QVOY vs. LALT ETF Comparison
Comparison of Q3 All-Season Active Rotation ETF (QVOY) to First Trust Multi-Strategy Alternative ETF (LALT)
QVOY
Q3 All-Season Active Rotation ETF
QVOY Description
Under normal circumstances, the fund will invest primarily in shares of other investment companies, including exchange-traded funds ("ETFs"), open-end mutual funds, and closed-end funds across four category "sleeves": core equity, active equity, bonds, and alternatives. The fund may indirectly invest in equity securities of all capitalization ranges and in debt securities of all credit qualities.
Grade (RS Rating)
Last Trade
$27.92
Average Daily Volume
20,273
Number of Holdings
*
8
* may have additional holdings in another (foreign) market
LALT
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
$20.96
Average Daily Volume
1,884
Number of Holdings
*
8
* may have additional holdings in another (foreign) market
Performance
Period | QVOY | LALT |
---|---|---|
30 Days | -0.54% | 0.09% |
60 Days | 0.52% | 0.70% |
90 Days | 3.97% | 1.35% |
12 Months | 6.45% | 7.21% |
1 Overlapping Holdings
Symbol | Grade | Weight in QVOY | Weight in LALT | Overlap | |
---|---|---|---|---|---|
IEF | D | 1.32% | 4.83% | 1.32% |
QVOY: Top Represented Industries & Keywords
Industries:
Keywords:
Exchange Traded Fund
ETF
Bond
Stock Market Index
Bloomberg Barclays Us Aggregate Bond Index
Bond Market Indices
Index Fund
American Depositary Receipt
Barclays
Bond Market
Bullion
Convertibles
Corporate Bond
Dow Jones U.S. Total Stock Market Index
Equity Derivative
Gold As An Investment
Gold Mining
Gold Mining Industry
Government Bonds
Investment Management
LALT: Top Represented Industries & Keywords
Industries:
Keywords:
Exchange Traded Fund
ETF
Exchange Traded Funds
Absolute Return
American Depositary Receipt
Bear Market ETF
Bloomberg Barclays Us Aggregate Bond Index
Bond
Bond Market
Bullion
Commercial Mortgage Backed Security
Commodity Markets
Commodity Pool
Covered Call
Depositary Receipt
Exchange
Government Bonds
Index Fund
Inverse ETF
Investment Company Act