Screener
SPBC vs FTLS
Simplify US Equity PLUS Bitcoin Strategy ETF vs First Trust Long/Short Equity ETF
Key differences
Both SPBC and FTLS are alternative ETFs. SPBC charges 0.54% a year and FTLS 1.38%. The main difference: SPBC follows a multi strategy strategy; FTLS uses long short.
- SPBC follows a multi strategy strategy; FTLS uses long short.
- SPBC costs 0.84% less per year.
- FTLS is much larger than SPBC. Larger funds are usually more liquid and less likely to close.
- Over the last three years, SPBC has delivered higher annualized returns.
- FTLS has a longer track record, which may reduce uncertainty around long-term behavior.
Side-by-side comparison
| SPBC | FTLS | |
|---|---|---|
| Annual cost (TER) | 0.54% | 1.38% |
| Fund size (AUM) | $45M | $2.3B |
| Since | 2021 | 2014 |
| Dividend yield | 0.82% | 0.90% |
| Asset class | alternative | alternative |
| Region | north america | north america |
| Strategy | multi strategy | long short |
| CAGR 1Y | +17.8% | +14.5% |
| CAGR 3Y | +27.7% | +14.1% |
| CAGR 5Y | +15.7% | +10.0% |
| Sharpe 3Y | 1.27 | 1.02 |
| Volatility 1Y | 14.86% | 8.36% |
| Max drawdown | -33.81% | -20.54% |
Beyond the comparison: Beacon helps you build, track, and project a portfolio with the ETFs you pick.