LALT vs. SMLV ETF Comparison
Comparison of First Trust Multi-Strategy Alternative ETF (LALT) to SPDR Russell 2000 Low Volatility (SMLV)
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
SMLV
SPDR Russell 2000 Low Volatility
SMLV Description
The investment seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of a small cap, low volatility index. The fund employs a sampling strategy, which means that the fund is not required to purchase all of the securities represented in the index. Under normal market conditions, the fund generally invests substantially all, but at least 80%, of its total assets in the securities comprising the index. The index includes small cap U.S. equity securities, including business development companies, and is designed to deliver exposure to low volatility. It is non-diversified.Grade (RS Rating)
Last Trade
$137.40
Average Daily Volume
5,477
404
Performance
Period | LALT | SMLV |
---|---|---|
30 Days | -0.14% | 7.46% |
60 Days | 0.73% | 7.94% |
90 Days | 1.05% | 12.42% |
12 Months | 6.78% | 37.23% |
0 Overlapping Holdings
Symbol | Grade | Weight in LALT | Weight in SMLV | Overlap |
---|
LALT Underweight 404 Positions Relative to SMLV
Symbol | Grade | Weight | |
---|---|---|---|
PJT | B | -1.89% | |
CBU | B | -1.65% | |
THG | A | -1.63% | |
NNI | D | -1.56% | |
VIRT | A | -1.49% | |
ONB | B | -1.44% | |
PRK | B | -1.42% | |
NBTB | B | -1.37% | |
CHCO | B | -1.25% | |
FFIN | B | -1.19% | |
NWBI | B | -1.17% | |
NBHC | B | -1.15% | |
CNO | B | -1.14% | |
SYBT | B | -1.13% | |
ESGR | B | -1.12% | |
SASR | B | -1.09% | |
EFSC | B | -1.08% | |
HMN | B | -1.08% | |
IBOC | B | -1.07% | |
TOWN | B | -1.06% | |
MGRC | B | -1.02% | |
GBCI | B | -1.02% | |
FCF | B | -1.02% | |
GCMG | A | -1.01% | |
TRMK | B | -1.0% | |
FULT | B | -0.98% | |
QCRH | B | -0.97% | |
NIC | B | -0.96% | |
BUSE | B | -0.96% | |
WABC | B | -0.95% | |
HOMB | B | -0.93% | |
WAFD | B | -0.93% | |
STBA | B | -0.91% | |
WSBC | B | -0.89% | |
EIG | B | -0.86% | |
SFNC | B | -0.85% | |
GABC | B | -0.84% | |
BLX | B | -0.84% | |
AGM | B | -0.83% | |
RDN | D | -0.82% | |
LKFN | B | -0.81% | |
SAFT | B | -0.79% | |
PEBO | B | -0.77% | |
SRCE | B | -0.76% | |
AMSF | B | -0.73% | |
BRKL | B | -0.72% | |
WU | F | -0.71% | |
FBMS | B | -0.68% | |
CTBI | B | -0.68% | |
SBSI | B | -0.67% | |
OBK | B | -0.65% | |
EVTC | C | -0.65% | |
EQC | A | -0.64% | |
TMP | B | -0.63% | |
PAX | C | -0.61% | |
OKLO | C | -0.61% | |
BFC | B | -0.6% | |
HFWA | B | -0.59% | |
UVSP | B | -0.59% | |
FMBH | B | -0.57% | |
CFFN | B | -0.56% | |
BHRB | B | -0.56% | |
NFG | A | -0.48% | |
FCBC | B | -0.48% | |
TRST | B | -0.44% | |
CAC | B | -0.44% | |
MCBS | B | -0.4% | |
TRIN | A | -0.4% | |
AGX | B | -0.38% | |
AROW | B | -0.37% | |
GSBC | B | -0.37% | |
CCNE | B | -0.37% | |
FMNB | B | -0.36% | |
THFF | B | -0.36% | |
NFBK | B | -0.35% | |
HTBI | B | -0.35% | |
ESQ | B | -0.34% | |
HONE | B | -0.34% | |
BHB | B | -0.34% | |
CCBG | B | -0.33% | |
SMBK | B | -0.33% | |
MPB | B | -0.31% | |
KRNY | B | -0.31% | |
SPFI | B | -0.3% | |
DHIL | A | -0.3% | |
HIFS | B | -0.29% | |
BSRR | C | -0.28% | |
ORRF | B | -0.27% | |
FMAO | B | -0.27% | |
ALRS | D | -0.27% | |
IDA | A | -0.26% | |
