CPLIX vs. FTLS
Compare and contrast key facts about Calamos Phineus Long/Short Fund (CPLIX) and First Trust Long/Short Equity ETF (FTLS).
CPLIX is managed by Calamos. It was launched on Apr 4, 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: CPLIX or FTLS.
Correlation
The correlation between CPLIX and FTLS is 0.43, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
CPLIX vs. FTLS - Performance Comparison
Key characteristics
CPLIX:
1.05
FTLS:
1.83
CPLIX:
1.51
FTLS:
2.50
CPLIX:
1.20
FTLS:
1.33
CPLIX:
1.60
FTLS:
4.24
CPLIX:
4.08
FTLS:
13.29
CPLIX:
1.78%
FTLS:
1.41%
CPLIX:
6.95%
FTLS:
10.30%
CPLIX:
-36.18%
FTLS:
-20.53%
CPLIX:
-2.28%
FTLS:
-0.72%
Returns By Period
In the year-to-date period, CPLIX achieves a 1.54% return, which is significantly lower than FTLS's 2.11% return.
CPLIX
1.54%
-0.69%
0.47%
6.54%
8.29%
N/A
FTLS
2.11%
1.57%
7.90%
17.94%
9.96%
8.75%
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CPLIX vs. FTLS - Expense Ratio Comparison
CPLIX has a 1.38% expense ratio, which is lower than FTLS's 1.60% expense ratio.
Risk-Adjusted Performance
CPLIX vs. FTLS — Risk-Adjusted Performance Rank
CPLIX
FTLS
CPLIX vs. FTLS - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Calamos Phineus Long/Short Fund (CPLIX) 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
CPLIX vs. FTLS - Dividend Comparison
CPLIX's dividend yield for the trailing twelve months is around 3.98%, more than FTLS's 1.47% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CPLIX Calamos Phineus Long/Short Fund | 3.98% | 4.04% | 1.85% | 0.03% | 0.00% | 0.00% | 0.43% | 0.03% | 0.00% | 0.00% | 0.00% | 0.00% |
FTLS First Trust Long/Short Equity ETF | 1.47% | 1.50% | 1.49% | 0.81% | 0.01% | 0.44% | 0.83% | 0.87% | 0.43% | 1.04% | 0.49% | 0.51% |
Drawdowns
CPLIX vs. FTLS - Drawdown Comparison
The maximum CPLIX drawdown since its inception was -36.18%, which is greater than FTLS's maximum drawdown of -20.53%. Use the drawdown chart below to compare losses from any high point for CPLIX and FTLS. For additional features, visit the drawdowns tool.
Volatility
CPLIX vs. FTLS - Volatility Comparison
The current volatility for Calamos Phineus Long/Short Fund (CPLIX) is 3.33%, while First Trust Long/Short Equity ETF (FTLS) has a volatility of 4.25%. This indicates that CPLIX 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.