ducovest

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

ETF | Long-Short Equity |

Last Closing

USD 65.61

Change

+0.11 (+0.17)%

Market Cap

USD 1.63B

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.

Company Website : http://www.ftportfolios.com/

Currency: USD

Country : USA

Unadjusted Closing Price

Adjusted Closing Price

Share Volume

Relative Performance (Total Returns)

Compare
Relative Returns (From:    To: 2024-11-13 )

Largest Industry Peers for Long-Short Equity

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

+0.36 (+0.96%)

 USD 0.11B
HTUS Capitol Series Trust

+0.06 (+0.12%)

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

+0.05 (+0.11%)

 USD 8.98M

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 16.62% 50% F 67% D+
Dividend Return 1.25% 67% D+ 23% F
Total Return 17.87% 50% F 64% D
Trailing 12 Months  
Capital Gain 19.27% 50% F 60% D-
Dividend Return 1.82% 75% C 25% F
Total Return 21.09% 50% F 56% F
Trailing 5 Years  
Capital Gain 56.40% 75% C 72% C
Dividend Return 5.19% 33% F 12% F
Total Return 61.59% 75% C 69% C-
Average Annual (5 Year Horizon)  
Capital Gain 10.04% 75% C 66% D+
Dividend Return 10.76% 75% C 62% D
Total Return 0.72% 50% F 18% F
Risk Return Profile  
Volatility (Standard Deviation) 8.46% 100% F 83% B
Risk Adjusted Return 127.21% 100% F 99% N/A
Market Capitalization 1.63B 100% F 64% 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:
Superior risk adjusted returns

This stock has performed well, on a risk adjusted basis, compared to its sector peers(for a hold period of at least 12 months) and is in the top quartile.

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 dividend returns

The stock has outperformed its sector peers on average annual dividend returns basis in the past 5 years (for a hold period of at least 12 months) and is in the top quartile. This can be a good buy, especially if it is outperforming on total return basis , for investors seeking high income yields.

Low volatility

The stock’s annual returns have been stable and consistent compared to its sector peers(for a hold period of at least 12 months) and is in the top quartile. Although stability is good, also keep in mind it can limit returns.

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:
Below median total returns

The company has under performed its peers on annual average total returns in the past 5 years.