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

ETF | Long-Short Equity | NYE

Last Closing Price

USD 43.03

Change

0.00 (0.00)%

Market Cap

USD 0.27B

Volume

0.03M

Average Target Price

N/A
Average Analyst Rating

N/A

Fundamental Analysis

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.

Technical Indicators

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: 2020-08-02 )

Largest Industry Peers for Long-Short Equity

Symbol Name Mer Price(Change) Market Cap
CLIX ProShares Long Online/Short St.. 0.65 %

N/A

USD0.19B
PHDG Invesco S&P 500 Downside Hedge.. 0.39 %

N/A

USD0.06B
JPED JPMorgan Event Driven ETF 0.85 %

N/A

USD0.03B
HTUS Hull Tactical US ETF 0.97 %

N/A

USD0.02B
JPLS JPMorgan Long/Short ETF 0.69 %

N/A

USD0.02B
QLS IQ Hedge Long/Short Tracker ET.. 0.67 %

N/A

USD0.01B
VQT Barclays ETN+ S&P VEQTOR ETN 0.95 %

N/A

USD0.01B
DIVA AGFiQ Hedged Dividend Income F.. 1.10 %

N/A

USD3.08M
USHG AGFiQ Dynamic Hedged U.S. Equi.. 0.87 %

N/A

USD2.75M

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 0.75% 38% F 73% C
Dividend Return N/A N/A N/A N/A N/A
Total Return 0.75% 38% F 70% C-
Trailing 12 Months  
Capital Gain 6.01% 38% F 75% C
Dividend Return N/A N/A N/A N/A N/A
Total Return 6.01% 38% F 72% C-
Trailing 5 Years  
Capital Gain 32.20% 100% A+ 75% C
Dividend Return 3.42% 20% F 12% F
Total Return 35.61% 100% A+ 68% D+
Average Annual (5 Year Horizon)  
Capital Gain 6.63% 100% A+ 66% D
Dividend Return 0.72% 20% F 18% F
Total Return 7.35% 100% A+ 56% F
Risk Return Profile  
Volatility (Standard Deviation) 6.38% 40% F 87% B+
Risk Adjusted Return 115.24% 100% A+ 87% B+
Market Capitalization 0.27B 100% A+ 37% 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

Fundamental Analysis Breakdown

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.

What to not like:
High volatility

The total returns for this company are volatile and above median for its sector over the past 5 years. Make sure you have the risk tolerance for investing in such stock.

Below median total returns

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