FTLS vs. BTAL ETF Comparison

Comparison of First Trust Long/Short Equity (FTLS) to QuantShares U.S. Market Neutral Anti Beta Fund ETF (BTAL)
FTLS

First Trust Long/Short Equity

FTLS Description

The investment seeks to provide investors with long-term total return. Under normal circumstances, at least 80% of the fund's assets (plus the amount of any borrowing for investment purposes) will be exposed to U.S. exchange-listed equity securities of U.S. and foreign companies by investing in such securities directly and/or in U.S. exchange-traded funds ("ETFs") that provide exposure to such securities. It 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. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$63.23

Average Daily Volume

132,296

Number of Holdings *

453

* may have additional holdings in another (foreign) market
BTAL

QuantShares U.S. Market Neutral Anti Beta Fund ETF

BTAL Description The investment seeks performance results that correspond to the price and yield performance, before fees and expenses, of the Dow Jones U.S. Thematic Market Neutral Anti-Beta Index. The fund invests at least 80% of its net assets (plus any borrowings for investment purposes) in common stock, including the short positions, in the Target Anti-Beta Index. The Target Anti-Beta Index is a market neutral index that is dollar-neutral. As such, it identifies long and short securities positions of approximately equal dollar amounts. In choosing to track a market neutral index, the fund seeks to limit the effects of general market movements on the fund.

Grade (RS Rating)

