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QTR vs. FTLS
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between QTR and FTLS is 0.78, 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.


-0.50.00.51.0
Correlation: 0.8

Performance

QTR vs. FTLS - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Global X NASDAQ 100 Tail Risk ETF (QTR) and First Trust Long/Short Equity ETF (FTLS). The values are adjusted to include any dividend payments, if applicable.

10.00%15.00%20.00%25.00%30.00%35.00%40.00%45.00%NovemberDecember2025FebruaryMarchApril
18.31%
33.25%
QTR
FTLS

Key characteristics

Sharpe Ratio

QTR:

0.41

FTLS:

0.55

Sortino Ratio

QTR:

0.69

FTLS:

0.82

Omega Ratio

QTR:

1.09

FTLS:

1.11

Calmar Ratio

QTR:

0.41

FTLS:

0.55

Martin Ratio

QTR:

1.20

FTLS:

2.10

Ulcer Index

QTR:

6.45%

FTLS:

3.09%

Daily Std Dev

QTR:

18.80%

FTLS:

11.73%

Max Drawdown

QTR:

-31.72%

FTLS:

-20.53%

Current Drawdown

QTR:

-13.16%

FTLS:

-7.22%

Returns By Period

In the year-to-date period, QTR achieves a -8.64% return, which is significantly lower than FTLS's -3.89% return.


QTR

YTD

-8.64%

1M

-1.75%

6M

-6.01%

1Y

6.37%

5Y*

N/A

10Y*

N/A

FTLS

YTD

-3.89%

1M

-1.54%

6M

-0.98%

1Y

6.54%

5Y*

10.63%

10Y*

7.71%

*Annualized

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QTR vs. FTLS - Expense Ratio Comparison

QTR has a 0.60% expense ratio, which is lower than FTLS's 1.60% expense ratio.


Expense ratio chart for FTLS: current value is 1.60%, compared with the broader market range of 0.00% to 2.12%.0.50%1.00%1.50%2.00%
FTLS: 1.60%
Expense ratio chart for QTR: current value is 0.60%, compared with the broader market range of 0.00% to 2.12%.0.50%1.00%1.50%2.00%
QTR: 0.60%

Risk-Adjusted Performance

QTR vs. FTLS — Risk-Adjusted Performance Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

QTR
The Risk-Adjusted Performance Rank of QTR is 5151
Overall Rank
The Sharpe Ratio Rank of QTR is 5252
Sharpe Ratio Rank
The Sortino Ratio Rank of QTR is 5252
Sortino Ratio Rank
The Omega Ratio Rank of QTR is 4949
Omega Ratio Rank
The Calmar Ratio Rank of QTR is 5656
Calmar Ratio Rank
The Martin Ratio Rank of QTR is 4747
Martin Ratio Rank

FTLS
The Risk-Adjusted Performance Rank of FTLS is 6262
Overall Rank
The Sharpe Ratio Rank of FTLS is 6363
Sharpe Ratio Rank
The Sortino Ratio Rank of FTLS is 5959
Sortino Ratio Rank
The Omega Ratio Rank of FTLS is 5757
Omega Ratio Rank
The Calmar Ratio Rank of FTLS is 6767
Calmar Ratio Rank
The Martin Ratio Rank of FTLS is 6262
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

QTR vs. FTLS - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Global X NASDAQ 100 Tail Risk ETF (QTR) 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 chart of Sharpe ratio for QTR, currently valued at 0.41, compared to the broader market-1.000.001.002.003.004.00
QTR: 0.41
FTLS: 0.55
The chart of Sortino ratio for QTR, currently valued at 0.69, compared to the broader market-2.000.002.004.006.008.00
QTR: 0.69
FTLS: 0.82
The chart of Omega ratio for QTR, currently valued at 1.09, compared to the broader market0.501.001.502.002.50
QTR: 1.09
FTLS: 1.11
The chart of Calmar ratio for QTR, currently valued at 0.41, compared to the broader market0.002.004.006.008.0010.0012.00
QTR: 0.41
FTLS: 0.55
The chart of Martin ratio for QTR, currently valued at 1.20, compared to the broader market0.0020.0040.0060.00
QTR: 1.20
FTLS: 2.10

The current QTR Sharpe Ratio is 0.41, which is comparable to the FTLS Sharpe Ratio of 0.55. The chart below compares the historical Sharpe Ratios of QTR 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.


Rolling 12-month Sharpe Ratio0.000.501.001.502.002.50NovemberDecember2025FebruaryMarchApril
0.41
0.55
QTR
FTLS

Dividends

QTR vs. FTLS - Dividend Comparison

QTR's dividend yield for the trailing twelve months is around 0.55%, less than FTLS's 1.61% yield.


TTM20242023202220212020201920182017201620152014
QTR
Global X NASDAQ 100 Tail Risk ETF
0.55%0.50%0.53%0.36%1.90%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
FTLS
First Trust Long/Short Equity ETF
1.61%1.50%1.49%0.81%0.01%0.44%0.83%0.87%0.43%1.04%0.49%0.51%

Drawdowns

QTR vs. FTLS - Drawdown Comparison

The maximum QTR drawdown since its inception was -31.72%, which is greater than FTLS's maximum drawdown of -20.53%. Use the drawdown chart below to compare losses from any high point for QTR and FTLS. For additional features, visit the drawdowns tool.


-20.00%-15.00%-10.00%-5.00%0.00%NovemberDecember2025FebruaryMarchApril
-13.16%
-7.22%
QTR
FTLS

Volatility

QTR vs. FTLS - Volatility Comparison

Global X NASDAQ 100 Tail Risk ETF (QTR) has a higher volatility of 9.73% compared to First Trust Long/Short Equity ETF (FTLS) at 6.93%. This indicates that QTR's price experiences larger fluctuations and is considered to be riskier than FTLS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


2.00%4.00%6.00%8.00%10.00%NovemberDecember2025FebruaryMarchApril
9.73%
6.93%
QTR
FTLS