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ETF NYSE Arca USD

First Trust Equity Market Neutral ETF NTRL

Issuer: First Trust SEC registrant: First Trust Exchange-Traded Fund III Derivatives-based
Watch NTRL (sign in) Add to portfolio (NTRL) Set an alert for NTRL Compare NTRL with other ETFs Position size calculator for NTRL at 21.1592 USD

How position sizing works
Last price 21.16 USD Change: Unchanged 0.00 Percent change: Unchanged 0.00%

Source: Yahoo Finance (opens in a new tab) Observed · 1 day ago Quotes may be delayed

Expense ratio
0.95%
Prospectus 22 Jun 2026
Net assets
$16.3M
As of 31 Jul 2026
Holdings
17
As of 31 Jul 2026
12-month distribution yield
5.48%
Yearly
Asset class
Derivatives-based
From holdings

First Trust Equity Market Neutral ETF (NTRL) is an exchange-traded fund listed on NYSE Arca in the United States, issued by First Trust. Its category is Derivatives-based. Its last price was US$21.16 on 20 Oct 2026. Its expense ratio is 0.95% a year, from its prospectus dated 22 Jun 2026. It reported net assets of US$16.26 million as of 31 Jul 2026. Its latest holdings report lists 17 holdings as of 31 Jul 2026. Over the last 12 months it paid distributions of US$1.16 a unit, a 12-month distribution yield of 5.48%, paid yearly.

General information only: nothing on TakeProfits takes into account your objectives, financial situation or needs, and it isn't personal financial advice or a recommendation to buy or sell anything. Consider whether it suits you and get advice from a licensed adviser before acting. Market data may be delayed and comes from third-party sources.

Fees

Total annual operating expenses (gross)
0.95%
Net, after fee waivers or reimbursements
No waiver stated
Management fee
0.95%
Prospectus date
22 Jun 2026
Filed with the SEC
18 Jun 2026

Source: SEC prospectus risk/return data sets (opens in a new tab) Filed

Size and reporting

Net assets
$16,259,119
Total assets
$16,528,250
Holdings as of
31 Jul 2026
Report made public
22 Sep 2026 (53 days after the month end)

Net assets are for the whole fund series, which for some funds (Vanguard's, for example) also includes mutual fund share classes.

Source: SEC Form N-PORT (opens in a new tab) Filed

Top holdings

Largest 17 of 17 positions, as of 31 Jul 2026. Weight is the percent of net assets the fund reported.

NTRL top holdings as of 31 Jul 2026
# Holding Identifier Weight Value (USD) Type Country Currency
1 DREYFUS GOVERNMENT CASH MANAGEMENT FUNDS DREYFUS GOVERNMENT CASH MANAGEMENT FUNDS SH BEN INT US2620062081 82.74% $13.5M Short-term investment vehicles (cash funds) United States USD
2 MORGAN STANLEY INSTITUTIONAL LIQUIDITY FUNDS MORGAN STANLEY INSTITUTIONAL LIQUIDITY FUNDS TREAS PTF INST US61747C5821 0.87% $142K Short-term investment vehicles (cash funds) United States USD
3 BNP PARIBAS TRS BNPFTUSO INDEX No identifier reported 0.82% $133K Equity derivatives France USD
4 CITIGROUP INC. TRS CGFT005S INDEX No identifier reported 0.58% $94K Equity derivatives United States USD
5 CITIGROUP INC. TRS CGFT005L INDEX No identifier reported 0.53% $87K Equity derivatives United States USD
6 BNP PARIBAS TRS BNPFTULO INDEX No identifier reported 0.49% $80K Equity derivatives France USD
7 JPMORGAN CHASE BANK, NATIONAL ASSOCIATION TRS JPFTUSL2 INDEX No identifier reported -0.25% -$40K Equity derivatives United States USD
8 JPMORGAN CHASE BANK, NATIONAL ASSOCIATION TRS JPFTUSS2 INDEX No identifier reported 0.22% $36K Equity derivatives United States USD
9 ABIOMED INC ABIOMED INC USD0.01 SUBS RTS US003CVR0169 0.00% $0 Equity (common) United States USD
10 89BIO INC 89BIO CONTINGENT No identifier reported 0.00% $0 Equity (common) United States USD
11 WALGREENS BOOTS ALLIANCE INC No identifier reported 0.00% $0 Equity (common) United States USD
12 ICOSAVAX INC ICOSAVAX INC CVR US451CVR0216 0.00% $0 Equity (common) United States USD
13 METSERA INC CONTRA METSERA No identifier reported 0.00% $0 Equity (common) United States USD
14 HOLOGIC INC HOLOGIC INC- CVR US436CVR0216 0.00% $0 Equity (common) United States USD
15 PARAGON 28 INC PARAGON 28 INC CVR US609CVR0225 0.00% $0 Equity (common) United States USD
16 MIRATI THERAPEUTICS INC CONTRA MIRATI US604CVR0279 0.00% $0 Equity (common) United States USD
17 CHINOOK THERAPEUTICS INC CHINOOK THERAPEUTICS INC SHS US169CVR0169 0.00% $0 Equity (common) United States USD

