MDIV vs. LALT ETF Comparison
Comparison of First Trust Exchange-Traded Fund VI Multi-Asset Diversified Income Index Fund (MDIV) to First Trust Exchange-Traded Fund VIII First Trust Multi-Strategy Alternative ETF (LALT)
MDIV
First Trust Exchange-Traded Fund VI Multi-Asset Diversified Income Index Fund
MDIV Description
The investment seeks investment results that correspond generally to the price and yield (before the fund's fees and expenses) of an index called the NASDAQ Multi-Asset Diversified Income Index. The index is designed to provide access to a diversified portfolio of small, mid and large capitalization income producing securities, which are composed of domestic and international dividend-paying stocks, REITs, oil and gas or basic materials MLPs, U.S.-listed preferred securities and an index-based ETF that invests in high yield or "junk" bonds.
Grade (RS Rating)
Last Trade
$15.94
Average Daily Volume
91,516
105
LALT
First Trust Exchange-Traded Fund VIII First Trust Multi-Strategy Alternative ETF
LALT Description
The investment seeks a positive total return that has a low correlation to the broader securities markets. The fund is an actively managed exchange-traded fund (ETF) that seeks to achieve its investment objective by investing in a combination of equity securities, financial futures contracts, forward currency contracts and other securities. The sub-adviser selects investments for inclusion in the fund's portfolio with reference to the components of the Morgan Stanley Multi-Strategy Alternative Index (the Benchmark) through a quantitative process that seeks to exceed the Benchmark's performance.Grade (RS Rating)
Last Trade
$20.57
Average Daily Volume
4,382
8
Performance
| Period | MDIV | LALT |
|---|---|---|
| 30 Days | 4.12% | -0.86% |
| 60 Days | 3.01% | 0.15% |
| 90 Days | 4.27% | 1.45% |
| 12 Months | 19.49% | 5.70% |
0 Overlapping Holdings
| Symbol | Grade | Weight in MDIV | Weight in LALT | Overlap |
|---|
MDIV Overweight 105 Positions Relative to LALT
| Symbol | Grade | Weight | |
|---|---|---|---|
| HYLS | D | 19.74% | |
| ARLP | C | 1.55% | |
| PMT | A | 1.5% | |
| IEP | C | 1.48% | |
| RC | F | 1.41% | |
| BSM | B | 1.25% | |
| KRP | C | 1.19% | |
| NSS | B | 1.18% | |
| DMLP | D | 1.15% | |
| LADR | B | 1.12% | |
| AGNCN | A | 1.06% | |
| DKL | D | 1.04% | |
| CQP | D | 1.04% | |
| LTC | A | 1.02% | |
| NHI | A | 1.0% | |
| EPR | C | 0.98% | |
| ET | A | 0.95% | |
| WES | A | 0.94% | |
| GBDC | C | 0.93% | |
| CAPL | D | 0.91% | |
| MPLX | A | 0.9% | |
| GTY | B | 0.87% | |
| GLPI | D | 0.87% | |
| MO | A | 0.86% | |
| USAC | D | 0.84% | |
| GEL | B | 0.78% | |
| CTRE | C | 0.77% | |
| PAA | B | 0.77% | |
| CHSCO | D | 0.77% | |
| EPD | B | 0.76% | |
| APLE | D | 0.75% | |
| FCPT | B | 0.75% | |
| NRP | C | 0.74% | |
| NNN | A | 0.74% | |
| CHSCL | C | 0.74% | |
| GLP | C | 0.73% | |
| PAGP | B | 0.73% | |
| WTFCP | A | 0.72% | |
| ESGRP | D | 0.71% | |
| SPG | D | 0.7% | |
| CHSCN | C | 0.7% | |
| CHSCM | B | 0.69% | |
| VICI | B | 0.68% | |
| LAMR | A | 0.66% | |
| EPRT | A | 0.66% | |
| KIM | B | 0.63% | |
| CHSCP | D | 0.63% | |
| MAA | B | 0.62% | |
| WU | D | 0.62% | |
| BRX | B | 0.6% | |
| CMSD | D | 0.6% | |
| ENLC | B | 0.59% | |
| CUBE | D | 0.57% | |
| T | B | 0.53% | |
| SUN | D | 0.52% | |
| PSA | C | 0.52% | |
| UVV | B | 0.51% | |
| VZ | C | 0.51% | |
| REG | D | 0.51% | |
| OKE | A | 0.49% | |
| NWE | B | 0.47% | |
| PNW | B | 0.47% | |
| NWN | B | 0.46% | |
| EVRG | B | 0.45% | |
| LYB | C | 0.45% | |
| ES | B | 0.44% | |
| EXR | C | 0.44% | |
| BKH | B | 0.44% | |
| SR | B | 0.44% | |
| ALE | B | 0.43% | |
| VCTR | C | 0.43% | |
| PRU | A | 0.43% | |
| CAG | B | 0.43% | |
| CTRA | B | 0.42% | |
| NFG | A | 0.4% | |
| K | B | 0.4% | |
| ETR | A | 0.4% | |
| EIX | A | 0.4% | |
| SO | A | 0.39% | |
| AEP | A | 0.39% | |
| SWX | A | 0.39% | |
| FE | A | 0.39% | |
| DUK | A | 0.39% | |
| UPS | D | 0.38% | |
| PEG | A | 0.38% | |
| OGS | C | 0.38% | |
| BBY | D | 0.38% | |
| EXC | B | 0.37% | |
| TROW | D | 0.37% | |
| CVX | A | 0.37% | |
| FLO | B | 0.37% | |
| NI | A | 0.36% | |
| EMN | A | 0.36% | |
| KMB | B | 0.36% | |
| KHC | C | 0.36% | |
| NJR | B | 0.35% | |
| C | A | 0.35% | |
| MS | A | 0.35% | |
| WEC | B | 0.35% | |
| LNT | B | 0.34% | |
| BMY | F | 0.34% | |
| BEN | D | 0.32% | |
| VTRS | D | 0.32% | |
| GILD | F | 0.29% | |
| NMM | B | 0.12% |
MDIV: Top Represented Industries & Keywords
LALT: Top Represented Industries & Keywords
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