Screener
PHEQ vs FTLS
Parametric Hedged Equity ETF vs First Trust Long/Short Equity ETF
Key differences
Both PHEQ and FTLS are alternative ETFs. PHEQ charges 0.29% a year and FTLS 1.38%. The main difference: PHEQ costs 1.09% less per year.
- PHEQ costs 1.09% less per year.
- FTLS is much larger than PHEQ. Larger funds are usually 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
| PHEQ | FTLS | |
|---|---|---|
| Annual cost (TER) | 0.29% | 1.38% |
| Fund size (AUM) | $138M | $2.3B |
| Since | 2023 | 2014 |
| Dividend yield | 1.03% | 0.90% |
| Asset class | alternative | alternative |
| Region | north america | north america |
| Strategy | long short | long short |
| CAGR 1Y | +14.3% | +12.1% |
| CAGR 3Y | N/A | +13.4% |
| CAGR 5Y | N/A | +9.8% |
| Sharpe 3Y | N/A | 0.96 |
| Volatility 1Y | 6.16% | 8.31% |
| Max drawdown | -12.55% | -20.54% |
Beyond the comparison: Beacon helps you build, track, and project a portfolio with the ETFs you pick.