GDXU vs. LALT ETF Comparison

Comparison of MicroSectors Gold Miners 3X Leveraged ETNs (GDXU) to First Trust Exchange-Traded Fund VIII First Trust Multi-Strategy Alternative ETF (LALT)

GDXU

MicroSectors Gold Miners 3X Leveraged ETNs

GDXU Description

The investment seeks the return on the notes is linked to a three times leveraged participation in the daily performance of the S-Network MicroSectorsTM Gold Miners Index.The index is a total return index that tracks the performance of two exchange traded funds, the VanEck Vectors® Gold Miners ETF (the ?GDX?) and the VanEck Vectors® Junior Gold Miners ETF (the ?GDXJ?).

Grade (RS Rating)

Last Trade

$33.21

Average Daily Volume

931,605

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

$20.71

Average Daily Volume

1,907

Number of Holdings ^*

8

* may have additional holdings in another (foreign) market

Performance

Period	GDXU	LALT
30 Days	-17.72%	1.06%
60 Days	-14.45%	0.26%
90 Days	14.05%	-0.31%
12 Months	-10.12%	6.60%

0 Overlapping Holdings

	Symbol	Grade	Weight in GDXU	Weight in LALT	Overlap

GDXU Overweight 2 Positions Relative to LALT

	Symbol	Grade	Weight
	GDX	C	75.0%
	GDXJ	D	25.0%

GDXU Underweight 8 Positions Relative to LALT

	Symbol	Grade	Weight
	FAAR	C	-21.57%
	FMF	C	-20.8%
	FTLS	A	-17.55%
	UCON	A	-12.5%
	MARB	F	-12.06%
	IAU	D	-5.36%
	FTGC	D	-5.2%
	IEF	A	-4.94%

GDXU: Top Represented Industries & Keywords

Industries:

Keywords: ETF Exchange Traded Fund Gold Mining Gold Mining Industry Stock Fund American Depositary Receipt Mining Nyse Arca Gold Miners Index Occupational Safety And Health Silver Mining Sovereign Wealth Funds Stock Market Index

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