ALTY vs. LALT ETF Comparison
Comparison of Global X SuperDividend Alternatives ETF (ALTY) to First Trust Multi-Strategy Alternative ETF (LALT)
ALTY
Global X SuperDividend Alternatives ETF
ALTY Description
The investment seeks to track, before fees and expenses, the price and yield performance of the Indxx SuperDividend® Alternatives Index ("underlying index"). The fund invests at least 80% of its total assets in the securities of the underlying index and in American Depositary Receipts ("ADRs") and Global Depositary Receipts ("GDRs") based on the securities in the underlying index. The underlying index is comprised of securities that rank among the highest dividend yielding securities in each eligible category of alternative income investments, at the time of index reconstitution, as defined by the index provider. The fund is non-diversified.
Grade (RS Rating)
Last Trade
$12.05
Average Daily Volume
10,728
19
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
$21.25
Average Daily Volume
3,958
8
Performance
| Period | ALTY | LALT |
|---|---|---|
| 30 Days | 2.32% | 1.29% |
| 60 Days | 1.10% | 1.65% |
| 90 Days | 3.97% | 1.60% |
| 12 Months | 18.66% | 7.78% |
0 Overlapping Holdings
| Symbol | Grade | Weight in ALTY | Weight in LALT | Overlap |
|---|
ALTY: Top Represented Industries & Keywords
LALT: Top Represented Industries & Keywords
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