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First Trust Long/Short Equity ETF FTLS

Medalist Rating as of | See First Trust Investment Hub

Morningstar’s Analysis FTLS

Will FTLS outperform in future?

Get our overall rating based on a fundamental assessment of the pillars below.

The combination of a middling Process Pillar rating and a Below Average People Pillar rating limit First Trust Long/ Short Equity ETF to a Morningstar Medalist Rating of Neutral.

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Morningstar Manager Research


The portfolio maintains a cost advantage over competitors, priced within the second-lowest fee quintile among peers.

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Portfolio Holdings FTLS

  • Current Portfolio Date
  • Equity Holdings
  • Bond Holdings
  • Other Holdings
  • % Assets in Top 10 Holdings 26.3
Top 10 Holdings
% Portfolio Weight
Market Value USD


34.82 454.3 Mil
Cash and Equivalents

Microsoft Corp

4.52 59.0 Mil

Apple Inc

4.36 56.9 Mil


3.91 51.0 Mil
Technology Inc

2.43 31.8 Mil
Consumer Cyclical

Dreyfus Govt Cm Inst 289

2.37 30.9 Mil
Cash and Equivalents

Walmart Inc

1.96 25.6 Mil
Consumer Defensive

Netflix Inc

1.93 25.2 Mil
Communication Services

Johnson & Johnson

1.89 24.6 Mil

Citigroup Inc

1.81 23.6 Mil
Financial Services