Screener
WTLS vs FAAR
Wisdomtree Efficient Long/Short US Equity Fund vs First Trust Alternative Absolute Return Strategy ETF
Key differences
Both WTLS and FAAR are alternative ETFs. WTLS charges 0.88% a year and FAAR 0.98%. The main difference: WTLS costs 0.10% less per year.
- WTLS costs 0.10% less per year.
- FAAR is much larger than WTLS. Larger funds are usually more liquid and less likely to close.
- FAAR has a longer track record, which may reduce uncertainty around long-term behavior.
Side-by-side comparison
| WTLS | FAAR | |
|---|---|---|
| Annual cost (TER) | 0.88% | 0.98% |
| Fund size (AUM) | $12M | $176M |
| Since | 2026 | 2016 |
| Dividend yield | — | 9.19% |
| Asset class | alternative | alternative |
| Region | north america | north america |
| Strategy | long short | long short |
| CAGR 1Y | N/A | +33.2% |
| CAGR 3Y | N/A | +11.1% |
| CAGR 5Y | N/A | +7.4% |
| Sharpe 3Y | N/A | 0.67 |
| Volatility 1Y | — | 13.49% |
| Max drawdown | -8.95% | -18.03% |
Beyond the comparison: Beacon helps you build, track, and project a portfolio with the ETFs you pick.