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FTLSvsRWLCETF Comparison
Rayliant Quantitative Developed Market Equity ETF
First Trust Long/Short Equity ETF (FTLS) belongs to the Alternatives segment. Rayliant Quantitative Developed Market Equity ETF (RWLC) is part of the Uncategorized Equities segment. FTLS's top 3 sector exposures are Information Technology, Consumer Discretionary and Communication Services. In contrast, RWLC's top sector exposures are Information Technology, Communication Services and Consumer Discretionary. FTLS is more expensive with a Total Expense Ratio (TER) of 1.38%, versus 0.32% for RWLC. FTLS is down -0.57% year-to-date (YTD) with +$18M in YTD flows. RWLC performs better with -0.15% YTD performance, and -$7M in YTD flows. Run a side-by-side ETF comparison of FTLS and RWLC below, and assess how they stack up in performance, liquidity, risk, exposure, holdings, and more, helping you select the best ETF for your investments.
FTLS vs RWLC performance and flow charts
Performance
Cumulative Flows
| 1M | 3M | YTD | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|---|---|
| Perf. | FTLS RWLC | -0.94%-1.63% | -0.53%+0.17% | -0.57%-0.15% | +11.35%+17.56% | +51.19%+75.21% | +64.85%n/a |
| Flows | FTLS RWLC | +$7M-$8M | +$42M-$7M | +$18M-$7M | +$81M-$3M | +$1.14B+$8M | +$1.40B- |
| 3M | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|
| Volatility | FTLS RWLC | +7.55%+12.21% | +9.83%+15.18% | +8.70%+12.96% | +9.72%n/a |
| Max drawdown | FTLS RWLC | -2.60%-3.73% | -6.78%-12.97% | -11.43%-15.40% | -11.43%n/a |
| Max drawdown duration | FTLS RWLC | 36d39d | 46d37d | 214d85d | 214dn/a |
FTLS | RWLC | |
Last sale 3/11/2026 at 1:30 PM | $70.55 | $32.95 |
| Previous close 03/10/2026 | $70.58 | $32.99 |
| Consolidated volume 03/10/2026 | ||
| Average volume 30 days | ||
| Average discount or premium 30 days | ||
| Average Bid/Ask spread 30 days |
FTLS | RWLC | |
|---|---|---|
| Last price | $70.55 | $32.95 |
| 1D performance | -0.04% | -0.12% |
| AuM | $2.16 B | $85.23 M |
| E/R | 1.38% | 0.32% |
FTLS | RWLC | |
|---|---|---|
| Management strategy | Active | Active |
| Provider | First Trust | Rayliant Asset Management |
| Benchmark | - | - |
| N° of holdings | 358 | 88 |
| Asset class | - | - |
| Trailing 12m distribution yield | Join | Join |
| Inception date | September 8, 2014 | December 15, 2021 |
| ESG | No | No |
Countries
Sectors
Diversification
Total weight of top 15 holdings out of 15
Total weight of top 15 holdings out of 15
Top 15 holdings
How have the FTLS and RWLC ETFs performed in 2026?
As of March 10, 2026, FTLS is down -0.57% year-to-date (YTD), while RWLC has lost -0.15%. That puts RWLC better performer ahead so far this year.
Which ETF is attracting more investor money: FTLS or RWLC?
Year-to-date, the FTLS ETF saw +$18M in flows, compared to -$7M for RWLC.
Which ETF is more volatile: FTLS or RWLC?
Over the past year, FTLS had a volatility of 9.83%, while RWLC experienced 15.18%.
Which ETF is bigger: FTLS or RWLC?
As of March 10, 2026, FTLS holds $2.16 B in assets under management (AUM), while RWLC manages $85.23 M.
What sectors do the FTLS and RWLC ETFs invest in?
FTLS leans toward sectors like Information Technology, Consumer Discretionary and Communication Services. Meanwhile, RWLC focuses on Information Technology, Communication Services and Consumer Discretionary.
What are the top holdings of the FTLS ETF and RWLC ETF?
FTLS top holdings include APPLE, MICROSOFT-T and ALPHABET INC-CL. RWLC holds in its top three: APPLE, NVIDIA and MICROSOFT-T.
Which ETF is more diversified: FTLS or RWLC?
FTLS holds 378 securities with 39.52% of its assets in the top 15. RWLC has 93 securities and a top 15 weight of 48.95%.
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