First Trust Long/Short Equity ETF
FTLS
Market cap $1.69B

66.16 USD

+0.29

0.44%

At close Dec 20, 4:00 PM EST

1 day

0.44%

5 days

-1.31%

1 month

1.21%

3 months

5.00%

6 months

5.23%

Year to date

17.89%

1 year

16.70%

5 years

54.98%

10 years

109.90%

0

Funds holding %

of 6,809 funds

–

Analysts bullish %

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

114% more first-time investments, than exits

New positions opened: 30 | Existing positions closed: 14

60% more repeat investments, than reductions

Existing positions increased: 96 | Existing positions reduced: 60

9% more funds holding

Funds holding: 182 [Q2] → 198 (+16) [Q3]

0% more funds holding in top 10

Funds holding in top 10: 12 [Q2] → 12 (+0) [Q3]

9% less capital invested

Capital invested by funds: $1.32B [Q2] → $1.2B (-$115M) [Q3]

22.42% less ownership

Funds ownership: 102.26% [Q2] → 79.84% (-22.42%) [Q3]

See Fund Rankings

Research analyst outlook

We haven’t received any recent analyst ratings for FTLS.

See Analyst Rankings

Financial journalist opinion

First Trust Advisors L.P. Announces Distributions for Exchange-Traded Funds

WHEATON, Ill.--(BUSINESS WIRE)--First Trust Advisors L.P. ("FTA") announces the declaration of distributions for 159 exchange-traded fund(s) (each a “Fund,” collectively, the “Funds”) advised by FTA. The following dates apply to today's distribution declarations: Expected Ex-Dividend Date: December 13, 2024 Record Date: December 13, 2024 Payable Date: December 31, 2024 Ticker Exchange Fund Name Frequency Ordinary Income Per Share Amount Short-Term Capital Gain Per Share Amount Long-Term C.

First Trust Advisors L.P. Announces Distributions for Exchange-Traded Funds

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-placed for a uranium bull market, driven by increasing demand for nuclear energy from major tech companies. iShares MSCI India ETF offers exposure to India's fast-growing economy, presenting perhaps a strong investment opportunity despite recent pullbacks due to shifts towards the Chinese market.

Undercovered ETFs: Nuclear, Uranium, China, India +

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 for risk-averse investors like me. FTLS excels in risk management, outperforming the Credit Suisse Hedge Index in all risk metrics, despite lower overall returns compared to SPY.

FTLS Is The Best ETF For Hedging

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 exposure, with a focus on risk management and the Earnings Quality Rank model. FTLS has a Tech-heavy long position, minimal Tech exposure in a short book, and outperforms peer alternative strategies like IQ Hedge Multi-Strategy Tracker ETF.

FTLS: An Alternative Strategy That's Worked

First Trust Advisors L.P. Announces Distributions for Exchange-Traded Funds

WHEATON, Ill.--(BUSINESS WIRE)--First Trust Advisors L.P. ("FTA") announces the declaration of distributions for 151 exchange-traded fund(s) (each a “Fund,” collectively, the “Funds”) advised by FTA. The following dates apply to today's distribution declarations: Expected Ex-Dividend Date: June 27, 2024 Record Date: June 27, 2024 Payable Date: June 28, 2024 Ticker Exchange Fund Name Frequency Ordinary Income Per Share Amount ACTIVELY MANAGED EXCHANGE-TRADED FUNDS First Trust Exchang.

First Trust Advisors L.P. Announces Distributions for Exchange-Traded Funds

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 interest rates, companies with good earnings momentum are vastly outperforming those without, which benefits FTLS.

FTLS: Reiterate Buy Recommendation On Excellent Results

Zacks Investment Research

5 Defensive Investment ETF Strategies for Your Portfolio

Market volatility roared back in recent weeks on growing inflation worries, the uncertain timing of Fed rate cuts and escalating geopolitical tension in the Middle East. The combination of these factors has made investors jittery, compelling them to revisit their portfolios.

First Trust Advisors L.P. Announces Distributions for Exchange-Traded Funds

WHEATON, Ill.--(BUSINESS WIRE)--First Trust Advisors L.P. ("FTA") announces the declaration of distributions for 133 exchange-traded fund(s) (each a “Fund,” collectively, the “Funds”) advised by FTA. The following dates apply to today's distribution declarations: Expected Ex-Dividend Date: March 21, 2024 Record Date: March 22, 2024 Payable Date: March 28, 2024 Ticker Exchange Fund Name Frequency Ordinary Income Per Share Amount ACTIVELY MANAGED EXCHANGE-TRADED FUNDS First Trust Exchange-Trade.

First Trust Advisors L.P. Announces Distributions for Exchange-Traded Funds

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 500 benchmark.

See News Rankings

Charts implemented using Lightweight Charts™