FTLS vs GFEB
First Trust Long/Short Equity ETF vs FT Vest US Equity Moderate Buffer ETF - February
Which is better, FTLS or GFEB?
FTLS has been ahead.
GFEB has a lower expense ratio. FTLS led over 1Y, 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 | FTLS | GFEB |
|---|---|---|
| Expense Ratio | 1.38% | 0.85%Best |
| AUM | $2.7B | $375M |
| Dividend Yield | 0.87% | 0.00% |
| Holdings | 363 | 10 |
| YTD Return | +9.83%Best | +8.76% |
| 1Y Return | +13.43%Best | +11.72% |
| 3Y Return (annualized) | +14.42%Best | +13.19% |
| 5Y Return (annualized) | +10.59% | - |
| Volatility (annualized) | 6.8% | 6.1%Best |
| Max Drawdown | -11.7% | -9.6%Best |
| $10,000 over 3.6 years | $16,338Best | $15,492 |
| Fund Family | First Trust Portfolios (US) | First Trust Portfolios (US) |
| Category | Alternative | Alternative |
| Style | Multi Alternative | Multi Alternative |
| Inception | Sep 8, 2014 | Feb 17, 2023 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 3.6 years row, are measured over the window both funds cover: Feb 21, 2023 to Oct 14, 2026 (3.6 years).
FTLS vs GFEB 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 3.6 years both funds cover.
FTLS vs GFEB Performance
First Trust Long/Short Equity ETF (FTLS) is an ETF from First Trust Portfolios (US) and FT Vest US Equity Moderate Buffer ETF - February (GFEB) is an ETF from First Trust Portfolios (US). Over the past year FTLS returned +13.43% while GFEB returned +11.72%. Year to date, FTLS is up 9.83% versus a gain of 8.76% for GFEB.
Over three years, FTLS compounded at +14.42% per year against +13.19% for GFEB. Across the full 4-year window we track, FTLS has the edge at +14.61% annualized vs +12.93%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
FTLS has been the more volatile fund, with annualized monthly volatility of 6.8% compared with 6.1% for GFEB. 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 -11.7% for FTLS and -9.6% for GFEB. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.82. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
FTLS charges 1.38% per year while GFEB charges 0.85%. On a $10,000 position that is $138 vs $85 annually, a gap of $53 per year that compounds over a long holding period. On income, FTLS currently yields 0.87% against 0.00% for GFEB.
You are not choosing between two funds in isolation.
Whichever of FTLS and GFEB 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, FTLS or GFEB?
FTLS has an expense ratio of 1.38% while GFEB charges 0.85%. GFEB is the cheaper option, by $53 a year on a $10,000 investment.
Which performed better, FTLS or GFEB?
Over the past year FTLS returned +13.43% vs +11.72% for GFEB, so FTLS leads on 1-year performance. Over the longest common window we track (4 years), FTLS annualized +14.61% vs +12.93% for GFEB. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, FTLS or GFEB?
FTLS has been the more volatile fund at 6.8% annualized versus 6.1% for GFEB. Worst drawdown: FTLS -11.7% vs GFEB -9.6%.
Should I hold both FTLS and GFEB?
FTLS and GFEB have a monthly-return correlation of 0.82, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
Which pays a higher dividend, FTLS or GFEB?
FTLS yields 0.87% while GFEB yields 0.00%, so FTLS currently pays the higher dividend yield.
Is GFEB better than FTLS?
GFEB has a lower expense ratio. FTLS led over 1Y, 3Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.