FTLS:NYE-First Trust Long/Short Equity ETF (USD)

ETF | Long-Short Equity |

Last Closing

USD 63.09

Change

0.00 (0.00)%

Market Cap

USD 1.51B

Volume

0.12M

Analyst Target

N/A
Analyst Rating

Verdict

ducovest Verdict

Verdict

About

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.

Unadjusted Closing Price

Adjusted Closing Price

Share Volume

Relative Performance (Total Returns)

Compare
Relative Returns (From:    To: 2024-09-28 )

Largest Industry Peers for Long-Short Equity

Symbol Name Price(Change) Market Cap
PHDG Invesco S&P 500® Downside Hed..

N/A

USD 0.12B
HTUS Capitol Series Trust

N/A

USD 0.08B
CLIX ProShares Long Online/Short St..

N/A

USD 8.57M

ETFs Containing FTLS

N/A

Market Performance

  Market Performance vs. Industry/Classification (Long-Short Equity) Market Performance vs. Exchange
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
YTD  
Capital Gain 12.14% 50% F 62% D
Dividend Return N/A N/A N/A N/A N/A
Total Return 12.14% 50% F 62% D
Trailing 12 Months  
Capital Gain 18.70% 25% F 56% F
Dividend Return N/A N/A N/A N/A N/A
Total Return 18.70% 25% F 56% F
Trailing 5 Years  
Capital Gain 53.88% 75% C 73% C
Dividend Return N/A N/A N/A N/A N/A
Total Return 53.88% 75% C 73% C
Average Annual (5 Year Horizon)  
Capital Gain 9.60% N/A N/A 67% D+
Dividend Return 10.32% N/A N/A 62% D
Total Return 0.72% N/A N/A 17% F
Risk Return Profile  
Volatility (Standard Deviation) 8.34% N/A N/A 82% B
Risk Adjusted Return 123.74% N/A N/A 99% N/A
Market Capitalization 1.51B 100% F 63% D

Annual Financials (USD)

Quarterly Financials (USD)

Analyst Rating

Target Price Action Rating Action Analyst Rating Price Date

This is a composite scorecard based on the application of evaluation criteria deemed most important by analysts. This is not a buy or sell recommendation.

What to like:
Underpriced compared to earnings

The stock is trading low compared to its peers on a price to earning basis and is in the top quartile. It may be underpriced but do check its financial performance to make sure there is no specific reason.

High market capitalization

This is one of the largest entities in its sector and is among the top quartile. Such companies tend to be more stable.

What to not like:

There is nothing we particularly dislike