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FTLS Price & Analysis

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FTLS ETF Chart & Stats

ETF Overview

First Trust Long/Short Equity ETF

The First Trust Long/Short Equity ETF (ticker: FTLS) is a dynamic investment vehicle designed to navigate the complexities of market volatility and capitalize on both upward and downward market trends. Positioned within the Hedge Fund Strategies category, this ETF specializes in Long/Short equity strategies, offering investors a unique opportunity to diversify their portfolios beyond traditional asset classes. By simultaneously holding long positions in stocks it expects to appreciate and short positions in those it anticipates will decline, FTLS seeks to generate positive returns regardless of market conditions. This tactical approach allows the fund to potentially mitigate risk and enhance returns, making it an attractive option for investors looking to hedge against market downturns while still participating in growth opportunities. The ETF's niche focus on Long/Short strategies offers a sophisticated and flexible investment solution, leveraging the expertise typically associated with hedge funds but within the accessible framework of an exchange-traded fund. Whether you're looking to balance an existing portfolio or seek a stand-alone strategy that adapts to market shifts, the First Trust Long/Short Equity ETF provides an innovative avenue for achieving your financial goals.
Asset Class
Alternatives
Region
Global
Issuer
First Trust
Index Tracked
No Underlying Index
Ticker Symbol
FTLS

First Trust Long/Short Equity ETF (FTLS) Fund Flow Chart

First Trust Long/Short Equity ETF (FTLS) 1 year Net Flows: $716M

FTLS ETF FAQ

What was FTLS’s price range in the past 12 months?
FTLS lowest ETF price was $57.78 and its highest was $68.64 in the past 12 months.
    What is the AUM of FTLS?
    As of Jan 28, 2025 The AUM of FTLS is 1.85B.
      Is FTLS overvalued?
      According to Wall Street analysts FTLS’s price is currently Undervalued. Get more investment ideas with TipRanks Premium
        Does FTLS pay dividends?
        FTLS pays a Quarterly dividend of $0.287 which represents an annual dividend yield of 1.47%. See more information on FTLS dividends here
          How many shares outstanding does FTLS have?
          FTLS has 27,300,002 shares outstanding.
            Which hedge fund is a major shareholder of FTLS?
            Among the largest hedge funds holding FTLS’s share is Chilton Investment Co LLC. It holds FTLS’s shares valued at 202K.

              FTLS ETF Smart Score

              For ETFs, the calculations for the Smart Score, Analyst Consensus, Price Target, Blogger Sentiment, News Sentiment and Insider Transactions are based on the weighted average of the ETF's holdings and some additional factors. Hedge Fund Trend, Crowd Wisdom and Technicals are based on the actual ETF ticker.​

              Top 10 Holdings

              Name
              Weight %
              USD_CASH
              U.S. Dollar
              31.16%
              Apple Inc
              6.34%
              Microsoft
              5.88%
              Nvidia Corporation
              5.52%
              Amazon.Com, Inc.
              4.01%
              Meta Platforms, Inc.
              2.60%
              Citigroup Inc
              2.36%
              Qualcomm
              2.27%
              Alphabet Inc. Class A
              2.13%
              Cisco
              2.10%
              Total64.37%
              See All Holdings
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