FTLS — First Trust Long/Short Equity ETF
Data updated: 2026-06-22
FTLS — First Trust Long/Short Equity ETF data: holdings, portfolio allocation, expenses, performance, cashflows, risk and SEC filings. United States Large Cap Blend / Core Equity · $2.30B AUM · 1.38% expense ratio · 17.0% 1-yr return. From SEC regulatory filings.
FTLS Fund Overview
FTLS — First Trust Long/Short Equity ETF is a US ETF managed by First Trust Exchange-Traded Fund III, categorised as United States Large Cap Blend / Core Equity. ABC INVEST provides holdings, performance, costs, cashflows, risk data, prospectus documents and SEC filings, sourced from SEC filings.
- Type: US ETF
- Manager: First Trust Exchange-Traded Fund III
- Category: United States Large Cap Blend / Core Equity
- Assets under management: $2.30B
- 1-year return: 17.0%
- Ticker: FTLS
- SEC CIK: 0001424212
- SEC series ID: S000045700
- Share class ID: C000142474
FTLS Holdings
Top 10 holdings of First Trust Long/Short Equity ETF by percentage of net assets, from the fund's latest SEC N-PORT filing.
| Holding | % of net assets |
|---|---|
| Apple, Inc. | 5.89% |
| NVIDIA Corp. | 3.45% |
| Microsoft Corp. | 3.21% |
| Alphabet, Inc. | 2.68% |
| Jp Morgan Chase & Company | 2.46% |
| Bank Of America Corp. | 2.39% |
| Asml Holding NV | 2.35% |
| Berkshire Hathaway, Inc. | 2.12% |
| Qualcomm, Inc. | 2.04% |
| Costco Wholesale Corp. | 1.98% |
FTLS Portfolio Allocation
Asset-class allocation of First Trust Long/Short Equity ETF by percentage of net assets, from the latest SEC N-PORT filing.
| Asset class | Allocation |
|---|---|
| Equity | 96.3% |
| Cash & Equivalents | 1.7% |
FTLS Performance
Total returns for FTLS (as of 2026-08-01), from SEC filings.
| Period | Total return |
|---|---|
| YTD | 3.8% |
| 1 year | 17.0% |
| 3 years (annualised) | 14.2% |
| 5 years (annualised) | 10.6% |
FTLS Risk Information
Risk metrics for FTLS, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 6.1%
FTLS Costs and Fees
FTLS costs about $138 per $10,000 invested per year in fund expenses.
- Net expense ratio: 1.38%
- Gross expense ratio: 1.38%
- Portfolio turnover: 245%
- Brokerage commissions: 8.35 bps of average net assets (SEC N-CEN)
FTLS Cashflows
Over the 12 months to 2026-04, First Trust Long/Short Equity ETF had net inflows of $66.10M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2026-04 | $29.11M |
| 2026-03 | $16.92M |
| 2026-02 | −$7.33M |
| 2026-01 | $21.36M |
| 2025-12 | $31.41M |
| 2025-11 | $21.13M |
FTLS Debt Constituents
No individual debt constituents are reported in First Trust Long/Short Equity ETF's latest SEC N-PORT filing.
FTLS Prospectus and SEC Filings
Official First Trust Long/Short Equity ETF filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
Related Funds
Other United States Large Cap Blend / Core Equity funds tracked on ABC INVEST:
Data Sources
ABC INVEST compiles this page from public filings made to the U.S. Securities and Exchange Commission (SEC) through EDGAR: portfolio holdings and monthly cashflows from Form N-PORT, expenses and returns from fund prospectuses (Form 485BPOS) and the SEC DERA Risk/Return Summary data sets, annual data from Form N-CEN, and shareholder reports from Form N-CSR.