UAE vs FLEU

UAE is an equity ETF, while FLEU is an alternative ETF. UAE charges 0.59% a year and FLEU 0.09%.

• UAE is an equity fund, while FLEU is an alternative fund. They carry different risk/return profiles.
• UAE follows a index tracking strategy; FLEU uses option income.
• FLEU costs 0.50% less per year.
• UAE is much larger than FLEU. Larger funds are usually more liquid and less likely to close.
• Over the last three years, FLEU has delivered higher annualized returns.