First Trust Long/Short Equity ETF

FTLS

Börsenwert 2,61 Mrd. $

First Trust Long/Short Eqty ETF has delivered repeatable alpha over a prolonged period, mostly achieved via variance reduction more than correlation drift. The fund uses non-proprietary forensic accounting and market-based variables to select assets, which shapes a good combination – I don't believe in a siloed approach to long/short investing. I deem its fees reasonable with management fees clocking in at 0.95% and total expense ratios not being materially higher. In addition, distributions are low-to-moderate.

FTLS delivers lower volatility than the S&P 500, with 8.46% annualized volatility versus nearly 13%, but this comes at the cost of upside participation. The long book tilts toward Tech while the short book skews toward smaller, less liquid, lower quality names, creating a structural drag versus momentum-driven markets. Since March 2026, the gap between FTLS and the S&P 500 has widened as momentum and multiple expansion favored lower quality, tech-heavy stocks.

WHEATON, Ill.--(BUSINESS WIRE)--First Trust Advisors L.P. ("FTA") announces the declaration of distributions for 142 exchange-traded fund(s) (each a “Fund,” collectively, the “Funds”) advised by FTA. The following dates apply to today's distribution declarations:   Expected Ex-Dividend Date: March 26, 2026 Record Date: March 26, 2026 Payable Date: March 31, 2026 Ticker Exchange Fund Name Frequency Ordinary Income Per Share Amount   ACTIVELY MANAGED EXCHANGE-TRADED FUNDS   First Trust Exchange-T.

First Trust Long/Short Equity ETF is an active ETF with 76% net long exposure. FTLS underperforms SPY on total and risk-adjusted returns but offers lower volatility and shallower drawdowns. Compared to peers, FTLS offers excellent downside protection but trails CLSE in risk-adjusted performance since March 2022.

WHEATON, Ill.--(BUSINESS WIRE)--First Trust Advisors L.P. ("FTA") announces the declaration of distributions for 156 exchange-traded fund(s) (each a “Fund,” collectively, the “Funds”) advised by FTA. The following dates apply to today's distribution declarations:   Expected Ex-Dividend Date: December 12, 2025 Record Date: December 12, 2025 Payable Date: December 31, 2025 Ticker Exchange Fund Name Frequency Ordinary Income Per Share Amount Short-Term Capital Gain Per Share Amount Long-Term Capit.

First Trust Long/Short Equity ETF remains a Buy for conservative and balanced investors seeking downside protection amid frothy market valuations. FTLS offers competitive returns with significantly lower volatility and superior downside protection compared to the S&P 500, making it ideal for risk-averse portfolios. While FTLS lags in up markets and has a high expense ratio (1.38%), its low beta and consistent risk-adjusted returns justify its inclusion for diversification.

WHEATON, Ill.--(BUSINESS WIRE)--First Trust Advisors L.P. ("FTA") announces the declaration of distributions for 146 exchange-traded fund(s) (each a “Fund,” collectively, the “Funds”) advised by FTA. The following dates apply to today's distribution declarations: Expected Ex-Dividend Date: September 25, 2025 Record Date: September 25, 2025 Payable Date: September 30, 2025 Ticker Exchange Fund Name Frequency Ordinary Income Per Share Amount Long-Term Capital Gain Per Share Amount   ACTIVELY MANA.

First Trust Long/Short Equity ETF (FTLS) is an active equity ETF whose long and short exposures may vary with market conditions. FTLS currently has a 66% net long exposure with a focus on consumer discretionary and technology, and solid fundamental metrics. Compared to competitors, FTLS shows compelling downside protection, although investors prioritizing risk-adjusted return may prefer CLS.

FTLS is a long/short ETF with a strong performance history, offering low volatility and shallow drawdowns, making it a robust alternative to SPY. The fund's active management and sectoral positioning allow it to capture upside while minimizing downside, outperforming in down markets. With the current high P/E ratios, switching from SPY to FTLS can help manage risk and limit potential losses during market corrections.

WHEATON, Ill.--(BUSINESS WIRE)--First Trust Advisors L.P. ("FTA") announces the declaration of distributions for 159 exchange-traded fund(s) (each a “Fund,” collectively, the “Funds”) advised by FTA. The following dates apply to today's distribution declarations:   Expected Ex-Dividend Date: December 13, 2024   Record Date: December 13, 2024   Payable Date: December 31, 2024 Ticker Exchange Fund Name Frequency Ordinary Income Per Share Amount Short-Term Capital Gain Per Share Amount Long-Term C.