RSEE vs. FTLS
Compare and contrast key facts about Rareview Systematic Equity ETF (RSEE) and First Trust Long/Short Equity ETF (FTLS).
RSEE and FTLS are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. RSEE is an actively managed fund by Rareview Funds. It was launched on Jan 20, 2022. 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: RSEE or FTLS.
Correlation
The correlation between RSEE and FTLS is 0.77, 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
RSEE vs. FTLS - Performance Comparison
Key characteristics
RSEE:
0.25
FTLS:
0.65
RSEE:
0.54
FTLS:
0.94
RSEE:
1.07
FTLS:
1.13
RSEE:
0.28
FTLS:
0.65
RSEE:
1.21
FTLS:
2.40
RSEE:
4.98%
FTLS:
3.15%
RSEE:
23.82%
FTLS:
11.71%
RSEE:
-21.60%
FTLS:
-20.53%
RSEE:
-12.14%
FTLS:
-7.03%
Returns By Period
In the year-to-date period, RSEE achieves a -6.70% return, which is significantly lower than FTLS's -3.69% return.
RSEE
-6.70%
-3.47%
-8.37%
3.98%
N/A
N/A
FTLS
-3.69%
-0.38%
-0.81%
6.76%
10.78%
7.68%
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RSEE vs. FTLS - Expense Ratio Comparison
RSEE has a 1.27% expense ratio, which is lower than FTLS's 1.60% expense ratio.
Risk-Adjusted Performance
RSEE vs. FTLS — Risk-Adjusted Performance Rank
RSEE
FTLS
RSEE vs. FTLS - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Rareview Systematic Equity ETF (RSEE) 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
RSEE vs. FTLS - Dividend Comparison
RSEE's dividend yield for the trailing twelve months is around 9.67%, more than FTLS's 1.60% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
RSEE Rareview Systematic Equity ETF | 9.67% | 9.02% | 0.84% | 1.97% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
FTLS First Trust Long/Short Equity ETF | 1.60% | 1.50% | 1.49% | 0.81% | 0.01% | 0.44% | 0.83% | 0.87% | 0.43% | 1.04% | 0.49% | 0.51% |
Drawdowns
RSEE vs. FTLS - Drawdown Comparison
The maximum RSEE drawdown since its inception was -21.60%, which is greater than FTLS's maximum drawdown of -20.53%. Use the drawdown chart below to compare losses from any high point for RSEE and FTLS. For additional features, visit the drawdowns tool.
Volatility
RSEE vs. FTLS - Volatility Comparison
Rareview Systematic Equity ETF (RSEE) has a higher volatility of 16.74% compared to First Trust Long/Short Equity ETF (FTLS) at 6.87%. This indicates that RSEE'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.