FTLS vs GDEC
First Trust Long/Short Equity ETF vs FT Vest US Equity Moderate Buffer ETF - December
Which is better, FTLS or GDEC?
FTLS has been ahead.
GDEC has a lower expense ratio. FTLS led over 1Y 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 | GDEC |
|---|---|---|
| Expense Ratio | 1.38% | 0.85%Best |
| AUM | $2.6B | $383M |
| Dividend Yield | 0.86% | 0.00% |
| Holdings | 363 | 10 |
| YTD Return | +10.64%Best | +8.79% |
| 1Y Return | +14.42%Best | +12.26% |
| 3Y Return (annualized) | +14.72% | - |
| 5Y Return (annualized) | +11.09% | - |
| Volatility (annualized) | 6.9% | 5.2%Best |
| Max Drawdown | -11.7% | -10.6%Best |
| $10,000 over 2.8 years | $14,224Best | $13,632 |
| Fund Family | First Trust Portfolios (US) | First Trust Portfolios (US) |
| Category | Alternative | Alternative |
| Style | Multi Alternative | Multi Alternative |
| Inception | Sep 8, 2014 | Dec 15, 2023 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 2.8 years row, are measured over the window both funds cover: Dec 18, 2023 to Oct 13, 2026 (2.8 years).
FTLS vs GDEC 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 2.8 years both funds cover.
FTLS vs GDEC Performance
First Trust Long/Short Equity ETF (FTLS) is an ETF from First Trust Portfolios (US) and FT Vest US Equity Moderate Buffer ETF - December (GDEC) is an ETF from First Trust Portfolios (US). Over the past year FTLS returned +14.42% while GDEC returned +12.26%. Year to date, FTLS is up 10.64% versus a gain of 8.79% for GDEC.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
FTLS has been the more volatile fund, with annualized monthly volatility of 6.9% compared with 5.2% for GDEC. 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 -10.6% for GDEC. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.80. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
FTLS charges 1.38% per year while GDEC 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 0.86% against 0.00% for GDEC.
You are not choosing between two funds in isolation.
Whichever of FTLS and GDEC 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 GDEC?
FTLS has an expense ratio of 1.38% while GDEC charges 0.85%. GDEC is the cheaper option, by $53 a year on a $10,000 investment.
Which performed better, FTLS or GDEC?
Over the past year FTLS returned +14.42% vs +12.26% for GDEC, 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 GDEC?
FTLS has been the more volatile fund at 6.9% annualized versus 5.2% for GDEC. Worst drawdown: FTLS -11.7% vs GDEC -10.6%.
Should I hold both FTLS and GDEC?
FTLS and GDEC have a monthly-return correlation of 0.80, 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 GDEC?
FTLS yields 0.86% while GDEC yields 0.00%, so FTLS currently pays the higher dividend yield.
Is GDEC better than FTLS?
GDEC has a lower expense ratio. FTLS led over 1Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.