Last Trade

$19.40

Average Daily Volume

295,040

Number of Holdings *

388

* may have additional holdings in another (foreign) market
Performance
Period FTLS BTAL
30 Days 2.88% 0.47%
60 Days 4.30% 2.73%
90 Days 3.82% 7.57%
12 Months 22.87% 2.73%
119 Overlapping Holdings
Symbol Grade Weight in FTLS Weight in BTAL Overlap
ADC B -0.07% 0.43% -0.07%
AGL D -0.03% 0.45% -0.03%
ALB F -0.23% -0.32% -0.32%
ALIT F -0.13% -0.39% -0.39%
AR D 0.21% -0.4% -0.4%
ASGN D 0.05% 0.39% 0.05%
AVGO B 1.02% -0.49% -0.49%
AVT C 0.06% 0.39% 0.06%
AXS C 0.08% 0.42% 0.08%
BG B 0.38% 0.42% 0.38%
BLD C 0.25% -0.39% -0.39%
BMY F 1.62% 0.42% 0.42%
CACC B -0.04% 0.4% -0.04%
CACC B -0.06% 0.4% -0.06%
CACI B 0.1% 0.44% 0.1%
CAR F -0.11% -0.4% -0.4%
CCL C -0.34% -0.5% -0.5%
CE F -0.11% -0.38% -0.38%
CF F 0.43% 0.39% 0.39%
CFLT C -0.14% 0.41% -0.14%
CG C -0.1% -0.39% -0.39%
CHD C 0.27% 0.41% 0.27%
CHE D 0.11% 0.39% 0.11%
CHH C -0.09% 0.43% -0.09%
CHK D -0.17% -0.39% -0.39%
CI D 1.12% 0.41% 0.41%
CLVT F -0.03% -0.41% -0.41%
CMG D 1.47% 0.32% 0.32%
CNC D 0.47% 0.39% 0.39%
COTY D -0.12% -0.39% -0.39%
CPB B 0.25% 0.42% 0.25%
CVNA C -0.33% -0.53% -0.53%
DAL D 0.91% -0.41% -0.41%
DBX F 0.24% 0.41% 0.24%
DD B 0.38% 0.4% 0.38%
DECK C 0.78% 0.41% 0.41%
DKNG F -0.26% -0.43% -0.43%
EG D 0.26% 0.39% 0.26%
ELV C 1.07% 0.44% 0.44%
EXAS F -0.16% -0.4% -0.4%
EXP F 0.14% -0.4% -0.4%
FANG B 0.06% 0.41% 0.06%
FFIN D -0.02% -0.41% -0.41%
FLO D 0.06% 0.4% 0.06%
FND F -0.16% -0.37% -0.37%
FOXA A -0.11% 0.42% -0.11%
FYBR C -0.11% -0.35% -0.35%
GD D -0.69% 0.42% -0.69%
GILD C 1.11% 0.44% 0.44%
GLPI B -0.07% 0.42% -0.07%
GLW A -0.44% 0.45% -0.44%
HIG C 0.37% 0.42% 0.37%
HPQ B 0.52% 0.43% 0.43%
HRB C 0.13% 0.45% 0.13%
HUM C -0.3% 0.45% -0.3%
IOT C -0.14% -0.36% -0.36%
JNJ F 1.87% 0.42% 0.42%
KRC D -0.04% -0.41% -0.41%
LITE B -0.2% -0.46% -0.46%
LLY A 0.94% 0.46% 0.46%
LNC C -0.06% -0.41% -0.41%
LPX D 0.17% -0.39% -0.39%
LYFT F -0.25% -0.36% -0.36%
MAN D 0.06% 0.38% 0.06%
MCK B 0.82% 0.42% 0.42%
MDU C -0.08% 0.41% -0.08%
MKL D 0.14% 0.48% 0.14%
MOH F 0.28% 0.4% 0.28%
MPC D 1.07% 0.41% 0.41%
MSFT A 4.65% 0.42% 0.42%
MSI A 0.54% 0.43% 0.43%
MUSA C 0.21% 0.44% 0.21%
NEU D 0.05% 0.42% 0.05%
NOC D -0.68% 0.4% -0.68%
NVCR D -0.02% -0.33% -0.33%
NVDA B 3.82% -0.51% -0.51%
NVT C 0.21% -0.41% -0.41%
OZK D 0.09% -0.36% -0.36%
