LALT vs. GHTA ETF Comparison

Comparison of First Trust Multi-Strategy Alternative ETF (LALT) to Goose Hollow Tactical Allocation ETF (GHTA)

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

Number of Holdings ^*

8

* may have additional holdings in another (foreign) market

GHTA

Goose Hollow Tactical Allocation ETF

GHTA Description

Goose Hollow Tactical Allocation ETF seeks to provide total return. The fund is an actively managed ETF that invests in a combination of equity and fixed income ETFs. The underlying funds in which the fund invests each primarily invest in (1) U.S. common, preferred, or convertible stocks, (2) foreign common, preferred, or convertible stocks, (3) emerging market common, preferred, or convertible stocks, (4) U.S. fixed income securities, (5) real estate investment trusts, (6) master-limited partnerships, and (7) agency and mortgage backed securities.

Grade (RS Rating)

Last Trade

$29.18

Average Daily Volume

2,926

Number of Holdings ^*

9

* may have additional holdings in another (foreign) market

Performance

Period	LALT	GHTA
30 Days	0.13%	-3.15%
60 Days	0.52%	2.76%
90 Days	1.17%	4.59%
12 Months	7.02%	17.55%

0 Overlapping Holdings

	Symbol	Grade	Weight in LALT	Weight in GHTA	Overlap

LALT Overweight 8 Positions Relative to GHTA

	Symbol	Grade	Weight
	FTLS	A	21.86%
	FAAR	F	21.53%
	FMF	D	21.07%
	UCON	C	12.28%
	IAU	A	8.28%
	FTHI	A	5.02%
	MARB	F	5.0%
	IEF	D	4.83%

LALT Underweight 9 Positions Relative to GHTA

	Symbol	Grade	Weight
	USFR	A	-11.71%
	IVOL	F	-10.75%
	EWW	F	-9.01%
	TFLO	A	-8.82%
	AGNC	D	-7.97%
	PALL	B	-3.85%
	BIL	A	-3.36%
	VGLT	D	-2.64%
	ARGT	A	-1.98%

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

GHTA: Top Represented Industries & Keywords

Industries: REIT - Residential

Keywords: ETF Exchange Traded Fund U.S. Treasury Bond Index Fund Bloomberg Barclays Us Aggregate Bond Index Fixed Income Inflation Mortgage Backed Security Structured Finance American Capital Barclays U.S. Long Government Bond Market Indices Collateralized Debt Obligation Corporate Bond Credit Risk Exchange Traded Funds Ftse Asfa Australia All Share Index Government Agency Government Bond