See what your fund actually adds

First Trust Long/Short Equity FTLS

Historical return decomposition and an investable replication portfolio, using data through 2026-10-09.

Fund and replication metrics

FTLS compared with its replication portfolio
MeasureFTLSReplication
Annualized growth10.6%8.7%
Annualized volatility8.9%9.0%
Sharpe ratio1.180.97
Maximum drawdown10.3%16.2%
Replication fit (R²)0.76 · Tracking error 4.3%

Replication portfolio

The published portfolio below is the investable basket used to model FTLS’s historical return behavior.

FTLS replication basket weights
TickerBuilding blockWeight
WTMFAlternatives · Mgt Futures37.9%
SPHYFI · High Yield25.1%
SPHQFactor · Quality15.2%
VUGStyle · Growth11.4%
MTUMFactor · Momentum10.4%