LALT vs. STCE ETF Comparison
Comparison of First Trust Multi-Strategy Alternative ETF (LALT) to Schwab Crypto Thematic ETF (STCE)
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
8
STCE
Schwab Crypto Thematic ETF
STCE Description
The fund will not invest in cryptocurrency or digital assets directly. The investment adviser typically seeks to track the total return of the index by replicating the index. It is non-diversified.Grade (RS Rating)
Last Trade
$52.38
Average Daily Volume
29,953
23
Performance
Period | LALT | STCE |
---|---|---|
30 Days | 1.29% | 34.41% |
60 Days | 1.65% | 55.61% |
90 Days | 1.60% | 46.41% |
12 Months | 7.78% | 132.89% |
0 Overlapping Holdings
Symbol | Grade | Weight in LALT | Weight in STCE | Overlap |
---|
LALT Underweight 23 Positions Relative to STCE
Symbol | Grade | Weight | |
---|---|---|---|
MSTR | C | -13.68% | |
COIN | C | -7.93% | |
CIFR | B | -7.47% | |
IREN | C | -6.25% | |
CLSK | C | -4.76% | |
HOOD | B | -4.01% | |
RIOT | C | -3.86% | |
BTBT | C | -3.54% | |
MARA | C | -3.07% | |
IBKR | A | -2.96% | |
SQ | B | -2.83% | |
PYPL | B | -2.06% | |
CBOE | B | -2.03% | |
WT | B | -1.68% | |
OPRA | A | -1.12% | |
FOUR | B | -1.08% | |
NVDA | C | -1.05% | |
VIRT | B | -1.04% | |
SNEX | B | -1.04% | |
BGC | C | -0.96% | |
CME | A | -0.95% | |
CUBI | C | -0.94% | |
ICE | C | -0.86% |
LALT: Top Represented Industries & Keywords
STCE: Top Represented Industries & Keywords