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

Number of Holdings *

8

* may have additional holdings in another (foreign) market
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

Number of Holdings *

15

* may have additional holdings in another (foreign) market
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
LALT Overweight 8 Positions Relative to OCIO
Symbol Grade Weight
FTLS A 22.09%
FMF C 21.75%
FAAR D 21.36%
UCON D 12.24%
IAU C 7.75%
FTHI A 5.1%
MARB F 4.94%
IEF F 4.73%
LALT Underweight 15 Positions Relative to OCIO
Symbol Grade Weight
QQQ B -5.89%
SPMO B -5.25%
BIL A -4.4%
IEI D -4.38%
OPER A -4.05%
HEFA C -3.14%
SCHK A -3.11%
GVI C -3.08%
SCHF D -3.03%
SHY D -2.59%
VGIT D -1.31%
IXUS D -0.95%
EYLD D -0.89%
EMXC D -0.72%
CGV C -0.48%
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