TAGS vs. LALT ETF Comparison
Comparison of Teucrium Agricultural Fund ETV (TAGS) to First Trust Multi-Strategy Alternative ETF (LALT)
TAGS
Teucrium Agricultural Fund ETV
TAGS Description
The Teucrium Agricultural Fund (NYSE: TAGS) provides investors exposure to four core agricultural commodities, namely, corn, wheat, soybeans, and sugar, without the need for a futures account. TAGS invests directly in shares of the following four Teucrium Funds: Teucrium Corn Fund, Teucrium Soybean Fund, Teucrium Sugar Fund and Teucrium Wheat Fund (the “Underlying Funds”). The Underlying Funds were designed to reduce the effects of backwardation and contango. The investment objective of the Fund is to have the daily changes in percentage terms of the Shares’ NAV reflect the daily changes in percentage terms of a weighted average (the “Underlying Fund Average”) of the NAVs per share of the Underlying Funds. The Fund seeks to achieve its investment objective by investing under normal market conditions in the publicly-traded shares of each Underlying Fund so that the Underlying Fund Average will have a weighting of 25% to each Underlying Fund, and the Fund’s assets will be rebalanced, generally on a daily basis, to maintain the approximate 25% allocation to each Underlying Fund.
Grade (RS Rating)
Last Trade
$25.67
Average Daily Volume
1,888
4
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
$21.13
Average Daily Volume
2,615
8
Performance
| Period | TAGS | LALT |
|---|---|---|
| 30 Days | -0.12% | -0.14% |
| 60 Days | -1.70% | 0.73% |
| 90 Days | 6.25% | 1.05% |
| 12 Months | -17.22% | 6.78% |
0 Overlapping Holdings
| Symbol | Grade | Weight in TAGS | Weight in LALT | Overlap |
|---|
TAGS: Top Represented Industries & Keywords
LALT: Top Represented Industries & Keywords
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