FTLS vs. VOO
Compare and contrast key facts about First Trust Long/Short Equity ETF (FTLS) and Vanguard S&P 500 ETF (VOO).
FTLS and VOO are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. FTLS is an actively managed fund by First Trust. It was launched on Sep 9, 2014. VOO is a passively managed fund by Vanguard that tracks the performance of the S&P 500 Index. It was launched on Sep 7, 2010.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FTLS or VOO.
Correlation
The correlation between FTLS and VOO is 0.81, 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
FTLS vs. VOO - Performance Comparison
Key characteristics
FTLS:
1.94
VOO:
2.22
FTLS:
2.63
VOO:
2.95
FTLS:
1.35
VOO:
1.42
FTLS:
4.44
VOO:
3.27
FTLS:
14.65
VOO:
14.57
FTLS:
1.34%
VOO:
1.90%
FTLS:
10.17%
VOO:
12.47%
FTLS:
-20.53%
VOO:
-33.99%
FTLS:
-1.64%
VOO:
-1.77%
Returns By Period
In the year-to-date period, FTLS achieves a 20.19% return, which is significantly lower than VOO's 26.92% return. Over the past 10 years, FTLS has underperformed VOO with an annualized return of 8.67%, while VOO has yielded a comparatively higher 13.12% annualized return.
FTLS
20.19%
1.88%
7.16%
19.36%
10.25%
8.67%
VOO
26.92%
0.27%
10.43%
27.36%
14.95%
13.12%
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FTLS vs. VOO - Expense Ratio Comparison
FTLS has a 1.60% expense ratio, which is higher than VOO's 0.03% expense ratio.
Risk-Adjusted Performance
FTLS vs. VOO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for First Trust Long/Short Equity ETF (FTLS) and Vanguard S&P 500 ETF (VOO). 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
FTLS vs. VOO - Dividend Comparison
FTLS's dividend yield for the trailing twelve months is around 1.49%, more than VOO's 1.23% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FTLS First Trust Long/Short Equity ETF | 1.49% | 1.49% | 0.81% | 0.01% | 0.44% | 0.83% | 0.87% | 0.43% | 1.04% | 0.49% | 0.51% | 0.00% |
VOO Vanguard S&P 500 ETF | 1.23% | 1.46% | 1.69% | 1.25% | 1.54% | 1.88% | 2.06% | 1.78% | 2.02% | 2.10% | 1.85% | 1.84% |
Drawdowns
FTLS vs. VOO - Drawdown Comparison
The maximum FTLS drawdown since its inception was -20.53%, smaller than the maximum VOO drawdown of -33.99%. Use the drawdown chart below to compare losses from any high point for FTLS and VOO. For additional features, visit the drawdowns tool.
Volatility
FTLS vs. VOO - Volatility Comparison
First Trust Long/Short Equity ETF (FTLS) and Vanguard S&P 500 ETF (VOO) have volatilities of 3.74% and 3.78%, 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.