GAA vs. LALT ETF Comparison
Comparison of Cambria Global Asset Allocation ETF (GAA) to First Trust Multi-Strategy Alternative ETF (LALT)
GAA
Cambria Global Asset Allocation ETF
GAA Description
The investment seeks to track the performance, before fees and expenses, of the Cambria Global Asset Allocation Index. Under normal market conditions, the fund invests at least 80% of its total assets in the components of the underlying index or in depositary receipts representing components of the underlying index. The underlying index is designed to provide diversified exposure, including inverse exposure, to all of the major world asset classes in the various regions, countries and sectors around the globe.
Grade (RS Rating)
Last Trade
$29.05
Average Daily Volume
10,378
19
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
$21.10
Average Daily Volume
2,614
8
Performance
| Period | GAA | LALT |
|---|---|---|
| 30 Days | -1.03% | -0.24% |
| 60 Days | -1.34% | 0.82% |
| 90 Days | 1.40% | 1.09% |
| 12 Months | 12.85% | 6.88% |
0 Overlapping Holdings
| Symbol | Grade | Weight in GAA | Weight in LALT | Overlap |
|---|
GAA Overweight 19 Positions Relative to LALT
GAA: Top Represented Industries & Keywords
LALT: Top Represented Industries & Keywords
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