FTSL: Traded Fund III First Trust Senior Loan Fund ETF
About
FTSL was created on 2013-05-01 by First Trust. The fund's investment portfolio concentrates primarily on high yield fixed income. FTSL holds senior floating rate bank loans from firms around the globe. The actively managed fund can hold up to 20% of assets in non-senior loans", including high-yield bonds and equities.
Current Value
$46.441 Year Return
Current Value
$46.441 Year Return
Key Details
Assets Under Management
$2.18B
Div Yield %
7.62%
P/E Ratio
-
Net Asset Value
$46.40
Expense Ratio
0.87%
1Y ETF Return
0.09%
Strategies that include FTSL
Stock's related to FTSL
Correlated Stocks
| Name | Correlation | Market Cap | Return % (1 Year) | Div Yield % |
|---|---|---|---|---|
| GMAB | 37.68% | $13.02B | -33.87% | 0.00% |
| AHR | 33.43% | $4.30B | +134.17% | 2.69% |
| ARIS | 26.59% | $763.08M | +214.02% | 1.56% |
| INBK | 26.58% | $350.44M | +117.95% | 0.59% |
| CYRX | 26.58% | $342.80M | -48.82% | 0.00% |
| PACB | 26.56% | $471.05M | -79.23% | 0.00% |
| FATE | 26.55% | $248.29M | -11.02% | 0.00% |
| MLKN | 26.55% | $1.62B | -9.10% | 3.20% |
| HBI | 26.54% | $2.92B | +111.51% | 0.00% |
| CIEN | 26.53% | $9.69B | +47.41% | 0.00% |
| SHLS | 26.53% | $691.80M | -70.53% | 0.00% |
| CLPT | 26.52% | $302.60M | +84.68% | 0.00% |
| ST | 26.52% | $4.63B | -2.58% | 1.56% |
| TDOC | 26.47% | $1.54B | -47.22% | 0.00% |
| DHC | 26.46% | $593.54M | +22.39% | 1.65% |
| JBHT | 26.44% | $18.17B | -0.08% | 0.95% |
| KRNY | 26.41% | $526.32M | +4.49% | 5.40% |
| TTGT | 26.40% | $892.25M | +1.87% | 0.00% |
| AVO | 26.39% | $930.35M | +49.60% | 0.00% |
| MSGE | 26.38% | $1.72B | +17.13% | 0.00% |
Uncorrelated Stocks
| Name | Correlation | Market Cap | Return % (1 Year) | Div Yield % |
|---|---|---|---|---|
| CPB | -0.05% | $12.96B | +7.08% | 3.40% |
| NEUE | -0.21% | $40.93M | -34.13% | 0.00% |
| DOGZ | -0.28% | $614.77M | +1,372.26% | 0.00% |
| ALAB | 0.28% | $15.10B | +164.39% | 0.00% |
| SCKT | -0.32% | $10.88M | +15.32% | 0.00% |
| FATBB | -0.57% | $81.94M | -12.91% | 11.69% |
| ALXO | 0.58% | $64.87M | -86.56% | 0.00% |
| COR | 0.65% | $47.48B | +21.20% | 0.86% |
| OXBR | 0.69% | $19.05M | +178.18% | 0.00% |
| HE | -0.69% | $1.82B | -17.47% | 0.00% |
| LITB | 0.70% | $35.48M | -75.45% | 0.00% |
| UNH | 0.83% | $531.00B | +6.93% | 1.37% |
| LPTH | -1.00% | $62.27M | +33.05% | 0.00% |
| HCI | 1.05% | $1.16B | +29.00% | 1.48% |
| TLPH | 1.11% | $11.41M | +9.85% | 0.00% |
| INSM | 1.16% | $13.19B | +202.50% | 0.00% |
| IMNN | -1.28% | $10.02M | -22.89% | 0.00% |
| DK | 1.29% | $1.14B | -34.04% | 5.64% |
| SCWX | 1.35% | $743.12M | +40.27% | 0.00% |
| ACGL | 1.40% | $36.00B | +16.84% | 0.00% |
Inversely Correlated Stocks
| Name | Correlation | Market Cap | Return % (1 Year) | Div Yield % |
|---|---|---|---|---|
| K | -21.26% | $27.77B | +52.50% | 2.79% |
| TEM | -11.81% | $8.50B | 0.00% | 0.00% |
| XGN | -10.68% | $62.26M | +127.74% | 0.00% |
| MNR | -10.64% | $1.66B | -10.71% | 15.90% |
| HUSA | -9.92% | $16.69M | -11.56% | 0.00% |
| CRVO | -9.50% | $83.20M | +2.86% | 0.00% |
| TCTM | -8.66% | $8.10M | -42.99% | 0.00% |
| STG | -7.51% | $35.67M | +7.92% | 0.00% |
| SAVA | -7.46% | $1.35B | +25.50% | 0.00% |
| MCK | -6.34% | $78.15B | +35.51% | 0.42% |
| GRAL | -6.15% | $459.22M | -13.00% | 0.00% |
| MOH | -6.14% | $16.16B | -21.56% | 0.00% |
| TCS | -5.82% | $14.81M | -84.46% | 0.00% |
| SMC | -5.75% | $383.35M | +97.26% | 0.00% |
| TPST | -5.04% | $37.75M | -77.59% | 0.00% |
| ZCMD | -4.88% | $2.80M | -88.67% | 0.00% |
| HUM | -4.36% | $33.45B | -45.22% | 1.25% |
| CBOE | -4.21% | $21.46B | +15.84% | 1.11% |
| LTM | -3.56% | $8.51B | -100.00% | <0.01% |
| QNTM | -3.55% | $9.19M | -94.36% | 0.00% |
ETF's related to FTSL
News
SeekingAlpha
With inflation cooling and the Federal Reserve transitioning from rate hikes to a cycle of rate cuts, bonds are poised to perform well in 2025.
SeekingAlpha
FTSL is actively managed, allowing it to capitalize on market mispricings and adapt to changing conditions better than passive funds. Find out my thoughts on the fund.
SeekingAlpha
Learn about the performance and risks of senior loan ETF FTSL, with insights into potential alternatives like CLO debt ETFs for higher returns. Explore more here.
SeekingAlpha
Weak loan growth is posing a headwind once again as US banks get ready to post third quarter results, with hopes still hanging on rate cuts to spur credit demand in future periods.
SeekingAlpha
While we expect a gradual decline in global yields over the coming months, we also anticipate continued bumps along the way.
SeekingAlpha
First Trust Senior Loan Fund ETF emphasizes stable dividend yield and low volatility. FTSL is negatively affected by lower Fed Funds and SOFR levels. Read more here.
Disclaimer
Information on this page is obtained from our data provider, Xignite, an unaffiliated third party. Double believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate. We also show information based on calculations performed by Double using data from our provider. Double believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.