First Trust Long/Short Equity ETF (FTLS)
FTLS is an actively managed ETF by First Trust. FTLS launched on Sep 9, 2014 and has a 1.60% expense ratio.
ETF Info
US33739P1030
33739P103
Sep 9, 2014
North America (U.S.)
1x
No Index (Active)
Expense Ratio
FTLS has a high expense ratio of 1.60%, indicating above-average management fees.
Share Price Chart
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Compare to other instruments
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Performance
Performance Chart
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Returns By Period
First Trust Long/Short Equity ETF (FTLS) returned -1.46% year-to-date (YTD) and 7.56% over the past 12 months. Over the past 10 years, FTLS returned 7.83% annually, underperforming the S&P 500 benchmark at 10.78%.
FTLS
-1.46%
3.52%
-0.73%
7.56%
11.09%
7.83%
^GSPC (Benchmark)
0.19%
9.00%
-1.55%
12.31%
15.59%
10.78%
Monthly Returns
The table below presents the monthly returns of FTLS, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | 2.70% | -1.72% | -3.31% | -0.86% | 1.84% | -1.46% | |||||||
| 2024 | 3.16% | 3.88% | 2.49% | -3.89% | 3.53% | 2.52% | 0.53% | 1.24% | 0.06% | 0.55% | 3.82% | -0.25% | 18.80% |
| 2023 | 3.01% | -2.09% | 3.35% | 1.63% | -0.72% | 3.37% | 2.42% | -0.85% | -0.47% | -0.36% | 4.46% | 2.24% | 16.94% |
| 2022 | -3.99% | -0.66% | 1.87% | -1.64% | 2.17% | -4.52% | 3.12% | -1.85% | -4.74% | 4.46% | 4.27% | -3.55% | -5.57% |
| 2021 | 2.90% | 1.51% | -0.23% | 3.07% | 2.48% | 1.37% | 0.79% | 1.54% | -2.89% | 4.24% | -0.16% | 3.68% | 19.65% |
| 2020 | 0.66% | -6.63% | -6.54% | 6.00% | 3.42% | -0.19% | 4.95% | 3.23% | -4.13% | -1.89% | 2.59% | 2.08% | 2.56% |
| 2019 | 3.21% | 1.52% | 1.09% | 1.66% | -3.36% | 4.75% | 1.62% | -0.88% | 1.47% | 1.71% | 1.44% | 1.08% | 16.17% |
| 2018 | 3.82% | -3.21% | -1.31% | -0.79% | 1.81% | -0.66% | 1.80% | 2.50% | -0.23% | -4.96% | 0.80% | -4.08% | -4.82% |
| 2017 | -0.49% | 2.30% | -0.66% | 1.66% | 1.30% | 0.63% | 1.19% | -0.58% | 2.43% | 1.85% | 2.74% | 1.23% | 14.41% |
| 2016 | -3.79% | -1.46% | 3.35% | -0.87% | 0.38% | 0.15% | 4.27% | -1.08% | 0.94% | -1.72% | 4.93% | 1.64% | 6.55% |
| 2015 | -0.25% | 3.99% | -0.42% | 0.37% | 1.51% | -2.47% | 1.37% | -3.53% | -0.29% | 4.28% | 1.53% | -1.17% | 4.71% |
| 2014 | -0.48% | 0.92% | 4.65% | 0.49% | 5.63% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of FTLS is 64, indicating average performance compared to other ETFs on our website. Here’s a breakdown of how it compares using common performance measures.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for First Trust Long/Short Equity ETF (FTLS) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
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Dividends
Dividend History
First Trust Long/Short Equity ETF provided a 1.57% dividend yield over the last twelve months, with an annual payout of $1.01 per share. The fund has been increasing its distributions for 3 consecutive years.
| Period | TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $1.01 | $0.99 | $0.84 | $0.40 | $0.00 | $0.19 | $0.35 | $0.32 | $0.17 | $0.36 | $0.16 | $0.16 |
Dividend yield | 1.57% | 1.50% | 1.49% | 0.81% | 0.01% | 0.44% | 0.83% | 0.87% | 0.43% | 1.04% | 0.49% | 0.51% |
Monthly Dividends
The table displays the monthly dividend distributions for First Trust Long/Short Equity ETF. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | $0.00 | $0.00 | $0.15 | $0.00 | $0.00 | $0.15 | |||||||
| 2024 | $0.00 | $0.00 | $0.13 | $0.00 | $0.00 | $0.31 | $0.00 | $0.00 | $0.27 | $0.00 | $0.00 | $0.29 | $0.99 |
| 2023 | $0.00 | $0.00 | $0.13 | $0.00 | $0.00 | $0.21 | $0.00 | $0.00 | $0.21 | $0.00 | $0.00 | $0.30 | $0.84 |
| 2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.07 | $0.00 | $0.00 | $0.33 | $0.40 |
| 2021 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| 2020 | $0.00 | $0.00 | $0.05 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.02 | $0.00 | $0.00 | $0.13 | $0.19 |
| 2019 | $0.00 | $0.00 | $0.07 | $0.00 | $0.00 | $0.11 | $0.00 | $0.00 | $0.13 | $0.00 | $0.00 | $0.05 | $0.35 |
| 2018 | $0.00 | $0.00 | $0.06 | $0.00 | $0.00 | $0.08 | $0.00 | $0.00 | $0.07 | $0.00 | $0.00 | $0.12 | $0.32 |
| 2017 | $0.00 | $0.00 | $0.03 | $0.00 | $0.00 | $0.06 | $0.00 | $0.00 | $0.05 | $0.00 | $0.00 | $0.04 | $0.17 |
| 2016 | $0.00 | $0.00 | $0.07 | $0.00 | $0.00 | $0.07 | $0.00 | $0.00 | $0.07 | $0.00 | $0.00 | $0.15 | $0.36 |
| 2015 | $0.00 | $0.00 | $0.03 | $0.00 | $0.00 | $0.05 | $0.00 | $0.00 | $0.02 | $0.00 | $0.00 | $0.06 | $0.16 |
| 2014 | $0.02 | $0.00 | $0.00 | $0.15 | $0.16 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
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Worst Drawdowns
The table below displays the maximum drawdowns of the First Trust Long/Short Equity ETF. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the First Trust Long/Short Equity ETF was 20.53%, occurring on Mar 23, 2020. Recovery took 112 trading sessions.
The current First Trust Long/Short Equity ETF drawdown is 4.87%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -20.53% | Feb 20, 2020 | 23 | Mar 23, 2020 | 112 | Aug 31, 2020 | 135 |
| -13.38% | Jan 29, 2018 | 229 | Dec 24, 2018 | 183 | Sep 17, 2019 | 412 |
| -11.69% | Jan 24, 2025 | 52 | Apr 8, 2025 | — | — | — |
| -10.35% | Dec 30, 2021 | 186 | Sep 26, 2022 | 172 | Jun 2, 2023 | 358 |
| -9.26% | Dec 2, 2015 | 49 | Feb 11, 2016 | 114 | Jul 26, 2016 | 163 |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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