FTLS vs LBAY
First Trust Long/Short Equity ETF compared with Leatherback Long/Short Alternative Yield ETF on yield, payout growth, payment schedule, cost and risk.
FTLS
First Trust Long/Short Equity ETF
TTM yield · Quarterly
LBAY
Leatherback Long/Short Alternative Yield ETF
TTM yield · Monthly
Quick take
- LBAY yields more today: 3.66% vs 1.08% (forward).
- LBAY has grown its payout faster: 4.1%/yr vs -3.4%/yr over the last 3 years.
- FTLS pays every quarter; LBAY pays every month.
- Over the last year FTLS delivered the higher total return: +14.5% vs +9.6% (price change plus payouts).
- LBAY is cheaper to own: 1.20% vs 1.38% expense ratio.
- LBAY has the steadier distribution: consistency 95/100 vs 66/100.
Generated from the latest data on both pages. Not a recommendation.
Side by side
| Metric | FTLS | LBAY |
|---|---|---|
| Share price | $76.82 | $27.12 |
| TTM yield | 0.86% | 3.66% |
| Forward yield | 1.08% | 3.66% |
| Annual payout per share | $0.828 | $0.993 |
| Payment frequency | Quarterly | Monthly |
| Next ex-date | Sep 24, 2026 (est.) | Sep 27, 2026 (est.) |
| Expense ratio | 1.38% | 1.20% |
| 1-year payout growth | -28.8% | +8.9% |
| 5-year payout CAGR | +35.1% | — |
| Consecutive years of increases | 0 years | 1 year |
| Payout consistency (last 12) | 66/100 | 95/100 |
| 1-year total return | +14.5% | +9.6% |
| 1-year price return | +13.5% | +5.8% |
| Size (market cap / AUM) | 2.5B | 18.6M |
| Years paying | 12.0 | 5.7 |
| 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 | LBAY | |
|---|---|---|
| Shares | 130.2 | 368.8 |
| Income per year | $108 | $366 |
| Income per month (avg) | $9 | $31 |
At forward yields, before taxes. Model FTLS · Model LBAY
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. |
| LBAY Sep 27, 2026 | Oct 11, 2026 | $0.0828 | Est. |
| LBAY Oct 27, 2026 | Nov 10, 2026 | $0.0828 | Est. |
| LBAY Nov 26, 2026 | Dec 10, 2026 | $0.0828 | Est. |
Annual payouts per share
FTLSLBAY
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 LBAY?
LBAY currently has the higher trailing yield: FTLS yields 0.86% and LBAY yields 3.66%. Yield changes daily with price, so check the live figures above.
How often do FTLS and LBAY pay?
FTLS pays every quarter and LBAY pays every month. FTLS's next ex-date is Sep 24, 2026 and LBAY's is Sep 27, 2026.
Which has grown its dividend faster, FTLS or LBAY?
LBAY has grown its payout faster: 4.1%/yr vs -3.4%/yr over the last 3 years.
Is FTLS or LBAY better for income?
It depends on what you are optimising for. FTLS and LBAY 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.