LALT vs. FVC ETF Comparison

Comparison of First Trust Multi-Strategy Alternative ETF (LALT) to First Trust Dorsey Wright Dynamic Focus 5 ETF (FVC)

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

$21.10

Average Daily Volume

2,533

Number of Holdings ^*

8

* may have additional holdings in another (foreign) market

FVC

First Trust Dorsey Wright Dynamic Focus 5 ETF

FVC Description

This exchange-traded fund seeks investment results that correspond generally to the price and yield (before the fund's fees and expenses) of an index called the Dorsey Wright Dynamic Focus Five Index.

Grade (RS Rating)

Last Trade

$37.29

Average Daily Volume

12,834

Number of Holdings ^*

2

* may have additional holdings in another (foreign) market

Performance

Period	LALT	FVC
30 Days	0.29%	2.98%
60 Days	1.78%	7.78%
90 Days	1.12%	9.00%
12 Months	8.01%	20.36%

0 Overlapping Holdings

	Symbol	Grade	Weight in LALT	Weight in FVC	Overlap

LALT Overweight 8 Positions Relative to FVC

	Symbol	Grade	Weight
	FTLS	A	22.06%
	FAAR	F	21.48%
	FMF	C	21.3%
	UCON	D	12.19%
	IAU	C	8.13%
	FTHI	A	5.13%
	MARB	F	4.94%
	IEF	F	4.74%

LALT Underweight 2 Positions Relative to FVC

	Symbol	Grade	Weight
	FTXL	F	-19.91%
	FXD	A	-18.53%

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

FVC: Top Represented Industries & Keywords

Industries:

Keywords: Index Fund Stock Market Index ETF Euronext Exchange Traded Fund Exchange Traded Funds Fundamentally Based Indexes Investment Management Nyse Euronext