Price Chart
Key Statistics
Previous Close
$24.36Day Range
52-Week Range
Avg Volume
154.6KDividend Yield
1.88%Expense Ratio
0.20%AUM
$325.4MShares Outstanding
13.1METF Grades
?ETF Grades compare this fund against others in the same category using percentile rankings across six factors. Grades range from A+ (top 5%) to F (bottom 20%). Updated daily.Sector Breakdown
| Sector | Weight % |
|---|---|
| Financial Services | 26.04% |
| Technology | 25.65% |
| Healthcare | 11.03% |
| Communication Services | 7.09% |
| Industrials | 6.57% |
| Energy | 5.14% |
| Consumer Cyclical | 5.07% |
| Consumer Defensive | 4.88% |
| Basic Materials | 4.19% |
| Real Estate | 3.52% |
| Utilities | 0.81% |
| Cash & Others | 0.01% |
Country Allocation
| Country | Weight % |
|---|---|
| United States | 99.93% |
| Other | 0.07% |
Fund Information
- Issuer
- First Trust
- Category
- Financial Services
- 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 $325.4M in assets under management. The fund charges an expense ratio of 0.20%. 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 | FTLS | First Trust Long/Short Equity ETF | 21.70% | 945,088 | $71.6M |
| 2 | FMF | First Trust Managed Futures Strategy Fund | 21.36% | 1,395,881 | $70.5M |
| 3 | FAAR | First Trust Alternative Absolute Return Strategy ETF | 20.94% | 2,204,268 | $69.1M |
| 4 | LMBS | First Trust Low Duration Opportunities ETF | 10.31% | 684,298 | $34.0M |
| 5 | FLSP | Franklin Systematic Style Premia ETF | 9.54% | 1,110,082 | $31.5M |
| 6 | FTGC | First Trust Global Tactical Commodity Strategy Fund | 8.85% | 960,898 | $29.2M |
| 7 | IEF | iShares 7-10 Year Treasury Bond ETF | 7.24% | 256,832 | $23.9M |
| 8 | — | US Dollar | 0.07% | 245,829 | $246K |
Detailed Returns
| Period | Return | ETF |
|---|---|---|
| 1D | +0.10% | |
| 1W | -0.04% | |
| 1M | +0.74% | |
| 3M | -1.45% | |
| 6M | +0.40% | |
| YTD | +6.88% | |
| 1Y | +10.88% | |
| 3Y | +20.73% | |
| 5Y | +21.89% |
Moving Averages
$24.27
Above 20-Day MA$24.18
Above 50-Day MA$24.01
Above 200-Day MAPrice with Moving Averages
Support & Resistance
52-Week High
$25.04
Current Price
$24.39
52-Week Low
$22.00
Current Yield
1.88%
Annual Dividend
$0.9831
Frequency
4x/year
Last Ex-Date
Jun 25, 2026
Dividend History
| Ex-Date | Amount | Pay Date |
|---|---|---|
| Jun 25, 2026 | $0.0737 | Jun 30, 2026 |
| Mar 26, 2026 | $0.5038 | Mar 31, 2026 |
| 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(803 ETFs) | Active(633 ETFs) |
|---|---|---|---|
| Fund Info | |||
| Expense Ratio | 0.20% | 0.66% | 0.81% |
| AUM | $325.4M | $4.19B | $365.4M |
| Dividend Yield | 1.88% | 4.74% | 6.78% |
| Avg Volume | 154.6K | 809.5K | 105.7K |
| Holdings | 9 | 261 | 84 |
| Performance | |||
| 1-Month Return | +0.81% | +2.52% | +2.59% |
| 6-Month Return | -0.55% | +7.03% | +4.32% |
| YTD Return | +6.91% | +9.88% | +6.13% |
| 1-Year Return | +4.98% | +8.83% | +4.45% |
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