CRPT vs FTLS
First Trust SkyBridge Crypto Industry and Digital Economy ETF vs First Trust Long/Short Equity ETF
Which is better, CRPT or FTLS?
Each has led over a different period.
CRPT has a lower expense ratio. CRPT led over 3Y, FTLS over 1Y, 5Y and the full window.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | CRPT | FTLS |
|---|---|---|
| Expense Ratio | 0.85%Best | 1.38% |
| AUM | $112M | $2.7B |
| Dividend Yield | 0.73% | 0.87% |
| Holdings | 44 | 363 |
| YTD Return | -11.05% | +9.83%Best |
| 1Y Return | -37.40% | +13.43%Best |
| 3Y Return (annualized) | +43.32%Best | +14.42% |
| 5Y Return (annualized) | -6.52% | +10.59%Best |
| Volatility (annualized) | 74.8% | 8.4%Best |
| Max Drawdown | -88.3% | -11.7%Best |
| $10,000 over 5 years | $7,138 | $16,542Best |
| Fund Family | First Trust Portfolios (US) | First Trust Portfolios (US) |
| Category | Alternative | Alternative |
| Style | Multi Alternative | Multi Alternative |
| Inception | Sep 20, 2021 | Sep 8, 2014 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown are measured over the window both funds cover: Sep 21, 2021 to Oct 14, 2026 (5.1 years).
CRPT vs FTLS growth
Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view covers the 5.1 years both funds cover.
CRPT vs FTLS Performance
First Trust SkyBridge Crypto Industry and Digital Economy ETF (CRPT) is an ETF from First Trust Portfolios (US) and First Trust Long/Short Equity ETF (FTLS) is an ETF from First Trust Portfolios (US). Over the past year CRPT returned -37.40% while FTLS returned +13.43%. Year to date, CRPT is down 11.05% versus a gain of 9.83% for FTLS.
Over three years, CRPT compounded at +43.32% per year against +14.42% for FTLS; over five years the annualized figures are -6.52% and +10.59% respectively.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
CRPT has been the more volatile fund, with annualized monthly volatility of 74.8% compared with 8.4% for FTLS. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The deepest peak-to-trough decline in our data was -88.3% for CRPT and -11.7% for FTLS. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.57. They move together some of the time, and apart the rest.
Fees and Cost Over Time
CRPT charges 0.85% per year while FTLS charges 1.38%. On a $10,000 position that is $85 vs $138 annually, a gap of $53 per year that compounds over a long holding period. On income, CRPT currently yields 0.73% against 0.87% for FTLS.
Holdings Overlap
At least 1.7% of CRPT's money is in holdings FTLS also owns.
Stated as a floor: for FTLS, our book for it covers 94.2% of that fund, so a holding it does not list is one we cannot count as shared. The real figure is this or higher.
CRPT and FTLS share little of their money.
3 positions in common, counted across the 20 positions we hold weights for in CRPT and 507 in FTLS, against full books of 44 and 363.
You are not choosing between two funds in isolation.
Whichever of CRPT and FTLS you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, CRPT or FTLS?
CRPT has an expense ratio of 0.85% while FTLS charges 1.38%. CRPT is the cheaper option, by $53 a year on a $10,000 investment.
Which performed better, CRPT or FTLS?
Over the past year CRPT returned -37.40% vs +13.43% for FTLS, so FTLS leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, CRPT or FTLS?
CRPT has been the more volatile fund at 74.8% annualized versus 8.4% for FTLS. Worst drawdown: CRPT -88.3% vs FTLS -11.7%.
Should I hold both CRPT and FTLS?
CRPT and FTLS have a monthly-return correlation of 0.57, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
What is the holdings overlap between CRPT and FTLS?
At least 1.7% of CRPT's money is in holdings FTLS also owns. Our book for FTLS is partial, so the real figure is this or higher. They hold 3 positions in common, counted across the 20 positions we hold weights for in CRPT and 507 in FTLS.
Which pays a higher dividend, CRPT or FTLS?
CRPT yields 0.73% while FTLS yields 0.87%, so FTLS currently pays the higher dividend yield.
Is FTLS better than CRPT?
CRPT has a lower expense ratio. CRPT led over 3Y, FTLS over 1Y, 5Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.