First Trust Long/Short Equity FTLS
Source: Yahoo Finance (opens in a new tab) Observed · 1 day ago Quotes may be delayed
- Expense ratio
- 1.38%
- Net assets
- $2.5B
- Holdings
- 355
- 12-month distribution yield
- 0.86%
- Asset class
- Equity
First Trust Long/Short Equity (FTLS) is an exchange-traded fund listed on NYSE Arca in the United States, issued by First Trust. Its category is Equity · Global (equity). Its last price was US$77.20 on 20 Oct 2026. Its expense ratio is 1.38% a year, from its prospectus dated 2 Mar 2026. It reported net assets of US$2.49 billion as of 31 Jul 2026. Its latest holdings report lists 355 holdings as of 31 Jul 2026. Over the last 12 months it paid distributions of US$0.67 a unit, a 12-month distribution yield of 0.86%, paid quarterly.
Fees
- Total annual operating expenses (gross)
- 1.38%
- Net, after fee waivers or reimbursements
- No waiver stated
- Management fee
- 0.95%
- Prospectus date
- 2 Mar 2026
- Filed with the SEC
- 27 Feb 2026
Size and reporting
- Net assets
- $2,493,275,010
- Total assets
- $3,141,164,849
- Holdings as of
- 31 Jul 2026
- Report made public
- 24 Sep 2026 (55 days after the month end)
Top holdings
Largest 25 of 355 positions, as of 31 Jul 2026. Weight is the percent of net assets the fund reported.
| # | Holding | Identifier | Weight | Value (USD) | Type | Country | Currency |
|---|---|---|---|---|---|---|---|
| 1 | APPLE INC APPLE INC COM | US0378331005 | 7.02% | $175.0M | Equity (common) | United States | USD |
| 2 | DREYFUS GOVERNMENT CASH MANAGEMENT FUNDS DREYFUS GOVERNMENT CASH MANAGEMENT FUNDS SH BEN INT | US2620062081 | 4.86% | $121.2M | Short-term investment vehicles (cash funds) | United States | USD |
| 3 | MICROSOFT CORP MICROSOFT CORP COM | US5949181045 | 3.69% | $92.0M | Equity (common) | United States | USD |
| 4 | NVIDIA CORP NVIDIA CORP COM | US67066G1040 | 3.14% | $78.4M | Equity (common) | United States | USD |
| 5 | MASTERCARD INC MASTERCARD INC CL A | US57636Q1040 | 2.36% | $58.9M | Equity (common) | United States | USD |
| 6 | ALPHABET INC ALPHABET INC CAP STK CL A | US02079K3059 | 2.21% | $55.2M | Equity (common) | United States | USD |
| 7 | TAIWAN SEMICONDUCTOR MANUFACTURING COMPANY LTD TAIWAN SEMICONDUCTOR MANUFACTURING COMPANY LTD SPONSORED ADS | US8740391003 | 2.15% | $53.7M | Equity (common) | Taiwan | USD |
| 8 | SEAGATE TECHNOLOGY HOLDINGS PLC SEAGATE TECHNOLOGY HOLDINGS PLC ORD SHS | IE00BKVD2N49 | 2.12% | $52.7M | Equity (common) | Ireland | USD |
| 9 | CISCO SYSTEMS INC CISCO SYSTEMS INC COM | US17275R1023 | 1.96% | $48.9M | Equity (common) | United States | USD |
| 10 | WESTERN DIGITAL CORP WESTERN DIGITAL CORP COM | US9581021055 | 1.95% | $48.7M | Equity (common) | United States | USD |
| 11 | ABBVIE INC ABBVIE INC COM | US00287Y1091 | 1.74% | $43.3M | Equity (common) | United States | USD |
| 12 | CITIGROUP INC CITIGROUP INC COM NEW | US1729674242 | 1.73% | $43.1M | Equity (common) | United States | USD |
| 13 | AMAZON.COM INC AMAZON.COM INC COM | US0231351067 | 1.64% | $40.9M | Equity (common) | United States | USD |
| 14 | DELL TECHNOLOGIES INC DELL TECHNOLOGIES INC CL C | US24703L2025 | 1.50% | $37.4M | Equity (common) | United States | USD |
| 15 | META PLATFORMS INC META PLATFORMS INC CL A | US30303M1027 | 1.35% | $33.8M | Equity (common) | United States | USD |
| 16 | MERCK & COMPANY INC MERCK & COMPANY INC COM | US58933Y1055 | 1.33% | $33.1M | Equity (common) | United States | USD |
| 17 | SHOPIFY INC SHOPIFY INC CL A SUB VTG SHS | CA82509L1076 | 1.32% | $32.8M | Equity (common) | Canada | USD |
| 18 | VERIZON COMMUNICATIONS INC VERIZON COMMUNICATIONS INC COM | US92343V1044 | 1.30% | $32.5M | Equity (common) | United States | USD |
| 19 | ANALOG DEVICES INC ANALOG DEVICES INC COM | US0326541051 | 1.24% | $30.9M | Equity (common) | United States | USD |
| 20 | BANK OF AMERICA CORP BANK OF AMERICA CORP COM | US0605051046 | 1.22% | $30.3M | Equity (common) | United States | USD |
| 21 | BROADCOM INC BROADCOM INC COM | US11135F1012 | 1.20% | $30.0M | Equity (common) | United States | USD |
| 22 | T-MOBILE US INC T-MOBILE US INC COM | US8725901040 | 1.16% | $28.9M | Equity (common) | United States | USD |
| 23 | VALERO ENERGY CORP VALERO ENERGY CORP COM | US91913Y1001 | 1.11% | $27.7M | Equity (common) | United States | USD |
| 24 | PFIZER INC PFIZER INC COM | US7170811035 | 1.05% | $26.3M | Equity (common) | United States | USD |
| 25 | BERKSHIRE HATHAWAY INC BERKSHIRE HATHAWAY INC CL B NEW | US0846707026 | 1.00% | $24.9M | Equity (common) | United States | USD |
Breakdowns
Sums of reported weights over every position in the report. Totals can differ from 100% because of derivatives, borrowing and cash.
