CBLS vs. FTLS

In the year-to-date period, CBLS achieves a 5.47% return, which is significantly higher than FTLS's -1.36% return.

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CBLS has a 1.95% expense ratio, which is higher than FTLS's 1.60% expense ratio.

This table presents a comparison of risk-adjusted performance metrics for Changebridge Capital Long/Short Equity ETF (CBLS) 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.

The current CBLS Sharpe Ratio is 0.79, which is comparable to the FTLS Sharpe Ratio of 0.74. The chart below compares the historical Sharpe Ratios of CBLS and FTLS, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

CBLS has not paid dividends to shareholders, while FTLS's dividend yield for the trailing twelve months is around 1.56%.

The maximum CBLS drawdown since its inception was -32.78%, which is greater than FTLS's maximum drawdown of -20.53%. Use the drawdown chart below to compare losses from any high point for CBLS and FTLS. For additional features, visit the drawdowns tool.

The current volatility for Changebridge Capital Long/Short Equity ETF (CBLS) is 3.26%, while First Trust Long/Short Equity ETF (FTLS) has a volatility of 3.62%. This indicates that CBLS experiences smaller price fluctuations and is considered to be less risky than FTLS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.