FTLS vs XSPI
First Trust Long/Short Equity ETF vs NEOS Boosted S&P 500 High Income ETF
Which is better, FTLS or XSPI?
XSPI costs less.
XSPI 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 | XSPI |
|---|---|---|
| Expense Ratio | 1.38% | 0.98%Best |
| AUM | $2.7B | $119M |
| Dividend Yield | 0.87% | 9.60% |
| Holdings | 363 | 1,018 |
| YTD Return | +9.83% | +11.70%Best |
| 1Y Return | +13.43% | - |
| 3Y Return (annualized) | +14.42% | - |
| 5Y Return (annualized) | +10.59% | - |
| Fund Family | First Trust Portfolios (US) | NEOS |
| Category | Alternative | Alternative |
| Style | Multi Alternative | Multi Alternative |
| Inception | Sep 8, 2014 | Feb 2, 2026 |
Not shown on this pair: Volatility (annualized), Max Drawdown, $10,000 over the window, Top 10 Weight.
FTLS vs XSPI 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 XSPI Performance
First Trust Long/Short Equity ETF (FTLS) is an ETF from First Trust Portfolios (US) and NEOS Boosted S&P 500 High Income ETF (XSPI) is an ETF from NEOS. Year to date, FTLS is up 9.83% versus a gain of 11.70% for XSPI.
Past performance does not guarantee future results.
Fees and Cost Over Time
FTLS charges 1.38% per year while XSPI charges 0.98%. On a $10,000 position that is $138 vs $98 annually, a gap of $40 per year that compounds over a long holding period. On income, FTLS currently yields 0.87% against 9.60% for XSPI.
Holdings Overlap
At least 64.7% of XSPI'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.
199 positions in common, counted across the 507 positions we hold weights for in FTLS and 491 in XSPI, against full books of 363 and 1,018.
Top Shared Holdings
| Stock | Weight in FTLS | Weight in XSPI | Difference |
|---|---|---|---|
| NVDANvidia Corp | 6.67% | 8.00% | 1.33% |
| AAPLApple, Inc | 5.55% | 7.69% | 2.14% |
| MSFTMicrosoft Corp | 4.13% | 5.88% | 1.75% |
| GOOGLAlphabet Inc | 4.15% | 3.21% | 0.94% |
| AMZNAmazon.Com Inc | 2.60% | 3.90% | 1.30% |
| AVGOBroadcom Inc | 1.08% | 2.54% | 1.46% |
| METAMeta Platforms Inc | 1.16% | 2.24% | 1.08% |
| MUMicron Technology, Inc. | 0.79% | 1.57% | 0.78% |
| STXSeagate Technolo | 2.05% | 0.24% | 1.81% |
| TSLATesla Inc | 0.67% | 1.55% | 0.88% |
64.7% of XSPI 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, FTLS or XSPI?
FTLS has an expense ratio of 1.38% while XSPI charges 0.98%. XSPI is the cheaper option, by $40 a year on a $10,000 investment.
What is the holdings overlap between FTLS and XSPI?
At least 64.7% of XSPI's money is in holdings FTLS also owns. Our book for FTLS is partial, so the real figure is this or higher. They hold 199 positions in common, counted across the 507 positions we hold weights for in FTLS and 491 in XSPI.
Which pays a higher dividend, FTLS or XSPI?
FTLS yields 0.87% while XSPI yields 9.60%, so XSPI currently pays the higher dividend yield.
Is XSPI better than FTLS?
XSPI has a lower expense ratio. Which one suits a particular account depends on what it is for. This is information, not a recommendation.