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WTLS vs FTLS

Wisdomtree Efficient Long/Short US Equity Fund vs First Trust Long/Short Equity ETF

WTLS

Wisdomtree Efficient Long/Short US Equity Fund

Annual cost

0.88%

Fund size

$12M

FTLS

First Trust Long/Short Equity ETF

Annual cost

1.38%

Fund size

$2.3B

Key differences

Both WTLS and FTLS are alternative ETFs. WTLS charges 0.88% a year and FTLS 1.38%. The main difference: WTLS costs 0.50% less per year.

  • WTLS costs 0.50% less per year.
  • FTLS is much larger than WTLS. 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

WTLSFTLS
Annual cost (TER)0.88%1.38%
Fund size (AUM)$12M$2.3B
Since20262014
Dividend yield0.90%
Asset classalternativealternative
Regionnorth americanorth america
Strategylong shortlong short
CAGR 1YN/A+14.5%
CAGR 3YN/A+14.1%
CAGR 5YN/A+10.0%
Sharpe 3YN/A1.02
Volatility 1Y8.36%
Max drawdown-8.95%-20.54%

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

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