First Trust Long/Short Equity ETF (FTLS)
| Assets | $1.98B |
| Expense Ratio | 1.46% |
| PE Ratio | 24.87 |
| Shares Out | 29.00M |
| Dividend (ttm) | $0.99 |
| Dividend Yield | 1.46% |
| Ex-Dividend Date | Dec 13, 2024 |
| Payout Ratio | 36.53% |
| 1-Year Return | +14.46% |
| Volume | 12,938 |
| Open | 67.80 |
| Previous Close | 67.67 |
| Day's Range | 67.28 - 67.77 |
| 52-Week Low | 58.92 |
| 52-Week High | 69.94 |
| Beta | 0.51 |
| Holdings | 358 |
| 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
60.36% of assets| Name | Symbol | Weight |
|---|---|---|
| Cash | n/a | 25.86% |
| Apple Inc. | AAPL | 6.40% |
| NVIDIA Corporation | NVDA | 5.86% |
| Microsoft Corporation | MSFT | 5.30% |
| Amazon.com, Inc. | AMZN | 3.75% |
| Dreyfus Govt Cm Inst 289 | n/a | 3.51% |
| Meta Platforms, Inc. | META | 2.72% |
| Citigroup Inc. | C | 2.46% |
| QUALCOMM Incorporated | QCOM | 2.26% |
| Cisco Systems, Inc. | CSCO | 2.24% |
Dividends
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 13, 2024 | $0.2876 | Dec 31, 2024 |
| Sep 26, 2024 | $0.2648 | Sep 30, 2024 |
| Jun 27, 2024 | $0.3086 | Jun 28, 2024 |
| Mar 21, 2024 | $0.1284 | Mar 28, 2024 |
| Dec 22, 2023 | $0.2981 | Dec 29, 2023 |
| Sep 22, 2023 | $0.2057 | Sep 29, 2023 |
News
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 ...
Undercovered ETFs: Nuclear, Uranium, China, India +
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...
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...
