LALT vs. CCEF ETF Comparison
Comparison of First Trust Exchange-Traded Fund VIII First Trust Multi-Strategy Alternative ETF (LALT) to Calamos CEF Income & Arbitrage ETF (CCEF)
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
$20.45
Average Daily Volume
5,957
8
CCEF
Calamos CEF Income & Arbitrage ETF
CCEF Description
The fund is an actively managed exchange-traded fund (ETF) that seeks high current income and long-term capital appreciation by investing in unaffiliated closed-end funds that the fund's investment adviser, Calamos Advisors LLC, believes offer both attractive income opportunities as well as arbitrage opportunities resulting from such closed-end funds trading at attractive discounts. Under normal circumstances, the fund seeks to achieve its investment objectives by investing at least 80% of its net assets in U.S. and non-U.S. closed-end funds. The fund is non-diversified.Grade (RS Rating)
Last Trade
$25.56
Average Daily Volume
6,731
9
Performance
| Period | LALT | CCEF |
|---|---|---|
| 30 Days | -1.40% | -2.90% |
| 60 Days | 0.22% | -0.88% |
| 90 Days | 2.02% | 1.99% |
| 12 Months | 5.12% |
0 Overlapping Holdings
| Symbol | Grade | Weight in LALT | Weight in CCEF | Overlap |
|---|
LALT: Top Represented Industries & Keywords
CCEF: Top Represented Industries & Keywords
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