LALT vs. IFV ETF Comparison
Comparison of First Trust Multi-Strategy Alternative ETF (LALT) to First Trust Dorsey Wright International Focus 5 ETF (IFV)
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
$21.13
Average Daily Volume
2,615
8
IFV
First Trust Dorsey Wright International Focus 5 ETF
IFV Description
The investment seeks investment results that correspond generally to the price andyield (before fees and expenses) of an index called the Dorsey WrightInternational Focus Five Index. The fund will normally invest at least 90% of its net assets (plus the amount ofany borrowings for investment purposes) in the exchange-traded funds ("ETFs") that comprise the index. The index is designed to provide targeted exposure to the five First Trust country/region-based ETFs that the index Provider believes offer the greatest potential to outperform the other ETFs in the selection universe. The fund is non-diversified.Grade (RS Rating)
Last Trade
$19.50
Average Daily Volume
21,725
3
Performance
| Period | LALT | IFV |
|---|---|---|
| 30 Days | -0.14% | -4.45% |
| 60 Days | 0.73% | -5.45% |
| 90 Days | 1.05% | -4.01% |
| 12 Months | 6.78% | 7.82% |
0 Overlapping Holdings
| Symbol | Grade | Weight in LALT | Weight in IFV | Overlap |
|---|
LALT: Top Represented Industries & Keywords
IFV: Top Represented Industries & Keywords
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