First Trust Long/Short Equity ETF (FTLS)
- Expense ratio1.51%
- Net assets$2.63B
- Dividend yield0.87%
- 1-year return+13.62%
- Holdings515
FTLS ETF price chart
FTLS quote & trading statistics
FTLS performance
Total return · as of October 17, 2026- YTD+8.57%
- 1 year+13.62%
- 3 years+14.29%/yr
- 5 years+10.42%/yr
- 10 years+10.03%/yr
- 1Y volatility
- 5.27%
- 3Y volatility
- 6.67%
- 3Y Sharpe ratio
- 1.35
Returns include reinvested distributions; 3-, 5- and 10-year figures are annualized.
FTLS top 10 holdings
| # | Symbol | Name | Weight |
|---|---|---|---|
| 1 | NVDA | NVIDIA Corporation | 6.83% |
| 2 | AAPL | Apple Inc. | 6.12% |
| 3 | MSFT | Microsoft Corporation | 4.97% |
| 4 | GOOGL | Alphabet Inc Class A | 4.65% |
| 5 | AMZN | Amazon.com Inc | 2.90% |
| 6 | STX | Seagate Technology PLC | 1.85% |
| 7 | ADI | Analog Devices Inc | 1.54% |
| 8 | V | Visa Inc. Class A | 1.30% |
| 9 | META | Meta Platforms Inc. | 1.30% |
| 10 | MA | Mastercard Inc | 1.22% |
The top 10 holdings make up 32.7% of the fund (515 holdings in total). As of October 17, 2026.
About First Trust Long/Short Equity ETF
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.
FTLS ETF FAQ
What is the FTLS expense ratio?
First Trust Long/Short Equity ETF has a net expense ratio of 1.51%, or $151.00 a year for every $10,000 invested.
How much money is in FTLS?
First Trust Long/Short Equity ETF has about $2.63B in net assets.
What are the top holdings of FTLS?
The largest positions in FTLS are NVIDIA Corporation (6.83%), Apple Inc. (6.12%), Microsoft Corporation (4.97%). The fund holds 515 securities in total.
How has FTLS performed?
FTLS returned +13.62% over the past year and +10.42% a year over the past five years, including reinvested distributions.
Does FTLS pay dividends?
FTLS has a dividend yield of 0.87% and pays distributions na.
When was FTLS launched?
First Trust Long/Short Equity ETF began trading on September 8, 2014.
ETFs similar to FTLS
Funds that track the same index or whose top-10 holdings overlap most with FTLS's. Overlap: shared top-10 weight as a share of the larger top-10 total of the two funds.
| Symbol | Fund | Overlap | Expense ratio | Net assets | 1-year return |
|---|---|---|---|---|---|
| FTLS | First Trust Long/Short Equity ETF | — | 1.51% | $2.63B | +13.62% |
| GDE | WisdomTree Efficient Gold Plus Equity… | 77% | 0.19% | $455.4M | +5.64% |
| AFLG | First Trust Active Factor Large Cap ETF | 76% | 0.52% | $796.6M | +18.42% |
| AAEQ | Alpha Architect US Equity 2 ETF | 76% | — | $507.4M | — |
| AAUS | Alpha Architect US Equity ETF | 76% | — | $500.3M | +15.29% |
| AAUA | Alpha Architect US Equity 3 ETF | 76% | — | $361.6M | — |
| HDUS | Hartford Disciplined US Equity ETF | 76% | 0.18% | $111.9M | +16.42% |
| VTI | Vanguard Total Stock Market ETF | 75% | 0.03% | $691.47B | +16.44% |
| ISPY | ProShares S&P 500 High Income ETF | 74% | 0.53% | $1.16B | +12.40% |