FTLSFirst Trust Long/Short Equity ETF
Seeks long-term total return.
By First Trust · Launched 2014
Annual Cost
1.38%
#5,653 of 5,854 · expensive
Fund Size
$2.4B
#671 of 5,854 · large
Return (1Y)Goal
+13.4%
Track Record
11 years
#1,199 of 5,854 · established
Performance
Total-return NAV · USDGrowth of $10,000
$11,124+11.2%
Total-return NAV, USD. Net of fund fees, before tax.
What's inside
How Beacon categorizes this fundWhat it actually holds
By weightConcentration
Top 10 holdings = 28.6% of fund✓ well diversified
APPLE INC
5.9%
NVIDIA CORP
3.5%
MICROSOFT CORP
3.2%
ALPHABET INC
2.7%
JP MORGAN CHASE & COMPANY
2.5%
BANK OF AMERICA CORP
2.4%
ASML HOLDING NV
2.3%
BERKSHIRE HATHAWAY INC
2.1%
QUALCOMM INC
2.0%
COSTCO WHOLESALE CORP
2.0%
Asset allocation
Stocks
63.2%
Cash
36.8%
Risk profile
Last 12 months · Sharpe & Sortino need 3+ yearsVolatility (1Y)
8.5%Low
Year-on-year price swings
Max drawdown
-20.7%Moderate
Worst peak-to-trough loss
Sharpe (3Y)
0.94Decent risk-adjusted returns
Sortino (3Y)
1.36Good downside protection
Listing
- Exchange
- NYSE Arca
Full fund details
- Objective
- Seeks long-term total return.
- Strategy
- Pursues long-term total return by establishing long and short positions in U.S. exchange-listed equity securities and ETFs. The portfolio may include securities of non-U.S. issuers and will be composed of both long and short positions, with a focus on various market capitalizations.
- Inception date
- September 8, 2014
- Fund family
- First Trust
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Data updated on 2026-08-03