PAG D -0.03% 0.41% -0.03%
PKG C 0.25% 0.41% 0.25%
PLTR A -0.36% -0.5% -0.5%
PNM D -0.08% 0.41% -0.08%
RGA B 0.15% 0.4% 0.15%
RH D -0.23% -0.39% -0.39%
RIG F -0.26% -0.37% -0.37%
RNR D 0.15% 0.41% 0.15%
ROL B 0.22% 0.44% 0.22%
ROP B 0.65% 0.46% 0.46%
RUN D -0.31% -0.41% -0.41%
RYN D -0.02% -0.42% -0.42%
SAIA C -0.25% -0.47% -0.47%
SEDG F -0.21% -0.21% -0.21%
SFM B 0.21% 0.43% 0.21%
SIGI F 0.07% 0.41% 0.07%
SITE F -0.05% -0.34% -0.34%
SLB D -0.29% -0.42% -0.42%
SLGN D -0.07% 0.38% -0.07%
SMG D 0.11% -0.44% -0.44%
SNX D 0.2% 0.37% 0.2%
T B -0.64% 0.45% -0.64%
TGNA D 0.07% 0.39% 0.07%
TGT C 1.33% -0.42% -0.42%
THG C 0.05% 0.39% 0.05%
TJX A 1.24% 0.45% 0.45%
TMUS B 1.68% 0.44% 0.44%
TOL D 0.31% -0.4% -0.4%
TREX F -0.06% -0.36% -0.36%
TXG F -0.13% -0.37% -0.37%
TXRH B 0.27% 0.41% 0.27%
USFD C -0.1% -0.42% -0.42%
VEEV F -0.48% -0.38% -0.48%
VFC C -0.06% 0.46% -0.06%
VNO B -0.07% -0.47% -0.47%
VRSK A 0.54% 0.44% 0.44%
VRSN C 0.29% 0.44% 0.29%
W D -0.24% -0.37% -0.37%
WBA F -0.5% -0.33% -0.5%
WELL B -0.71% 0.42% -0.71%
WOLF F -0.3% -0.36% -0.36%
FTLS Overweight 334 Positions Relative to BTAL
Symbol Grade Weight
AAPL A 4.45%
AMZN A 2.58%
NFLX B 1.99%
WMT A 1.98%
ANET A 1.95%
C A 1.91%
META B 1.53%
GOOGL A 1.49%
ZTS C 1.41%
SPOT C 1.3%
GOOG A 1.26%
PM A 1.23%
MO B 1.21%
BRK.A D 1.05%
VLO D 1.05%
REGN B 0.97%
VRTX A 0.96%
UAL D 0.95%
ADSK B 0.95%
BSX B 0.95%
JPM B 0.85%
CL B 0.85%
COF D 0.81%
DVN D 0.79%
ROST B 0.69%
PH C 0.66%
AIG C 0.66%
CCI D 0.64%
EA B 0.64%
WMB B 0.62%
ECL A 0.61%
TDG D 0.53%
CAH D 0.53%
CTAS A 0.53%
NUE F 0.49%
LVS F 0.47%
HBAN C 0.46%
AFL B 0.42%
RIO C 0.41%
PHM D 0.39%
STT C 0.38%
GDDY A 0.37%
PRU B 0.36%
RL B 0.36%
EME D 0.33%
WAB D 0.33%
STLD D 0.32%
UTHR B 0.32%
WSO B 0.31%
VLTO D 0.3%
EPD A 0.3%
CAG D 0.28%
DINO F 0.28%
LDOS B 0.28%
QCOM B 0.28%
FTV D 0.28%
CHRD C 0.28%
HOLX C 0.27%
NTRS C 0.27%
EQNR D 0.22%
KNSL F 0.21%
BBWI F 0.21%
AMR D 0.2%
NVR D 0.2%
PFG D 0.2%
CNM C 0.2%
ARCH C 0.19%
ARMK B 0.19%
ALK F 0.19%
HRL F 0.18%
HSIC F 0.17%
EVR A 0.16%
PFGC D 0.15%
BRBR B 0.15%
KBH D 0.15%
NXST B 0.14%
MTH D 0.14%
CRI F 0.14%
PAA B 0.14%
SIG F 0.14%
BERY C 0.14%
VOYA D 0.14%
ALSN B 0.13%
BYD C 0.13%
RPM D 0.13%
STNG C 0.13%
AYI D 0.12%
RGLD B 0.12%
NDSN D 0.12%
CRC C 0.12%
BECN C 0.12%
HALO A 0.11%
PRI C 0.1%
MTG C 0.1%
OLN F 0.1%
DTM B 0.1%
NSIT C 0.1%
CEIX C 0.1%
