CANQ vs. LALT ETF Comparison

Comparison of Calamos Alternative Nasdaq & Bond ETF (CANQ) to First Trust Exchange-Traded Fund VIII First Trust Multi-Strategy Alternative ETF (LALT)

CANQ

Calamos Alternative Nasdaq & Bond ETF

CANQ Description

The fund pursues its objective by investing, under normal circumstances, at least 80%, but up to 100%, of its net assets (plus borrowings for investment purposes, if any) in a portfolio of equity instruments (including options and equity ETFs) and fixed income instruments (including bonds and fixed income ETFs) intended to deliver convertible security-like exposure to companies in the Nasdaq-100 Index. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$25.49

Average Daily Volume

364

Number of Holdings ^*

8

* may have additional holdings in another (foreign) market

LALT

First Trust Exchange-Traded Fund VIII First Trust Multi-Strategy Alternative ETF

LALT Description

The investment seeks a positive total return that has a low correlation to the broader securities markets. The fund is an actively managed exchange-traded fund (ETF) that seeks to achieve its investment objective by investing in a combination of equity securities, financial futures contracts, forward currency contracts and other securities. The sub-adviser selects investments for inclusion in the fund's portfolio with reference to the components of the Morgan Stanley Multi-Strategy Alternative Index (the Benchmark) through a quantitative process that seeks to exceed the Benchmark's performance.

Grade (RS Rating)

Last Trade

$20.66

Average Daily Volume

2,637

Number of Holdings ^*

8

* may have additional holdings in another (foreign) market

Performance

Period	CANQ	LALT
30 Days	2.54%	0.32%
60 Days	-6.02%	-0.74%
90 Days	0.44%	0.96%
12 Months		3.88%

0 Overlapping Holdings

	Symbol	Grade	Weight in CANQ	Weight in LALT	Overlap

CANQ Overweight 8 Positions Relative to LALT

	Symbol	Grade	Weight
	MTBA	A	19.68%
	FLBL	A	19.55%
	SPHY	A	17.01%
	VWOB	A	11.97%
	JAAA	A	6.57%
	SCHJ	A	4.28%
	USIG	A	3.31%
	VCLT	A	2.82%

CANQ Underweight 8 Positions Relative to LALT

	Symbol	Grade	Weight
	FAAR	C	-21.53%
	FTLS	C	-21.39%
	FMF	D	-21.13%
	UCON	A	-12.55%
	IAU	A	-8.35%
	IEF	A	-5.08%
	MARB	C	-5.06%
	FTGC	F	-4.8%

CANQ: Top Represented Industries & Keywords

Industries:

Keywords: Exchange Traded Fund ETF Bond Structured Finance Bloomberg Barclays Us Aggregate Bond Index Bond Market Indices Causes Of The Great Recession Collateralized Debt Obligation Collateralized Loan Obligation Commercial Mortgage Commercial Mortgage Backed Security Corporate Bond Fannie Mae Federal National Mortgage Association Fixed Income Securities Freddie Mac Ftse 100 Index Ftse Group Ftse Italy Index Banks Government National Mortgage Association

LALT: Top Represented Industries & Keywords

Industries:

Keywords: Exchange Traded Fund ETF Exchange Traded Funds Commodity Markets Absolute Return American Depositary Receipt Bear Market ETF Betashares Bloomberg Barclays Us Aggregate Bond Index Bond Bond Market Bullion Commercial Mortgage Backed Security Commodity Commodity Pool Depositary Receipt Exchange Government Bonds Index Fund Inverse ETF