FTLS vs HDEF

Comparison between FIRST TRUST LONG/SHORT EQUITY ETF (FTLS, ETF) and XTRACKERS MSCI EAFE HIGH DIVIDEND YIELD EQUITY ETF (HDEF, ETF).

5-Year PerformanceHDEF has outperformed FTLS, delivering a return of +10.5% compared to +10.1%

FTLS vs HDEF - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	FTLS(ETF)	HDEF(ETF)
Net Assets	$2.30B	$2.30B
Expense Ratio	1.38%	0.09%
Max Drawdown	20.54%	38.17%
Sharpe Ratio	1.33	1.09
5Y Beta	0.51	0.42
5Y Dividends CAGR	34.00%	12.60%

Net Assets

FTLS

$2.30B

HDEF

$2.30B

Expense Ratio

FTLS

1.38%

Winner

HDEF

0.09%

Max Drawdown

Winner

FTLS

20.54%

HDEF

38.17%

Sharpe Ratio

Winner

FTLS

1.33

HDEF

1.09

5Y Beta

FTLS

0.51

Winner

HDEF

0.42

5Y Dividends CAGR

Winner

FTLS

34.00%

HDEF

12.60%

FTLS vs HDEF - Historical Returns

Returns include dividend reinvestment.

Period	FTLS	HDEF
1 month	-0.52%	-2.21%
3 months	+6.79%	+2.38%
6 months	+4.14%	+4.62%
1 year	+15.03%	+16.00%
5 years(CAGR)	+10.08%	+10.47%
10 years(CAGR)	+9.63%	+8.70%
Max(CAGR)	+8.94%	+7.50%

Winner

FTLS

-0.52%

HDEF

-2.21%

Winner

FTLS

+6.79%

HDEF

+2.38%

FTLS

+4.14%

Winner

HDEF

+4.62%

FTLS

+15.03%

Winner

HDEF

+16.00%

5Y(CAGR)

FTLS

+10.08%

Winner

HDEF

+10.47%

10Y(CAGR)

Winner

FTLS

+9.63%

HDEF

+8.70%

Max(CAGR)

Winner

FTLS

+8.94%

HDEF

+7.50%

FTLS vs HDEF - Annual Returns (2014 - 2026)

Returns include dividend reinvestment.

Year	FTLS	HDEF
2026	+4.67%	+4.32%
2025	+9.09%	+33.36%
2024	+19.09%	+3.36%
2023	+18.24%	+17.51%
2022	-5.23%	-3.03%
2021	+20.30%	+6.01%
2020	+2.13%	-2.76%
2019	+16.32%	+25.44%
2018	-5.41%	-13.77%
2017	+13.88%	+9.90%
2016	+7.57%	+13.43%
2015	+5.38%	-4.66%
2014	+5.71%	N/A

FTLS vs HDEF Drawdown Comparison

The maximum drawdown for FTLS was -20.54%, occurring on Mar 23, 2020. Recovery took 135 trading sessions.

The maximum drawdown for HDEF was -36.42%, occurring on Mar 23, 2020. Recovery took 255 trading sessions.

The current FTLS drawdown is -0.82%. The current HDEF drawdown is -4.78%.

Rank	FTLS	HDEF
#1	-20.54% Feb 19, 2020 - Aug 31, 2020	-36.42% Jan 2, 2020 - Jan 6, 2021
#2	-13.38% Jan 26, 2018 - Sep 17, 2019	-23.69% Feb 9, 2022 - Apr 6, 2023
#3	-11.69% Jan 23, 2025 - Aug 27, 2025	-17.55% Jan 22, 2018 - Oct 24, 2019
#4	-10.35% Dec 29, 2021 - Jun 2, 2023	-14.95% Aug 18, 2015 - Aug 10, 2016
#5	-9.26% Dec 1, 2015 - Jul 26, 2016	-11.15% Sep 26, 2024 - Mar 5, 2025
#6	-8.16% May 27, 2015 - Nov 24, 2015	-10.60% Mar 18, 2025 - Apr 22, 2025
#7	-7.45% Sep 2, 2020 - Jan 7, 2021	-9.31% Jun 15, 2021 - Jan 12, 2022
#8	-4.76% Feb 11, 2021 - Apr 15, 2021	-8.79% Jul 26, 2023 - Dec 13, 2023
#9	-4.44% Jul 10, 2024 - Aug 27, 2024	-8.02% Feb 27, 2026 - Mar 20, 2026
#10	-4.22% Mar 28, 2024 - Jun 6, 2024	-6.39% May 8, 2023 - Jun 15, 2023
#11	-3.95% Sep 11, 2023 - Nov 10, 2023	-5.63% Dec 9, 2016 - Jan 10, 2017
#12	-3.91% Sep 18, 2014 - Oct 28, 2014	-5.46% Dec 27, 2023 - Mar 20, 2024
#13	-3.86% Aug 18, 2016 - Nov 9, 2016	-4.72% Jan 8, 2021 - Mar 16, 2021
#14	-3.79% Feb 2, 2026 - Apr 9, 2026	-4.35% Nov 2, 2017 - Jan 9, 2018
#15	-3.46% Nov 11, 2025 - Dec 24, 2025	-4.24% May 17, 2024 - Jul 12, 2024

Correlation

Correlation between FTLS and HDEF is 0.95 which considered as a very strong positive correlation - the stocks move almost identically together.

0.95

-101

Dividend Comparison (2014 - 2026)

FTLS vs HDEF dividend yield comparison.

Year	FTLS	HDEF
2026	0.09%	2.72%
2025	1.07%	3.88%
2024	1.50%	4.53%
2023	1.49%	4.38%
2022	0.81%	5.41%
2021	0.01%	4.76%
2020	0.44%	3.93%
2019	0.83%	4.20%
2018	0.87%	3.55%
2017	0.43%	3.38%
2016	1.04%	9.52%
2015	0.49%	1.87%
2014	0.51%	0.00%