FTLS ETF Analysis: Long/Short Equity | NYSE
Long-Short Equity | NYSE, USA | Market Cap: 2.565m USD | 12M Return: 11.9% | US33739P1030 | Charts, Fundamentals & Technical Analysis
Avg Turnover: 9.14M
Warnings
No concerns identified
Tailwinds
No distinct edge detected
Seasonality 11.7 years of data
How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, >40 gets interesting and >55 is strong.
FTLS is an actively managed long-short equity ETF that invests primarily in U.S. exchange-listed stocks and ETFs, allocating at least 80% of net assets to these securities while maintaining both long and short positions to capture returns from relative price movements. Up to 20% of net assets may be held in U.S. equity index futures, which can be used for hedging or to adjust market exposure efficiently without trading individual securities.
Long-short equity strategies pair long positions in stocks expected to rise with short positions in stocks expected to decline, often aiming for lower correlation to broad market performance than traditional long-only approaches. Equity index futures are commonly used in this structure to manage overall net market exposure or hedge against systematic risk.
- Rising Fed rates increase short position borrowing costs
- AUM inflows expand management fee revenue base
- Equity volatility widens stock dispersion boosting long-short returns
As of September 27, 2026, the stock is trading at USD 77.02 with a total of 207,521 shares traded. Over the past week, the price has changed by +0.72%, over one month by +1.18%, over three months by +5.04% and over the past year by +11.88%.
Current recommended Stop Loss: 76.30 (which is 0.9% or 1.4 ATR below the current price).
Long/Short Equity has no consensus analysts rating.