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IWLvsFTLSETF Comparison
iShares Russell Top 200 ETF (IWL) belongs to the US Large Cap segment. First Trust Long/Short Equity ETF (FTLS) is part of the Alternatives segment. IWL's top 3 sector exposures are Information Technology, Communication Services and Consumer Discretionary. In contrast, FTLS's top sector exposures are Information Technology, Consumer Discretionary and Communication Services. IWL is less expensive with a Total Expense Ratio (TER) of 0.15%, versus 1.38% for FTLS. IWL is down -3.15% year-to-date (YTD) with +$27M in YTD flows. FTLS performs better with -1.56% YTD performance, and +$21M in YTD flows. Run a side-by-side ETF comparison of IWL and FTLS below, and assess how they stack up in performance, liquidity, risk, exposure, holdings, and more, helping you select the best ETF for your investments.
IWL vs FTLS performance and flow charts
Performance
Cumulative Flows
| 1M | 3M | YTD | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|---|---|
| Perf. | IWL FTLS | -2.03%-1.07% | -2.65%-1.14% | -3.15%-1.56% | +21.03%+10.81% | +87.77%+49.87% | +86.89%+61.00% |
| Flows | IWL FTLS | -$17M+$10M | +$52M+$35M | +$27M+$21M | +$138M+$84M | +$473M+$1.14B | +$428M+$1.40B |
| 3M | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|
| Volatility | IWL FTLS | +12.32%+7.71% | +18.71%+9.86% | +15.27%+8.71% | +17.22%+9.71% |
| Max drawdown | IWL FTLS | -4.69%-3.09% | -13.89%-6.78% | -19.22%-11.43% | -25.69%-11.43% |
| Max drawdown duration | IWL FTLS | 59d38d | 45d46d | 126d214d | 707d214d |
IWL | FTLS | |
Last sale 3/13/2026 at 1:30 PM | $164.03 | $69.54 |
| Previous close 03/12/2026 | $165.19 | $70.06 |
| Consolidated volume 03/12/2026 | ||
| Average volume 30 days | ||
| Average discount or premium 30 days | ||
| Average Bid/Ask spread 30 days |
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IWL | FTLS | |
|---|---|---|
| Tracking error | ||
| Tracking difference | ||
| 1 year cumulative return difference | ||
| Best | ||
| Worst | ||
| Daily return difference | ||
| Average | ||
| Worst | ||
IWL | FTLS | |
|---|---|---|
| Last price | $164.03 | $69.54 |
| 1D performance | -0.70% | -0.74% |
| AuM | $1.99 B | $2.14 B |
| E/R | 0.15% | 1.38% |
IWL | FTLS | |
|---|---|---|
| Management strategy | Passive | Active |
| Provider | iShares | First Trust |
| Benchmark | Russell Top 200 Index | - |
| N° of holdings | 191 | 358 |
| Asset class | Equities | - |
| Trailing 12m distribution yield | Join | Join |
| Inception date | September 22, 2009 | September 8, 2014 |
| 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 IWL and FTLS ETFs performed in 2026?
As of March 12, 2026, IWL is down -3.15% year-to-date (YTD), while FTLS has lost -1.56%. That puts FTLS better performer ahead so far this year.
Which ETF is attracting more investor money: IWL or FTLS?
Year-to-date, the IWL ETF saw +$27M in flows, compared to +$21M for FTLS.
Which ETF is more volatile: IWL or FTLS?
Over the past year, IWL had a volatility of 18.71%, while FTLS experienced 9.86%.
Which ETF is bigger: IWL or FTLS?
As of March 12, 2026, IWL holds $1.99 B in assets under management (AUM), while FTLS manages $2.14 B.
What sectors do the IWL and FTLS ETFs invest in?
IWL leans toward sectors like Information Technology, Communication Services and Consumer Discretionary. Meanwhile, FTLS focuses on Information Technology, Consumer Discretionary and Communication Services.
What are the top holdings of the IWL ETF and FTLS ETF?
IWL top holdings include NVIDIA, APPLE and MICROSOFT-T. FTLS holds in its top three: APPLE, MICROSOFT-T and ALPHABET INC-CL.
Which ETF is more diversified: IWL or FTLS?
IWL holds 201 securities with 50.83% of its assets in the top 15. FTLS has 378 securities and a top 15 weight of 39.52%.
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