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ALL
AUM
$2.12B
P/E ratio
18.2
Dividend yield
1.1668%
Expense ratio
1.38%
Beta
0.503655
Previous close
$71.43
Today's open
$71.11
Day's range
$70.52 - $71.24
52 week range
$58.90 - $72.01
Equities
Multi Alternative
AAPL
Apple Inc
7.25%
First Trust Advisors L.P. Announces Distributions for Exchange-Traded Funds
WHEATON, Ill.--(BUSINESS WIRE)--First Trust Advisors L.P. ("FTA") announces the declaration of distributions for 156 exchange-traded fund(s) (each a “Fund,” collectively, the “Funds”) advised by FTA. The following dates apply to today's distribution declarations: Expected Ex-Dividend Date: December 12, 2025 Record Date: December 12, 2025 Payable Date: December 31, 2025 Ticker Exchange Fund Name Frequency Ordinary Income Per Share Amount Short-Term Capital Gain Per Share Amount Long-Term Capit.
Business Wire • Dec 11, 2025

FTLS: Reaffirming My Buy Recommendation
First Trust Long/Short Equity ETF remains a Buy for conservative and balanced investors seeking downside protection amid frothy market valuations. FTLS offers competitive returns with significantly lower volatility and superior downside protection compared to the S&P 500, making it ideal for risk-averse portfolios. While FTLS lags in up markets and has a high expense ratio (1.38%), its low beta and consistent risk-adjusted returns justify its inclusion for diversification.
Seeking Alpha • Sep 30, 2025

FTLS: Active Long-Short ETF With Good Downside Protection
First Trust Long/Short Equity ETF (FTLS) is an active equity ETF whose long and short exposures may vary with market conditions. FTLS currently has a 66% net long exposure with a focus on consumer discretionary and technology, and solid fundamental metrics. Compared to competitors, FTLS shows compelling downside protection, although investors prioritizing risk-adjusted return may prefer CLS.
Seeking Alpha • Jun 10, 2025

FTLS: This Long-Short ETF Is Still A Buy
FTLS is a long/short ETF with a strong performance history, offering low volatility and shallow drawdowns, making it a robust alternative to SPY. The fund's active management and sectoral positioning allow it to capture upside while minimizing downside, outperforming in down markets. With the current high P/E ratios, switching from SPY to FTLS can help manage risk and limit potential losses during market corrections.
Seeking Alpha • Feb 20, 2025

Undercovered ETFs: Nuclear, Uranium, China, India +
The 'Undercovered' Dozen series highlights lesser-covered ETFs, offering insights from various authors on potential investment opportunities and market trends. Global X Uranium ETF is seen as well-placed for a uranium bull market, driven by increasing demand for nuclear energy from major tech companies. iShares MSCI India ETF offers exposure to India's fast-growing economy, presenting perhaps a strong investment opportunity despite recent pullbacks due to shifts towards the Chinese market.
Seeking Alpha • Nov 19, 2024

FTLS Is The Best ETF For Hedging
I am exploring ETFs for a balanced portfolio and found First Trust Long/Short Equity (FTLS) as a promising hedging strategy. Hedging can limit returns but improves risk profiles, making it suitable for risk-averse investors like me. FTLS excels in risk management, outperforming the Credit Suisse Hedge Index in all risk metrics, despite lower overall returns compared to SPY.
Seeking Alpha • Nov 10, 2024

FTLS: An Alternative Strategy That's Worked
First Trust Long/Short Equity ETF offers a long/short strategy to lower long exposure and playoff long/short spreads. The FTLS ETF blends quantitative and fundamental analysis to determine net exposure, with a focus on risk management and the Earnings Quality Rank model. FTLS has a Tech-heavy long position, minimal Tech exposure in a short book, and outperforms peer alternative strategies like IQ Hedge Multi-Strategy Tracker ETF.
Seeking Alpha • Aug 1, 2024

FTLS: Reiterate Buy Recommendation On Excellent Results
First Trust Long/Short Equity ETF uses earnings quality to pick stocks to go long and short. FTLS has delivered hedge fund-like performance at mutual fund-like fees. In a market defined by higher interest rates, companies with good earnings momentum are vastly outperforming those without, which benefits FTLS.
Seeking Alpha • May 17, 2024

5 Defensive Investment ETF Strategies for Your Portfolio
Market volatility roared back in recent weeks on growing inflation worries, the uncertain timing of Fed rate cuts and escalating geopolitical tension in the Middle East. The combination of these factors has made investors jittery, compelling them to revisit their portfolios.
Zacks Investment Research • Apr 18, 2024

FTLS: Long-Short ETF With Good Fundamentals And Low Volatility
First Trust Long/Short Equity ETF is an actively managed fund with a long-short stock strategy based on proprietary quantitative models. Valuation, growth, and quality metrics are superior to the S&P 500 benchmark.
Seeking Alpha • Feb 8, 2024

¹ Disclosures

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