First Trust Longshort Etf Profile
| FTLS Etf | USD 71.51 0.85 1.20% |
PerformanceWeakest
| Odds Of DistressLow
|
First Trust is selling for under 71.51 as of the 6th of February 2026; that is 1.20 percent increase since the beginning of the trading day. The etf's lowest day price was 70.76. First Trust has less than a 9 % chance of experiencing financial distress in the next few years, but has generated negative returns over the last 90 days. The performance scores are derived for the period starting the 8th of November 2025 and ending today, the 6th of February 2026. Click here to learn more.
Under normal conditions, the fund will expose at least 80 percent of its net assets to U.S. exchange-listed equity securities andor U.S. exchange-traded funds that provide exposure to U.S. exchange-listed equity securities. LongShort Equity is traded on NYSEARCA Exchange in the United States.. More on First Trust LongShort
Moving together with First Etf
First Etf Highlights
| Thematic Ideas | (View all Themes) |
| Business Concentration | Strategy ETFs, Long/short ETFs, Long-Short Equity, First Trust (View all Sectors) |
| Issuer | First Trust |
| Inception Date | 2014-09-08 |
| Entity Type | Regulated Investment Company |
| Asset Under Management | 2.2 Billion |
| Average Trading Volume | 149,135 |
| Asset Type | Equity |
| Category | Strategy |
| Focus | Long/Short |
| Market Concentration | Blended Development |
| Region | Global |
| Administrator | Brown Brothers Harriman & Co. |
| Advisor | First Trust Advisors L.P. |
| Custodian | Brown Brothers Harriman & Co. |
| Distributor | First Trust Portfolios L.P. |
| Portfolio Manager | John Gambla, Rob Guttschow |
| Transfer Agent | Brown Brothers Harriman & Co. |
| Fiscal Year End | 31-Oct |
| Exchange | NYSE Arca, Inc. |
| Number of Constituents | 383 |
| Market Maker | Jane Street |
| Total Expense | 1.38 |
| Management Fee | 0.95 |
| Country Name | USA |
| Returns Y T D | 0.61 |
| Name | First Trust LongShort Equity ETF |
| Currency Code | USD |
| Open Figi | BBG00735B1S4 |
| In Threey Volatility | 7.0 |
| 1y Volatility | 6.85 |
| 200 Day M A | 68.2145 |
| 50 Day M A | 71.2288 |
| Code | FTLS |
| Updated At | 5th of February 2026 |
| Currency Name | US Dollar |
| In Threey Sharp Ratio | 1.33 |
First Trust LongShort [FTLS] is traded in USA and was established 2014-09-08. The fund is listed under Long-Short Equity category and is part of First Trust family. The entity is thematically classified as Strategy ETFs. First Trust LongShort currently have 483.17 M in assets under management (AUM). , while the total return for the last 3 years was 14.5%.
Check First Trust Probability Of Bankruptcy
Geographic Allocation (%)
Sector Allocation
Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on First Etf. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding First Etf, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as First Trust LongShort Etf, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.
First Trust LongShort Currency Exposure
First Trust LongShort holds assets that are exposed to currency risk. As an investor, you have to ensure that the increase in value or dividend from foreign constituents of First Trust will not be offset by an unfavorable exchange rate and will not cancel out the return on assets from different countries. In other words, assess how much of your investment depends on the development of foreign currencies before you invest in First Trust LongShort.
First Trust Top Holders
| QALTX | Quantified Alternative Investment | Mutual Fund | Macro Trading | |
| QALAX | Quantified Alternative Investment | Mutual Fund | Macro Trading |
First Trust LongShort Risk Profiles
The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in First Trust. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures.
| Mean Deviation | 0.4175 | |||
| Standard Deviation | 0.5475 | |||
| Variance | 0.2998 | |||
| Risk Adjusted Performance | (0) |
First Trust LongShort Technical Analysis
Transformation |
The output start index for this execution was zero with a total number of output elements of sixty-one. First Trust LongShort Inverse Tangent Over Price Movement function is an inverse trigonometric method to describe First Trust price patterns.
