LALT vs. WBIF ETF Comparison
Comparison of First Trust Multi-Strategy Alternative ETF (LALT) to WBI Large Cap Tactical Value Shares (WBIF)
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
WBIF
WBI Large Cap Tactical Value Shares
WBIF Description
The investment seeks long-term capital appreciation and the potential for current income, while also seeking to protect principal during unfavorable market conditions. The fund will invest at least 80% of its net assets, plus the amount of any borrowings for investment purposes, in the equity securities of large capitalization domestic and foreign companies which WBI Investments, Inc., the sub-advisor to the fund and an affiliate of Millington Securities Inc., the advisor, believes display an attractive discount in a company's intrinsic value relative to its market price, and up to 20% of its net assets in other tactical investment opportunities.Grade (RS Rating)
Last Trade
$29.40
Average Daily Volume
1,099
69
Performance
| Period | LALT | WBIF |
|---|---|---|
| 30 Days | 1.16% | 2.05% |
| 60 Days | 1.87% | 7.25% |
| 90 Days | 0.47% | 1.34% |
| 12 Months | 8.33% | 13.13% |
0 Overlapping Holdings
| Symbol | Grade | Weight in LALT | Weight in WBIF | Overlap |
|---|
LALT Underweight 69 Positions Relative to WBIF
| Symbol | Grade | Weight | |
|---|---|---|---|
| BDX | C | -3.27% | |
| DTE | B | -3.26% | |
| UNM | A | -3.21% | |
| VOYA | A | -3.21% | |
| WRB | C | -3.2% | |
| CI | D | -3.16% | |
| FIX | A | -3.12% | |
| RGA | B | -3.09% | |
| UHS | D | -3.05% | |
| PRU | B | -2.99% | |
| CMS | A | -2.98% | |
| OXY | D | -2.89% | |
| LRCX | D | -1.52% | |
| AMAT | C | -1.5% | |
| LEN | C | -1.48% | |
| MCK | F | -1.48% | |
| AXP | A | -1.48% | |
| V | B | -1.47% | |
| CSL | A | -1.47% | |
| MPC | D | -1.46% | |
| PHM | C | -1.45% | |
| DHI | C | -1.44% | |
| SLB | D | -1.43% | |
| ADP | A | -1.43% | |
| BYD | B | -1.39% | |
| MLI | B | -1.38% | |
| PAG | D | -1.37% | |
| NXST | D | -1.35% | |
| AME | C | -1.33% | |
| PAYX | B | -1.32% | |
| DKS | D | -1.31% | |
| EXP | C | -1.29% | |
| BR | B | -1.29% | |
| PRI | A | -1.28% | |
| RMD | C | -1.28% | |
| OC | C | -1.28% | |
| G | A | -1.27% | |
| R | C | -1.26% | |
| HRB | C | -1.22% | |
| LPX | C | -1.22% | |
| CASY | D | -1.22% | |
| TXRH | A | -1.2% | |
| KBR | A | -1.2% | |
| FLTR | A | -0.77% | |
| FALN | B | -0.77% | |
| AGZD | A | -0.76% | |
| DFS | A | -0.72% | |
| FTSL | A | -0.7% | |
| SYF | A | -0.57% | |
| EG | A | -0.57% | |
| ALSN | A | -0.57% | |
| DOX | B | -0.56% | |
| IPG | D | -0.56% | |
| TOL | C | -0.56% | |
| AVY | D | -0.56% | |
| NEU | F | -0.55% | |
| EQH | B | -0.55% | |
| STIP | B | -0.55% | |
| ALLE | A | -0.55% | |
| TTC | F | -0.55% | |
| GPI | C | -0.55% | |
| DCI | B | -0.55% | |
| CBT | B | -0.55% | |
| SCI | D | -0.54% | |
| THG | A | -0.54% | |
| NOV | F | -0.53% | |
| GL | C | -0.53% | |
| AOS | C | -0.43% | |
| BKLN | A | -0.32% |
LALT: Top Represented Industries & Keywords
WBIF: Top Represented Industries & Keywords
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