LALT vs. REM ETF Comparison
Comparison of First Trust Multi-Strategy Alternative ETF (LALT) to iShares Mortgage Real Estate Capped ETF (REM)
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
$21.13
Average Daily Volume
2,638
8
REM
iShares Mortgage Real Estate Capped ETF
REM Description
The investment seeks to track the investment results of an index composed of U.S. real estate investment trusts ("REITs") that hold U.S. residential and commercial mortgages. The fund generally invests at least 90% of its assets in securities of the underlying index and in depositary receipts representing securities of the underlying index. The underlying index measures the performance of the residential and commercial mortgage real estate, mortgage finance and savings associations sectors of the U.S. equity market. The fund is non-diversified.Grade (RS Rating)
Last Trade
$22.88
Average Daily Volume
417,229
33
Performance
| Period | LALT | REM |
|---|---|---|
| 30 Days | 0.07% | 0.26% |
| 60 Days | 0.94% | -4.54% |
| 90 Days | 1.00% | -1.02% |
| 12 Months | 7.14% | 12.10% |
0 Overlapping Holdings
| Symbol | Grade | Weight in LALT | Weight in REM | Overlap |
|---|
LALT Underweight 33 Positions Relative to REM
| Symbol | Grade | Weight | |
|---|---|---|---|
| NLY | C | -15.54% | |
| AGNC | C | -11.23% | |
| STWD | C | -9.72% | |
| RITM | C | -8.6% | |
| ABR | C | -5.06% | |
| BXMT | C | -4.71% | |
| LADR | B | -3.13% | |
| ARI | C | -3.09% | |
| TWO | F | -2.86% | |
| CIM | D | -2.81% | |
| RC | D | -2.76% | |
| PMT | C | -2.71% | |
| MFA | D | -2.67% | |
| FBRT | D | -2.51% | |
| EFC | C | -2.42% | |
| RWT | D | -2.22% | |
| DX | B | -2.2% | |
| ARR | D | -2.18% | |
| BRSP | C | -1.9% | |
| KREF | C | -1.59% | |
| CMTG | F | -1.34% | |
| ORC | B | -1.33% | |
| NYMT | C | -1.28% | |
| TRTX | C | -1.25% | |
| IVR | F | -0.95% | |
| ACRE | B | -0.9% | |
| REFI | A | -0.64% | |
| GPMT | C | -0.41% | |
| AFCG | D | -0.39% | |
| SEVN | C | -0.39% | |
| NREF | A | -0.33% | |
| AOMR | F | -0.26% | |
| SUNS | B | -0.2% |
LALT: Top Represented Industries & Keywords
REM: Top Represented Industries & Keywords
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