Price Chart
Key Statistics
Previous Close
$24.28Day Range
52-Week Range
Avg Volume
124.3KDividend Yield
1.88%Expense Ratio
1.18%AUM
$84.0MShares Outstanding
969.0KETF 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 | 31.42% |
| Technology | 22.06% |
| Consumer Cyclical | 7.88% |
| Industrials | 7.73% |
| Healthcare | 7.32% |
| Energy | 5.81% |
| Consumer Defensive | 5.51% |
| Communication Services | 5.18% |
| Basic Materials | 4.42% |
| Real Estate | 1.52% |
| Utilities | 1.15% |
Country Allocation
| Country | Weight % |
|---|---|
| United States | 99.88% |
| Other | 0.12% |
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 $84.0M 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 | FMF | First Trust Managed Futures Strategy Fund | 21.63% | 258,456 | $18.2M |
| 2 | FAAR | First Trust Alternative Absolute Return Strategy ETF | 21.15% | 386,538 | $17.8M |
| 3 | FTLS | First Trust Long/Short Equity ETF | 20.94% | 172,783 | $17.6M |
| 4 | LMBS | First Trust Low Duration Opportunities ETF | 10.31% | 127,931 | $8.7M |
| 5 | FTGC | First Trust Global Tactical Commodity Strategy Fund | 7.91% | 169,300 | $6.6M |
| 6 | IEF | iShares 7-10 Year Treasury Bond ETF | 7.25% | 47,619 | $6.1M |
| 7 | FLSP | Franklin Systematic Style Premia ETF | 6.92% | 156,294 | $5.8M |
| 8 | IAU | iShares Gold Trust | 3.77% | 27,632 | $3.2M |
| 9 | $USD | US Dollar | 0.12% | 0 | $97K |
Detailed Returns
| Period | Return | ETF |
|---|---|---|
| 1D | +0.52% | |
| 1W | -1.62% | |
| 1M | -2.13% | |
| 3M | -1.50% | |
| 6M | +7.37% | |
| YTD | +6.83% | |
| 1Y | +14.58% | |
| 3Y | +22.51% | |
| 5Y | +21.83% |
Moving Averages
$24.68
Below 20-Day MA$24.65
Below 50-Day MA$23.59
Above 200-Day MAPrice with Moving Averages
Support & Resistance
52-Week High
$25.04
Current Price
$24.41
52-Week Low
$21.12
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(785 ETFs) | Active(633 ETFs) |
|---|---|---|---|
| Fund Info | |||
| Expense Ratio | 1.18% | 0.68% | 0.80% |
| AUM | $84.0M | $4.10B | $344.1M |
| Dividend Yield | 1.88% | 4.68% | 6.78% |
| Avg Volume | 124.3K | 1.0M | 135.3K |
| Holdings | 9 | 283 | 83 |
| Performance | |||
| 1-Month Return | -1.94% | +0.54% | -0.79% |
| 6-Month Return | +5.77% | +6.36% | +1.67% |
| YTD Return | +6.97% | +7.70% | +4.02% |
| 1-Year Return | +15.00% | +13.56% | +8.70% |
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