Question 1

What is FTLS?

Accepted Answer

FTLS (First Trust Long/Short Equity ETF) is a Canadian-listed ETF trading on the TSX in the Alternative Equity Focused category. It tracks the Morningstar CAD O/N Cash GR CAD.

Question 2

What is the FTLS ETF price today?

Accepted Answer

FTLS last traded at $23.08 CAD on the TSX. See the price chart above for recent performance.

Question 3

Does FTLS pay dividends or distributions?

Accepted Answer

Yes, FTLS distributes income to unitholders. The current distribution yield is approximately 0.74%. Distributions may include dividends, interest, capital gains, or return of capital depending on the fund's holdings. In a TFSA or RRSP, distributions are sheltered from tax.

Question 4

What does FTLS invest in?

Accepted Answer

FTLS's top holdings include First Trust Long/Short Equity ETF (FTLS, 100.0%). See the full Top 10 Holdings table above for a complete breakdown. The fund tracks the Morningstar CAD O/N Cash GR CAD.

Question 5

What sectors does FTLS invest in?

Accepted Answer

FTLS's largest sector exposures are Technology (34.4%), Financial Services (15.2%), Healthcare (12.8%). The full sector breakdown is shown in the Sector Weights table on this page.

Question 6

How large is FTLS? (Assets under management)

Accepted Answer

FTLS has approximately $8M in assets under management (AUM). Larger AUM generally means better liquidity, tighter bid-ask spreads, and a lower risk of the fund being wound down.

Question 7

When was FTLS launched?

Accepted Answer

FTLS was launched on July 21, 2025, giving it a 1-year track record. A longer history makes it easier to evaluate how the ETF performs across different market cycles.

Question 8

How do I buy FTLS in Canada?

Accepted Answer

FTLS trades on the TSX under the ticker FTLS. You can buy it through any Canadian brokerage, including Wealthsimple Trade (commission-free), Questrade, TD Direct Investing, RBC Direct, and CIBC Investor's Edge. It can be held in a TFSA, RRSP, FHSA, or taxable account.

Question 9

How risky is FTLS?

Accepted Answer

FTLS has a 1-year volatility of 6.38% and a beta of 0.00 (less volatile than the broad market). As with all market-linked investments, past volatility does not predict future risk.

Date	Open	High	Low	Close	Adj Close	Volume
2026-08-20	$23.09	$23.09	$23.08	$23.08	$23.08	8,900
2026-08-11	$23.30	$23.30	$23.15	$23.15	$23.15	2,531
2026-07-31	$23.13	$23.13	$23.13	$23.13	$23.13	0
2026-07-30	$23.15	$23.15	$23.15	$23.15	$23.15	100
2026-07-15	$23.03	$23.03	$23.03	$23.03	$23.03	2,089
2026-07-10	$23.10	$23.10	$23.10	$23.10	$23.10	720
2026-07-07	$23.09	$23.09	$23.09	$23.09	$23.09	3,921
2026-07-03	$22.99	$22.99	$22.99	$22.99	$22.99	0
2026-07-02	$22.96	$22.96	$22.96	$22.96	$22.96	100
2026-06-30	$23.01	$23.01	$23.01	$23.01	$23.01	0

Period	Return
YTD	+6.51%
1Y Volatility	6.38%

Sector	Weight
Technology	34.37%
Financial Services	15.20%
Healthcare	12.79%
Communication Services	8.07%
Industrials	5.64%
Energy	5.41%
Consumer Defensive	4.94%
Real Estate	4.87%
Consumer Cyclicals	4.57%
Basic Materials	4.14%
Utilities	0.00%

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CIBC Investor's Edge

First Trust Long/Short Equity ETF (FTLS : TSX)

Price Chart (30 Days)

Key Statistics

Recent Price History

Annualised Returns

Top 10 Holdings

Sector Weights

ETF Details

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Frequently Asked Questions — FTLS