FTLS
·NYSE
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Key Stats
Assets Under Management
2.16BUSD
Fund Flows (1Y)
278.12MUSD
Dividend Yield
1.07%
Discount/Premium to NAV
0.20%
Shares Outstanding
30.40M
Expense Ratio
1.38%
About First Trust Long/Short Equity ETF
Issuer
First Trust Advisors L.P.
Brand
First Trust
Inception Date
Sep 8, 2014
Structure
Open-Ended Fund
Index Tracked
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Management Style
Active
Dividend Treatment
Distributes
Distribution Tax Treatment
Ordinary income
Income Tax Type
Capital Gains
Max ST Capital Gains Rate
39.60%
Max LT Capital Gains Rate
20.00%
Primary Advisor
First Trust Advisors LP
Distributor
First Trust Portfolios LP
FTLS is actively-managed to invest in 90-100% long equity positions, partially offset by 0-50% short positions. It may also include investments in ETFs. The fund will avoid leverage from short sale proceeds and can take defensive cash positions. The fund's active managers — an internal team from First Trust, have broad discretion in long/short allocation and stock selection. The selection process will include fundamental, market-related, technical and statistical attributes to screen eligible securities. The fund's active managers will use an earnings quality model ranking with long high quality, short low quality, as a primary signal but will also aim to balance factor exposure and market risk for the overall portfolio.
Classification
Asset Class
Alternatives
Category
Hedge Fund Strategies
Focus
Long/Short
Niche
Long/Short
Strategy
Active
Geography
U.S.
Weighting Scheme
Proprietary
Selection Criteria
Proprietary
Returns
1-Month | 3-Month | YTD | 1-Year | 3-Year | 5-Year | |
|---|---|---|---|---|---|---|
Price Performance | -0.49% | +2.07% | -0.24% | +6.21% | +44.97% | +60.65% |
NAV Total Return | +0.22% | +2.03% | 0.00% | +7.25% | +51.12% | +68.26% |
Ratings
No data is currently available
Ainvest’s AI-powered ETF Scoring Algorithm, built to help retail investors make smarter, data-driven decisions. Leveraging deep learning, reinforcement learning, and large language models, the algorithm scores ETFs across five key dimensions: Fund Flow, Momentum, Safety, Fundamentals, and Performance. Each factor is weighted by its correlation to future returns, resulting in a single, actionable score. Backtested over five years with consistently strong predictive accuracy. Ainvest brings institutional-grade artificial intelligence to everyday investors—transforming complexity into clarity with every score.
Holdings Analysis
Sector
Technology
28.16%
Consumer Cyclical
20.71%
Healthcare
11.28%
Financial Services
10.90%
Communication Services
8.61%
Industrials
6.13%
Consumer Defensive
5.47%
Energy
4.60%
Real Estate
2.45%
Technology
28.16%
Consumer Cyclical
20.71%
Healthcare
11.28%
Financial Services
10.90%
Communication Services
8.61%
Industrials
6.13%
Consumer Defensive
5.47%
Energy
4.60%
Real Estate
2.45%
Show more
Asset
Region
96.39%
2.7%
0.71%
0.18%
0.02%
Category
Ratio
North America
96.39%
Asia
2.70%
Europe
0.71%
Africa/Middle East
0.18%
Latin America
0.02%
Investment Style
No data is currently available
Top 10 Holdings
Symbol
Ratio
US Dollar
27.96%
AAPL
Apple
6.42%
MSFT
Microsoft
5.93%
NVDA
Nvidia
4.52%
GOOGL
Alphabet A
4.34%
AMZN
Amazon.com
3.60%
META
Meta
2.52%
AVGO
Broadcom
2.31%
TSLA
Tesla
2.01%
LLY
Eli Lilly
1.65%
Top 10 Weight 61.26%
403 Total Holdings
Dividends
Dividend Payout History
Declaration Date | Record Date | Payment Date | Amount |
|---|---|---|---|
| 2025-12-12 | 2025-12-12 | 2025-12-31 | 0.213 |
| 2025-09-25 | 2025-09-25 | 2025-09-30 | 0.175 |
| 2025-06-26 | 2025-06-26 | 2025-06-30 | 0.220 |
| 2025-03-27 | 2025-03-27 | 2025-03-31 | 0.151 |
| 2024-12-13 | 2024-12-13 | 2024-12-31 | 0.288 |
| 2024-09-26 | 2024-09-26 | 2024-09-30 | 0.265 |
| 2024-06-27 | 2024-06-27 | 2024-06-28 | 0.309 |
Show more
Premium/Discount Chart
Premium/Discount to NAV
Price
1M
Assets Under Management
Assets Under Management
1M
Fund Flows
Inflows
Outflows
1M
