First Trust Long/Short Equity ETF (FTLS)
62.19
-0.01
(-0.02%)
USD |
NYSEARCA |
Jun 13, 10:39
Price Chart
Key Stats
Net Expense Ratio | Discount or Premium to NAV | Total Assets Under Management | 30-Day Average Daily Volume |
---|---|---|---|
1.46% | 0.29% | 1.312B | 131213.3 |
Dividend Yield | Turnover Ratio | 1 Year Fund Level Flows | Max Drawdown (Since Inception) |
1.35% | 280.0% | 461.56M | Upgrade |
Basic Info
Investment Strategy | |
The investment seeks to provide investors with long-term total return. Under normal conditions, the fund will expose at least 80% of its net assets (including investment borrowings) to U.S. exchange-listed equity securities and/or U.S. exchange-traded funds ("ETFs") that provide exposure to U.S. exchange-listed equity securities. It pursues its investment objective by establishing long and short positions in its portfolio of U.S. exchange-listed equity securities and ETFs. The fund may invest up to 20% of its net assets (including investment borrowings) in U.S. exchange-listed equity index futures contracts. |
General | |
Security Type | Exchange-Traded Fund |
Equity Style | Large Cap/Blend |
Fixed Income Style | -- |
Broad Asset Class | Nontraditional Equity |
Broad Category | Equity |
Category Name | Long-Short Equity |
Category Index | MSCI ACWI NR USD |
Global Category Name | Long/Short Equity |
YCharts Categorization | Other |
YCharts Benchmark | S&P 500 Total Return (^SPXTR) |
Prospectus Objective | Growth |
Fund Owner Firm Name | First Trust Advisors L.P. |
Prospectus Benchmark Index | |
S&P 500 TR USD | 100.0% |
Broad Asset Class Benchmark Index | |
^SPXTR | 100.0% |
Manager Tenure | |
John Gambla | 9.74 yrs |
Rob Guttschow | 9.74 yrs |
Performance Versus Category
As of June 12, 2024. Returns for periods of 1 year and above are annualized.
Annual Total Returns Versus Peers
As of June 12, 2024.
Basic Info
Investment Strategy | |
The investment seeks to provide investors with long-term total return. Under normal conditions, the fund will expose at least 80% of its net assets (including investment borrowings) to U.S. exchange-listed equity securities and/or U.S. exchange-traded funds ("ETFs") that provide exposure to U.S. exchange-listed equity securities. It pursues its investment objective by establishing long and short positions in its portfolio of U.S. exchange-listed equity securities and ETFs. The fund may invest up to 20% of its net assets (including investment borrowings) in U.S. exchange-listed equity index futures contracts. |
General | |
Security Type | Exchange-Traded Fund |
Equity Style | Large Cap/Blend |
Fixed Income Style | -- |
Broad Asset Class | Nontraditional Equity |
Broad Category | Equity |
Category Name | Long-Short Equity |
Category Index | MSCI ACWI NR USD |
Global Category Name | Long/Short Equity |
YCharts Categorization | Other |
YCharts Benchmark | S&P 500 Total Return (^SPXTR) |
Prospectus Objective | Growth |
Fund Owner Firm Name | First Trust Advisors L.P. |
Prospectus Benchmark Index | |
S&P 500 TR USD | 100.0% |
Broad Asset Class Benchmark Index | |
^SPXTR | 100.0% |
Manager Tenure | |
John Gambla | 9.74 yrs |
Rob Guttschow | 9.74 yrs |