CEFS vs. LALT ETF Comparison
Comparison of Exchange Listed Funds Trust ETF (CEFS) to First Trust Multi-Strategy Alternative ETF (LALT)
CEFS
Exchange Listed Funds Trust ETF
CEFS Description
The investment seeks to provide capital appreciation and dividend income. The fund is an actively managed exchange-traded fund ("ETF") that seeks to achieve its investment objective by normally investing at least 80% of its net assets, plus the amount of any borrowings for investment purposes, in securities issued by closed-end funds (the "underlying funds"). The advisor expects to invest in underlying funds operated by a diversified group of closed-end fund managers ("underlying fund managers"). The fund normally invests in underlying funds that primarily pursue high yield opportunities.
Grade (RS Rating)
Last Trade
$21.89
Average Daily Volume
49,454
105
LALT
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
$20.92
Average Daily Volume
1,858
8
Performance
| Period | CEFS | LALT |
|---|---|---|
| 30 Days | -2.15% | 0.13% |
| 60 Days | 0.96% | 0.52% |
| 90 Days | 3.39% | 1.17% |
| 12 Months | 35.02% | 7.02% |
0 Overlapping Holdings
| Symbol | Grade | Weight in CEFS | Weight in LALT | Overlap |
|---|
CEFS Overweight 105 Positions Relative to LALT
| Symbol | Grade | Weight | |
|---|---|---|---|
| BIGZ | A | 12.12% | |
| ASA | B | 8.22% | |
| BCAT | C | 5.82% | |
| ADX | A | 5.52% | |
| BFZ | D | 5.03% | |
| ASGI | A | 4.03% | |
| ENX | D | 3.8% | |
| PDX | C | 3.35% | |
| NQP | D | 3.12% | |
| GDV | C | 3.0% | |
| NXJ | D | 3.0% | |
| HQL | D | 2.89% | |
| EVM | D | 2.23% | |
| BSTZ | A | 2.22% | |
| BMEZ | A | 2.16% | |
| HQH | D | 2.13% | |
| GRX | D | 1.86% | |
| AFB | D | 1.8% | |
| VTN | C | 1.76% | |
| MHI | C | 1.68% | |
| TEAF | B | 1.66% | |
| LGI | D | 1.56% | |
| EDD | D | 1.35% | |
| VPV | C | 1.25% | |
| NFJ | D | 1.2% | |
| ECF | A | 1.16% | |
| FMN | D | 1.1% | |
| KSM | B | 1.09% | |
| NTG | A | 1.07% | |
| EMO | B | 1.04% | |
| LEO | D | 1.03% | |
| AOD | C | 1.02% | |
| VGM | C | 1.0% | |
| PGZ | D | 0.85% | |
| JRI | B | 0.84% | |
| MAV | D | 0.84% | |
| NPFD | A | 0.83% | |
| NBH | D | 0.76% | |
| DMF | C | 0.66% | |
| IHD | C | 0.65% | |
| CEV | D | 0.64% | |
| GAM | C | 0.58% | |
| DSM | D | 0.56% | |
| CXE | D | 0.47% | |
| HYB | C | 0.46% | |
| VKQ | C | 0.41% | |
| BOE | B | 0.39% | |
| VCV | D | 0.39% | |
| IDE | A | 0.32% | |
| NDP | B | 0.32% | |
| DMB | D | 0.3% | |
| PCK | D | 0.26% | |
| VMO | C | 0.23% | |
| TWN | B | 0.22% | |
| PEO | B | 0.22% | |
| CPZ | A | 0.22% | |
| RA | A | 0.21% | |
| EOD | D | 0.19% | |
| GNT | C | 0.18% | |
| TTP | A | 0.15% | |
| FGB | A | 0.13% | |
| AGD | C | 0.13% | |
| MPA | D | 0.11% | |
| CMU | C | 0.1% | |
| CXH | B | 0.09% | |
| ERH | C | 0.09% | |
| MFD | C | 0.08% | |
| TYG | B | 0.06% | |
| GLO | C | 0.05% | |
| NML | B | 0.05% | |
| HEQ | C | 0.03% | |
| PNI | D | 0.03% | |
| IGA | B | 0.03% | |
| GLV | C | 0.03% | |
| MFM | C | 0.02% | |
| MUJ | D | 0.02% | |
| DIAX | B | 0.02% | |
| KYN | B | 0.02% | |
| SBI | C | 0.02% | |
| GLQ | C | 0.01% | |
| MVT | D | 0.01% | |
| GF | C | 0.01% | |
| MUC | D | 0.01% | |
| BTT | C | 0.01% | |
| MYN | D | 0.01% | |
| NAC | D | 0.01% | |
| MXE | F | 0.01% | |
| BCV | B | 0.01% | |
| PFO | C | 0.01% | |
| ETW | A | 0.0% | |
| NAN | C | 0.0% | |
| NMT | A | 0.0% | |
| MUE | C | 0.0% | |
| MIY | C | 0.0% | |
| BNY | D | 0.0% | |
| BHV | D | 0.0% | |
| NOM | D | 0.0% | |
| RMT | D | 0.0% | |
| VFL | D | 0.0% | |
| IIF | C | 0.0% | |
| NAZ | C | 0.0% | |
| BGY | D | 0.0% | |
| SWZ | D | 0.0% | |
| MHN | D | 0.0% | |
| PYN | D | 0.0% |
CEFS: Top Represented Industries & Keywords
LALT: Top Represented Industries & Keywords
Compare ETFs
