LALT vs. CVY ETF Comparison
Comparison of First Trust Multi-Strategy Alternative ETF (LALT) to Guggenheim Multi-Asset Income ETF (CVY)
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
$21.17
Average Daily Volume
3,951
8
CVY
Guggenheim Multi-Asset Income ETF
CVY Description
The investment seeks investment results that correspond generally to the performance, before the fund's fees and expenses, of an equity index called the Zacks Multi-Asset Income Index. The fund invests at least 90% of its total assets in securities that comprise the index and depositary receipts representing securities that comprise the index. The Zacks Multi-Asset Income Index is comprised of approximately 149 securities selected, based on investment and other criteria, from a universe of domestic and international companies. The securities comprising the index include stocks of small and medium-sized companies.Grade (RS Rating)
Last Trade
$27.16
Average Daily Volume
6,904
128
Performance
| Period | LALT | CVY |
|---|---|---|
| 30 Days | 0.89% | 4.96% |
| 60 Days | 0.98% | 4.67% |
| 90 Days | 1.27% | 4.46% |
| 12 Months | 7.48% | 26.27% |
0 Overlapping Holdings
| Symbol | Grade | Weight in LALT | Weight in CVY | Overlap |
|---|
LALT Underweight 128 Positions Relative to CVY
| Symbol | Grade | Weight | |
|---|---|---|---|
| BBAR | C | -1.7% | |
| ARLP | B | -1.39% | |
| SYF | A | -1.32% | |
| WFC | A | -1.31% | |
| BAC | A | -1.16% | |
| BSM | B | -1.13% | |
| EQH | B | -1.12% | |
| JPM | B | -1.1% | |
| JPC | A | -1.1% | |
| KR | A | -1.09% | |
| VTRS | B | -1.08% | |
| OHI | D | -1.07% | |
| CF | B | -1.06% | |
| SPG | C | -1.06% | |
| PDI | D | -1.06% | |
| SLG | B | -1.04% | |
| CRBG | B | -1.04% | |
| EOG | C | -1.03% | |
| M | D | -1.0% | |
| MPW | F | -1.0% | |
| ECC | F | -1.0% | |
| OVV | C | -1.0% | |
| CIG | C | -1.0% | |
| WES | B | -0.99% | |
| VLO | C | -0.98% | |
| MPLX | B | -0.96% | |
| PSX | C | -0.96% | |
| EG | C | -0.95% | |
| ET | B | -0.93% | |
| HAL | C | -0.93% | |
| MPC | F | -0.92% | |
| AGNC | D | -0.92% | |
| EXR | C | -0.91% | |
| CVS | D | -0.91% | |
| LAMR | C | -0.9% | |
| PBR | C | -0.9% | |
| BG | F | -0.89% | |
| UNM | A | -0.88% | |
| DINO | F | -0.88% | |
| ADM | F | -0.87% | |
| DVN | F | -0.85% | |
| CIVI | D | -0.84% | |
| GLP | A | -0.84% | |
| CIB | B | -0.83% | |
| EWBC | B | -0.83% | |
| TGNA | B | -0.82% | |
| EPD | B | -0.82% | |
| BP | F | -0.81% | |
| UMC | F | -0.78% | |
| APA | F | -0.78% | |
| VOYA | B | -0.78% | |
| R | B | -0.77% | |
| SPH | B | -0.77% | |
| JXN | B | -0.77% | |
| SLM | B | -0.76% | |
| PAA | B | -0.75% | |
| PDO | D | -0.75% | |
| CTRE | D | -0.74% | |
| AXS | A | -0.74% | |
| ONB | B | -0.72% | |
| CNH | A | -0.71% | |
| MGY | B | -0.7% | |
| SEE | C | -0.68% | |
| WGO | C | -0.67% | |
| HP | C | -0.67% | |
| E | F | -0.67% | |
| NOG | A | -0.67% | |
| SUN | C | -0.67% | |
| BC | C | -0.66% | |
| MTG | B | -0.66% | |
| AVT | C | -0.64% | |
| BPOP | B | -0.63% | |
| PBF | D | -0.62% | |
| T | A | -0.6% | |
| RPRX | D | -0.59% | |
| MUR | F | -0.57% | |
| NSA | C | -0.57% | |
| ACP | A | -0.55% | |
| TTE | F | -0.54% | |
| LEA | F | -0.54% | |
| STNG | F | -0.5% | |
| BBVA | D | -0.49% | |
| DSL | B | -0.48% | |
| XFLT | A | -0.48% | |
| QFIN | B | -0.45% | |
| OGN | F | -0.44% | |
| HIW | D | -0.44% | |
| GEL | F | -0.42% | |
| VVR | D | -0.41% | |
| OUT | A | -0.4% | |
| HEES | B | -0.4% | |
| PRDO | B | -0.39% | |
| CATY | B | -0.39% | |
| IBOC | B | -0.38% | |
| CNO | A | -0.38% | |
| HWC | B | -0.37% | |
| BOKF | B | -0.37% | |
| SLVM | B | -0.36% | |
| BCH | F | -0.36% | |
| KFY | B | -0.35% | |
| AGRO | D | -0.35% | |
| AKR | A | -0.35% | |
| CMRE | D | -0.34% | |
| LZB | B | -0.34% | |
| SAH | B | -0.33% | |
| RDN | C | -0.32% | |
| OFG | B | -0.32% | |
| FBP | B | -0.32% | |
| GSL | F | -0.31% | |
| NAVI | C | -0.31% | |
| PAG | B | -0.31% | |
| RES | D | -0.3% | |
| OTTR | C | -0.3% | |
| FFC | D | -0.29% | |
| LYG | D | -0.26% | |
| ING | F | -0.26% | |
| BGB | B | -0.26% | |
| DLY | A | -0.25% | |
| EMD | C | -0.22% | |
| NHI | D | -0.22% | |
| BCS | B | -0.21% | |
| ASC | F | -0.2% | |
| ISD | C | -0.2% | |
| ARDC | A | -0.19% | |
| HIO | B | -0.19% | |
| CSR | B | -0.15% | |
| EAD | C | -0.12% | |
| NBB | D | -0.11% |
LALT: Top Represented Industries & Keywords
CVY: Top Represented Industries & Keywords
Compare ETFs
