AUM$45.9M
Expense Ratio1.18%
NAV$24.81
Holdings9
InceptionJan 31, 2023
Price Chart
Key Statistics
Previous Close
$24.92Day Range
$25.00$25.03
52-Week Range
$20.05$24.92
Avg Volume
17.6KDividend Yield
1.88%Expense Ratio
1.18%AUM
$45.9MShares Outstanding
969.0KSector Breakdown
| Sector | Weight % |
|---|---|
| Financial Services | 29.83% |
| Technology | 26.20% |
| Communication Services | 9.02% |
| Consumer Cyclical | 9.01% |
| Healthcare | 8.38% |
| Industrials | 6.98% |
| Consumer Defensive | 4.17% |
| Basic Materials | 2.23% |
| Energy | 1.94% |
| Utilities | 1.22% |
| Real Estate | 1.01% |
| Cash & Others | 0.01% |
Country Allocation
| Country | Weight % |
|---|---|
| United States | 99.89% |
| Other | 0.11% |
Fund Information
- Issuer
- First Trust
- Category
- Financial Services
- Subcategory
- S&P 500
- Inception Date
- Jan 31, 2023
- Exchange
- NYSE_ARCA
- Description
- The First Trust Multi-Strategy Alternative ETF's (the "Fund") investment objective is long-term total return. 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.
Similar ETFs
The First Trust Multi-Strategy Alternative ETF (LALT) is an exchange-traded fund issued by First Trust that launched on Jan 31, 2023. It currently manages $45.9M in assets under management. The fund charges an expense ratio of 1.18%. The fund holds 9 securities in its portfolio. It falls under the Financial Services category.
Top 10 holdings represent 100.0% of the fund
| Rank | Symbol | Name | Weight % | Shares | Market Value |
|---|---|---|---|---|---|
| 1 | FAAR | First Trust Alternative Absolute Return Strategy ETF | 23.96% | 333,552 | $11.0M |
| 2 | FMF | First Trust Managed Futures Strategy Fund | 21.25% | 192,701 | $9.8M |
| 3 | FTLS | First Trust Long/Short Equity ETF | 18.14% | 117,989 | $8.3M |
| 4 | LMBS | First Trust Low Duration Opportunities ETF | 9.67% | 88,399 | $4.4M |
| 5 | IAU | iShares Gold Trust | 8.82% | 41,399 | $4.1M |
| 6 | IEF | iShares 7-10 Year Treasury Bond ETF | 6.89% | 32,790 | $3.2M |
| 7 | FTGC | First Trust Global Tactical Commodity Strategy Fund | 6.57% | 108,605 | $3.0M |
| 8 | MARB | First Trust Merger Arbitrage ETF | 4.59% | 101,963 | $2.1M |
| 9 | $USD | US Dollar | 0.11% | 0 | $50K |
Detailed Returns
| Period | Return | ETF | Cat. Avg | vs Avg |
|---|---|---|---|---|
| 1D | +0.39% | — | ||
| 1W | +1.04% | — | ||
| 1M | +4.30% | — | ||
| 3M | +9.86% | — | ||
| 6M | +10.54% | — | ||
| YTD | +9.21% | — | ||
| 1Y | +18.56% | — | ||
| 3Y | +25.43% | — | ||
| 5Y | +24.55% | — |
Moving Averages
20-Day MA
$24.28
Above 20-Day MA50-Day MA
$23.75
Above 50-Day MA200-Day MA
$22.52
Above 200-Day MAPrice with Moving Averages
Support & Resistance
52-Week High
$24.92
Current Price
$25.02
52-Week Low
$20.05
$20.05$24.92
Current Yield
1.88%
Annual Dividend
$0.8206
Frequency
4x/year
Last Ex-Date
Dec 12, 2025
Dividend History
| Ex-Date | Amount | Pay Date |
|---|---|---|
| Dec 12, 2025 | $0.3239 | Dec 31, 2025 |
| Jun 26, 2025 | $0.0817 | Jun 30, 2025 |
| Mar 27, 2025 | $0.0577 | Mar 31, 2025 |
| Dec 13, 2024 | $0.3573 | Dec 31, 2024 |
| Jun 27, 2024 | $0.0752 | Jun 28, 2024 |
| Dec 22, 2023 | $0.3891 | Dec 29, 2023 |
| Jun 27, 2023 | $0.0924 | Jun 30, 2023 |
| Dec 24, 2018 | $0.0317 | Dec 31, 2018 |
| Dec 18, 2017 | $0.0960 | Dec 29, 2017 |
| Dec 16, 2016 | $0.3450 | Dec 30, 2016 |
Dividend Payments Over Time
Category Comparison
| Metric | LALT | Financial Services(780 ETFs) | S&P 500(415 ETFs) |
|---|---|---|---|
| Fund Info | |||
| Expense Ratio | 1.18% | 0.67% | 0.74% |
| AUM | $45.9M | $3.06B | $9.52B |
| Dividend Yield | 1.88% | 4.52% | 3.76% |
| Avg Volume | 17.6K | 1.4M | 1.3M |
| Holdings | 9 | 277 | 90 |
| Performance | |||
| 1-Month Return | +3.84% | -3.78% | -1.49% |
| 6-Month Return | +11.81% | +3.45% | +2.47% |
| YTD Return | +9.36% | +1.56% | +0.16% |
| 1-Year Return | +19.53% | +16.03% | +12.68% |
Compare with Another ETF
Search for an ETF to compare with LALT: