HARD vs. LALT ETF Comparison
Comparison of Simplify Commodities Strategy No K-1 ETF (HARD) to First Trust Multi-Strategy Alternative ETF (LALT)
HARD
Simplify Commodities Strategy No K-1 ETF
HARD Description
The Simplify Commodities Strategy No K-1 ETF (HARD) seeks long term capital appreciation by systematically investing in commodity futures in an attempt to create commodity exposure that performs strongly during inflationary periods while still performing well in more typical market environments. To this end, HARD deploys a suite of systematic long/short (l/s) models that have been designed by Altis Partners, a commodity trading advisor with over 20 years of experience.
Grade (RS Rating)
Last Trade
$25.09
Average Daily Volume
7,323
1
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
$21.10
Average Daily Volume
2,614
8
Performance
| Period | HARD | LALT |
|---|---|---|
| 30 Days | 0.26% | -0.24% |
| 60 Days | 2.67% | 0.82% |
| 90 Days | 4.45% | 1.09% |
| 12 Months | 10.70% | 6.88% |
0 Overlapping Holdings
| Symbol | Grade | Weight in HARD | Weight in LALT | Overlap |
|---|
HARD Overweight 1 Positions Relative to LALT
| Symbol | Grade | Weight | |
|---|---|---|---|
| HARD | C | 23.7% |
HARD: Top Represented Industries & Keywords
LALT: Top Represented Industries & Keywords
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