LALT vs. DVDN ETF Comparison
Comparison of First Trust Multi-Strategy Alternative ETF (LALT) to Kingsbarn Dividend Opportunity ETF (DVDN)
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
$21.13
Average Daily Volume
2,615
8
DVDN
Kingsbarn Dividend Opportunity ETF
DVDN Description
The fund seeks to achieve its investment objective by investing, under normal market circumstances, at least 80% of its net assets in dividend-paying companies. The adviser intends to invest a substantial portion of its assets in publicly listed equity securities of U.S. mortgage REITs and business development companies that invest in residential and commercial loans and securities, business loans to private companies, and various types of derivatives for both investment and risk management purposes. The fund is non-diversified.Grade (RS Rating)
Last Trade
$27.81
Average Daily Volume
630
15
Performance
Period | LALT | DVDN |
---|---|---|
30 Days | -0.14% | -2.35% |
60 Days | 0.73% | -7.79% |
90 Days | 1.05% | -3.75% |
12 Months | 6.78% | 9.68% |
0 Overlapping Holdings
Symbol | Grade | Weight in LALT | Weight in DVDN | Overlap |
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LALT: Top Represented Industries & Keywords
DVDN: Top Represented Industries & Keywords