First Trust Multi-Strategy Alternative ETF (LALT)
23.05
-0.05
(-0.22%)
USD |
NYSEARCA |
Dec 09, 16:00
Price Chart
Key Stats
| Net Expense Ratio | Discount or Premium to NAV | Total Assets Under Management | 30-Day Average Daily Volume |
|---|---|---|---|
| 0.21% | 0.13% | 31.08M | 8923.70 |
| Weighted Average Dividend Yield | Turnover Ratio (Generic) | 1 Year Fund Level Flows | Max Drawdown (Since Inception) |
| -- | 31.00% | 13.87M | Upgrade |
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 |
| 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 December 10, 2025.
Asset Allocation
As of November 30, 2025.
| Type | % Net |
|---|---|
| Cash | 31.69% |
| Stock | 17.38% |
| Bond | 48.40% |
| Convertible | 0.00% |
| Preferred | 0.00% |
| Other | 2.53% |
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 |
| 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% |