LALT vs. FDIV ETF Comparison

Comparison of First Trust Multi-Strategy Alternative ETF (LALT) to MarketDesk Focused U.S. Dividend ETF (FDIV)

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

3,958

Number of Holdings ^*

8

* may have additional holdings in another (foreign) market

FDIV

MarketDesk Focused U.S. Dividend ETF

FDIV Description

The fund is an actively managed exchange-traded fund ("ETF") that is sub-advised by MarketDesk Indices LLC ("Sub-Adviser"). The fund seeks to achieve its investment objective by investing at least 80% of its net assets, plus the amount of any borrowing for investment purposes, in a portfolio of U.S. companies that pay dividends and expect to grow the dividend over time.

Grade (RS Rating)

Last Trade

$28.72

Average Daily Volume

10,947

Number of Holdings ^*

7

* may have additional holdings in another (foreign) market

Performance

Period	LALT	FDIV
30 Days	1.29%	0.66%
60 Days	1.65%	-0.59%
90 Days	1.60%	-0.05%
12 Months	7.78%	17.20%

0 Overlapping Holdings

	Symbol	Grade	Weight in LALT	Weight in FDIV	Overlap

LALT Overweight 8 Positions Relative to FDIV

	Symbol	Grade	Weight
	FTLS	A	22.09%
	FMF	C	21.75%
	FAAR	D	21.36%
	UCON	D	12.24%
	IAU	C	7.75%
	FTHI	A	5.1%
	MARB	F	4.94%
	IEF	F	4.73%

LALT Underweight 7 Positions Relative to FDIV

	Symbol	Grade	Weight
	FIXD	D	-32.03%
	HYLS	C	-20.47%
	LMBS	D	-15.21%
	FSIG	C	-10.14%
	LGOV	F	-7.26%
	FEMB	F	-4.77%
	FPE	C	-2.56%

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

FDIV: Top Represented Industries & Keywords

Industries:

Keywords: Exchange Traded Fund ETF Debt Securities Qualified Institutional Buyer Stock Fund Structured Finance Advisorshares Banking Bear Market ETF Betashares Bond Bond Market Index Commercial Mortgage Currency Debt Distressed Securities Exchange Traded Funds Financial Market Financial Regulation Government Bonds