ADME vs. FTLS
Compare and contrast key facts about Aptus Drawdown Managed Equity ETF (ADME) and First Trust Long/Short Equity ETF (FTLS).
ADME and FTLS are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. ADME is a passively managed fund by Aptus Capital Advisors that tracks the performance of the Aptus Behavioral Momentum Index. It was launched on Jun 8, 2016. FTLS is an actively managed fund by First Trust. It was launched on Sep 9, 2014.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: ADME or FTLS.
Key characteristics
| ADME | FTLS | |
|---|---|---|
| YTD Return | 10.26% | 9.72% |
| 1Y Return | 23.49% | 21.91% |
| 3Y Return (Ann) | 3.82% | 10.10% |
| 5Y Return (Ann) | 8.47% | 10.18% |
| Sharpe Ratio | 2.25 | 2.28 |
| Daily Std Dev | 10.11% | 9.54% |
| Max Drawdown | -27.49% | -20.53% |
| Current Drawdown | -0.97% | -0.10% |
Correlation
The correlation between ADME and FTLS is 0.74, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
ADME vs. FTLS - Performance Comparison
In the year-to-date period, ADME achieves a 10.26% return, which is significantly higher than FTLS's 9.72% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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ADME vs. FTLS - Expense Ratio Comparison
ADME has a 0.79% expense ratio, which is lower than FTLS's 1.60% expense ratio.
Risk-Adjusted Performance
ADME vs. FTLS - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Aptus Drawdown Managed Equity ETF (ADME) and First Trust Long/Short Equity ETF (FTLS). 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.
Dividends
ADME vs. FTLS - Dividend Comparison
ADME's dividend yield for the trailing twelve months is around 0.72%, less than FTLS's 1.36% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
ADME Aptus Drawdown Managed Equity ETF | 0.72% | 0.78% | 0.73% | 0.26% | 0.41% | 0.70% | 0.86% | 0.32% | 0.69% | 0.00% | 0.00% |
FTLS First Trust Long/Short Equity ETF | 1.36% | 1.49% | 0.81% | 0.01% | 0.44% | 0.83% | 0.87% | 0.43% | 1.04% | 0.49% | 0.51% |
Drawdowns
ADME vs. FTLS - Drawdown Comparison
The maximum ADME drawdown since its inception was -27.49%, which is greater than FTLS's maximum drawdown of -20.53%. Use the drawdown chart below to compare losses from any high point for ADME and FTLS. For additional features, visit the drawdowns tool.
Volatility
ADME vs. FTLS - Volatility Comparison
Aptus Drawdown Managed Equity ETF (ADME) and First Trust Long/Short Equity ETF (FTLS) have volatilities of 3.14% and 3.26%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.