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
$20.92
Average Daily Volume
1,858
8
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
$28.32
Average Daily Volume
9,597
7
Performance
Period | LALT | FDIV |
---|---|---|
30 Days | 0.13% | -1.43% |
60 Days | 0.52% | -1.49% |
90 Days | 1.17% | 2.09% |
12 Months | 7.02% | 20.12% |
0 Overlapping Holdings
Symbol | Grade | Weight in LALT | Weight in FDIV | Overlap |
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LALT: Top Represented Industries & Keywords
FDIV: Top Represented Industries & Keywords