FTLS vs NLSI
First Trust Long/Short Equity ETF compared with Neos Long/Short Equity Income ETF on yield, payout growth, payment schedule, cost and risk.
FTLS
First Trust Long/Short Equity ETF
TTM yield · Quarterly
NLSI
Neos Long/Short Equity Income ETF
TTM yield · Monthly
Quick take
- NLSI yields more today: 4.59% vs 1.08% (forward).
- FTLS pays every quarter; NLSI pays every month.
- FTLS is cheaper to own: 1.38% vs 2.89% expense ratio.
- NLSI has the steadier distribution: consistency 93/100 vs 66/100.
Generated from the latest data on both pages. Not a recommendation.
Side by side
| Metric | FTLS | NLSI |
|---|---|---|
| Share price | $76.82 | $58.38 |
| TTM yield | 0.86% | 3.44% |
| Forward yield | 1.08% | 4.59% |
| Annual payout per share | $0.828 | $2.6773 |
| Payment frequency | Quarterly | Monthly |
| Next ex-date | Sep 24, 2026 (est.) | Sep 23, 2026 (est.) |
| Expense ratio | 1.38% | 2.89% |
| 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 | 93/100 |
| 1-year total return | +14.5% | — |
| 1-year price return | +13.5% | — |
| Size (market cap / AUM) | 2.5B | 4.0M |
| 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 | NLSI | |
|---|---|---|
| Shares | 130.2 | 171.3 |
| Income per year | $108 | $459 |
| Income per month (avg) | $9 | $38 |
At forward yields, before taxes. Model FTLS · Model NLSI
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. |
| NLSI Sep 23, 2026 | Oct 7, 2026 | $0.2231 | Est. |
| NLSI Oct 21, 2026 | Nov 4, 2026 | $0.2231 | Est. |
| NLSI Nov 18, 2026 | Dec 2, 2026 | $0.2231 | Est. |
Annual payouts per share
FTLSNLSI
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 NLSI?
NLSI currently has the higher trailing yield: FTLS yields 0.86% and NLSI yields 3.44%. Yield changes daily with price, so check the live figures above.
How often do FTLS and NLSI pay?
FTLS pays every quarter and NLSI pays every month. FTLS's next ex-date is Sep 24, 2026 and NLSI's is Sep 23, 2026.
Is FTLS or NLSI better for income?
It depends on what you are optimising for. FTLS and NLSI 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.