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First Trust Equity Market Neutral ETF (NTRL) Sharpe Ratio

ETF · Currency in USD · Last updated Jun 28, 2026

First Trust Equity Market Neutral ETF is an actively managed ETF that seeks an equity market neutral approach using long and short positions in U.S. exchange-listed equities, ETFs, and derivatives. The fund aims for performance driven primarily by long-short security selection rather than broad market direction.

Sharpe ratio is not yet available for NTRL. This metric requires at least 12 months of historical daily returns to calculate. Check back once this data is available.

How it compares to other similar ETFs

The table compares First Trust Equity Market Neutral ETF's Sharpe Ratio with other ETFs in the Equity Market Neutral category across multiple time periods, showing how NTRL's risk-adjusted performance compares to similar funds.

Data shows 1-, 5-, and 10-year periods, plus each fund's all-time average, as of Jun 28, 2026.

SymbolName1Y Sharpe Ratio5Y Sharpe Ratio10Y Sharpe RatioAll Time Sharpe Ratio
BTALAGF U.S. Market Neutral Anti-Beta Fund-1.50
NTRLFirst Trust Equity Market Neutral ETF—
AINTFINQ Dollar Neutral U.S. Large Cap AI-Managed Equity ETF—

S&P 500 Index

How to choose period

Historical Sharpe Ratio

The chart shows NTRL's rolling Sharpe ratio over time compared to your chosen benchmark. Rising trends indicate improving returns relative to total volatility, while declining trends may signal deteriorating risk-adjusted performance or increased volatility. Use multiple timeframes to distinguish short-term fluctuations from long-term patterns.

Identify market cycles by observing when NTRL consistently outperforms (line above benchmark), underperforms (below benchmark), or aligns with the benchmark.

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