First Trust Longshort Etf Profile

FTLS Etf  USD 71.30  0.29  0.41%   

Performance

Mild

 
Weak
 
Strong

Odds Of Distress

Low

 
High
 
Low
First Trust is selling for under 71.30 as of the 6th of January 2026; that is 0.41 percent increase since the beginning of the trading day. The etf's lowest day price was 70.92. First Trust has less than a 9 % chance of experiencing financial distress in the next few years but had a somewhat mild performance during the last 90 days. The performance scores are derived for the period starting the 13th of October 2024 and ending today, the 6th of January 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

  0.89CLSE Trust For ProfessionalPairCorr
  0.74CLIX ProShares Long OnlinPairCorr
  0.67ITDD iShares TrustPairCorr

Moving against First Etf

  0.48LBAY Tidal ETF TrustPairCorr

First Etf Highlights

Thematic Ideas
(View all Themes)
Business ConcentrationLong/short ETFs, Strategy ETFs, Long-Short Equity, First Trust (View all Sectors)
IssuerFirst Trust
Inception Date2014-09-08
Entity TypeRegulated Investment Company
Asset Under Management2.16 Billion
Average Trading Volume86,283.7
Asset TypeEquity
CategoryStrategy
FocusLong/Short
Market ConcentrationBlended Development
RegionGlobal
AdministratorBrown Brothers Harriman & Co.
AdvisorFirst Trust Advisors L.P.
CustodianBrown Brothers Harriman & Co.
DistributorFirst Trust Portfolios L.P.
Portfolio ManagerJohn Gambla, Rob Guttschow
Transfer AgentBrown Brothers Harriman & Co.
Fiscal Year End31-Oct
ExchangeNYSE Arca, Inc.
Number of Constituents403
Market MakerJane Street
Total Expense1.38
Management Fee0.95
Country NameUSA
Returns Y T D10.26
NameFirst Trust LongShort Equity ETF
Currency CodeUSD
Open FigiBBG00735B1S4
In Threey Volatility7.4
1y Volatility6.81
200 Day M A67.3366
50 Day M A71.0039
CodeFTLS
Updated At6th of January 2026
Currency NameUS Dollar
In Threey Sharp Ratio1.12
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 Long/short ETFs. First Trust LongShort currently have 483.17 M in assets under management (AUM). , while the total return for the last 3 years was 14.8%.
Check First Trust Probability Of Bankruptcy

Geographic Allocation (%)

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.

Top First Trust LongShort Etf Constituents

PHMPulteGroupStockConsumer Discretionary
ALLEAllegion PLCStockIndustrials
KLACKLA TencorStockInformation Technology
AMTAmerican Tower CorpStockReal Estate
TJXThe TJX CompaniesStockConsumer Discretionary
ELSEquity Lifestyle PropertiesStockReal Estate
WIXWixComStockInformation Technology
BKNGBooking HoldingsStockConsumer Discretionary
More Details

First Trust Top Holders

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.

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

When determining whether First Trust LongShort is a strong investment it is important to analyze First Trust's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact First Trust's future performance. For an informed investment choice regarding First Etf, refer to the following important reports:
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 board of governors.
You can also try the Theme Ratings module to determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance.
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. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. 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. However, First Trust's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.