DBEH vs. FTLS
Compare and contrast key facts about iM DBi Hedge Strategy ETF (DBEH) and First Trust Long/Short Equity ETF (FTLS).
DBEH and FTLS are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. DBEH is an actively managed fund by Litman Gregory Capital Partners LLC. It was launched on Dec 18, 2019. 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: DBEH or FTLS.
Key characteristics
DBEH | FTLS |
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Correlation
The correlation between DBEH and FTLS is 0.54, 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
DBEH vs. FTLS - Performance Comparison
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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DBEH vs. FTLS - Expense Ratio Comparison
DBEH has a 0.85% expense ratio, which is lower than FTLS's 1.60% expense ratio.
Risk-Adjusted Performance
DBEH vs. FTLS - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for iM DBi Hedge Strategy ETF (DBEH) 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
DBEH vs. FTLS - Dividend Comparison
DBEH has not paid dividends to shareholders, while FTLS's dividend yield for the trailing twelve months is around 1.56%.
TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
---|---|---|---|---|---|---|---|---|---|---|---|
iM DBi Hedge Strategy ETF | 5.62% | 3.05% | 1.54% | 17.43% | 0.06% | 0.02% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
First Trust Long/Short Equity ETF | 1.56% | 1.49% | 0.81% | 0.01% | 0.44% | 0.83% | 0.87% | 0.43% | 1.04% | 0.49% | 0.51% |
Drawdowns
DBEH vs. FTLS - Drawdown Comparison
Volatility
DBEH vs. FTLS - Volatility Comparison
The current volatility for iM DBi Hedge Strategy ETF (DBEH) is 0.00%, while First Trust Long/Short Equity ETF (FTLS) has a volatility of 2.47%. This indicates that DBEH 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.