AM B 0.09%
AMG D 0.09%
AGO D 0.09%
TPH D 0.09%
CALM A 0.09%
ATR D 0.09%
TMHC D 0.09%
PAGP B 0.09%
SLM D 0.09%
INGR D 0.09%
WGO F 0.08%
LFUS C 0.08%
PRGS B 0.08%
PINC F 0.08%
CVLT B 0.08%
BPOP D 0.08%
COLM C 0.08%
SKYW A 0.08%
AFG D 0.08%
IGT F 0.07%
HESM A 0.07%
GES D 0.07%
RBC C 0.07%
YELP F 0.07%
SMPL D 0.07%
VC F 0.07%
LANC C 0.06%
WDFC D 0.06%
KFY C 0.06%
FTDR D 0.06%
PPC B 0.06%
LPG D 0.06%
KNTK B 0.06%
HELE F 0.06%
UMBF C 0.06%
ENLC B 0.06%
WHD C 0.06%
INMD F 0.06%
PJT B 0.06%
INSW C 0.06%
CVI F 0.06%
GWW C 0.06%
GMS D 0.06%
DDS C 0.06%
ESNT C 0.06%
TNK C 0.05%
CVCO C 0.05%
OXM D 0.05%
GOGL D 0.05%
ATGE A 0.05%
WTS D 0.05%
ZWS D 0.05%
DK F 0.05%
LOPE C 0.05%
CBSH C 0.05%
CBT D 0.04%
AMRC F -0.01%
KRUS F -0.01%
RXST D -0.02%
TRUP B -0.02%
PRO F -0.02%
BASE D -0.02%
SSTK F -0.02%
ATSG C -0.02%
ACVA D -0.02%
ALGT F -0.02%
OTTR D -0.02%
SILK B -0.02%
APPN D -0.02%
AKR A -0.02%
ECPG D -0.02%
MYRG F -0.02%
NEXT C -0.02%
ASPN D -0.02%
PRVA D -0.02%
RGR F -0.02%
CRGY B -0.02%
ARLO B -0.02%
INDI D -0.02%
CWT D -0.02%
MGPI F -0.02%
BOH F -0.02%
NTST D -0.02%
RC C -0.02%
GBX F -0.02%
TRN D -0.02%
HAYW D -0.02%
NWN F -0.02%
SAH D -0.02%
EXPI D -0.02%
KWR D -0.02%
HEES F -0.02%
AMRK C -0.02%
CSGS F -0.03%
ORA C -0.03%
PARR F -0.03%
MRCY D -0.03%
OSIS B -0.03%
HRI F -0.03%
HI F -0.03%
HTZ F -0.03%
ASAN D -0.03%
PAR B -0.03%
AZTA F -0.03%
PRCT C -0.03%
EFC A -0.03%
CCS D -0.03%
LNN D -0.03%
SGRY F -0.03%
COHU B -0.03%
ATEC D -0.03%
VSEC B -0.03%
HASI D -0.03%
SITM A -0.03%
BZH F -0.03%
CNNE D -0.04%
RUSHA F -0.04%
STEP C -0.04%
EPRT A -0.04%
ENR C -0.04%
NFE F -0.04%
IDA D -0.04%
ROIC C -0.04%
MIR B -0.04%
LMND C -0.04%
ICHR B -0.04%
NSA C -0.04%
RDFN D -0.04%
RKT D -0.04%
CTRE A -0.04%
FLNC F -0.04%
CCOI D -0.04%
BE D -0.05%
EYE F -0.05%
GPRE F -0.05%
BGC C -0.05%
VSAT F -0.05%
JBGS B -0.05%
DBRG F -0.05%
OSCR D -0.05%
GATX B -0.05%
MYGN B -0.05%
VIAV D -0.05%
IPGP D -0.06%
THS C -0.06%
LGIH F -0.06%
SDGR F -0.06%
JBT F -0.06%
COUR F -0.06%
FSLY F -0.06%
EGP B -0.06%
GKOS A -0.06%
DXC C -0.06%
SNDR C -0.06%
SPT C -0.06%
AEIS B -0.06%
MP D -0.06%
OI F -0.06%
ZD F -0.06%
ACMR D -0.06%
NOG C -0.06%
ODP F -0.06%
SHC C -0.07%
GMED B -0.07%
ENOV F -0.07%
WERN F -0.07%
UPST F -0.07%
SYNA D -0.07%
VAL B -0.07%
CWH D -0.07%
KMPR D -0.07%
BHF F -0.07%
FRPT A -0.08%
SONO D -0.08%
