FTLS vs RVT

Comparison between FIRST TRUST LONG/SHORT EQUITY ETF (FTLS, ETF) and Royce Value Trust Inc (RVT, ETF).

5-Year PerformanceFTLS has outperformed RVT, delivering a return of +10.3% compared to +8.6%

FTLS vs RVT - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	FTLS(ETF)	RVT(ETF)
Net Assets	$2.20B	$2.20B
Expense Ratio	1.38%	N/A
Max Drawdown	20.54%	79.08%
Sharpe Ratio	1.50	1.90
5Y Beta	0.52	1.00
5Y Dividends CAGR	34.00%	11.02%

Net Assets

FTLS

$2.20B

RVT

$2.20B

Expense Ratio

FTLS

1.38%

RVT

N/A

Max Drawdown

Winner

FTLS

20.54%

RVT

79.08%

Sharpe Ratio

FTLS

1.50

Winner

RVT

1.90

5Y Beta

Winner

FTLS

0.52

RVT

1.00

5Y Dividends CAGR

Winner

FTLS

34.00%

RVT

11.02%

FTLS vs RVT - Historical Returns

Returns include dividend reinvestment.

Period	FTLS	RVT
1 month	+3.60%	+6.93%
3 months	+3.81%	+4.94%
6 months	+5.12%	+24.47%
1 year	+17.21%	+42.15%
5 years(CAGR)	+10.26%	+8.63%
10 years(CAGR)	+9.85%	+13.72%
Max(CAGR)	+9.04%	+10.27%

FTLS

+3.60%

Winner

RVT

+6.93%

FTLS

+3.81%

Winner

RVT

+4.94%

FTLS

+5.12%

Winner

RVT

+24.47%

FTLS

+17.21%

Winner

RVT

+42.15%

5Y(CAGR)

Winner

FTLS

+10.26%

RVT

+8.63%

10Y(CAGR)

FTLS

+9.85%

Winner

RVT

+13.72%

Max(CAGR)

FTLS

+9.04%

Winner

RVT

+10.27%

FTLS vs RVT - Annual Returns (1999 - 2026)

Returns include dividend reinvestment.

Year	FTLS	RVT
2026	+4.67%	+17.96%
2025	+9.09%	+11.92%
2024	+19.09%	+18.41%
2023	+18.24%	+18.08%
2022	-5.23%	-26.09%
2021	+20.30%	+34.95%
2020	+2.13%	+18.13%
2019	+16.32%	+33.02%
2018	-5.41%	-20.88%
2017	+13.88%	+30.93%
2016	+7.57%	+23.90%
2015	+5.38%	-9.38%
2014	+5.71%	+3.09%
2013	N/A	+22.06%
2012	N/A	+14.47%
2011	N/A	-11.90%
2010	N/A	+32.59%
2009	N/A	+29.44%
2008	N/A	-47.25%
2007	N/A	-7.18%
2006	N/A	+17.77%
2005	N/A	+8.78%
2004	N/A	+31.02%
2003	N/A	+35.56%
2002	N/A	-6.88%
2001	N/A	+20.00%
2000	N/A	+19.43%
1999	N/A	+11.14%

FTLS vs RVT Drawdown Comparison

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

The maximum drawdown for RVT was -72.45%, occurring on Mar 9, 2009. Recovery took 1568 trading sessions.

The current RVT drawdown is -0.11%.

Rank	FTLS	RVT
#1	-20.54% Feb 19, 2020 - Aug 31, 2020	-72.45% Feb 26, 2007 - May 17, 2013
#2	-13.38% Jan 26, 2018 - Sep 17, 2019	-47.07% Feb 20, 2020 - Nov 11, 2020
#3	-11.69% Jan 23, 2025 - Aug 27, 2025	-35.17% Apr 19, 2002 - Sep 18, 2003
#4	-10.35% Dec 29, 2021 - Jun 2, 2023	-32.83% Dec 31, 2021 - Jul 31, 2024
#5	-9.26% Dec 1, 2015 - Jul 26, 2016	-31.74% Sep 20, 2018 - Jan 16, 2020
#6	-8.16% May 27, 2015 - Nov 24, 2015	-27.77% Jul 3, 2014 - Nov 14, 2016
#7	-7.45% Sep 2, 2020 - Jan 7, 2021	-23.46% Jan 23, 2025 - Aug 26, 2025
#8	-4.76% Feb 11, 2021 - Apr 15, 2021	-21.99% Jun 7, 2001 - Dec 6, 2001
#9	-4.44% Jul 10, 2024 - Aug 27, 2024	-15.36% Feb 18, 2004 - Sep 7, 2004
#10	-4.22% Mar 28, 2024 - Jun 6, 2024	-14.97% Feb 15, 2001 - May 18, 2001
#11	-3.95% Sep 11, 2023 - Nov 10, 2023	-14.23% May 5, 2006 - Oct 30, 2006
#12	-3.91% Sep 18, 2014 - Oct 28, 2014	-12.58% Dec 23, 2004 - Jul 11, 2005
#13	-3.86% Aug 18, 2016 - Nov 9, 2016	-12.18% Feb 26, 2026 - Apr 24, 2026
#14	-3.79% Feb 2, 2026 - Apr 9, 2026	-10.53% Sep 1, 2000 - Dec 28, 2000
#15	-3.46% Nov 11, 2025 - Dec 24, 2025	-10.37% Jul 31, 2024 - Oct 14, 2024

Correlation

Correlation between FTLS and RVT is 0.96 which considered as a very strong positive correlation - the stocks move almost identically together.

0.96

-101

Dividend Comparison (1999 - 2026)

FTLS vs RVT dividend yield comparison.

Year	FTLS	RVT
2026	0.09%	1.61%
2025	1.07%	8.82%
2024	1.50%	8.04%
2023	1.49%	7.35%
2022	0.81%	9.95%
2021	0.01%	8.52%
2020	0.44%	6.44%
2019	0.83%	7.45%
2018	0.87%	10.68%
2017	0.43%	7.17%
2016	1.04%	7.62%
2015	0.49%	10.54%
2014	0.51%	12.70%
2013	0.00%	5.37%
2012	0.00%	5.96%
2011	0.00%	6.36%
2010	0.00%	0.21%
2009	0.00%	2.97%
2008	0.00%	20.50%
2007	0.00%	9.96%
2006	0.00%	6.30%
2005	0.00%	8.02%
2004	0.00%	7.58%
2003	0.00%	7.52%
2002	0.00%	11.40%
2001	0.00%	9.48%
2000	0.00%	10.25%
1999	0.00%	2.53%