LALT vs. INTL ETF Comparison
Comparison of First Trust Multi-Strategy Alternative ETF (LALT) to Main International ETF (INTL)
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
$20.95
Average Daily Volume
2,895
8
INTL
Main International ETF
INTL Description
The fund utilizes a “fund of funds” structure to invest in ETFs that primarily provide exposure to non-U.S. equity securities of companies of any capitalization representing sectors and geographic regions that appear undervalued in comparison to their historical average price. Under normal circumstances, the fund invests at least 50% of its total assets in funds that invest at least 50% of their respective total assets in securities of non-U.S. issuers organized or having their principal place of business outside the U.S.Grade (RS Rating)
Last Trade
$23.94
Average Daily Volume
21,887
10
Performance
| Period | LALT | INTL |
|---|---|---|
| 30 Days | 1.16% | 4.92% |
| 60 Days | 1.87% | 11.98% |
| 90 Days | 0.47% | 4.00% |
| 12 Months | 8.33% | 24.36% |
0 Overlapping Holdings
| Symbol | Grade | Weight in LALT | Weight in INTL | Overlap |
|---|
LALT: Top Represented Industries & Keywords
INTL: Top Represented Industries & Keywords
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