SPB D -0.08%
EXTR C -0.08%
JOBY D -0.08%
MASI F -0.08%
KTOS B -0.08%
LAD F -0.08%
SLAB D -0.09%
AMBA B -0.09%
TPX D -0.09%
MSGE D -0.09%
GFS C -0.09%
JBLU B -0.1%
AEO F -0.1%
MGY B -0.1%
QS F -0.1%
SOFI F -0.1%
FTRE F -0.1%
NVST F -0.11%
CIVI D -0.11%
KIM B -0.11%
UEC D -0.11%
LEG F -0.11%
GO F -0.11%
S D -0.13%
SPR B -0.13%
MAT F -0.14%
IRM A -0.14%
NTNX C -0.14%
OMF D -0.14%
PZZA F -0.15%
IRTC D -0.16%
ACHC F -0.16%
BIO D -0.18%
COLD C -0.19%
FLR B -0.19%
PSTG B -0.21%
AL C -0.21%
LKQ D -0.23%
HAS D -0.24%
EQH B -0.26%
XRAY F -0.28%
TAP F -0.3%
AVTR D -0.3%
PANW B -0.31%
BALL D -0.31%
IPG F -0.32%
CNH F -0.33%
CPAY D -0.38%
SJM D -0.38%
ZBH F -0.41%
WHR C -0.49%
K D -0.49%
MMM B -0.59%
LHX A -0.63%
PEP D -0.66%
TTWO C -0.67%
KVUE F -0.68%
ABT D -0.71%
LOW D -0.71%
STZ C -0.72%
LIN C -0.72%
BA C -0.78%
FTLS Underweight 270 Positions Relative to BTAL
Symbol Grade Weight
SRPT C -0.58%
TPL B -0.53%
OLLI A -0.51%
GWRE A -0.48%
LNG B -0.46%
BMRN C -0.46%
BWXT B -0.45%
OHI A -0.45%
NTAP A -0.45%
AON C -0.45%
ABBV C -0.45%
WM B -0.44%
SBRA A -0.44%
RSG A -0.44%
HON B -0.44%
WH C -0.44%
HQY C -0.44%
HLT B -0.44%
FOXF D -0.44%
ELS C -0.44%
HEI B -0.44%
LULU F -0.44%
RYAN C -0.44%
AVB B -0.44%
SBAC D -0.44%
CLH B -0.44%
FCN D -0.43%
KMI A -0.43%
LMT C -0.43%
VZ B -0.43%
JNPR B -0.43%
MMC A -0.43%
WTW C -0.43%
PGR B -0.43%
ORLY C -0.43%
EQR A -0.43%
ULTA D -0.43%
SO B -0.42%
EDR A -0.42%
CTSH C -0.42%
VICI D -0.42%
OXY D -0.42%
AMGN B -0.42%
FTNT D -0.42%
CINF C -0.42%
O C -0.42%
CW C -0.42%
IBM B -0.42%
DRI D -0.42%
FFIV C -0.42%
CHRW C -0.42%
CSCO D -0.42%
ALKS C -0.42%
MSA C -0.42%
MCD F -0.42%
LNT B -0.42%
L D -0.42%
BRO B -0.42%
MRK D -0.42%
WEN F -0.41%
TXT D -0.41%
NEM A -0.41%
PFE C -0.41%
ORI D -0.41%
YUM D -0.41%
DGX C -0.41%
ERIE C -0.41%
GPC D -0.41%
AME D -0.41%
DOX D -0.41%
CSX C -0.41%
ALL D -0.41%
WEC D -0.41%
WPC D -0.41%
AIZ D -0.41%
XOM D -0.41%
DUK C -0.41%
PNW C -0.41%
BJ B -0.41%
AMCR D -0.41%
CDW D -0.41%
XEL D -0.41%
ACGL C -0.41%
DLB D -0.41%
AEE D -0.41%
J D -0.41%
X C -0.41%
WRB B -0.41%
TDY D -0.4%
LPLA C -0.4%
SNA D -0.4%
GIS D -0.4%
UNH D -0.4%
UNM D -0.4%
MUR D -0.4%
KBR D -0.4%
CBOE D -0.4%
CTVA D -0.4%
DCI D -0.4%
FLS D -0.4%
RLI D -0.4%
CB D -0.4%
TRV D -0.4%
CMS D -0.4%
KR C -0.39%
TNET F -0.39%
IBKR B -0.39%
RTX D -0.39%
MOS F -0.39%
PCAR D -0.39%
