First Trust Long/Short Equity ETF (FTLS)

NYSEARCA: FTLS · Real-Time Price · USD
69.73
-0.33 (-0.47%)
Oct 7, 2025, 4:00 PM EDT - Market closed
-0.47%
Assets$2.01B
Expense Ratio1.38%
PE Ratio22.18
Shares Out28.75M
Dividend (ttm)$0.83
Dividend Yield1.20%
Ex-Dividend DateSep 25, 2025
Payout FrequencyQuarterly
Payout Ratio26.52%
Volume95,347
Open70.07
Previous Close70.06
Day's Range69.50 - 70.08
52-Week Low58.90
52-Week High70.49
Beta0.48
Holdings346
Inception DateSep 9, 2014

About FTLS

Fund Home Page

The First Trust Long/Short Equity ETF (FTLS) is an exchange-traded fund that mostly invests in long/short alternatives. The fund takes both long and short position in US-listed equity with US and foreign exposure. The actively managed funds will typically be 90-100% long and 0-50% short. FTLS was launched on Sep 9, 2014 and is issued by First Trust.

Asset Class Alternatives
Category Long-Short Equity
Region North America
Stock Exchange NYSEARCA
Ticker Symbol FTLS
ETF Provider First Trust

Top 10 Holdings

62.15% of assets
NameSymbolWeight
Cashn/a29.85%
NVIDIA CorporationNVDA7.00%
Apple Inc.AAPL6.97%
Microsoft CorporationMSFT3.66%
Meta Platforms, Inc.META2.77%
Caterpillar Inc.CAT2.48%
Citigroup Inc.C2.37%
Lam Research CorporationLRCX2.35%
Mastercard IncorporatedMA2.35%
Adobe Inc.ADBE2.35%
View More Holdings

Dividends

Ex-DividendAmountPay Date
Sep 25, 2025$0.1752Sep 30, 2025
Jun 26, 2025$0.2199Jun 30, 2025
Mar 27, 2025$0.1512Mar 31, 2025
Dec 13, 2024$0.2876Dec 31, 2024
Sep 26, 2024$0.2648Sep 30, 2024
Jun 27, 2024$0.3086Jun 28, 2024
Full Dividend History

Performance

FTLS had a total return of 10.93% in the past year, including dividends. Since the fund's inception, the average annual return has been 8.90%.

News

FTLS: Reaffirming My Buy Recommendation

First Trust Long/Short Equity ETF remains a Buy for conservative and balanced investors seeking downside protection amid frothy market valuations. FTLS offers competitive returns with significantly lo...

8 days ago - Seeking Alpha

FTLS: Active Long-Short ETF With Good Downside Protection

First Trust Long/Short Equity ETF (FTLS) is an active equity ETF whose long and short exposures may vary with market conditions. FTLS currently has a 66% net long exposure with a focus on consumer dis...

4 months ago - Seeking Alpha

FTLS: This Long-Short ETF Is Still A Buy

FTLS is a long/short ETF with a strong performance history, offering low volatility and shallow drawdowns, making it a robust alternative to SPY. The fund's active management and sectoral positioning ...

8 months ago - Seeking Alpha

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The 'Undercovered' Dozen series highlights lesser-covered ETFs, offering insights from various authors on potential investment opportunities and market trends. Global X Uranium ETF is seen as well-pla...

11 months ago - Seeking Alpha

FTLS Is The Best ETF For Hedging

I am exploring ETFs for a balanced portfolio and found First Trust Long/Short Equity (FTLS) as a promising hedging strategy. Hedging can limit returns but improves risk profiles, making it suitable fo...

11 months ago - Seeking Alpha

FTLS: An Alternative Strategy That's Worked

First Trust Long/Short Equity ETF offers a long/short strategy to lower long exposure and playoff long/short spreads. The FTLS ETF blends quantitative and fundamental analysis to determine net exposur...

1 year ago - Seeking Alpha

FTLS: Reiterate Buy Recommendation On Excellent Results

First Trust Long/Short Equity ETF uses earnings quality to pick stocks to go long and short. FTLS has delivered hedge fund-like performance at mutual fund-like fees. In a market defined by higher inte...

1 year ago - Seeking Alpha

FTLS: Long-Short ETF With Good Fundamentals And Low Volatility

First Trust Long/Short Equity ETF is an actively managed fund with a long-short stock strategy based on proprietary quantitative models. Valuation, growth, and quality metrics are superior to the S&P ...

1 year ago - Seeking Alpha

FTLS: Hedge Fund Strategies In An ETF Format

First Trust Long/Short Equity ETF is a unique investment vehicle that aims to provide long-term total returns with less volatility than the S&P 500 index. FTLS has historically outperformed during bea...

2 years ago - Seeking Alpha

FTLS: Better Returns Than Expensive Hedge Funds

First Trust Long/Short Equity ETF uses earnings quality to pick stocks to go long and short. FTLS has delivered a solid historical performance that is commensurate with its mandate of reduced volatili...

2 years ago - Seeking Alpha

7 Actively Managed ETFs to Buy for an Edge

It has taken some time, but actively managed exchange-traded funds (ETFs) are finally gaining traction with investors.

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5 years ago - Kiplinger

Prepare Now For A Fall Correction

Prepare Now For A Fall Correction

5 years ago - Seeking Alpha