LALT

First Trust Multi-Strategy Alternative ETF

$24.35

-0.08%
CategoryMulti-Asset

The fund is an actively managed exchange-traded fund (“ETF”) that seeks to achieve its investment objective by allocating its assets amongst a variety of alternative asset categories and strategies in an effort to provide lower correlation and diversifying risk exposures compared to traditional equity and fixed income benchmarks (e.g., the S&P 500® Index or Bloomberg Aggregate Bond Index) over various market cycles. The fund is non-diversified.

Source: Yahoo Finance
Q-Score—/ 100
Net Assets$442.2M
P/E—
Dividend Yield3.97%
52-Week Range—
Expense Ratio1.18%
1Y Return+13.3%
Beta0.19
AI summary

Price & performance

1M+0.9%
3M+3.4%
YTD+11.9%
1Y+13.3%
52-week range—
Beta0.19
Full chart and returns against a benchmark

Q-Score

—/ 100

Quality against peers; 50 is the peer median.

Growth—
Risk64
Performance69
Valuation—
Profitability—
Leverage—
Sentiment—
Every score and metric

News sentiment

Open News & Signals

Fund facts

Expense ratio1.18%
Net assets$442.2M
1-year return+13.3%
Top-10 coverage0.0%
Dividend yield3.97%
Concentration and breadth