ED D -0.39%
MSM F -0.38%
KHC D -0.38%
CME D -0.38%
ON D -0.38%
TSCO D -0.38%
ST C -0.37%
DG D -0.37%
FMC D -0.37%
SAIC F -0.36%
WTM D -0.36%
PAYC F -0.35%
FIVE F -0.34%
AZO C -0.3%
LSCC D -0.3%
PATH D --0.28%
CELH F --0.29%
MDB D --0.3%
MRNA D --0.33%
ENPH D --0.34%
SHLS F --0.34%
RGEN F --0.34%
RNG D --0.34%
BLDR F --0.35%
ELAN F --0.35%
VST C --0.35%
CC F --0.36%
OPEN F --0.36%
WCC D --0.36%
EL F --0.37%
MRVL C --0.37%
CSGP F --0.37%
DAR F --0.37%
U F --0.37%
OWL D --0.38%
ETRN D --0.38%
URI D --0.38%
LEN D --0.38%
EQT D --0.38%
AES D --0.38%
FCX C --0.38%
AA B --0.38%
CEG C --0.38%
TDOC F --0.38%
GNRC C --0.38%
POWI D --0.38%
UGI D --0.39%
PYPL D --0.39%
RMD C --0.39%
IQV D --0.39%
VLY F --0.39%
COIN D --0.39%
DAY F --0.39%
BRZE D --0.39%
PNR D --0.4%
ITT D --0.4%
CWEN D --0.4%
IDXX D --0.4%
KEY C --0.4%
CRL F --0.4%
SQ F --0.4%
CMA C --0.4%
TWLO D --0.4%
XPO D --0.4%
BLK B --0.4%
SEE D --0.4%
WBS D --0.4%
MHK C --0.4%
ALGN D --0.4%
AVA D --0.4%
WMS D --0.4%
GTLS F --0.4%
D C --0.4%
MPWR A --0.41%
NWE D --0.41%
THO D --0.41%
TROW C --0.41%
INTC C --0.41%
PNFP D --0.41%
ZI F --0.41%
SWK D --0.41%
SNV B --0.41%
AXTA C --0.41%
DOCS C --0.41%
TPG D --0.41%
IAC D --0.41%
WAL C --0.41%
UAA D --0.41%
CRSP F --0.42%
ILMN D --0.42%
TFX C --0.42%
CHX C --0.42%
AGNC A --0.42%
RMBS B --0.42%
TER A --0.42%
KKR C --0.42%
SSD F --0.42%
CFG B --0.42%
HCP A --0.42%
JHG B --0.42%
CARR D --0.42%
MU C --0.42%
CUZ C --0.42%
DASH D --0.42%
TRU C --0.42%
USB D --0.42%
ZION C --0.42%
EFX B --0.42%
BKH D --0.42%
ABNB B --0.43%
AFRM F --0.43%
TTD A --0.43%
BX C --0.43%
CNXC C --0.43%
NTLA F --0.43%
NTRA C --0.43%
REXR C --0.43%
AXON C --0.43%
TOST C --0.43%
GXO F --0.43%
MKSI B --0.43%
CBRE C --0.43%
SHW C --0.43%
LAMR B --0.43%
BXP C --0.44%
PLD C --0.44%
ROKU C --0.44%
JLL B --0.44%
ALLY B --0.44%
AWK C --0.44%
APG C --0.45%
ARWR C --0.45%
JEF A --0.45%
DUOL F --0.45%
PINS B --0.45%
TSLA B --0.46%
HOOD C --0.46%
FOUR B --0.46%
SNAP B --0.46%
SMCI B --0.46%
MGM B --0.47%
ICUI B --0.47%
NCLH B --0.47%
EXPE C --0.47%
NET B --0.47%
ELF C --0.47%
UBER B --0.47%
GH C --0.47%
PTON D --0.48%
ZS B --0.48%
RBLX B --0.48%
SAM C --0.49%
AMKR B --0.49%
Z C --0.5%
CZR C --0.5%
DNLI C --0.51%
COHR A --0.51%
PENN C --0.53%
RIVN C --0.58%
CHWY C --0.72%
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