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LSEQ vs FTLS

Harbor Long-Short Equity ETF vs First Trust Long/Short Equity ETF

LSEQ

Harbor Long-Short Equity ETF

Harbor Capital Advisors Inc

Annual cost

2.28%

Fund size

$15M

FTLS

First Trust Long/Short Equity ETF

First Trust

Annual cost

1.38%

Fund size

$2.3B

Key differences

  • FTLS costs 0.90% less per year.
  • FTLS is significantly larger than LSEQ — larger funds tend to be more liquid and less likely to close.
  • FTLS has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

LSEQFTLS
Annual cost (TER)2.28%1.38%
Fund size (AUM)$15M$2.3B
Since20232014
Dividend yield1.78%0.91%
Asset classalternativealternative
Regionnorth americanorth america
Strategylong shortlong short
CAGR 1Y+19.7%+15.7%
CAGR 3YN/A+14.8%
CAGR 5YN/A+10.5%
Sharpe 3YN/A1.09
Volatility 1Y14.96%8.19%
Max drawdown-8.35%-20.54%

Green dot indicates the better value for that metric. Performance data is historical and does not predict future results.

Similar to LSEQ and FTLS