LBAYvsFTLSETF Comparison
Leatherback Long/Short Alternative Yield ETF (LBAY) and First Trust Long/Short Equity ETF (FTLS) belong to the same industry segment: Alternatives. LBAY is less expensive with a Total Expense Ratio (TER) of 1.2%, versus 1.38% for FTLS. LBAY is up 14.97% year-to-date (YTD) with -$7M in YTD flows. FTLS performs worse with 9.5% YTD performance, and +$289M in YTD flows. Run a side-by-side ETF comparison of LBAY 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.
LBAY vs FTLS performance and flow charts
Performance
Cumulative Flows
| 1M | 3M | YTD | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|---|---|
| Perf. | LBAY FTLS | +2.03%+1.75% | +5.38%+3.63% | +14.97%+9.50% | +14.59%+13.00% | +20.15%+49.71% | +36.89%+65.37% |
| Flows | LBAY FTLS | -$667K+$77M | -$1M+$107M | -$7M+$289M | -$8M+$398M | -$47M+$1.32B | +$18M+$1.61B |
| 3M | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|
| Volatility | LBAY FTLS | +17.23%+5.74% | +17.87%+7.14% | +14.45%+8.66% | +14.10%+9.37% |
| Max drawdown | LBAY FTLS | -12.62%-1.19% | -13.57%-3.80% | -14.73%-11.43% | -16.53%-11.43% |
| Max drawdown duration | LBAY FTLS | 53d15d | 179d65d | 470d214d | 1122d214d |
LBAY | FTLS | |
Last sale 10/16/2026 at 1:30 PM | $27.06 | $76.86 |
| Previous close 10/15/2026 | $26.47 | $77.23 |
| Consolidated volume 10/15/2026 | ||
| Average volume 30 days | ||
| Average discount or premium 30 days | ||
| Average Bid/Ask spread 30 days |
LBAY | FTLS | |
|---|---|---|
| Last price | $27.06 | $76.86 |
| 1D performance | +2.21% | -0.48% |
| AuM | $17.60 M | $2.65 B |
| E/R | 1.2% | 1.38% |
LBAY | FTLS | |
|---|---|---|
| Management strategy | Active | Active |
| Provider | Leatherback Asset Management | First Trust |
| Benchmark | - | - |
| N° of holdings | - | - |
| Asset class | - | - |
| Trailing 12m distribution yield | Join | Join |
| Inception date | November 16, 2020 | September 8, 2014 |
| ESG | No | No |
