FTLS vs JELM
First Trust Long/Short Equity ETF vs Janus Henderson Equity Linked Moderate Income ETF
Which is better, FTLS or JELM?
JELM costs less.
JELM has a lower expense ratio.
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 | JELM |
|---|---|---|
| Expense Ratio | 1.38% | 0.59%Best |
| AUM | $2.7B | $64M |
| Dividend Yield | 0.87% | 2.54% |
| Holdings | 363 | 39 |
| YTD Return | +9.83%Best | +1.72% |
| 1Y Return | +13.43% | - |
| 3Y Return (annualized) | +14.42% | - |
| 5Y Return (annualized) | +10.59% | - |
| Fund Family | First Trust Portfolios (US) | Janus Henderson Investors |
| Category | Alternative | Alternative |
| Style | Multi Alternative | Multi Alternative |
| Inception | Sep 8, 2014 | Apr 21, 2026 |
Not shown on this pair: Volatility (annualized), Max Drawdown, $10,000 over the window, Top 10 Weight.
FTLS vs JELM 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 is available from the range buttons; it is not the opening view here because over the whole period one of these two funds moves so much further than the other that its line would sit flat on the axis.
FTLS vs JELM Performance
First Trust Long/Short Equity ETF (FTLS) is an ETF from First Trust Portfolios (US) and Janus Henderson Equity Linked Moderate Income ETF (JELM) is an ETF from Janus Henderson Investors. Year to date, FTLS is up 9.83% versus a gain of 1.72% for JELM.
Past performance does not guarantee future results.
Fees and Cost Over Time
FTLS charges 1.38% per year while JELM charges 0.59%. On a $10,000 position that is $138 vs $59 annually, a gap of $79 per year that compounds over a long holding period. On income, FTLS currently yields 0.87% against 2.54% for JELM.
Holdings Overlap
We hold position weights for 507 holdings in FTLS and 1 in JELM, totalling 94.2% and 98.0% of the two funds. The two books name no position in common, so there is no overlap percentage to show.
0 positions in common, counted across the 507 positions we hold weights for in FTLS and 1 in JELM, against full books of 363 and 39.
You are not choosing between two funds in isolation.
Whichever of FTLS and JELM 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 JELM?
FTLS has an expense ratio of 1.38% while JELM charges 0.59%. JELM is the cheaper option, by $79 a year on a $10,000 investment.
Which pays a higher dividend, FTLS or JELM?
FTLS yields 0.87% while JELM yields 2.54%, so JELM currently pays the higher dividend yield.
Is JELM better than FTLS?
JELM has a lower expense ratio. Which one suits a particular account depends on what it is for. This is information, not a recommendation.