Skip to content
Beacon
Screener

NXTG vs FTLS

First Trust IndXX NextG ETF vs First Trust Long/Short Equity ETF

NXTG

First Trust IndXX NextG ETF

First Trust

Annual cost

0.70%

Fund size

$499M

FTLS

First Trust Long/Short Equity ETF

First Trust

Annual cost

1.38%

Fund size

$2.3B

Key differences

  • NXTG costs 0.68% less per year.
  • FTLS is significantly larger than NXTG — larger funds tend to be more liquid and less likely to close.
  • NXTG is classified as equity, while FTLS is alternative — different risk/return profiles.
  • NXTG follows a index tracking strategy; FTLS uses long short.
  • Over the last 3 years, NXTG has delivered higher annualized returns.

Side-by-side comparison

NXTGFTLS
Annual cost (TER)0.70%1.38%
Fund size (AUM)$499M$2.3B
Since20112014
Dividend yield1.36%0.91%
Asset classequityalternative
Regionnorth americanorth america
Strategyindex trackinglong short
CAGR 1Y+74.0%+15.8%
CAGR 3Y+34.0%+14.6%
CAGR 5Y+18.8%+10.7%
Sharpe 3Y1.601.07
Volatility 1Y18.12%8.19%
Max drawdown-33.61%-20.54%

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

Similar to NXTG and FTLS