LALT vs. BRAZ ETF Comparison
Comparison of First Trust Multi-Strategy Alternative ETF (LALT) to Global X Brazil Active ETF (BRAZ)
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
$21.19
Average Daily Volume
2,638
8
BRAZ
Global X Brazil Active ETF
BRAZ Description
The fund is an actively managed exchange traded fund ("ETF") advised by Global X Management Company LLC (the "Adviser") that seeks to achieve its investment objective by investing, under normal circumstances, at least 80% of its net assets, plus any borrowings for investment purposes, measured at the time of purchase, in equity securities: (i) of issuers domiciled in Brazil; and/or (ii) that are tied economically to Brazil. The fund is non-diversified.Grade (RS Rating)
Last Trade
$22.76
Average Daily Volume
286
12
Performance
| Period | LALT | BRAZ |
|---|---|---|
| 30 Days | 0.36% | -4.49% |
| 60 Days | 1.24% | -7.27% |
| 90 Days | 1.30% | -11.69% |
| 12 Months | 7.46% | -16.18% |
0 Overlapping Holdings
| Symbol | Grade | Weight in LALT | Weight in BRAZ | Overlap |
|---|
LALT: Top Represented Industries & Keywords
BRAZ: Top Represented Industries & Keywords
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