FLO | D | -0.26% | |
EBF | F | -0.25% | |
ACNB | B | -0.25% | |
FBIZ | A | -0.25% | |
FSBC | B | -0.24% | |
GLRE | B | -0.24% | |
HBCP | B | -0.23% | |
EBTC | B | -0.23% | |
WTBA | B | -0.23% | |
PFIS | B | -0.23% | |
PNM | B | -0.23% | |
MGEE | B | -0.23% | |
NWE | C | -0.22% | |
BWB | B | -0.21% | |
BKH | A | -0.21% | |
NHC | C | -0.21% | |
CZNC | B | -0.2% | |
FSBW | B | -0.2% | |
SLGN | A | -0.2% | |
CPK | A | -0.2% | |
PECO | B | -0.2% | |
ARTNA | F | -0.19% | |
SR | A | -0.19% | |
SBR | B | -0.19% | |
NWN | A | -0.19% | |
CSWI | B | -0.19% | |
GNTY | A | -0.19% | |
FLIC | B | -0.19% | |
FNLC | B | -0.18% | |
FRST | B | -0.17% | |
GTY | A | -0.17% | |
VLGEA | C | -0.17% | |
NPK | C | -0.17% | |
PSTL | D | -0.16% | |
DEA | D | -0.16% | |
SXT | C | -0.16% | |
CBNK | B | -0.16% | |
WSBF | B | -0.16% | |
JJSF | C | -0.15% | |
PBH | A | -0.15% | |
CTO | B | -0.15% | |
GPOR | A | -0.15% | |
CMPO | B | -0.15% | |
WT | A | -0.15% | |
CALM | A | -0.15% | |
TRS | B | -0.14% | |
WERN | B | -0.14% | |
ROAD | B | -0.14% | |
FELE | B | -0.14% | |
HSTM | B | -0.14% | |
ICFI | F | -0.14% | |
BRC | C | -0.14% | |
PLXS | B | -0.14% | |
HTLD | C | -0.14% | |
CVLT | A | -0.14% | |
TRC | F | -0.14% | |
ACA | A | -0.13% | |
GOOD | B | -0.13% | |
LXP | D | -0.13% | |
GATX | A | -0.13% | |
VMI | B | -0.13% | |
GENC | C | -0.13% | |
SNDR | A | -0.13% | |
BCAL | A | -0.13% | |
UNF | B | -0.13% | |
CSR | B | -0.13% | |
LTC | B | -0.13% | |
ELME | D | -0.13% | |
TGNA | B | -0.13% | |
ADMA | B | -0.13% | |
ARKO | D | -0.13% | |
BMI | B | -0.13% | |
PINC | B | -0.12% | |
HWKN | B | -0.12% | |
SMP | C | -0.12% | |
FTDR | A | -0.12% | |
NHI | D | -0.12% | |
FCPT | C | -0.12% | |
COLM | C | -0.12% | |
ESE | B | -0.12% | |
CBZ | B | -0.12% | |
GEF | A | -0.12% | |
HCKT | B | -0.12% | |
UTMD | F | -0.12% | |
BNL | D | -0.12% | |
CSGS | B | -0.12% | |
PKE | B | -0.12% | |
EXPO | D | -0.12% | |
MWA | B | -0.12% | |
LMAT | A | -0.11% | |
MRTN | D | -0.11% | |
HCC | B | -0.11% | |
FSS | B | -0.11% | |
RNGR | A | -0.11% | |
RUSHA | B | -0.11% | |
UHT | D | -0.11% | |
KREF | D | -0.11% | |
PRIM | A | -0.11% | |
OSIS | A | -0.11% | |
SXC | A | -0.11% | |
AROC | A | -0.11% | |
GHC | B | -0.11% | |
HNI | A | -0.11% | |
GRC | B | -0.11% | |
SCL | D | -0.11% | |
NTST | D | -0.11% | |
BHE | B | -0.11% | |
UFPT | C | -0.11% | |
MLR | C | -0.11% | |
CTRE | C | -0.11% | |
DORM | B | -0.11% | |
PRGS | B | -0.11% | |
WEN | D | -0.1% | |
CASS | B | -0.1% | |
MSGS | A | -0.1% | |
LNN | B | -0.1% | |
MOG.A | B | -0.1% | |
IRT | A | -0.1% | |
KW | C | -0.1% | |
INVA | D | -0.1% | |
DEI | A | -0.1% | |
NCNO | B | -0.1% | |
HSII | B | -0.1% | |
NTCT | C | -0.1% | |
WDFC | B | -0.1% | |
CUZ | B | -0.1% | |
PAHC | B | -0.1% | |
HIW | D | -0.1% | |
HUBG | A | -0.1% | |
ACIW | B | -0.1% | |
BLKB | C | -0.09% | |
NOMD | D | -0.09% | |
GLDD | B | -0.09% | |
ALG | C | -0.09% | |
SXI | B | -0.09% | |
BBSI | A | -0.09% | |
WINA | B | -0.09% | |
CRC | A | -0.09% | |
APOG | B | -0.09% | |
DNB | A | -0.09% | |
KAI | B | -0.09% | |
CHCT | C | -0.09% | |
RDWR | B | -0.09% | |
BFS | C | -0.09% | |
ADUS | D | -0.09% | |
JBSS | F | -0.09% | |
CCOI | B | -0.09% | |
AFCG | D | -0.09% | |
ICUI | D | -0.09% | |
