LALT vs. BUFP ETF Comparison
Comparison of First Trust Multi-Strategy Alternative ETF (LALT) to PGIM Laddered Fund of Buffer 12 ETF (BUFP)
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
$21.02
Average Daily Volume
2,310
8
BUFP
PGIM Laddered Fund of Buffer 12 ETF
BUFP Description
The fund seeks to achieve its investment objective by providing investors with U.S. large-cap equity market exposure while attempting to limit downside risk through a "laddered portfolio" of twelve PGIM US Large-Cap Buffer 12 ETFs. Under normal market conditions, the fund invests at least 80% of its net assets (plus any borrowings for investment purposes) in ETFs.Grade (RS Rating)
Last Trade
$26.72
Average Daily Volume
5,081
10
Performance
| Period | LALT | BUFP |
|---|---|---|
| 30 Days | -0.06% | 1.31% |
| 60 Days | 1.39% | 3.43% |
| 90 Days | 0.86% | 4.52% |
| 12 Months | 7.60% |
0 Overlapping Holdings
| Symbol | Grade | Weight in LALT | Weight in BUFP | Overlap |
|---|
LALT: Top Represented Industries & Keywords
BUFP: Top Represented Industries & Keywords
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