BITS vs. LALT ETF Comparison

Comparison of Global X Blockchain & Bitcoin Strategy ETF (BITS) to First Trust Exchange-Traded Fund VIII First Trust Multi-Strategy Alternative ETF (LALT)

BITS

Global X Blockchain & Bitcoin Strategy ETF

BITS Description

Global X Funds - Global X Blockchain & Bitcoin Strategy ETF is an exchange traded fund launched and managed by Global X Management Company LLC. The fund invests in public equity and currency markets of the United States. For its equity portion, it invests directly and through other funds in stocks of companies operating across blockchain companies including digital asset mining, blockchain and digital asset transactions, blockchain applications, blockchain and digital asset hardware, and blockchain and digital asset integration sectors. The fund invests in growth and value stocks of companies across diversified market capitalization. For its currency portion, it invests through derivatives in Bitcoin. The fund uses derivatives such as futures contracts to invest in Bitcoin through a wholly-owned subsidiary organized in the Cayman Islands. Global X Funds - Global X Blockchain & Bitcoin Strategy ETF is domiciled in the United States.

Grade (RS Rating)

Last Trade

$69.26

Average Daily Volume

7,239

Number of Holdings ^*

2

* may have additional holdings in another (foreign) market

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

$20.52

Average Daily Volume

3,977

Number of Holdings ^*

8

* may have additional holdings in another (foreign) market

Performance

Period	BITS	LALT
30 Days	5.72%	-0.27%
60 Days	3.19%	-0.44%
90 Days	14.92%	0.85%
12 Months	131.16%	6.22%

0 Overlapping Holdings

	Symbol	Grade	Weight in BITS	Weight in LALT	Overlap

BITS Overweight 2 Positions Relative to LALT

	Symbol	Grade	Weight
	BKCH	C	49.13%
	CLIP	B	33.08%

BITS Underweight 8 Positions Relative to LALT

	Symbol	Grade	Weight
	FAAR	D	-21.81%
	FMF	D	-21.2%
	FTLS	B	-17.1%
	UCON	A	-12.44%
	MARB	F	-11.99%
	IAU	C	-5.26%
	FTGC	A	-5.15%
	IEF	B	-4.9%

BITS: Top Represented Industries & Keywords

Industries:

Keywords: American Depositary Receipt Betashares Cloud Technologies Depositary Receipt Exchange Traded Fund Exchange Traded Funds Mortgage Backed Security Securitization Stock Fund U.S. Treasury Wagering

LALT: Top Represented Industries & Keywords

Industries:

Keywords: Exchange Traded Fund ETF Exchange Traded Funds Commodity Markets Absolute Return American Depositary Receipt Bear Market ETF Betashares Bloomberg Barclays Us Aggregate Bond Index Bond Bond Market Bullion Commercial Mortgage Backed Security Commodity Commodity Pool Depositary Receipt Exchange Government Bonds Index Fund Inverse ETF