FTLSFirst Trust Long/Short Equity ETF

Diversifier11y track recordRanked #63 of 240 in this goal

Seeks long-term total return for investors.

By First Trust · Launched 2014

Annual Cost

1.38%

#5,383 of 5,562 · expensive

Fund Size

$2.3B

#671 of 5,562 · large

Return (1Y)Goal

+15.4%

Track Record

11 years

#1,219 of 5,562 · established

Performance

Total-return NAV · USD

Growth of $10,000

$11,504+15.0%

Total-return NAV, USD. Net of fund fees, before tax.

Classification

How Beacon categorizes this fund

Asset class

Alternative

Region

North america

Strategy

Long short

What it actually holds

By weight

Concentration

Top 10 holdings = 34.1% of fund✓ well diversified

Apple Inc

6.1%

Microsoft Corp

5.3%

Alphabet Inc

4.6%

NVIDIA Corp

4.5%

Amazon.com Inc

3.8%

Meta Platforms Inc

2.7%

Broadcom Inc

2.2%

Tesla Inc

2.0%

Eli Lilly & Co

1.6%

Dreyfus Government Cash Management

1.3%

Asset allocation

Stocks

67.9%

Cash

32.1%

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years

Volatility (1Y)

8.4%Low

Year-on-year price swings

Max drawdown

-20.5%Moderate

Worst peak-to-trough loss

Sharpe (3Y)

1.01Strong risk-adjusted returns

Sortino (3Y)

1.46Good downside protection

Where to buy

Listing

Exchange: NYSE Arca

Full fund details

Objective: Seeks long-term total return for investors.
Strategy: Invests primarily in U.S. exchange-listed equity securities and ETFs, establishing both long and short positions. Uses quantitative analysis to select securities expected to outperform or underperform, maintaining a portfolio with 80-100% long and 0-50% short positions.
Inception date: September 8, 2014
Fund family: First Trust