Screener
LGOV vs FTLS
First Trust Long Duration Opportunities ETF vs First Trust Long/Short Equity ETF
Key differences
LGOV is a fixed income ETF, while FTLS is an alternative ETF. LGOV charges 0.49% a year and FTLS 1.38%.
- LGOV is a fixed income fund, while FTLS is an alternative fund. They carry different risk/return profiles.
- LGOV follows a index tracking strategy; FTLS uses long short.
- LGOV costs 0.89% less per year.
- FTLS is much larger than LGOV. Larger funds are usually more liquid and less likely to close.
- Over the last three years, FTLS has delivered higher annualized returns.
- FTLS has a longer track record, which may reduce uncertainty around long-term behavior.
Side-by-side comparison
| LGOV | FTLS | |
|---|---|---|
| Annual cost (TER) | 0.49% | 1.38% |
| Fund size (AUM) | $664M | $2.3B |
| Since | 2019 | 2014 |
| Dividend yield | 4.25% | 0.90% |
| Asset class | fixed income | alternative |
| Region | north america | north america |
| Strategy | index tracking | long short |
| CAGR 1Y | +5.5% | +14.5% |
| CAGR 3Y | +2.8% | +14.1% |
| CAGR 5Y | -1.7% | +10.0% |
| Sharpe 3Y | -0.04 | 1.02 |
| Volatility 1Y | 7.02% | 8.36% |
| Max drawdown | -30.85% | -20.54% |
Beyond the comparison: Beacon helps you build, track, and project a portfolio with the ETFs you pick.