FTLS vs TSLZ
First Trust Long/Short Equity ETF vs T-Rex 2X Inverse Tesla Daily Target ETF
Which is better, FTLS or TSLZ?
FTLS has been ahead.
TSLZ 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 | TSLZ |
|---|---|---|
| Expense Ratio | 1.38% | 1.05%Best |
| AUM | $2.7B | $25M |
| Dividend Yield | 0.87% | 0.66% |
| Holdings | 363 | 7 |
| YTD Return | +9.83%Best | -9.37% |
| 1Y Return | +13.43%Best | -23.17% |
| 3Y Return (annualized) | +14.42%Best | -75.00% |
| 5Y Return (annualized) | +10.59% | - |
| Volatility (annualized) | 7.0%Best | 103.5% |
| Max Drawdown | -11.7% | - |
| $10,000 over 3 years | $15,260Best | $156 |
| Fund Family | First Trust Portfolios (US) | REX Shares |
| Category | Alternative | Alternative |
| Style | Multi Alternative | Multi Alternative |
| Inception | Sep 8, 2014 | Oct 19, 2023 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 3 years row, are measured over the window both funds cover: Oct 19, 2023 to Oct 14, 2026 (3 years).
FTLS vs TSLZ 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 years both funds cover.
FTLS vs TSLZ Performance
First Trust Long/Short Equity ETF (FTLS) is an ETF from First Trust Portfolios (US) and T-Rex 2X Inverse Tesla Daily Target ETF (TSLZ) is an ETF from REX Shares. Over the past year FTLS returned +13.43% while TSLZ returned -23.17%. Year to date, FTLS is up 9.83% versus a loss of 9.37% for TSLZ.
Over three years, FTLS compounded at +14.42% per year against -75.00% for TSLZ.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
TSLZ has been the more volatile fund, with annualized monthly volatility of 103.5% compared with 7.0% for FTLS. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The two funds' monthly returns correlate at -0.16. They move largely independently of each other.
Fees and Cost Over Time
FTLS charges 1.38% per year while TSLZ charges 1.05%. On a $10,000 position that is $138 vs $105 annually, a gap of $33 per year that compounds over a long holding period. On income, FTLS currently yields 0.87% against 0.66% for TSLZ.
You are not choosing between two funds in isolation.
Whichever of FTLS and TSLZ 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 TSLZ?
FTLS has an expense ratio of 1.38% while TSLZ charges 1.05%. TSLZ is the cheaper option, by $33 a year on a $10,000 investment.
Which performed better, FTLS or TSLZ?
Over the past year FTLS returned +13.43% vs -23.17% for TSLZ, so FTLS leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, FTLS or TSLZ?
TSLZ has been the more volatile fund at 103.5% annualized versus 7.0% for FTLS.
Should I hold both FTLS and TSLZ?
FTLS and TSLZ have a monthly-return correlation of -0.16, 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 TSLZ?
FTLS yields 0.87% while TSLZ yields 0.66%, so FTLS currently pays the higher dividend yield.
Is TSLZ better than FTLS?
TSLZ 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.