FTLS vs PFXF

Comparison between FIRST TRUST LONG/SHORT EQUITY ETF (FTLS, ETF) and VANECK PREFERRED SECURITIES EX FINANCIALS ETF (PFXF, ETF).

5-Year PerformanceFTLS has outperformed PFXF, delivering a return of +10.3% compared to +4.6%

FTLS vs PFXF - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	FTLS(ETF)	PFXF(ETF)
Net Assets	$2.20B	$2.20B
Expense Ratio	1.38%	0.40%
Max Drawdown	20.54%	37.25%
Sharpe Ratio	1.50	1.84
5Y Beta	0.52	0.39
5Y Dividends CAGR	34.00%	5.74%

Net Assets

FTLS

$2.20B

PFXF

$2.20B

Expense Ratio

FTLS

1.38%

Winner

PFXF

0.40%

Max Drawdown

Winner

FTLS

20.54%

PFXF

37.25%

Sharpe Ratio

FTLS

1.50

Winner

PFXF

1.84

5Y Beta

FTLS

0.52

Winner

PFXF

0.39

5Y Dividends CAGR

Winner

FTLS

34.00%

PFXF

5.74%

FTLS vs PFXF - Historical Returns

Returns include dividend reinvestment.

Period	FTLS	PFXF
1 month	+3.60%	+6.19%
3 months	+3.81%	+4.53%
6 months	+5.12%	+11.36%
1 year	+17.21%	+21.31%
5 years(CAGR)	+10.26%	+4.62%
10 years(CAGR)	+9.85%	+5.58%
Max(CAGR)	+9.04%	+5.78%

FTLS

+3.60%

Winner

PFXF

+6.19%

FTLS

+3.81%

Winner

PFXF

+4.53%

FTLS

+5.12%

Winner

PFXF

+11.36%

FTLS

+17.21%

Winner

PFXF

+21.31%

5Y(CAGR)

Winner

FTLS

+10.26%

PFXF

+4.62%

10Y(CAGR)

Winner

FTLS

+9.85%

PFXF

+5.58%

Max(CAGR)

Winner

FTLS

+9.04%

PFXF

+5.78%

FTLS vs PFXF - Annual Returns (2012 - 2026)

Returns include dividend reinvestment.

Year	FTLS	PFXF
2026	+4.67%	+7.21%
2025	+9.09%	+8.88%
2024	+19.09%	+8.29%
2023	+18.24%	+10.52%
2022	-5.23%	-18.62%
2021	+20.30%	+12.47%
2020	+2.13%	+7.34%
2019	+16.32%	+19.71%
2018	-5.41%	-3.18%
2017	+13.88%	+7.69%
2016	+7.57%	+5.79%
2015	+5.38%	-2.03%
2014	+5.71%	+15.44%
2013	N/A	-2.29%
2012	N/A	+4.44%

FTLS vs PFXF Drawdown Comparison

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

The maximum drawdown for PFXF was -35.50%, occurring on Mar 18, 2020. Recovery took 193 trading sessions.

Rank	FTLS	PFXF
#1	-20.54% Feb 19, 2020 - Aug 31, 2020	-35.50% Feb 5, 2020 - Nov 9, 2020
#2	-13.38% Jan 26, 2018 - Sep 17, 2019	-21.80% Dec 31, 2021 - Sep 17, 2024
#3	-11.69% Jan 23, 2025 - Aug 27, 2025	-11.89% Oct 16, 2024 - Jul 3, 2025
#4	-10.35% Dec 29, 2021 - Jun 2, 2023	-10.73% Aug 29, 2018 - Feb 22, 2019
#5	-9.26% Dec 1, 2015 - Jul 26, 2016	-9.71% May 21, 2013 - Feb 28, 2014
#6	-8.16% May 27, 2015 - Nov 24, 2015	-8.39% Jul 29, 2016 - May 2, 2017
#7	-7.45% Sep 2, 2020 - Jan 7, 2021	-8.08% May 18, 2015 - Mar 17, 2016
#8	-4.76% Feb 11, 2021 - Apr 15, 2021	-5.83% Feb 25, 2026 - Apr 16, 2026
#9	-4.44% Jul 10, 2024 - Aug 27, 2024	-5.05% Dec 11, 2017 - Jun 11, 2018
#10	-4.22% Mar 28, 2024 - Jun 6, 2024	-4.93% Oct 27, 2025 - Dec 18, 2025
#11	-3.95% Sep 11, 2023 - Nov 10, 2023	-3.70% Oct 18, 2012 - Dec 31, 2012
#12	-3.91% Sep 18, 2014 - Oct 28, 2014	-3.04% Jan 20, 2021 - Mar 12, 2021
#13	-3.86% Aug 18, 2016 - Nov 9, 2016	-3.03% Nov 5, 2021 - Dec 17, 2021
#14	-3.79% Feb 2, 2026 - Apr 9, 2026	-2.72% Jul 28, 2014 - Aug 20, 2014
#15	-3.46% Nov 11, 2025 - Dec 24, 2025	-2.70% Sep 2, 2021 - Oct 20, 2021

Correlation

Correlation between FTLS and PFXF is 0.94 which considered as a very strong positive correlation - the stocks move almost identically together.

0.94

-101

Dividend Comparison (2012 - 2026)

FTLS vs PFXF dividend yield comparison.

Year	FTLS	PFXF
2026	0.09%	1.73%
2025	1.07%	6.72%
2024	1.50%	7.82%
2023	1.49%	7.88%
2022	0.81%	6.74%
2021	0.01%	4.66%
2020	0.44%	5.19%
2019	0.83%	5.35%
2018	0.87%	6.56%
2017	0.43%	5.93%
2016	1.04%	5.81%
2015	0.49%	5.99%
2014	0.51%	5.91%
2013	0.00%	6.51%
2012	0.00%	2.56%