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THEQ vs FTLS

T. Rowe Price Hedged Equity ETF vs First Trust Long/Short Equity ETF

THEQ

T. Rowe Price Hedged Equity ETF

Annual cost

0.46%

Fund size

$35M

FTLS

First Trust Long/Short Equity ETF

Annual cost

1.38%

Fund size

$2.3B

Key differences

Both THEQ and FTLS are alternative ETFs. THEQ charges 0.46% a year and FTLS 1.38%. The main difference: THEQ costs 0.92% less per year.

  • THEQ costs 0.92% less per year.
  • FTLS is much larger than THEQ. 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

THEQFTLS
Annual cost (TER)0.46%1.38%
Fund size (AUM)$35M$2.3B
Since20252014
Dividend yield0.48%0.90%
Asset classalternativealternative
Regionnorth americanorth america
Strategylong shortlong short
CAGR 1Y+14.3%+12.1%
CAGR 3YN/A+13.4%
CAGR 5YN/A+9.8%
Sharpe 3YN/A0.96
Volatility 1Y8.89%8.31%
Max drawdown-8.08%-20.54%

Beyond the comparison: Beacon helps you build, track, and project a portfolio with the ETFs you pick.

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