LALT vs. RLY ETF Comparison
Comparison of First Trust Multi-Strategy Alternative ETF (LALT) to SPDR SSgA Multi Asset Real Return ETF (RLY)
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
8
RLY
SPDR SSgA Multi Asset Real Return ETF
RLY Description
The investment seeks to achieve real return consisting of capital appreciation and current income. The fund invests substantially all of its assets in the SSgA Multi-Asset Real Return Portfolio, a separate series of the SSgA Master Trust with an identical investment objective as the fund. As a result, the fund invests indirectly through the Portfolio. The Portfolio's allocation among those asset classes will be in proportions consistent with the Adviser's evaluation of the expected returns and risks of each asset class as well as the allocation that, in the Adviser's view, will best meet the Portfolio's investment objective.Grade (RS Rating)
Last Trade
$29.13
Average Daily Volume
67,799
9
Performance
| Period | LALT | RLY |
|---|---|---|
| 30 Days | 1.16% | 5.45% |
| 60 Days | 1.87% | 8.26% |
| 90 Days | 0.47% | 4.28% |
| 12 Months | 8.33% | 16.66% |
0 Overlapping Holdings
| Symbol | Grade | Weight in LALT | Weight in RLY | Overlap |
|---|
LALT: Top Represented Industries & Keywords
RLY: Top Represented Industries & Keywords
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