LALT vs. PP ETF Comparison

Comparison of First Trust Exchange-Traded Fund VIII First Trust Multi-Strategy Alternative ETF (LALT) to The Meet Kevin Pricing Power ETF (PP)

LALT

First Trust Exchange-Traded Fund VIII 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

$20.98

Average Daily Volume

2,932

Number of Holdings ^*

8

* may have additional holdings in another (foreign) market

PP

The Meet Kevin Pricing Power ETF

PP Description

The Meet Kevin Pricing Power ETF is an exchange traded fund launched and managed by Toroso Investments, LLC. The fund is co-managed by Plato’s Philosophy LLC. It invests in public equity markets. It invests in stocks of companies operating across diversified sectors. It invests in growth stocks of companies across diversified market capitalization. It employs fundamental analysis with bottom-up stock picking approach to create its portfolio. The fund employs proprietary and internal research to create its portfolio. The Meet Kevin Pricing Power ETF is domiciled in the United States.

Grade (RS Rating)

Last Trade

$28.31

Average Daily Volume

17,291

Number of Holdings ^*

7

* may have additional holdings in another (foreign) market

Performance

Period	LALT	PP
30 Days	0.38%	-0.83%
60 Days	1.04%	1.31%
90 Days	0.41%	-5.73%
12 Months	6.47%	23.49%

1 Overlapping Holdings

	Symbol	Grade	Weight in LALT	Weight in PP	Overlap
	IAU	A	8.58%	5.05%	5.05%

LALT Overweight 7 Positions Relative to PP

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

LALT Underweight 6 Positions Relative to PP

	Symbol	Grade	Weight
	RKT	C	-14.44%
	UWMC	D	-10.42%
	UI	A	-6.45%
	BITI	F	-4.93%
	ENPH	D	-3.92%
	AAPL	C	-3.91%

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

PP: Top Represented Industries & Keywords

Industries: Communication Equipment Consumer Electronics Mortgage Finance Semiconductor Equipment & Materials Shell Companies

Keywords: Computing Loan Mortgage Broker Nasdaq 100 S&P 500 Backhaul Bitcoin Broadband Bullion Cellular Network Commodity Pool Computer Network Computer Networking Consumer Electronics Cryptocurrency Digital Currencies Digital Media Dow Jones Component ETF Economics Of Bitcoin