| Fund Description |
| The Funds investment objective is to seek to provide investors with long term total return. The Fund intends to pursue its investment objective by establishing long and short positions in a portfolio of Equity Securities. The fund will seek to systematically provide long exposure to high quality earnings stocks and short exposure to lower quality earnings stocks. The fund may invest up to 20% of its net assets (plus the amount of any borrowing for investment purposes) in U.S. exchange-listed equity index futures contracts. These futures contracts will be used to gain long or short exposure to broad based equity indexes. |
| Fund Profile |
| Fund Name |
First Trust Long/Short Equity ETF |
| Fund Exchange Ticker |
FTLS |
| Fund Sponsor |
First Trust |
| Fund ISIN |
US33739P1030 |
| Net Expense Ratio |
1.60 % |
| Fund Inception Date |
8 September 2014 |
| Fund Legal Structure |
ETF (Open end fund) |
| Exchange |
NYSE Arca |
| Listing Country Code |
US |
| Fund Investment Objective |
| ETF Type Specific |
Global or ExUS Equities - Quant Strat |
| Asset Class |
Equities (Stocks) |
| Index Linked |
Active |
| Index Name |
Not Applicable |
| Index Provider |
Not Applicable |
| Currency Hedged |
No |
| Inverse / Leveraged |
Not Applicable |
| Developed / Emerging |
Funds Combining Developed & Emerging Exposure |
| Market Capitalization Range |
Broad Market / Multi-Cap |
| Growth Value |
Core / Blend |
| Continent |
Not Applicable |
| Key Statistics |
| Return As of Date |
31 July 2020 |
| Asset Under Management |
285.88 Million (USD) |
| 1 Month Total Return |
5.03 % |
| Year To Date Return |
0.87 % |
| 1 Year Total Return |
6.09 % |
| 3 Year Annualized Total Return |
6.36 % |
| NAV |
42.99 |
| Share Outstanding |
6,650,000 |