LALT vs. ITDA ETF Comparison

Comparison of First Trust Multi-Strategy Alternative ETF (LALT) to iShares LifePath Target Date 2025 ETF (ITDA)

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

$21.25

Average Daily Volume

2,638

Number of Holdings ^*

8

* may have additional holdings in another (foreign) market

ITDA

iShares LifePath Target Date 2025 ETF

ITDA Description

iShares® LifePath® Target Date 2025 ETF seeks to provide retirement outcomes through exposure to a broad portfolio of ETFs which adjusts its allocation as it approaches its target date.

Grade (RS Rating)

Last Trade

$28.64

Average Daily Volume

2,424

Number of Holdings ^*

13

* may have additional holdings in another (foreign) market

Performance

Period	LALT	ITDA
30 Days	0.36%	-1.53%
60 Days	1.24%	-1.42%
90 Days	1.30%	0.67%
12 Months	7.46%	13.65%

0 Overlapping Holdings

	Symbol	Grade	Weight in LALT	Weight in ITDA	Overlap

LALT Overweight 8 Positions Relative to ITDA

	Symbol	Grade	Weight
	FTLS	A	22.09%
	FMF	C	21.75%
	FAAR	F	21.36%
	UCON	D	12.24%
	IAU	C	7.75%
	FTHI	B	5.1%
	MARB	F	4.94%
	IEF	F	4.73%

LALT Underweight 13 Positions Relative to ITDA

	Symbol	Grade	Weight
	IWB	A	-26.38%
	GOVT	D	-17.45%
	MBB	D	-13.18%
	STIP	C	-10.89%
	IDEV	D	-8.52%
	TLH	D	-5.89%
	IGSB	C	-4.96%
	IEMG	D	-3.45%
	IGIB	D	-3.4%
	IGLB	D	-3.04%
	USRT	C	-1.41%
	IGF	B	-1.07%
	IWM	B	-0.27%

LALT: Top Represented Industries & Keywords

Industries:

Keywords: Exchange Traded Fund ETF Exchange Traded Funds Absolute Return American Depositary Receipt Bear Market ETF Bloomberg Barclays Us Aggregate Bond Index Bond Bond Market Bullion Commercial Mortgage Backed Security Commodity Markets Commodity Pool Covered Call Depositary Receipt Exchange Government Bonds Index Fund Inverse ETF Investment Company Act

ITDA: Top Represented Industries & Keywords

Industries:

Keywords: ETF Exchange Traded Fund Bond Corporate Bond Index Fund Bond Market Exchange Traded Funds Ishares U.S. Treasury Bloomberg Barclays Us Aggregate Bond Index Government Bonds Russell 2000 Price Return Usd Stock Market Index Swaps U.S. Government Bond Market Index Equity Derivative Fannie Mae Federal Home Loan Mortgage Corporation Federal National Mortgage Association