Source: SEC Form N-PORT (opens in a new tab) Made public Holdings as of 31 Jul 2026

All 17 stored holdings

Breakdowns

Sums of reported weights over every position in the report. Totals can differ from 100% because of derivatives, borrowing and cash.

Warning: Uses derivatives

Derivative contracts in this report have a combined notional amount of 360% of net assets. The weights here show each contract's reported value, not the exposure it creates.

Asset type

Asset type by weight
TypeWeightBar
Short-term investment vehicles (cash funds) 83.61%
Equity derivatives 2.39%
Equity (common) 0.00%

Country

Country by weight
CountryWeightBar
United States 84.69%
France 1.31%

The country each issuer is assigned to in the report.

Currency exposure

Currency exposure by weight
CurrencyWeightBar
US dollar (USD) 86.00%

The currency each holding is denominated in. Currency hedges are not netted off, so a hedged fund still shows its holdings' currencies.

Sector

Sector weights for holdings matched to listed stocks
SectorWeightBar
Retail Trade 0.00%
Health Technology 0.00%

Partial coverage: sectors are known for 0.0% of net assets, the holdings matched by CUSIP or ticker to US stocks listed on this site. The rest is not assigned a sector.

Source: SEC Form N-PORT (opens in a new tab) Holdings as of

Distributions

Paid in the last 12 months
$1.1590
1 payment per unit
12-month yield
5.48%
Distributions only, not total return
Frequency
Yearly
From the gaps between ex-dates
Latest ex-date
24 Sep 2026

12-month yield = distributions per unit with an ex-date in the last 12 months ($1.1590) ÷ latest price ($21.16) × 100 = 5.48%. 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 (10 payments)
NTRL distributions per unit by ex-date
Ex-dateAmount per unit
24 Sep 2026$1.1590
12 Dec 2025$0.1330
25 Sep 2025$0.4890
13 Dec 2024$0.1940
26 Sep 2024$0.1620
27 Jun 2024$0.0650
22 Dec 2023$0.1480
22 Sep 2023$0.2490
27 Jun 2023$0.0460
23 Dec 2022$0.2000

Source: Yahoo Finance (opens in a new tab) Checked · 2 days ago Amounts are adjusted for later unit splits

Filings and sources

Compare with

Largest funds in the same category:

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How ETF overlap is measured, with a worked example

IMPORTANT FINANCIAL DISCLAIMER: The information provided on this platform is for educational and informational purposes only and should not be construed as investment advice. All investments involve risk, including potential loss of principal. Past performance does not guarantee future results. Take Profits is not a registered investment advisor and does not provide personalized investment advice. Users should conduct their own research and consult with qualified financial professionals before making investment decisions. Market data may be delayed and is provided by third-party sources.

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