AUM $289.5MER 1.18%NAV $24.13Holdings 9Inception Jan 2023
Price Chart
Key Statistics
Previous Close
$24.21Day Range
$24.09$24.22
52-Week Range
$21.47$25.04
Avg Volume
98.7KDividend Yield
1.88%Expense Ratio
1.18%AUM
$289.5MShares 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 % |
|---|---|
| Technology | 27.63% |
| Financial Services | 25.12% |
| Healthcare | 10.60% |
| Communication Services | 7.02% |
| Industrials | 6.36% |
| Energy | 4.87% |
| Consumer Cyclical | 4.71% |
| Consumer Defensive | 4.68% |
| Basic Materials | 4.64% |
| Real Estate | 3.62% |
| Utilities | 0.75% |
Country Allocation
| Country | Weight % |
|---|---|
| United States | 99.93% |
| Other | 0.07% |
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 $289.5M 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 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 | 21.60% | 172,783 | $62.8M |
| 2 | FMF | First Trust Managed Futures Strategy Fund | 21.51% | 258,456 | $62.6M |
| 3 | FAAR | First Trust Alternative Absolute Return Strategy ETF | 21.05% | 386,538 | $61.2M |
| 4 | LMBS | First Trust Low Duration Opportunities ETF | 10.33% | 127,931 | $30.0M |
| 5 | FLSP | Franklin Systematic Style Premia ETF | 9.44% | 156,294 | $27.5M |
| 6 | FTGC | First Trust Global Tactical Commodity Strategy Fund | 8.70% | 169,300 | $25.3M |
| 7 | IEF | iShares 7-10 Year Treasury Bond ETF | 7.29% | 47,619 | $21.2M |
| 8 | $USD | US Dollar | 0.07% | 0 | $195K |
Detailed Returns
| Period | Return | ETF |
|---|---|---|
| 1D | -0.17% | |
| 1W | +0.58% | |
| 1M | +1.08% | |
| 3M | -1.64% | |
| 6M | +0.79% | |
| YTD | +6.31% | |
| 1Y | +12.24% | |
| 3Y | +20.04% | |
| 5Y | +21.24% |
Moving Averages
20-Day MA
$24.08
Above 20-Day MA50-Day MA
$24.37
Below 50-Day MA200-Day MA
$23.86
Above 200-Day MAPrice with Moving Averages
Support & Resistance
52-Week High
$25.04
Current Price
$24.17
52-Week Low
$21.47
$21.47$25.04
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 | Technology(1511 ETFs) | Active(633 ETFs) |
|---|---|---|---|
| Fund Info | |||
| Expense Ratio | 1.18% | 0.61% | 0.81% |
| AUM | $289.5M | $7.93B | $355.3M |
| Dividend Yield | 1.88% | 2.99% | 6.78% |
| Avg Volume | 98.7K | 657.0K | 108.9K |
| Holdings | 9 | 226 | 81 |
| Performance | |||
| 1-Month Return | +1.46% | -1.81% | -1.39% |
| 6-Month Return | -2.52% | +11.69% | +3.73% |
| YTD Return | +6.45% | +9.60% | +3.25% |
| 1-Year Return | +5.79% | +12.13% | +1.47% |
Compare with Another ETF
Search for an ETF to compare with LALT:
FREE DOWNLOAD
The Beginner's Guide to ETFs
20 pages. Zero fluff. Everything you need to start investing in ETFs.
No spam. Unsubscribe anytime.