First Trust Against Markets
First Etf Analysis Notes
First Trust is is formed as Regulated Investment Company in the United States. ETF is managed and operated by Brown Brothers Harriman & Co.. The fund has 383 constituents with avarage daily trading value of 149.1 K. The fund charges 0.95 percent management fee with a total expences of 1.38 percent of total asset. The fund created five year return of 10.0%. First Trust LongShort last dividend was 0.045 per share. Under normal conditions, the fund will expose at least 80 percent of its net assets to U.S. exchange-listed equity securities andor U.S. exchange-traded funds that provide exposure to U.S. exchange-listed equity securities. LongShort Equity is traded on NYSEARCA Exchange in the United States. To learn more about First Trust LongShort call the company at NA.First Trust Thematic Classifications
In addition to having First Trust etf in your portfolios, you can add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your favorite investment opportunity, you can then obtain an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility. If you are a result-oriented investor, you can benefit from optimizing one of our existing themes to build an efficient portfolio against your specific investing outlook.
 | Strategy ETFsUSA ETFs from Strategy clasification | |
| Long/short ETFsUSA ETFs from Long/short clasification |
Management Efficiency
First Trust's management efficiency ratios could be used to measure how well First Trust manages its routine affairs as well as how well it operates its assets and liabilities.The decision-making processes within First Trust are key to its success in a competitive market. By evaluating these processes, we assess the stock's potential for future gains.
Returns 3 Y 14.59 | Returns 5 Y 10.48 | Returns 1 Y 5.95 | Total Assets 2.2 B | Yield 1.07 |
Top First Trust LongShort Etf Constituents
| OTIS | Otis Worldwide Corp | Stock | |
| CB | Chubb | Stock | |
| INTU | Intuit Inc | Stock | |
| SYY | Sysco | Stock | |
| GIS | General Mills | Stock | |
| PM | Philip Morris International | Stock | |
| ACN | Accenture plc | Stock | |
| BIIB | Biogen Inc | Stock | |
| AVGO | Broadcom | Stock | |
| DBX | Dropbox | Stock | |
| PGR | Progressive Corp | Stock | |
| BKNG | Booking Holdings | Stock | |
| SBUX | Starbucks | Stock | |
| BAC | Bank of America | Stock | |
| SPY | SPDR SP 500 | Etf | |
| CA | Xtrackers California Municipal | Etf | |
| LVS | Las Vegas Sands | Stock | |
| CVS | CVS Health Corp | Stock | |
| PSA | Public Storage | Stock | |
| CAG | ConAgra Foods | Stock | |
| SNA | Snap On | Stock | |
| IWD | iShares Russell 1000 | Etf | |
| BHLB | Berkshire Hills Bancorp | Stock | |
| ORI | Old Republic International | Stock | |
| IWO | iShares Russell 2000 | Etf | |
| ALLE | Allegion PLC | Stock | |
| CNC | Centene Corp | Stock | |
| OLLI | Ollies Bargain Outlet | Stock | |
| CVX | Chevron Corp | Stock | |
| GNTX | Gentex | Stock |
Institutional Etf Holders for First Trust
Have you ever been surprised when a price of an equity instrument such as First Trust is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading First Trust LongShort backward and forwards among themselves. First Trust's institutional investor refers to the entity that pools money to purchase First Trust's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
| QALTX | Quantified Alternative Investment | Mutual Fund | Macro Trading | |
| QALAX | Quantified Alternative Investment | Mutual Fund | Macro Trading |
First Trust Outstanding Bonds
First Trust issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. First Trust LongShort uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most First bonds can be classified according to their maturity, which is the date when First Trust LongShort has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
| FIRST UN P Corp BondUS337358BA27 | View | |
| FIRST UN P Corp BondUS337358BD65 | View | |
| US337358BH79 Corp BondUS337358BH79 | View | |
| MPLX LP 4125 Corp BondUS55336VAK61 | View |
First Trust Predictive Daily Indicators
First Trust intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of First Trust etf daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
| Accumulation Distribution | 1299.2 | |||
| Daily Balance Of Power | 0.9239 | |||
| Rate Of Daily Change | 1.01 | |||
| Day Median Price | 71.22 | |||
| Day Typical Price | 71.32 | |||
| Price Action Indicator | 0.72 | |||
| Period Momentum Indicator | 0.85 |
First Trust Forecast Models
First Trust's time-series forecasting models are one of many First Trust's etf analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary First Trust's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in First Trust LongShort. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area. You can also try the Sign In To Macroaxis module to sign in to explore Macroaxis' wealth optimization platform and fintech modules.
The market value of First Trust LongShort is measured differently than its book value, which is the value of First that is recorded on the company's balance sheet. Investors also form their own opinion of First Trust's value that differs from its market value or its book value, called intrinsic value, which is First Trust's true underlying value. Analysts utilize numerous techniques to assess fundamental value, seeking to purchase shares when trading prices fall beneath estimated intrinsic worth. Because First Trust's market value can be influenced by many factors that don't directly affect First Trust's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between First Trust's value and its price as these two are different measures arrived at by different means. Investors typically determine if First Trust is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. Meanwhile, First Trust's quoted price indicates the marketplace figure where supply meets demand through bilateral consent.