DYLG vs FTLS
Global X Dow 30 Covered Call & Growth ETF vs First Trust Long/Short Equity ETF
Which is better, DYLG or FTLS?
Each has led over a different period.
DYLG has a lower expense ratio. DYLG led over 1Y, FTLS over 3Y 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 | DYLG | FTLS |
|---|---|---|
| Expense Ratio | 0.35%Best | 1.38% |
| AUM | $5M | $2.7B |
| Dividend Yield | 9.33% | 0.87% |
| Holdings | 66 | 363 |
| YTD Return | +7.96% | +9.83%Best |
| 1Y Return | +13.55%Best | +13.43% |
| 3Y Return (annualized) | +14.15% | +14.42%Best |
| 5Y Return (annualized) | - | +10.59% |
| Volatility (annualized) | 9.4% | 6.9%Best |
| Max Drawdown | -14.2% | -11.7%Best |
| $10,000 over 3.2 years | $14,429 | $15,026Best |
| Fund Family | Global X by mirae Asset | First Trust Portfolios (US) |
| Category | Alternative | Alternative |
| Style | Multi Alternative | Multi Alternative |
| Inception | Jul 25, 2023 | Sep 8, 2014 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 3.2 years row, are measured over the window both funds cover: Jul 26, 2023 to Oct 14, 2026 (3.2 years).
DYLG 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 3.2 years both funds cover.
DYLG vs FTLS Performance
Global X Dow 30 Covered Call & Growth ETF (DYLG) is an ETF from Global X by mirae Asset and First Trust Long/Short Equity ETF (FTLS) is an ETF from First Trust Portfolios (US). Over the past year DYLG returned +13.55% while FTLS returned +13.43%. Year to date, DYLG is up 7.96% versus a gain of 9.83% for FTLS.
Over three years, DYLG compounded at +14.15% per year against +14.42% for FTLS.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
DYLG has been the more volatile fund, with annualized monthly volatility of 9.4% compared with 6.9% 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 -14.2% for DYLG 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 0.76. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
DYLG charges 0.35% per year while FTLS charges 1.38%. On a $10,000 position that is $35 vs $138 annually, a gap of $103 per year that compounds over a long holding period. On income, DYLG currently yields 9.33% against 0.87% for FTLS.
Holdings Overlap
At least 66.9% of DYLG'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.
The two portfolios partly overlap.
20 positions in common, counted across the 30 positions we hold weights for in DYLG and 507 in FTLS, against full books of 66 and 363.
Top Shared Holdings
| Stock | Weight in DYLG | Weight in FTLS | Difference |
|---|---|---|---|
| CATCaterpillar, Inc. | 9.83% | 1.10% | 8.73% |
| MSFTMicrosoft Corp | 6.02% | 4.13% | 1.89% |
| AAPLApple, Inc | 3.88% | 5.55% | 1.67% |
| NVDANvidia Corp | 2.72% | 6.67% | 3.95% |
| GOOGLAlphabet Inc | 3.99% | 4.15% | 0.16% |
| AMZNAmazon.Com Inc | 2.92% | 2.60% | 0.32% |
| VVisa Inc Class A | 4.19% | 1.11% | 3.08% |
| AMGNAmgen Inc. | 4.68% | 0.38% | 4.30% |
| TRVThe Travelers Cos, Inc. | 4.19% | 0.30% | 3.89% |
| JPMJpmorgan Chase | 3.86% | 0.34% | 3.52% |
66.9% of DYLG is already inside FTLS.
You probably hold more than these two. Add the rest and see how much of the whole book is the same companies twice.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, DYLG or FTLS?
DYLG has an expense ratio of 0.35% while FTLS charges 1.38%. DYLG is the cheaper option, by $103 a year on a $10,000 investment.
Which performed better, DYLG or FTLS?
Over the past year DYLG returned +13.55% vs +13.43% for FTLS, so DYLG leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, DYLG or FTLS?
DYLG has been the more volatile fund at 9.4% annualized versus 6.9% for FTLS. Worst drawdown: DYLG -14.2% vs FTLS -11.7%.
Should I hold both DYLG and FTLS?
DYLG and FTLS have a monthly-return correlation of 0.76, 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 DYLG and FTLS?
At least 66.9% of DYLG's money is in holdings FTLS also owns. Our book for FTLS is partial, so the real figure is this or higher. They hold 20 positions in common, counted across the 30 positions we hold weights for in DYLG and 507 in FTLS.
Which pays a higher dividend, DYLG or FTLS?
DYLG yields 9.33% while FTLS yields 0.87%, so DYLG currently pays the higher dividend yield.
Is FTLS better than DYLG?
DYLG has a lower expense ratio. DYLG led over 1Y, FTLS over 3Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.