LALT vs. ERNZ ETF Comparison
Comparison of First Trust Multi-Strategy Alternative ETF (LALT) to TrueShares Active Yield ETF (ERNZ)
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
$21.30
Average Daily Volume
4,058
Number of Holdings
*
8
* may have additional holdings in another (foreign) market
ERNZ
TrueShares Active Yield ETF
ERNZ Description
The fund is an actively-managed ETF that seeks to deliver above-average yield relative to the broader market by purchasing a portfolio of 50 to 150 income generating securities. In pursuing its investment objective the fund also employs a secondary focus on capital preservation and the opportunity for long term growth of capital by seeking lower relative volatility compared to the broader market. The fund is non-diversified.Grade (RS Rating)
Last Trade
$24.96
Average Daily Volume
12,287
Number of Holdings
*
168
* may have additional holdings in another (foreign) market
Performance
| Period | LALT | ERNZ |
|---|---|---|
| 30 Days | 1.53% | 1.63% |
| 60 Days | 1.50% | -0.85% |
| 90 Days | 1.97% | 1.63% |
| 12 Months | 7.97% |
1 Overlapping Holdings
| Symbol | Grade | Weight in LALT | Weight in ERNZ | Overlap | |
|---|---|---|---|---|---|
| IEF | D | 4.73% | 0.04% | 0.04% |
LALT Underweight 167 Positions Relative to ERNZ
| Symbol | Grade | Weight | |
|---|---|---|---|
| CLM | A | -3.68% | |
| TCPC | C | -3.58% | |
| FSK | A | -3.54% | |
| OXLC | C | -3.2% | |
| BCC | B | -3.04% | |
| INSW | F | -2.96% | |
| TSLX | B | -2.92% | |
| GBDC | B | -2.92% | |
| CRF | A | -2.91% | |
| WSO | B | -2.78% | |
| QYLD | A | -2.37% | |
| KRP | C | -2.22% | |
| KR | A | -1.68% | |
| GOF | A | -1.51% | |
| NEP | F | -1.47% | |
| CTRA | B | -1.36% | |
| ABR | C | -1.3% | |
| DHT | F | -1.28% | |
| PSEC | D | -1.23% | |
| NAT | F | -1.13% | |
| CAH | B | -1.13% | |
| MUR | F | -1.12% | |
| ABBV | D | -1.09% | |
| HTGC | D | -1.08% | |
| FDUS | A | -1.06% | |
| HRZN | F | -1.03% | |
| SHV | A | -1.01% | |
| GNL | D | -1.0% | |
| BKLN | A | -0.97% | |
| RC | D | -0.95% | |
| AVGO | D | -0.95% | |
| FANG | F | -0.91% | |
| CWH | B | -0.89% | |
| DKS | C | -0.88% | |
| CLX | C | -0.88% | |
| XMHQ | B | -0.87% | |
| GILD | B | -0.87% | |
| TRGP | B | -0.83% | |
| SPTN | D | -0.8% | |
| AOD | D | -0.77% | |
| AGNC | D | -0.75% | |
| ARES | A | -0.75% | |
| TFLO | B | -0.73% | |
| DX | B | -0.71% | |
| ECC | F | -0.7% | |
| ACP | B | -0.6% | |
| USFR | C | -0.54% | |
| DAC | D | -0.5% | |
| LRCX | F | -0.49% | |
| VIRT | B | -0.45% | |
| FRO | F | -0.45% | |
| GBIL | B | -0.44% | |
| CCOI | B | -0.42% | |
| GFF | B | -0.4% | |
| PDI | D | -0.4% | |
| BIL | A | -0.39% | |
| OVV | C | -0.38% | |
| GSBD | F | -0.36% | |
| DDS | B | -0.32% | |
| STLD | B | -0.32% | |
| FCT | A | -0.3% | |
| COST | A | -0.3% | |
| SBR | B | -0.28% | |
| CNA | B | -0.27% | |
| ARCH | B | -0.26% | |
| PMT | D | -0.26% | |
| STNG | F | -0.25% | |
| KREF | D | -0.24% | |
| GNK | D | -0.24% | |
| LVHI | C | -0.24% | |
| NEAR | B | -0.23% | |
| UNIT | B | -0.22% | |
| BTI | B | -0.22% | |
| PULS | A | -0.22% | |
| RA | B | -0.21% | |
| NMFC | C | -0.21% | |
| BIZD | A | -0.2% | |
| SCHO | C | -0.2% | |
| CWEN | C | -0.19% | |
| BXMT | C | -0.19% | |
| BAH | F | -0.19% | |
