First Trust LongShort Etf Performance

FTLS Etf  USD 69.51  -0.59  -0.84%   
The etf maintains a market beta of 0.52, which means possible diversification benefits within a given portfolio. As returns on the market increase, First Trust's returns are expected to increase less than the market. However, during a bear market, the loss from holding First Trust is expected to be smaller as well.
Risk-Adjusted Performance
Weak
 
Weak
 
Strong
Over the last 90 days, First Trust LongShort generated negative risk-adjusted returns and added little value for investors with long positions. Used correctly, this score helps investors distinguish between raw price movement and actual return efficiency. In spite of comparatively stable essential indicators, First Trust is not utilizing all of its potential. The recent price uproar may contribute to short-horizon losses for private investors. Learn More

Relative Risk vs. Return Landscape

If you had invested $ 7,106 in First Trust LongShort on December 19, 2025 and sold it today you would have lost $ 155.00 from holding First Trust LongShort or given up 2.18% of portfolio value over 90 days. First Trust LongShort does not currently generate positive expected returns and carries 0.5415% risk (volatility on return distribution) over a 90-day horizon. In different words, 4% of etfs are less volatile than First, and 99% of all traded equity instruments are projected to make higher returns than the ETF over the 90 days investment horizon.
  Expected Return   
       Risk  
This benchmark view frames the instrument through return capture and volatility trade-offs. It is most useful when expected return is read together with volatility rather than in isolation. Given the investment horizon of 90 days First Trust is expected to generate 0.66 times more return on investment than the market. However, the ETF is 1.52 times less risky than the market. It trades about -0.07 of its potential returns per unit of risk. The Dow Jones Industrial is currently generating roughly -0.08 per unit of risk.

Historical Prices of First Trust LongShort

Below is the normalized historical share price chart for First Trust LongShort extending back to September 09, 2014. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of First Trust stands at 69.51, as last reported on the 19th of March, with the highest price reaching 70.05 and the lowest price hitting 69.46 during the day.
Macro event markers
 
Yuan Drop
 
Covid
 
Interest Hikes

Target Price Odds to finish over Current Price

The mean-reverting behavior of First Etf price is a cornerstone of quantitative forecasting. While this pattern has been used by investors since the earliest organized markets, research also shows that certain ETFs remain mispriced until demand-supply dynamics shift, suggesting embedded risk premiums.
Current PriceHorizonTarget PriceOdds moving above the current price in 90 days
69.51 90 days 69.51
close to 99
Probability analysis for this ETF suggests that the odds of First Trust moving above the current price in 90 days from now are close to 99 (This density function estimates how First Etf price is distributed across a range of outcomes over the next 90 days).
Given the investment horizon of 90 days First Trust has a beta of 0.52. This usually indicates as returns on the market go up, First Trust's average returns are expected to increase less than the benchmark. However, during a bear market, the loss from holding First Trust LongShort is expected to be smaller as well. Additionally, First Trust LongShort has a negative alpha, implying that the risk taken by holding this instrument is not justified. The ETF is significantly underperforming the Dow Jones Industrial.
   First Trust Price Density   
       Price  

Predictive Modules for First Trust

For First Trust LongShort, multiple forecasting techniques can provide different perspectives on future price direction. While accurately predicting the ETF market remains difficult, the discipline of building and testing forecasts is a valuable part of any investment process. Unexpected events can always change market sentiment, making diversified forecasting approaches especially important.
The mean reversion effect in First Trust is stronger when the initial deviation was driven by sentiment rather than fundamental change. Identifying the root cause of First Trust's price dislocation is essential before acting.
Hype
Prediction
LowEstimatedHigh
68.9669.5170.06
Details
Intrinsic
Valuation
LowRealHigh
69.2969.8470.39
Details
Naive
Forecast
LowNextHigh
68.8969.4469.98
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
69.6170.7471.88
Details
Competitive positioning is a critical dimension of First Trust analysis. Understanding where First Trust LongShort stands relative to its peers on returns, growth, and valuation helps investors assess whether its advantage is sustainable.

Primary Risk Indicators

Over recent decades, the etf market has seen multiple large corrections and recoveries. First Trust has followed this pattern, with price swings that have shaped many portfolios. Investors holding First Trust LongShort can reduce exposure to these swings by tracking First Trust's volatility and fundamental risk indicators.
α
Alpha over Dow Jones
-0.0009
β
Beta against Dow Jones0.52
σ
Overall volatility
0.56
Ir
Information ratio 0.07

Investor Alerts and Insights

Monitoring First Trust alerts is a practical approach to staying informed about material ETF changes. These notifications for First Trust LongShort cover developments in both technical signals and fundamental conditions relevant to investment timing.
First Trust generated a negative expected return over the last 90 days
Latest headline from thelincolnianonline.com: First Trust Long Short Equity ETF Short Interest Update

First Trust Fundamentals Growth

The market value of First Etf depends on how investors perceive First Trust's financial strength and growth potential. Core fundamentals including revenue growth, earnings quality, and debt management directly influence First Etf performance.

Performance Metrics & Calculation Methodology

First Trust performance is typically evaluated relative to its benchmark and tracking difference over time. Upside capture and downside containment can vary by regime.

Unless otherwise specified, data for First Trust LongShort is compiled from fund disclosures and market reference feeds and standardized for comparability. Updates may occur throughout the day. Return and risk statistics are calculated from historical price series.

This content is curated and reviewed by:

Gabriel Shpitalnik - Member of Macroaxis Editorial Board
Last reviewed on March 10th, 2026