QTR vs. FTLS
Compare and contrast key facts about Global X NASDAQ 100 Tail Risk ETF (QTR) and First Trust Long/Short Equity ETF (FTLS).
QTR and FTLS are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. QTR is a passively managed fund by Global X that tracks the performance of the NASDAQ-100 Quarterly Protective Put 90 Index. It was launched on Aug 25, 2021. 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: QTR or FTLS.
Correlation
The correlation between QTR and FTLS is 0.63, 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
QTR vs. FTLS - Performance Comparison
Key characteristics
QTR:
-0.13
FTLS:
0.07
QTR:
-0.05
FTLS:
0.15
QTR:
0.99
FTLS:
1.02
QTR:
-0.12
FTLS:
0.07
QTR:
-0.41
FTLS:
0.30
QTR:
5.35%
FTLS:
2.36%
QTR:
17.40%
FTLS:
10.71%
QTR:
-31.72%
FTLS:
-20.53%
QTR:
-18.02%
FTLS:
-10.41%
Returns By Period
In the year-to-date period, QTR achieves a -13.76% return, which is significantly lower than FTLS's -7.20% return.
QTR
-13.76%
-11.44%
-10.28%
-0.88%
N/A
N/A
FTLS
-7.20%
-6.49%
-3.63%
1.62%
11.71%
7.32%
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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.
Risk-Adjusted Performance
QTR vs. FTLS — Risk-Adjusted Performance Rank
QTR
FTLS
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.
Dividends
QTR vs. FTLS - Dividend Comparison
QTR's dividend yield for the trailing twelve months is around 0.58%, less than FTLS's 1.66% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
QTR Global X NASDAQ 100 Tail Risk ETF | 0.58% | 0.50% | 0.53% | 0.37% | 1.90% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
FTLS First Trust Long/Short Equity ETF | 1.66% | 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.
Volatility
QTR vs. FTLS - Volatility Comparison
Global X NASDAQ 100 Tail Risk ETF (QTR) has a higher volatility of 6.50% compared to First Trust Long/Short Equity ETF (FTLS) at 4.48%. 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.