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First Trust Long/Short Equity ETF (FTLS)
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

ETF Info

ISINUS33739P1030
CUSIP33739P103
IssuerFirst Trust
Inception DateSep 9, 2014
RegionNorth America (U.S.)
CategoryLong-Short, Actively Managed
Index TrackedNo Index (Active)
Home Pagewww.ftportfolios.com
Asset ClassAlternatives

Expense Ratio

The First Trust Long/Short Equity ETF has a high expense ratio of 1.60%, indicating higher-than-average management fees.


0.50%1.00%1.50%2.00%1.60%

Share Price Chart


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Compare to other instruments

Search for stocks, ETFs, and funds to compare with FTLS

First Trust Long/Short Equity ETF

Popular comparisons: FTLS vs. LBAY, FTLS vs. CLSE, FTLS vs. SWAN, FTLS vs. HTUS, FTLS vs. DGRO, FTLS vs. QQQ, FTLS vs. VOO, FTLS vs. FDLO, FTLS vs. SPY, FTLS vs. VXF

Performance

Performance Chart

The chart shows the growth of an initial investment of $10,000 in First Trust Long/Short Equity ETF, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.


80.00%100.00%120.00%140.00%160.00%OctoberNovemberDecember2024FebruaryMarch
120.95%
163.95%
FTLS (First Trust Long/Short Equity ETF)
Benchmark (^GSPC)

S&P 500

Returns By Period

First Trust Long/Short Equity ETF had a return of 9.36% year-to-date (YTD) and 24.48% in the last 12 months.


PeriodReturnBenchmark
Year-To-Date9.36%10.04%
1 month2.12%3.53%
6 months16.75%22.79%
1 year24.48%32.16%
5 years (annualized)10.23%13.15%
10 years (annualized)N/A10.96%

Monthly Returns Heatmap


JanFebMarAprMayJunJulAugSepOctNovDec
20243.16%3.88%
2023-0.85%-0.47%-0.36%4.46%2.24%

Risk-Adjusted Performance

Risk-Adjusted Performance Indicators

This table presents risk-adjusted performance metrics for First Trust Long/Short Equity ETF (FTLS) and compares them with a selected benchmark (^GSPC). These performance indicators assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.


Sharpe ratioSortino ratioOmega ratioCalmar ratioUlcer Index
FTLS
First Trust Long/Short Equity ETF
2.74
^GSPC
S&P 500
2.76

Sharpe Ratio

The current First Trust Long/Short Equity ETF Sharpe ratio is 2.74. A Sharpe ratio higher than 2.0 is considered very good.


Rolling 12-month Sharpe Ratio0.501.001.502.002.503.00OctoberNovemberDecember2024FebruaryMarch
2.74
2.76
FTLS (First Trust Long/Short Equity ETF)
Benchmark (^GSPC)

Dividends

Dividend History

First Trust Long/Short Equity ETF granted a 1.36% dividend yield in the last twelve months. The annual payout for that period amounted to $0.84 per share.


PeriodTTM2023202220212020201920182017201620152014
Dividend$0.84$0.84$0.40$0.00$0.19$0.35$0.32$0.17$0.36$0.16$0.16

Dividend yield

1.36%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.


JanFebMarAprMayJunJulAugSepOctNovDec
2024$0.00$0.00
2023$0.00$0.00$0.13$0.00$0.00$0.20$0.00$0.00$0.21$0.00$0.00$0.30
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
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
2020$0.00$0.00$0.04$0.00$0.00$0.00$0.00$0.00$0.02$0.00$0.00$0.13
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
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
2017$0.00$0.00$0.03$0.00$0.00$0.06$0.00$0.00$0.05$0.00$0.00$0.03
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
2015$0.00$0.00$0.03$0.00$0.00$0.04$0.00$0.00$0.02$0.00$0.00$0.06
2014$0.02$0.00$0.00$0.15

Drawdowns

Drawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way.


-15.00%-10.00%-5.00%0.00%OctoberNovemberDecember2024FebruaryMarch
-0.20%
0
FTLS (First Trust Long/Short Equity ETF)
Benchmark (^GSPC)

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 0.20%.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-20.53%Feb 20, 202023Mar 23, 2020112Aug 31, 2020135
-13.38%Jan 29, 2018229Dec 24, 2018183Sep 17, 2019412
-10.35%Dec 30, 2021190Sep 30, 2022168Jun 2, 2023358
-9.26%Dec 2, 201549Feb 11, 2016114Jul 26, 2016163
-8.16%May 28, 201563Aug 25, 201564Nov 24, 2015127

Volatility

Volatility Chart

The current First Trust Long/Short Equity ETF volatility is 2.82%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.


1.00%2.00%3.00%4.00%5.00%OctoberNovemberDecember2024FebruaryMarch
2.82%
2.82%
FTLS (First Trust Long/Short Equity ETF)
Benchmark (^GSPC)