| Indicators | Browse All

First Trust Long/Short Equity ETF (FTLS)

Long-Short Equity | Exchange Traded Fund | NYSEArca
74.62 USD -0.09 (-0.120%) ⇩ (July 13, 2026, 4 p.m. EDT)
After hours: 74.62
Short-term:★★⯪☆☆Long-term:★★★⯪☆Dividends:★★⯪☆☆
Hot Take ↕ | July 11, 2026, 4:49 a.m. EDT

The long-term outlook remains solid, driven by a robust nine-year price trajectory that is up over 100% with eight out of nine years showing positive returns. The business has demonstrated resilience, avoiding the multi-year decline penalty that often caps ratings for struggling assets. However, the short-term picture is muted; recent price action shows the stock trading near its 52-week highs but failing to break out decisively, hovering just above its 50-day moving average without building significant momentum. The statistical forecast offers only a modest 1.33% upside lean with moderate confidence, which aligns with the lack of aggressive buying pressure. While the dividend yield of 0.89% provides some income, it is insufficient to offset the lack of capital appreciation catalysts in the immediate term, resulting in a neutral stance for both horizons.
Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
MSTL_79_126 ✓0.009023
MSTL_1260.009081
AutoARIMA0.011153
AutoTheta0.012897
MSTL_790.013342
MSTL0.016233
AutoETS0.018358

Forecast horizon: 60 days | Selected: MSTL_79_126

Forecast Reliability
Score 64%
H-stat 6.00
Ljung-Box p 0.000
Jarque-Bera p 0.428
Excess Kurtosis -0.64
Attribute Value
Trailing P/E 25.85

As of July 11, 2026, 4:49 a.m. EDT: Options activity is virtually dormant with zero open interest or volume recorded for out-of-the-money or in-the-money strikes across the available expiration. Implied volatility is flat at 6%, indicating a lack of speculative positioning or hedging demand. The absence of any significant flow suggests the market is currently neutral and uninterested in betting on a directional move for this ETF.

Dividend Data

Yield Summary
Last Yield 1yr Yield 3yr Avg 5yr Avg
0.28% 0.93% 1.32% 1.09%
Dividend History
Date Dividend Yield %
2026-06-25 0.207 0.281633
2026-03-26 0.063 0.090374
2025-12-12 0.213 0.301273
2025-09-25 0.175 0.251907
2025-06-26 0.220 0.336443
2025-03-27 0.151 0.235606
2024-12-13 0.288 0.430493
2024-09-26 0.265 0.419237
2024-06-27 0.309 0.492587
2024-03-21 0.128 0.208062
2023-12-22 0.298 0.526037
2023-09-22 0.206 0.390152
2023-06-27 0.205 0.392037
2023-03-24 0.129 0.259505
2022-12-23 0.330 0.667206
2022-09-23 0.066 0.139423
2021-12-23 0.003 0.005817
2020-12-24 0.125 0.284660
2020-09-24 0.021 0.050360
2020-03-26 0.045 0.120482
2019-12-13 0.047 0.110536
2019-09-25 0.126 0.307317
2019-06-14 0.108 0.272418
2019-03-21 0.073 0.186120
2018-12-18 0.116 0.310909
2018-09-14 0.065 0.160217
2018-06-21 0.084 0.212551
2018-03-22 0.057 0.146409
2017-12-21 0.035 0.088754
2017-09-21 0.048 0.130933
2017-06-22 0.058 0.160398
2017-03-23 0.029 0.083670
2016-12-21 0.154 0.440075
2016-09-21 0.067 0.203647
2016-06-22 0.068 0.213206
2016-03-23 0.071 0.223130
2015-12-23 0.061 0.184944
2015-09-23 0.019 0.060071
2015-06-24 0.045 0.136654
2015-03-25 0.034 0.105426
2014-12-23 0.145 0.462225
2014-09-23 0.016 0.053945
Additional Data
trailingAnnualDividendRate 0.0
trailingAnnualDividendYield 0.0
dividendYield 0.89

Info Dump

Attribute Value
All Time High 75.11
All Time Low 22.32
Ask 74.74
Ask Size 100
Average Daily Volume10 Day 191,460
Average Daily Volume3 Month 118,693
Average Volume 118,693
Average Volume10Days 191,460
Beta3 Year 0.48
Bid 74.55
Bid Size 100
Category Long-Short Equity
Crypto Tradeable 0
Currency USD
Custom Price Alert Confidence HIGH
Day High 74.8099
Day Low 74.43
Dividend Yield 0.89
Eps Trailing Twelve Months 2.8863182
Esg Populated 0
Exchange PCX
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fifty Day Average 74.09916
Fifty Day Average Change 0.5208435
Fifty Day Average Change Percent 0.007029007
Fifty Two Week Change Percent 13.437593
Fifty Two Week High 75.11
Fifty Two Week High Change -0.48999786
Fifty Two Week High Change Percent -0.0065237368
Fifty Two Week Low 65.56
Fifty Two Week Low Change 9.060005
Fifty Two Week Low Change Percent 0.1381941
Fifty Two Week Range 65.56 - 75.11
First Trade Date Milliseconds 1,410,269,400,000
Five Year Average Return 0.0990866
Full Exchange Name NYSEArca
Fund Family First Trust
Fund Inception Date 1,410,134,400
Gmt Off Set Milliseconds -14,400,000
Has Pre Post Market Data 1
Language en-US
Legal Type Exchange Traded Fund
Long Business Summary 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.
Long Name First Trust Long/Short Equity ETF
Market us_market
Market State POSTPOST
Max Age 86,400
Message Board Id finmb_264394805
Nav Price 74.57
Net Assets 2,406,825,220.0
Net Expense Ratio 1.38
Open 74.66
Phone (800) 621-1675
Post Market Change 0.0
Post Market Change Percent 0.0
Post Market Price 74.62
Post Market Time 1,783,976,700
Previous Close 74.71
Price Hint 2
Quote Type ETF
Region US
Regular Market Change -0.0899963
Regular Market Change Percent -0.120461
Regular Market Day High 74.8099
Regular Market Day Low 74.43
Regular Market Day Range 74.43 - 74.8099
Regular Market Open 74.66
Regular Market Previous Close 74.71
Regular Market Price 74.62
Regular Market Time 1,783,972,800
Regular Market Volume 88,000
Short Name First Trust Long/Short Equity
Source Interval 15
Symbol FTLS
Three Year Average Return 0.1410262
Total Assets 2,406,825,216
Tradeable 0
Trailing Annual Dividend Rate 0.0
Trailing Annual Dividend Yield 0.0
Trailing P E 25.853006
Trailing Peg Ratio None
Trailing Three Month Nav Returns 5.13088
Trailing Three Month Returns 5.13088
Triggerable 1
Two Hundred Day Average 71.68631
Two Hundred Day Average Change 2.933693
Two Hundred Day Average Change Percent 0.040924035
Type Disp ETF
Volume 88,000
Yield 0.0089
Ytd Return 4.11596