FTLS vs HFEQ
First Trust Long/Short Equity ETF compared with Unlimited HFEQ Equity Long/Short ETF on yield, payout growth, payment schedule, cost and risk.
FTLS
First Trust Long/Short Equity ETF
TTM yield · Quarterly
HFEQ
Unlimited HFEQ Equity Long/Short ETF
TTM yield · n/a
Quick take
- HFEQ yields more today: 9.13% vs 1.08% (forward).
- Over the last year HFEQ delivered the higher total return: +26.2% vs +14.5% (price change plus payouts).
- HFEQ is cheaper to own: 0.96% vs 1.38% expense ratio.
Generated from the latest data on both pages. Not a recommendation.
Side by side
| Metric | FTLS | HFEQ |
|---|---|---|
| Share price | $76.82 | $24.08 |
| TTM yield | 0.86% | 9.13% |
| Forward yield | 1.08% | — |
| Annual payout per share | $0.828 | $2.199 |
| Payment frequency | Quarterly | n/a |
| Next ex-date | Sep 24, 2026 (est.) | — |
| Expense ratio | 1.38% | 0.96% |
| 1-year payout growth | -28.8% | — |
| 5-year payout CAGR | +35.1% | — |
| Consecutive years of increases | 0 years | 0 years |
| Payout consistency (last 12) | 66/100 | — |
| 1-year total return | +14.5% | +26.2% |
| 1-year price return | +13.5% | +15.6% |
| Size (market cap / AUM) | 2.5B | 18.9M |
| Years paying | 12.0 | 0.7 |
| Sector / category | Long-Short Equity | Long-Short Equity |
✓ marks the more favourable figure where one exists (higher yield, growth, streak, consistency, return and size; lower cost, payout ratio and risk).
$10,000 invested today
| FTLS | HFEQ | |
|---|---|---|
| Shares | 130.2 | 415.3 |
| Income per year | $108 | $913 |
| Income per month (avg) | $9 | $76 |
At forward yields, before taxes. Model FTLS · Model HFEQ
Next payments
| Ex-date | Pay date | Per share | Status |
|---|---|---|---|
| FTLS Sep 24, 2026 | Oct 8, 2026 | $0.207 | Est. |
| FTLS Dec 24, 2026 | Jan 7, 2027 | $0.207 | Est. |
| FTLS Mar 25, 2027 | Apr 8, 2027 | $0.207 | Est. |
| HFEQ: no schedule to project | |||
Annual payouts per share
FTLSHFEQ
Regular payments only; the current year is year to date. Per-share amounts are not directly comparable when share prices differ, so read this chart for growth trends.
FAQ
Which has the higher dividend yield, FTLS or HFEQ?
HFEQ currently has the higher trailing yield: FTLS yields 0.86% and HFEQ yields 9.13%. Yield changes daily with price, so check the live figures above.
Is FTLS or HFEQ better for income?
It depends on what you are optimising for. FTLS and HFEQ differ in yield, growth, payment schedule and risk profile; the table above puts every metric side by side so you can weigh them for your own goals. This page is data, not advice.