LALT vs. PGF ETF Comparison

Comparison of First Trust Multi-Strategy Alternative ETF (LALT) to PowerShares Financial Preferred (PGF)

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

Number of Holdings ^*

8

* may have additional holdings in another (foreign) market

PGF

PowerShares Financial Preferred

PGF Description

The PowerShares Financial Preferred Portfolio (Fund) is based on the Wells Fargo® Hybrid and Preferred Securities Financial Index (WHPSF Index). The Fund will normally invest at least 90% of its total assets in preferred securities that comprise the Index. The Index tracks the performance of US-listed securities issued by financial institutions. The Fund and the Index are rebalanced and reconstituted monthly.

Grade (RS Rating)

Last Trade

$15.71

Average Daily Volume

172,393

Number of Holdings ^*

3

* may have additional holdings in another (foreign) market

Performance

Period	LALT	PGF
30 Days	1.16%	2.62%
60 Days	1.87%	7.87%
90 Days	0.47%	7.26%
12 Months	8.33%	23.79%

0 Overlapping Holdings

	Symbol	Grade	Weight in LALT	Weight in PGF	Overlap

LALT Overweight 8 Positions Relative to PGF

	Symbol	Grade	Weight
	FTLS	A	21.53%
	FAAR	F	21.2%
	FMF	F	20.89%
	UCON	B	12.67%
	IAU	B	8.58%
	IEF	D	5.14%
	MARB	D	5.08%
	FTGC	B	4.81%

LALT Underweight 3 Positions Relative to PGF

	Symbol	Grade	Weight
	ESGRP	F	-0.65%
	ACGLO	B	-0.64%
	OZKAP	A	-0.53%

LALT: Top Represented Industries & Keywords

Industries:

Keywords: Exchange Traded Fund ETF Exchange Traded Funds Commodity Markets Absolute Return American Depositary Receipt Bear Market ETF Betashares Bloomberg Barclays Us Aggregate Bond Index Bond Bond Market Bullion Commercial Mortgage Backed Security Commodity Commodity Pool Depositary Receipt Exchange Government Bonds Index Fund Inverse ETF

PGF: Top Represented Industries & Keywords

Industries: Insurance - Diversified Banks - Regional

Keywords: Actuarial Science Agricultural Equipment American Depositary Receipt Arch Capital Group Bank Banking Cheque Consulting And Other Services Corporate Trust Services Credit Card Debit Card Deposit Products Insurance Insurance Industry Mobile Banking Payment Systems Preferred Stock Reinsurance Reinsurance Companies Retail And Commercial Banking Services