# NTRL (First Trust Equity Market Neutral ETF)

First Trust · Alternatives ETFs · data as of Sep 18, 2026

NTRL has less than a year of prices, so ETFIQ does not yet measure how it moves with the S&P 500.

## Key facts

- NTRL, total return since it listed: +2.6%, as of Sep 18, 2026.
- NTRL, s&P 500 over the same days: +4.1%, as of Sep 18, 2026.
- NTRL, against the S&P 500: −1.6 pts, as of Sep 18, 2026.
- NTRL, days it has traded: 61, as of Sep 18, 2026.
- NTRL, net assets: $17m (issuer page, as of Sep 18, 2026).
- NTRL, expense ratio: 0.95% (485BPOS XBRL, Jun 18, 2026).

## NTRL over each window to Sep 18, 2026

| Window | The fund | S&P 500 | Difference, percentage points |
| --- | --- | --- | --- |
| Since it listed | +2.6% | +4.1% | −1.6 pts |

## Every published field

| Field | Value | Source |
| --- | --- | --- |
| Issuer | First Trust | ETFIQ |
| Strategy | Market neutral | ETFIQ, from its prospectus |
| Expense ratio | 0.95% | 485BPOS XBRL, Jun 18, 2026 |
| Net assets | $17m | issuer page, as of Sep 18, 2026 |
| Listed since | Jun 24, 2026 | ETFIQ |
| Days traded | 61 | ETFIQ |
| Quoted | on an exchange, every trading day | ETFIQ |

## Questions

### What does NTRL cost?

The prospectus expense ratio is 0.95% a year.

### Why is NTRL listed as market neutral?

ETFIQ files each fund by what its own prospectus says it does, and NTRL’s, filed Jun 18, 2026, describes a market neutral fund.


## Cite this page

ETFIQ, NTRL, data as of Sep 18, 2026. https://etfiq.com/funds/ntrl
Free to use with attribution; the underlying files are at https://etfiq.com/data/.

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