| MPC | D | -0.19% | |
| ALB | C | -0.18% | |
| SAH | B | -0.18% | |
| APAM | A | -0.18% | |
| WINA | B | -0.18% | |
| FLBL | A | -0.18% | |
| SRLN | A | -0.18% | |
| BRSP | B | -0.17% | |
| COKE | C | -0.17% | |
| RAVI | A | -0.17% | |
| ARCC | A | -0.16% | |
| PAG | B | -0.16% | |
| VNLA | A | -0.16% | |
| LYTS | B | -0.15% | |
| VRIG | A | -0.15% | |
| ETD | C | -0.15% | |
| BGS | F | -0.15% | |
| ICSH | A | -0.15% | |
| FLTR | A | -0.15% | |
| ROL | A | -0.15% | |
| GIS | D | -0.15% | |
| TSCO | D | -0.14% | |
| NEM | F | -0.14% | |
| MINT | A | -0.14% | |
| DVN | F | -0.14% | |
| GOGL | F | -0.14% | |
| PBI | B | -0.13% | |
| FLRN | A | -0.13% | |
| FTSL | B | -0.13% | |
| GFI | D | -0.12% | |
| HYGV | A | -0.12% | |
| MPW | F | -0.12% | |
| JCPB | C | -0.12% | |
| MO | A | -0.12% | |
| GOVT | D | -0.12% | |
| OHI | C | -0.12% | |
| CIVI | F | -0.11% | |
| CVI | F | -0.11% | |
| USDU | A | -0.11% | |
| HRB | D | -0.11% | |
| JMST | B | -0.11% | |
| FTSM | B | -0.11% | |
| SHY | C | -0.11% | |
| HLI | A | -0.11% | |
| IPAR | B | -0.11% | |
| AMRK | F | -0.11% | |
| FHI | A | -0.1% | |
| VGLT | D | -0.1% | |
| RYLD | A | -0.1% | |
| PNNT | C | -0.1% | |
| PCAR | B | -0.1% | |
| DEA | D | -0.1% | |
| SQM | F | -0.1% | |
| PTEN | C | -0.09% | |
| MAIN | A | -0.09% | |
| EDV | D | -0.09% | |
| UVV | B | -0.09% | |
| UTG | A | -0.09% | |
| FLOT | A | -0.09% | |
| ZROZ | D | -0.09% | |
| JPST | A | -0.09% | |
| XYLD | A | -0.09% | |
| KMB | C | -0.09% | |
| HSY | F | -0.09% | |
| NGG | D | -0.08% | |
| CL | D | -0.08% | |
| AGZD | B | -0.08% | |
| K | A | -0.08% | |
| KOF | F | -0.08% | |
| PFE | D | -0.08% | |
| LGOV | D | -0.08% | |
| PEP | F | -0.08% | |
| OLN | D | -0.08% | |
| ASC | F | -0.08% | |
| SJNK | A | -0.08% | |
| CPB | D | -0.08% | |
| LADR | B | -0.08% | |
| WMK | B | -0.08% | |
| JMBS | D | -0.07% | |
| PG | A | -0.07% | |
| AGZ | C | -0.07% | |
| IIPR | D | -0.07% | |
| RDY | F | -0.06% | |
| USA | A | -0.06% | |
| ARI | C | -0.05% | |
| PFLT | D | -0.04% |
LALT: Top Represented Industries & Keywords
Industries:
Keywords:
Exchange Traded Fund
ETF
Exchange Traded Funds
Absolute Return
American Depositary Receipt
Bear Market ETF
Bloomberg Barclays Us Aggregate Bond Index
Bond
Bond Market
Bullion
Commercial Mortgage Backed Security
Commodity Markets
Commodity Pool
Covered Call
Depositary Receipt
Exchange
Government Bonds
Index Fund
Inverse ETF
Investment Company Act
ERNZ: Top Represented Industries & Keywords
Industries:
Asset Management
Shipping & Ports
Oil & Gas E&P
REIT - Diversified
Household & Personal Products
Packaged Foods
Beverages - Soft Drinks
Capital Markets
Drug Manufacturers - Major
Specialty Retail
Tobacco
Auto & Truck Dealerships
Business Services
Gold
Grocery Stores
Oil & Gas Drilling
Oil & Gas Refining & Marketing
REIT - Healthcare Facilities
REIT - Industrial
REIT - Office
Keywords:
Exchange Traded Fund
ETF
S&P 500
Bond
Private Equity
Structured Finance
Real Estate Investment Trust
Bond Market
Loan
U.S. Treasury
Business Development
Mezzanine Capital
Mortgage Backed Security
Mortgage Loan
Bloomberg Barclays Us Aggregate Bond Index
Index Fund
U.S. Government
Crude Oil
Debt Securities
Debt
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