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Wednesday, October 7, 2026The Morning Brief →Sign in
FTLSFIRST TRUST LONG/SHORT EQUITY ETF

FIRST TRUST LONG/SHORT EQUITY ETF

$77.78+0.03% vs prior close
687852-WK

Price through Oct 6, 2026 · Flows through unavailable. Figures use the latest available records, not a live quote. Fund details retrieved Oct 6, 2026. Holdings snapshot retrieved Oct 6, 2026.

Price & daily flows
77.476.976.477.78DAILY NET FLOWSep 8Sep 17Sep 25Oct 6

SOURCE: MARKET TAPE & DAILY CREATION/REDEMPTION RECORDS · 1M SHOWN

The desk’s read

Recent fund-flow records are unavailable, while the price has returned +9.6% so far this year.

COMPOSED FROM THE FUND’S OWN DAILY RECORDS · UPDATED WITH EACH REFRESH

$1.5Bassets under management
—expense ratio
—net flow, trailing month
162Kavg daily volume, 30 days
246holdings · US-domiciled
2023listed December 1, 2023 · beta 0.52
Sector weights
Technology27.75%
Technology Services21.71%
Cash21.59%
Consumer Discretionary21.37%
Information Technology20.06%
Financial Services17.16%
Electronic Technology16.99%
Other13.53%
Industrials11.01%
Financials10.85%
PORTFOLIO COMPOSITION, LATEST DISCLOSURE
Country weights
United States97.99%
Other27.16%
China2.08%
Luxembourg1.64%
Australia0.98%
Canada0.9%
South Africa0.76%
United Kingdom0.57%
PORTFOLIO COMPOSITION, LATEST DISCLOSURE
Performance
1 week+1.4%
1 month+1.2%
3 months+5.0%
6 months+10.3%
YTD+9.6%
1 year+11.0%
3 years—

PRICE RETURN, DISTRIBUTIONS NOT REINVESTED

Net flows
1 week—
1 month—
3 months—
YTD—
1 year—

CREATION/REDEMPTION DOLLARS, DAILY RECORDS

The risk read
6%realized volatility, 30 days (annualized)
8%realized volatility, 1 year
-3.8%deepest fall from a peak, 1 year
at peaklatest close versus that peak

VOLATILITY & DRAWDOWN FROM THE DAILY TAPE · CONCENTRATION FROM THE LATEST DISCLOSED BOOK

Options tape
—calls · latest snapshot
—puts · latest snapshot
—put/call ratio
265Kshares traded
The case against FTLS

Due diligence cuts both ways. These funds sit on the same shelf and beat FTLS on at least one dimension that matters — the fee, the asset base, or where the money is going.

FundFeeAssetsFlow, 1MThe case
IVV iShares Core S&P 500 ETF0.03%$896.9B+$21.7B598× the assets · +$21.7B in over the monthHead-to-head
SPY SPDR S&P 500 ETF Trust0.09%$818.5B+$2.1B546× the assets · +$2.1B in over the monthHead-to-head
XLK Technology Select Sector SPDR Fund0.09%$131.1B+$249M87× the assets · +$249M in over the monthHead-to-head
IVW iShares S&P 500 Growth ETF0.18%$80B+$175M53× the assets · +$175M in over the monthHead-to-head
SMH VanEck Semiconductor ETF0.35%$77.5B+$154M52× the assets · +$154M in over the monthHead-to-head
Sign in to save this to The RecordA timestamped copy for the file — documentation, not advice.
InstrumentsHarvest substitutesTrade cost at $1MClient tearsheetStress this fund
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