AUM $428.4MER 0.20%NAV $24.83Holdings 7Inception Jan 2023
Price Chart
Key Statistics
Previous Close
$24.88Day Range
$24.78$24.89
52-Week Range
$22.64$25.05
Avg Volume
131.4KDividend Yield
1.88%Expense Ratio
0.20%AUM
$428.4MShares 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 % |
|---|---|
| Technology | 29.71% |
| Financial Services | 23.12% |
| Healthcare | 9.61% |
| Industrials | 8.40% |
| Communication Services | 6.97% |
| Consumer Cyclical | 6.58% |
| Energy | 5.00% |
| Consumer Defensive | 3.69% |
| Basic Materials | 3.67% |
| Real Estate | 2.15% |
| Utilities | 1.10% |
Country Allocation
| Country | Weight % |
|---|---|
| United States | 99.86% |
| Other | 0.14% |
Fund Information
- Issuer
- First Trust
- Category
- Technology
- 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 $428.4M in assets under management. The fund charges an expense ratio of 0.20%. The fund holds 7 securities in its portfolio. It falls under the Technology 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 | 21.57% | 1,212,317 | $94.3M |
| 2 | FAAR | First Trust Alternative Absolute Return Strategy ETF | 21.56% | 2,891,948 | $94.3M |
| 3 | FMF | First Trust Managed Futures Strategy Fund | 21.16% | 1,782,768 | $92.5M |
| 4 | LMBS | First Trust Low Duration Opportunities ETF | 10.45% | 940,970 | $45.7M |
| 5 | FLSP | Franklin Systematic Style Premia ETF | 9.59% | 1,442,716 | $41.9M |
| 6 | FTGC | First Trust Global Tactical Commodity Strategy Fund | 7.99% | 1,132,523 | $34.9M |
| 7 | IEF | iShares 7-10 Year Treasury Bond ETF | 7.54% | 365,316 | $33.0M |
| 8 | — | US Dollar | 0.14% | 621,476 | $621K |
Detailed Returns
| Period | Return | ETF |
|---|---|---|
| 1D | -0.08% | |
| 1W | -0.16% | |
| 1M | +0.91% | |
| 3M | +3.11% | |
| 6M | +0.33% | |
| YTD | +8.94% | |
| 1Y | +8.49% | |
| 3Y | +24.96% | |
| 5Y | +24.24% |
Moving Averages
20-Day MA
$24.85
Above 20-Day MA50-Day MA
$24.70
Above 50-Day MA200-Day MA
$24.40
Above 200-Day MAPrice with Moving Averages
Support & Resistance
52-Week High
$25.05
Current Price
$24.86
52-Week Low
$22.64
$22.64$25.05
Current Yield
1.88%
Annual Dividend
$0.9823
Frequency
4x/year
Last Ex-Date
Sep 24, 2026
Dividend History
| Ex-Date | Amount | Pay Date |
|---|---|---|
| Sep 24, 2026 | $0.0809 | Sep 30, 2026 |
| 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 | Technology(1558 ETFs) | Active(633 ETFs) |
|---|---|---|---|
| Fund Info | |||
| Expense Ratio | 0.20% | 0.64% | 0.84% |
| AUM | $428.4M | $6.26B | $397.9M |
| Dividend Yield | 1.88% | 3.04% | 6.77% |
| Avg Volume | 131.4K | 520.9K | 128.5K |
| Holdings | 7 | 184 | 85 |
| Performance | |||
| 1-Month Return | +0.44% | -2.89% | -2.36% |
| 6-Month Return | +0.28% | +0.12% | -2.99% |
| YTD Return | +9.08% | +11.14% | +2.69% |
| 1-Year Return | +6.56% | +8.33% | +0.02% |
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