LALT vs. OCIO ETF Comparison
Comparison of First Trust Multi-Strategy Alternative ETF (LALT) to ClearShares OCIO ETF (OCIO)
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
$21.25
Average Daily Volume
3,958
8
OCIO
ClearShares OCIO ETF
OCIO Description
The investment seeks to outperform a traditional 60/40 mix of global equity and fixed-income investments. The fund is expected to typically invest approximately 40% to 70% of its total assets in underlying funds that principally invest in equity securities of any market capitalization. It is expected to typically invest approximately 20% to 50% of its total assets in underlying funds that principally invest in debt obligations.Grade (RS Rating)
Last Trade
$34.46
Average Daily Volume
796
15
Performance
Period | LALT | OCIO |
---|---|---|
30 Days | 1.29% | 1.79% |
60 Days | 1.65% | 1.47% |
90 Days | 1.60% | 2.49% |
12 Months | 7.78% | 16.20% |
0 Overlapping Holdings
Symbol | Grade | Weight in LALT | Weight in OCIO | Overlap |
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LALT: Top Represented Industries & Keywords
OCIO: Top Represented Industries & Keywords