Compare with First Trust Equity Market Neutral ETF
Key stats
Fund info
Home page
Inception date
Feb 4, 2020
Structure
Open-Ended Fund
Replication method
Physical
Dividend treatment
Distributes
Distribution tax treatment
Ordinary income
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
First Trust Advisors LP
Distributor
First Trust Portfolios LP
ISIN
US33740J2033
CUSIP
33740J203
FIGI
BBG00RHJ0R55
Identifiers
ISIN US33740J2033
NTRL is actively managed ETF seeking to provide an equity market neutral approach. The overall performance is driven by the net performance of long and short US equity positions, independent of directional movements in the broad equity market. The ETF will pursue its investment objective using US exchange-listed equity securities, including exposure obtained through ETFs and financial derivative instruments such as futures or total return swaps. The portfolio can be expected to have exposure ranging from 150%-250% in long positions and 150%-250% in short positions. The portfolio management team consists of members of the First Trust Alternatives Investment Team. Prior to June 23, 2026, the fund pursued a global merger arbitrage strategy using sub-advisor. The fund name was First Trust Merger Arbitrage ETF and traded under the ticker MARB.
Classification
What's in the fund
Exposure type
Cash
Bonds, Cash & Other100.00%
Cash99.76%
Mutual fund0.24%
Top 10 holdings
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.
Frequently asked questions
An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.
NTRL trades at 21.64 USD today, its price has risen 0.45% in the past 24 hours. Track more dynamics on NTRL price chart.
NTRL net asset value is 21.65 today — it's risen 1.30% over the past month. NAV represents the total value of the fund's assets less liabilities and serves as a gauge of the fund's performance.
NTRL assets under management is 15.09 M USD. AUM is an important metric as it reflects the fund's size and can serve as a gauge of how successful the fund is in attracting investors, which, in its turn, can influence decision-making.
NTRL price has risen by 1.03% over the last month, and its yearly performance shows a 4.39% increase. See more dynamics on NTRL price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 1.30% over the last month, showed a 3.30% increase in three-month performance and has increased by 7.64% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 1.30% over the last month, showed a 3.30% increase in three-month performance and has increased by 7.64% in a year.
NTRL fund flows account for −20.89 M USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.
NTRL invests in cash. See more details in our Profile section.
NTRL expense ratio is 0.95%. It's an important metric for helping traders understand the fund's operating costs relative to assets and how expensive it would be to hold the fund.
Yes, NTRL is a leveraged ETF, meaning it uses borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.
In some ways, ETFs are safe investments, but in a broader sense, they're not safer than any other asset, so it's crucial to analyze a fund before investing. But if your research gives a vague answer, you can always refer to technical analysis.
Today, NTRL technical analysis shows the buy rating and its 1-week rating is buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating NTRL shows the buy signal. See more of NTRL technicals for a more comprehensive analysis.
Today, NTRL technical analysis shows the buy rating and its 1-week rating is buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating NTRL shows the buy signal. See more of NTRL technicals for a more comprehensive analysis.
Yes, NTRL pays dividends to its holders with the dividend yield of 2.87%.
NTRL trades at a premium (0.02%).
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
NTRL shares are issued by AJM Ventures LLC
NTRL follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on Feb 4, 2020.
The fund's management style is active, aiming to outperform its benchmark index by actively selecting and adjusting assets. The goal is to achieve returns that exceed those of the index the fund tracks.