RLY vs. LALT ETF Comparison

Comparison of SPDR SSgA Multi Asset Real Return ETF (RLY) to First Trust Exchange-Traded Fund VIII First Trust Multi-Strategy Alternative ETF (LALT)

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

$28.01

Average Daily Volume

116,762

Number of Holdings ^*

9

* may have additional holdings in another (foreign) market

LALT

First Trust Exchange-Traded Fund VIII 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

$20.85

Average Daily Volume

1,855

Number of Holdings ^*

8

* may have additional holdings in another (foreign) market

Performance

Period	RLY	LALT
30 Days	0.48%	1.51%
60 Days	0.14%	1.87%
90 Days	-0.14%	0.11%
12 Months	10.09%	7.66%

0 Overlapping Holdings

	Symbol	Grade	Weight in RLY	Weight in LALT	Overlap

RLY Overweight 9 Positions Relative to LALT

	Symbol	Grade	Weight
	GNR	C	27.98%
	GII	C	24.3%
	PDBC	B	17.03%
	TIPX	A	8.37%
	BIL	B	5.48%
	WIP	C	5.05%
	RWR	B	0.52%
	RWX	D	0.48%
	MOO	F	0.24%

RLY Underweight 8 Positions Relative to LALT

	Symbol	Grade	Weight
	FAAR	B	-21.57%
	FMF	B	-20.8%
	FTLS	A	-17.55%
	UCON	A	-12.5%
	MARB	D	-12.06%
	IAU	C	-5.36%
	FTGC	C	-5.2%
	IEF	B	-4.94%

RLY: Top Represented Industries & Keywords

Industries:

Keywords: ETF Exchange Traded Fund Index Fund Bond Real Estate Securities Stock Market Index Agribusiness Agricultural Products Agriculture Agronomy Aquaculture Bond Market Bond Market Indices Commodity Commodity Markets Commodity Trading Advisor Exchange Traded Products Farm Machinery Fertilizer Food Industry

LALT: Top Represented Industries & Keywords

Industries:

Keywords: Exchange Traded Fund ETF Exchange Traded Funds Commodity Markets Absolute Return American Depositary Receipt Bear Market ETF Betashares Bloomberg Barclays Us Aggregate Bond Index Bond Bond Market Bullion Commercial Mortgage Backed Security Commodity Commodity Pool Depositary Receipt Exchange Government Bonds Index Fund Inverse ETF