First Trust Multi-Strategy Alternative ETF (LALT)
24.72
+0.01
(+0.04%)
USD |
NYSEARCA |
Oct 05, 16:00
24.70
-0.02
(-0.08%)
Pre-Market: 20:00
Price Chart
Key Stats
| Net Expense Ratio | Discount or Premium to NAV | Total Assets Under Management | 30-Day Average Daily Volume |
|---|---|---|---|
| 1.18% | 0.22% | 405.73M | 144929.5 |
| Weighted Average Dividend Yield | Turnover Ratio (Generic) | 1 Year Fund Level Flows | Max Drawdown (Since Inception) |
| -- | 31.00% | 350.28M |
Basic Info
| Investment Strategy | |
| The Fund seeks long-term total return. The fund seeks to achieve investment objective by allocating its assets amongst a variety of alternative asset categories and strategies to provide lower correlation and diversifying risk exposures compared to traditional equity and fixed income benchmarks over various market cycles. |
| General | |
| Security Type | Exchange-Traded Fund |
| Equity Style | -- |
| Broad Asset Class | Alternative |
| Broad Category | Alternative Strategies |
| Global Peer Group | Alternative Multi Strategies |
| Peer Group | Alternative Multi-Strategy Funds |
| Global Macro | Liquid Alternatives |
| US Macro | Alternative Equity Funds |
| YCharts Categorization | -- |
| YCharts Benchmark | -- |
| Prospectus Objective | Alternative Multi-Strategy Funds |
| Fund Owner Firm Name | First Trust |
| Broad Asset Class Benchmark Index | |
| ^MSACWINTR | 100.0% |
Performance Versus Peer Group
Annual Total Returns Versus Peers
As of October 06, 2026.
Asset Allocation
As of September 30, 2026.
| Type | % Net |
|---|---|
| Cash | 32.98% |
| Stock | 21.13% |
| Bond | 42.17% |
| Convertible | 0.00% |
| Preferred | 0.00% |
| Other | 3.72% |
Basic Info
| Investment Strategy | |
| The Fund seeks long-term total return. The fund seeks to achieve investment objective by allocating its assets amongst a variety of alternative asset categories and strategies to provide lower correlation and diversifying risk exposures compared to traditional equity and fixed income benchmarks over various market cycles. |
| General | |
| Security Type | Exchange-Traded Fund |
| Equity Style | -- |
| Broad Asset Class | Alternative |
| Broad Category | Alternative Strategies |
| Global Peer Group | Alternative Multi Strategies |
| Peer Group | Alternative Multi-Strategy Funds |
| Global Macro | Liquid Alternatives |
| US Macro | Alternative Equity Funds |
| YCharts Categorization | -- |
| YCharts Benchmark | -- |
| Prospectus Objective | Alternative Multi-Strategy Funds |
| Fund Owner Firm Name | First Trust |
| Broad Asset Class Benchmark Index | |
| ^MSACWINTR | 100.0% |