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

ETF | Long-Short Equity | NYE

Last Closing Price

USD 42.33

Change

0.00 (0.00)%

Market Cap

USD 0.26B

Volume

0.02M

Average Target Price

N/A
Average Analyst Rating

N/A

STA Verdict

Verdict

About

The investment seeks to provide investors with long-term total return. 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.

Market Stats

Unadjusted Closing Price

Adjusted Closing Price

Assets

N/A

Top Sectors

N/A

Top Regions

N/A

Valuation Growth & Performance

Share Volume

Relative Performance (Total Returns)

Compare
Relative Returns (From:    To: 2019-12-07 )

Largest Industry Peers for Long-Short Equity

Symbol Name Mer Price(Change) Market Cap
AGGP IQ Enhanced Core Plus Bond U.S.. 0.21 %

N/A

USD0.09B
HTUS Hull Tactical US ETF 0.91 %

N/A

USD0.05B
PHDG Invesco S&P 500 Downside Hedge.. 0.38 %

N/A

USD0.02B
DIVA AGFiQ Hedged Dividend Income F.. 1.00 %

N/A

USD4.88M

ETFs Containing FTLS

Symbol Name Weight Mer Price(Change) Market Cap

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 14.13% 80% B- 50% F
Dividend Return 0.49% 25% F 5% F
Total Return 14.61% 80% B- 45% F
Trailing 12 Months  
Capital Gain 11.42% 100% A+ 57% F
Dividend Return 0.78% 20% F 10% F
Total Return 12.20% 100% A+ 51% F
Trailing 5 Years  
Capital Gain 34.69% 100% A+ 73% C
Dividend Return 4.19% 50% F 14% F
Total Return 38.87% 100% A+ 66% D
Average Annual (5 Year Horizon)  
Capital Gain 5.57% 100% A+ 67% D+
Dividend Return 0.76% 20% F 18% F
Total Return 6.33% 100% A+ 58% F
Risk Return Profile  
Volatility (Standard Deviation) 6.49% 60% D- 86% B
Risk Adjusted Return 97.50% 100% A+ 87% B+
Market Capitalization 0.26B 100% A+ 51% F
Letter Grade Percentage Letter Grade Percentage Letter Grade Percentage
A+ 97%-100% A 93%-96% A- 90%-92%
B+ 97%-89% B 83%-86% B- 80%-82%
C+ 77%-79% C 73%-76% C- 70%-72%
D+ 67%-69% D 63%-66% D- 60%-62%
F 0%-59%

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:
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.

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.

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.

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.

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.