LALT vs. TBFG ETF Comparison
Comparison of First Trust Multi-Strategy Alternative ETF (LALT) to The Brinsmere Fund Growth ETF (TBFG)
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
TBFG
The Brinsmere Fund Growth ETF
TBFG Description
The fund is an actively managed fund of funds, which seeks to achieve its investment objective by investing in a globally diversified portfolio of equity and bond markets. It systematically adjusts its holdings using two proprietary strategies developed by the fund"s investment adviser, The Milwaukee Company, that are run independently. Those strategies are the Systematic Market Beta Strategy ("SMB") and the Classic Asset Allocation Revisited Strategy ("CAAR"). SMB and CAAR systematically rebalance the underlying funds in which the fund may invest based on a set of proprietary risk-management techniques.Grade (RS Rating)
Last Trade
$27.84
Average Daily Volume
770
10
Performance
Period | LALT | TBFG |
---|---|---|
30 Days | 1.29% | -0.14% |
60 Days | 1.65% | 0.81% |
90 Days | 1.60% | 3.13% |
12 Months | 7.78% |
0 Overlapping Holdings
Symbol | Grade | Weight in LALT | Weight in TBFG | Overlap |
---|
LALT: Top Represented Industries & Keywords
TBFG: Top Represented Industries & Keywords