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
ISIN | US33739P1030 |
---|---|
CUSIP | 33739P103 |
Issuer | First Trust |
Inception Date | Sep 9, 2014 |
Region | North America (U.S.) |
Category | Long-Short, Actively Managed |
Index Tracked | No Index (Active) |
Home Page | www.ftportfolios.com |
Asset Class | Alternatives |
Expense Ratio
The First Trust Long/Short Equity ETF has a high expense ratio of 1.60%, indicating higher-than-average management fees.
Share Price Chart
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Compare to other instruments
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.
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.
Period | Return | Benchmark |
---|---|---|
Year-To-Date | 9.36% | 10.04% |
1 month | 2.12% | 3.53% |
6 months | 16.75% | 22.79% |
1 year | 24.48% | 32.16% |
5 years (annualized) | 10.23% | 13.15% |
10 years (annualized) | N/A | 10.96% |
Monthly Returns Heatmap
Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
2024 | 3.16% | 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 ratio | Sortino ratio | Omega ratio | Calmar ratio | Ulcer Index | |
---|---|---|---|---|---|
First Trust Long/Short Equity ETF | 2.74 | ||||
S&P 500 | 2.76 |
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.
Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
---|---|---|---|---|---|---|---|---|---|---|---|
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.
Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
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.
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, 2020 | 23 | Mar 23, 2020 | 112 | Aug 31, 2020 | 135 |
-13.38% | Jan 29, 2018 | 229 | Dec 24, 2018 | 183 | Sep 17, 2019 | 412 |
-10.35% | Dec 30, 2021 | 190 | Sep 30, 2022 | 168 | Jun 2, 2023 | 358 |
-9.26% | Dec 2, 2015 | 49 | Feb 11, 2016 | 114 | Jul 26, 2016 | 163 |
-8.16% | May 28, 2015 | 63 | Aug 25, 2015 | 64 | Nov 24, 2015 | 127 |
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.