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First Trust Long/Short Equity ETF (FTLS)

Long-Short Equity | Exchange Traded Fund | NYSEArca
77.23 USD -0.29 (-0.374%) ⇩ (Oct. 15, 2026, 4 p.m. EDT)

Short-term:★★⯪☆☆Long-term:★★⯪☆☆Dividends:★★⯪☆☆
Hot Take ↕ | Oct. 10, 2026, 7:55 a.m. EDT

The immediate outlook remains neutral due to a lack of clear directional momentum; while the price is trading slightly above its 50-day average, the trailing 52-week range shows the asset is currently near its yearly peak, offering no obvious buffer against a pullback. Looking further ahead, the investment case lacks a compelling thesis as there is insufficient price history to evaluate the multi-year trajectory of the business, preventing an assessment of whether the market has consistently rewarded or punished the underlying strategy. On the income side, the yield sits at a modest 0.87%, which provides some return but falls well below typical inflation thresholds, making it unsuitable as a primary income vehicle.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
AutoTheta ✓0.014234
MSTL0.015995
AutoETS0.016311
AutoARIMA0.016318

Forecast horizon: 45 days | Selected: AutoTheta

Forecast Reliability
Score 73%
H-stat 2.27
Ljung-Box p 0.001
Jarque-Bera p 0.164
Excess Kurtosis 0.40
Attribute Value
Trailing P/E 23.71

Dividend Data

Yield Summary
Last Yield 1yr Yield 3yr Avg 5yr Avg
0.24% 0.91% 1.27% 1.13%
Dividend History
Date Dividend Yield %
2026-09-24 0.183 0.238281
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 0.87

Info Dump

Attribute Value
All Time High 78.11
All Time Low 22.32
Ask 81.65
Ask Size 200
Average Daily Volume10 Day 178,960
Average Daily Volume3 Month 141,126
Average Volume 141,126
Average Volume10Days 178,960
Beta3 Year 0.49
Bid 76.0
Bid Size 200
Category Long-Short Equity
Crypto Tradeable 0
Currency USD
Custom Price Alert Confidence HIGH
Day High 77.4799
Day Low 77.06
Display Name Long/Short Equity ETF
Dividend Yield 0.87
Eps Trailing Twelve Months 3.2570243
Esg Populated 0
Exchange PCX
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fifty Day Average 76.64308
Fifty Day Average Change 0.5869217
Fifty Day Average Change Percent 0.007657856
Fifty Two Week Change Percent 12.969982
Fifty Two Week High 78.11
Fifty Two Week High Change -0.87999725
Fifty Two Week High Change Percent -0.011266128
Fifty Two Week Low 68.45
Fifty Two Week Low Change 8.780006
Fifty Two Week Low Change Percent 0.12826891
Fifty Two Week Range 68.45 - 78.11
First Trade Date Milliseconds 1,410,269,400,000
Five Year Average Return 0.1058749
Full Exchange Name NYSEArca
Fullday Change -0.15999603
Fullday Change Percent -0.20679311
Fullday Price 77.23
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 77.51
Net Assets 2,568,276,740.0
Net Expense Ratio 1.38
Open 77.26
Phone (800) 621-1675
Previous Close 77.52
Price Hint 2
Quote Source Name Delayed Quote
Quote Type ETF
Region US
Regular Market Change -0.289993
Regular Market Change Percent -0.374088
Regular Market Day High 77.4799
Regular Market Day Low 77.06
Regular Market Day Range 77.06 - 77.4799
Regular Market Open 77.26
Regular Market Previous Close 77.52
Regular Market Price 77.23
Regular Market Time 1,792,094,400
Regular Market Volume 251,851
Short Name First Trust Long/Short Equity
Source Interval 15
Symbol FTLS
Three Year Average Return 0.1483946
Total Assets 2,568,276,736
Tradeable 0
Trailing Annual Dividend Rate 0.0
Trailing Annual Dividend Yield 0.0
Trailing P E 23.711828
Trailing Peg Ratio None
Trailing Three Month Nav Returns 4.23556
Trailing Three Month Returns 4.23556
Triggerable 1
Two Hundred Day Average 73.59058
Two Hundred Day Average Change 3.6394196
Two Hundred Day Average Change Percent 0.04945496
Type Disp ETF
Volume 251,851
Yield 0.0087
Ytd Return 8.52585