FTLS + GLD
Asset Allocation
| Position | Category/Sector | Target Weight |
|---|---|---|
FTLS First Trust Long/Short Equity ETF | Long-Short, Actively Managed | 70% |
GLD SPDR Gold Trust | Precious Metals, Gold | 30% |
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in FTLS + GLD, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends. The portfolio is rebalanced every 3 months.
The earliest data available for this chart is Sep 9, 2014, corresponding to the inception date of FTLS
Returns By Period
As of Apr 7, 2025, the FTLS + GLD returned -0.45% Year-To-Date and 8.25% of annualized return in the last 10 years.
| YTD | 1M | 6M | 1Y | 5Y* | 10Y* | |
|---|---|---|---|---|---|---|
^GSPC S&P 500 | -13.73% | -12.06% | -11.77% | -2.50% | 13.85% | 9.30% |
| FTLS + GLD | -0.45% | -2.78% | 1.90% | 9.51% | 11.82% | 8.25% |
| Portfolio components: | ||||||
FTLS First Trust Long/Short Equity ETF | -7.20% | -6.01% | -3.63% | 0.83% | 11.17% | 7.28% |
GLD SPDR Gold Trust | 15.52% | 4.22% | 14.17% | 30.02% | 12.43% | 9.35% |
Monthly Returns
The table below presents the monthly returns of FTLS + GLD, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | 3.94% | -0.62% | 0.73% | -4.32% | -0.45% | ||||||||
| 2024 | 1.78% | 2.88% | 4.25% | -1.82% | 2.92% | 1.69% | 1.98% | 1.50% | 1.67% | 1.66% | 1.71% | -0.57% | 21.37% |
| 2023 | 3.84% | -3.09% | 4.73% | 1.40% | -0.90% | 1.72% | 2.38% | -0.98% | -1.76% | 1.95% | 3.85% | 1.94% | 15.79% |
| 2022 | -3.29% | 1.42% | 1.66% | -1.77% | 0.54% | -3.66% | 1.42% | -2.17% | -4.21% | 2.58% | 5.49% | -1.63% | -4.02% |
| 2021 | 1.06% | -0.73% | -0.44% | 3.22% | 4.06% | -1.31% | 1.31% | 1.05% | -2.98% | 3.40% | -0.32% | 3.57% | 12.26% |
| 2020 | 1.81% | -4.78% | -4.39% | 6.37% | 3.18% | 0.67% | 6.69% | 2.13% | -4.14% | -1.48% | 0.18% | 3.48% | 9.26% |
| 2019 | 3.11% | 0.88% | 0.30% | 0.96% | -1.85% | 5.74% | 1.13% | 1.73% | -0.04% | 1.96% | 0.06% | 1.82% | 16.78% |
| 2018 | 3.64% | -2.87% | -0.71% | -0.84% | 0.92% | -1.52% | 0.58% | 1.14% | -0.34% | -2.82% | 0.65% | -1.22% | -3.50% |
| 2017 | 1.28% | 2.58% | -0.59% | 1.68% | 0.87% | -0.20% | 1.53% | 0.86% | 0.62% | 1.08% | 2.05% | 1.50% | 14.05% |
| 2016 | -1.01% | 2.52% | 1.86% | 0.93% | -1.67% | 2.80% | 3.59% | -1.72% | 0.86% | -2.09% | 1.01% | 0.68% | 7.83% |
| 2015 | 2.41% | 0.86% | -0.93% | 0.21% | 1.22% | -2.19% | -1.02% | -1.49% | -0.74% | 3.69% | -0.88% | -0.95% | 0.03% |
| 2014 | -1.50% | -0.27% | 3.16% | 0.70% | 2.06% |
Expense Ratio
FTLS + GLD has a high expense ratio of 1.24%, indicating above-average management fees. Below, you can find the expense ratios of the portfolio's funds side by side and easily compare their relative costs.
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
With an overall rank of 92, FTLS + GLD is among the top 8% of portfolios on our website when it comes to balancing risk and reward. Below is a breakdown of how it compares using common performance measures.
Risk-Adjusted Performance Indicators
This table presents a comparison of risk-adjusted performance metrics for positions. Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
| Sharpe ratio | Sortino ratio | Omega ratio | Calmar ratio | Martin ratio | |
|---|---|---|---|---|---|
FTLS First Trust Long/Short Equity ETF | 0.07 | 0.15 | 1.02 | 0.07 | 0.30 |
GLD SPDR Gold Trust | 2.02 | 2.65 | 1.34 | 3.88 | 10.48 |
Dividends
Dividend yield
FTLS + GLD provided a 1.16% dividend yield over the last twelve months.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Portfolio | 1.16% | 1.05% | 1.04% | 0.57% | 0.00% | 0.31% | 0.58% | 0.61% | 0.30% | 0.73% | 0.34% | 0.36% |
| Portfolio components: | ||||||||||||
FTLS First Trust Long/Short Equity ETF | 1.66% | 1.50% | 1.49% | 0.81% | 0.01% | 0.44% | 0.83% | 0.87% | 0.43% | 1.04% | 0.49% | 0.51% |
GLD SPDR Gold Trust | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
Worst Drawdowns
The table below displays the maximum drawdowns of the FTLS + GLD. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the FTLS + GLD was 15.89%, occurring on Mar 16, 2020. Recovery took 84 trading sessions.
The current FTLS + GLD drawdown is 5.99%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -15.89% | Feb 20, 2020 | 18 | Mar 16, 2020 | 84 | Jul 15, 2020 | 102 |
| -11.87% | Apr 21, 2022 | 109 | Sep 26, 2022 | 130 | Apr 3, 2023 | 239 |
| -10.82% | Jan 29, 2018 | 229 | Dec 24, 2018 | 124 | Jun 24, 2019 | 353 |
| -7.92% | May 19, 2015 | 171 | Jan 21, 2016 | 96 | Jun 8, 2016 | 267 |
| -6.57% | Sep 2, 2020 | 15 | Sep 23, 2020 | 81 | Jan 20, 2021 | 96 |
Volatility
Volatility Chart
The current FTLS + GLD volatility is 3.94%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.
Diversification
Asset Correlations Table
| FTLS | GLD | |
|---|---|---|
| FTLS | 1.00 | 0.04 |
| GLD | 0.04 | 1.00 |