LALT vs. FDM ETF Comparison
Comparison of First Trust Multi-Strategy Alternative ETF (LALT) to First Trust DJ Select MicroCap ETF (FDM)
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
FDM
First Trust DJ Select MicroCap ETF
FDM Description
The investment seeks investment results that correspond generally to the price and yield (before the fund's fees and expenses) of an equity index called the Dow Jones Select MicroCap Index(SM) (the "index"). The fund will normally invest at least 80% of its net assets plus the amount of any borrowings for investment purposes in common stocks of U.S. micro-capitalization companies which are publicly traded in the United States. The index is comprised of selected U.S. micro-capitalization companies chosen from all common stocks traded on the NewYork Stock Exchange, the NYSE MKT and NASDAQ(R) with limited partnerships excluded.Grade (RS Rating)
Last Trade
$70.66
Average Daily Volume
14,185
131
Performance
Period | LALT | FDM |
---|---|---|
30 Days | 0.36% | 9.24% |
60 Days | 1.24% | 10.59% |
90 Days | 1.30% | 10.60% |
12 Months | 7.46% | 28.88% |
0 Overlapping Holdings
Symbol | Grade | Weight in LALT | Weight in FDM | Overlap |
---|
LALT Underweight 131 Positions Relative to FDM
Symbol | Grade | Weight | |
---|---|---|---|
LEU | C | -1.98% | |
TPB | B | -1.79% | |
VMEO | B | -1.78% | |
LMB | B | -1.59% | |
ASTE | C | -1.48% | |
BJRI | C | -1.47% | |
CPF | B | -1.46% | |
GLDD | B | -1.42% | |
IBCP | B | -1.38% | |
ASIX | B | -1.38% | |
HCKT | B | -1.35% | |
HAYN | A | -1.34% | |
MLR | C | -1.34% | |
NBN | C | -1.16% | |
ETD | C | -1.15% | |
ANET | C | -1.14% | |
RGR | F | -1.13% | |
PTLO | F | -1.13% | |
IMXI | B | -1.13% | |
MCB | B | -1.1% | |
SMBC | B | -1.08% | |
EZPW | B | -1.08% | |
SPTN | D | -1.06% | |
SNCY | C | -1.05% | |
SWBI | C | -1.02% | |
PLOW | D | -1.01% | |
DAKT | C | -1.01% | |
UVE | B | -1.0% | |
WLFC | B | -0.99% | |
LQDT | B | -0.97% | |
EGY | D | -0.96% | |
WLDN | C | -0.96% | |
NWPX | A | -0.92% | |
CCBG | B | -0.92% | |
LYTS | B | -0.92% | |
MPB | B | -0.88% | |
SHBI | B | -0.86% | |
KELYA | F | -0.85% | |
CSV | B | -0.85% | |
KE | C | -0.85% | |
AROW | B | -0.84% | |
EE | A | -0.82% | |
DHIL | B | -0.82% | |
ESQ | B | -0.82% | |
MOFG | B | -0.82% | |
NRIM | A | -0.81% | |
ARKO | C | -0.8% | |
TIPT | C | -0.8% | |
LINC | C | -0.79% | |
TTI | B | -0.79% | |
LXU | B | -0.78% | |
TRDA | C | -0.77% | |
CCSI | C | -0.77% | |
HNRG | B | -0.75% | |
FISI | B | -0.73% | |
FC | F | -0.71% | |
FMAO | B | -0.7% | |
ITIC | A | -0.7% | |
PLPC | B | -0.69% | |
BSRR | B | -0.69% | |
WRLD | C | -0.68% | |
CMPO | B | -0.68% | |
NPK | B | -0.68% | |
NECB | C | -0.67% | |
USAP | B | -0.67% | |
DCGO | B | -0.65% | |
GLRE | B | -0.65% | |
TCMD | B | -0.65% | |
SD | D | -0.65% | |
CWCO | C | -0.64% | |
LGTY | C | -0.63% | |
ODC | B | -0.62% | |
RMR | F | -0.62% | |
OPY | B | -0.62% | |
CENT | C | -0.61% | |
NGVC | A | -0.6% | |
NEWT | C | -0.6% | |
KODK | B | -0.59% | |
INBK | B | -0.57% | |
ARTNA | F | -0.56% | |
REPX | A | -0.55% | |
ACIC | B | -0.55% | |
CCRN | F | -0.55% | |
SENEA | A | -0.53% | |
LOCO | D | -0.53% | |
MOV | D | -0.53% | |
HVT | D | -0.52% | |
LEGH | D | -0.5% | |
RM | C | -0.48% | |
MCFT | C | -0.47% | |
VPG | F | -0.46% | |
PKOH | C | -0.46% | |
SIGA | F | -0.45% | |
AMPY | C | -0.44% | |
HRTG | C | -0.44% | |
CRCT | F | -0.44% | |
FSTR | B | -0.43% | |
TASK | C | -0.41% | |
NGS | B | -0.41% | |
PWOD | A | -0.37% | |
VLGEA | C | -0.37% | |
KRT | B | -0.36% | |
FLXS | B | -0.35% | |
MITT | D | -0.35% | |
NATR | C | -0.34% | |
JILL | C | -0.33% | |
SGC | C | -0.33% | |
LSEA | D | -0.33% | |
JRVR | F | -0.31% | |
REI | D | -0.3% | |
EML | D | -0.29% | |
RCKY | F | -0.28% | |
EARN | C | -0.28% | |
ACTG | D | -0.28% | |
ESOA | B | -0.27% | |
AVNW | F | -0.27% | |
BTMD | B | -0.26% | |
VIRC | B | -0.25% | |
FF | F | -0.24% | |
ACU | C | -0.24% | |
PEBK | B | -0.24% | |
TAYD | D | -0.24% | |
LAKE | B | -0.24% | |
TWIN | F | -0.23% | |
BBCP | D | -0.23% | |
HBB | F | -0.21% | |
LWAY | C | -0.2% | |
FEIM | B | -0.19% | |
INTT | C | -0.16% | |
KEQU | B | -0.14% | |
CSPI | C | -0.14% |
LALT: Top Represented Industries & Keywords
FDM: Top Represented Industries & Keywords