Asset type
| Type | Weight | Bar |
|---|---|---|
| Equity (common) | 68.18% | |
| Short-term investment vehicles (cash funds) | 4.86% | |
| Equity derivatives | -0.10% |
Country
| Country | Weight | Bar |
|---|---|---|
| United States | 65.82% | |
| Canada | 4.46% | |
| Taiwan | 2.15% | |
| Ireland | 1.71% | |
| Cayman Islands | -1.27% | |
| Netherlands | -0.78% | |
| Israel | 0.57% | |
| United Kingdom | 0.55% | |
| Switzerland | 0.52% | |
| Bermuda | -0.52% | |
| Luxembourg | 0.36% | |
| Australia | -0.18% | |
| Other (8) | -0.45% |
Currency exposure
| Currency | Weight | Bar |
|---|---|---|
| US dollar (USD) | 72.94% |
Sector
| Sector | Weight | Bar |
|---|---|---|
| Technology | 24.61% | |
| Health Care | 8.63% | |
| Finance | 7.21% | |
| Consumer Discretionary | 4.94% | |
| Telecommunications | 4.70% | |
| Real Estate | 4.24% | |
| Energy | 3.05% | |
| Industrials | 2.34% | |
| Consumer Staples | 1.92% | |
| Basic Materials | 1.03% | |
| Financial Services | 1.00% | |
| Utilities | 0.28% | |
| Unknown | 0.23% | |
| Miscellaneous | -0.05% |
Source: SEC Form N-PORT (opens in a new tab) Holdings as of
Distributions
- Paid in the last 12 months
- $0.6660
- 12-month yield
- 0.86%
- Frequency
- Quarterly
- Latest ex-date
- 24 Sep 2026
12-month yield = distributions per unit with an ex-date in the last 12 months ($0.6660) ÷ latest price ($77.20) × 100 = 0.86%. It looks back, so it is not a forecast; special distributions in the window are included.
Why a distribution yield is not the fund's return: yield vs total return
Distribution history table (18 payments)
| Ex-date | Amount per unit |
|---|---|
| 24 Sep 2026 | $0.1830 |
| 25 Jun 2026 | $0.2070 |
| 26 Mar 2026 | $0.0630 |
| 12 Dec 2025 | $0.2130 |
| 25 Sep 2025 | $0.1750 |
| 26 Jun 2025 | $0.2200 |
| 27 Mar 2025 | $0.1510 |
| 13 Dec 2024 | $0.2880 |
| 26 Sep 2024 | $0.2650 |
| 27 Jun 2024 | $0.3090 |
| 21 Mar 2024 | $0.1280 |
| 22 Dec 2023 | $0.2980 |
| 22 Sep 2023 | $0.2060 |
| 27 Jun 2023 | $0.2050 |
| 24 Mar 2023 | $0.1290 |
| 23 Dec 2022 | $0.3300 |
| 23 Sep 2022 | $0.0660 |
| 23 Dec 2021 | $0.0030 |
Filings and sources
- Form N-PORT report for July 2026 (opens in a new tab)
- Prospectus filing with the fee table (opens in a new tab)
- All SEC filings for this fund series (S000045700) (opens in a new tab)
- Nasdaq Trader symbol directory (opens in a new tab)
- Yahoo Finance quote and distributions (opens in a new tab)
- How the ETF figures are collected
Compare with
Largest funds in the same category:
- FTLS and VT Vanguard Total World Stock Index ETF
- FTLS and SMH VanEck Semiconductor ETF
- FTLS and SOXX iShares PHLX SOX Semiconductor Sector Index Fund
- FTLS and CGDV Capital Group Dividend Value ETF