INDF vs. LALT ETF Comparison
Comparison of Nifty India Financials ETF (INDF) to First Trust Multi-Strategy Alternative ETF (LALT)
INDF
Nifty India Financials ETF
INDF Description
The investment seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of the Nifty Financial Services 25/50 Index (the index). The fund will normally invest at least 80% of its total assets in securities of the index or in depositary receipts representing securities of the index. The index is designed to measure the performance of companies in the Indian financial market, including banks, financial institutions, housing finance, insurance companies and other financial services companies (Indian Financial Companies).
Grade (RS Rating)
Last Trade
$37.63
Average Daily Volume
1,172
2
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
$21.25
Average Daily Volume
2,638
8
Performance
Period | INDF | LALT |
---|---|---|
30 Days | -3.79% | 0.36% |
60 Days | -8.50% | 1.24% |
90 Days | -3.58% | 1.30% |
12 Months | 6.49% | 7.46% |
0 Overlapping Holdings
Symbol | Grade | Weight in INDF | Weight in LALT | Overlap |
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INDF: Top Represented Industries & Keywords
LALT: Top Represented Industries & Keywords