LALT vs. NETL ETF Comparison
Comparison of First Trust Exchange-Traded Fund VIII First Trust Multi-Strategy Alternative ETF (LALT) to NETLease Corporate Real Estate ETF (NETL)
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
NETL
NETLease Corporate Real Estate ETF
NETL Description
The investment seeks to track the performance, before fees and expenses, of the Fundamental Income Net Lease Real Estate Index. The index is generally composed of the U.S.-listed equity securities of companies that derive at least 85% of their earnings or revenues from real estate operations in the net lease real estate sector ("Eligible Companies"). Under normal circumstances, at least 80% of the fund's total assets (exclusive of any collateral held from securities lending) will be invested in the component securities of the index. It is non-diversified.Grade (RS Rating)
Last Trade
$22.76
Average Daily Volume
14,022
20
Performance
| Period | LALT | NETL |
|---|---|---|
| 30 Days | -1.40% | -2.40% |
| 60 Days | 0.22% | 0.49% |
| 90 Days | 2.02% | -2.94% |
| 12 Months | 5.12% | -1.31% |
0 Overlapping Holdings
| Symbol | Grade | Weight in LALT | Weight in NETL | Overlap |
|---|
LALT Underweight 20 Positions Relative to NETL
LALT: Top Represented Industries & Keywords
NETL: Top Represented Industries & Keywords
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