First Trust Long/Short Equity ETF (FTLS)
| Assets | $1.68B |
| Expense Ratio | 1.46% |
| PE Ratio | 24.60 |
| Shares Out | 25.65M |
| Dividend (ttm) | $0.99 |
| Dividend Yield | 1.50% |
| Ex-Dividend Date | Dec 13, 2024 |
| Payout Ratio | 37.18% |
| 1-Year Return | +16.05% |
| Volume | 209,690 |
| Open | 65.52 |
| Previous Close | 65.87 |
| Day's Range | 65.52 - 66.63 |
| 52-Week Low | 55.82 |
| 52-Week High | 67.69 |
| Beta | 0.51 |
| Holdings | 362 |
| Inception Date | Sep 9, 2014 |
About FTLS
Fund Home PageThe 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.
Top 10 Holdings
61.38% of assets| Name | Symbol | Weight |
|---|---|---|
| Cash | n/a | 27.00% |
| Apple Inc. | AAPL | 6.69% |
| Microsoft Corporation | MSFT | 5.83% |
| NVIDIA Corporation | NVDA | 5.58% |
| Dreyfus Govt Cm Inst 289 | n/a | 3.87% |
| Amazon.com, Inc. | AMZN | 3.76% |
| Meta Platforms, Inc. | META | 2.33% |
| Arista Networks Inc | ANET | 2.13% |
| Tesla, Inc. | TSLA | 2.11% |
| Alphabet Inc. | GOOGL | 2.08% |
Dividends
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 13, 2024 | $0.288 | n/a |
| Sep 26, 2024 | $0.265 | Sep 30, 2024 |
| Jun 27, 2024 | $0.309 | Jun 28, 2024 |
| Mar 21, 2024 | $0.128 | Mar 28, 2024 |
| Dec 22, 2023 | $0.298 | Dec 29, 2023 |
| Sep 22, 2023 | $0.206 | Sep 29, 2023 |
News
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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...
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...
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...
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 ...
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...
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...