APLE | B | -0.08% | |
AVT | C | -0.08% | |
PCH | D | -0.08% | |
PSMT | D | -0.08% | |
JBGS | D | -0.08% | |
MRCY | C | -0.08% | |
AHH | D | -0.08% | |
LZB | B | -0.08% | |
ABM | B | -0.08% | |
IOSP | C | -0.08% | |
TTMI | B | -0.08% | |
HURN | B | -0.08% | |
CORT | B | -0.08% | |
INSM | C | -0.08% | |
RLGT | B | -0.08% | |
GMRE | F | -0.08% | |
RGP | F | -0.08% | |
PRDO | B | -0.08% | |
EPAC | B | -0.08% | |
MTX | C | -0.08% | |
OMCL | C | -0.08% | |
FPI | A | -0.08% | |
PBT | B | -0.08% | |
LOPE | B | -0.08% | |
ASH | F | -0.08% | |
GPI | B | -0.07% | |
VIAV | C | -0.07% | |
KN | B | -0.07% | |
BOX | B | -0.07% | |
ENS | D | -0.07% | |
CNNE | B | -0.07% | |
SPOK | B | -0.07% | |
MGIC | D | -0.07% | |
TNC | F | -0.07% | |
KFRC | D | -0.07% | |
SANM | B | -0.07% | |
TRNS | F | -0.07% | |
ITGR | B | -0.07% | |
PLOW | F | -0.07% | |
SUPN | B | -0.07% | |
AZZ | A | -0.07% | |
WEYS | C | -0.07% | |
CTS | C | -0.07% | |
JBT | A | -0.07% | |
LAUR | A | -0.07% | |
IRMD | B | -0.06% | |
ECVT | C | -0.06% | |
SFL | D | -0.06% | |
SEM | B | -0.06% | |
CMCO | C | -0.06% | |
RDNT | B | -0.06% | |
HAE | C | -0.06% | |
GPRK | C | -0.06% | |
PLUS | F | -0.06% | |
FUL | F | -0.06% | |
MNRO | D | -0.06% | |
FSTR | B | -0.06% | |
OFIX | B | -0.06% | |
MYRG | C | -0.06% | |
ATEN | A | -0.06% | |
MMSI | A | -0.06% | |
ITRN | B | -0.06% | |
FORR | C | -0.06% | |
ENV | B | -0.06% | |
CENT | C | -0.06% | |
IBEX | A | -0.06% | |
CXT | C | -0.06% | |
ARCH | B | -0.06% | |
CVCO | A | -0.06% | |
PRGO | C | -0.06% | |
AGIO | C | -0.06% | |
SHOO | D | -0.06% | |
CABO | B | -0.06% | |
SATS | D | -0.06% | |
RGR | F | -0.06% | |
CSV | B | -0.06% | |
LGTY | B | -0.06% | |
VAL | F | -0.06% | |
MTRN | C | -0.05% | |
AMED | F | -0.05% | |
AORT | B | -0.05% | |
POWI | D | -0.05% | |
ATEX | F | -0.05% | |
ASGN | F | -0.05% | |
VSH | F | -0.05% | |
JOUT | F | -0.05% | |
TTGT | C | -0.05% | |
LIVN | D | -0.05% | |
ETD | D | -0.05% | |
MEI | F | -0.05% | |
XNCR | B | -0.05% | |
CRI | F | -0.05% | |
SPB | C | -0.05% | |
MATW | C | -0.05% | |
NATR | B | -0.05% | |
HUN | F | -0.05% | |
ATNI | F | -0.05% | |
IRDM | F | -0.05% | |
NVEC | D | -0.05% | |
DK | D | -0.05% | |
NVST | C | -0.05% | |
GKOS | A | -0.05% | |
ALKS | C | -0.05% | |
AEIS | B | -0.05% | |
MLAB | F | -0.05% | |
AIN | C | -0.05% | |
AVNS | F | -0.05% | |
BL | C | -0.05% | |
LILAK | D | -0.05% | |
SPNS | F | -0.05% | |
TPH | D | -0.05% | |
SCSC | B | -0.05% | |
WK | C | -0.05% | |
CEVA | B | -0.05% | |
STRA | C | -0.05% | |
ZD | B | -0.05% | |
ZIP | D | -0.04% | |
SHEN | F | -0.04% | |
TBPH | B | -0.04% | |
THRM | F | -0.04% | |
ALRM | C | -0.04% | |
ANIP | D | -0.04% | |
KIDS | D | -0.04% | |
HRMY | F | -0.04% | |
NEOG | D | -0.04% | |
FORM | F | -0.04% | |
USPH | B | -0.04% | |
IPGP | D | -0.04% | |
VRNT | D | -0.04% | |
BOWL | D | -0.04% | |
SRDX | B | -0.04% | |
USNA | C | -0.04% | |
AMPH | F | -0.04% | |
ATRC | C | -0.04% | |
PZZA | F | -0.04% | |
PDCO | F | -0.04% | |
VPG | F | -0.04% | |
IART | C | -0.04% | |
CNMD | C | -0.04% | |
NARI | C | -0.04% | |
PTCT | B | -0.04% | |
IRWD | F | -0.03% | |
ANIK | D | -0.03% | |
CBRL | C | -0.03% | |
RARE | F | -0.03% | |
HELE | C | -0.03% | |
OGN | F | -0.03% | |
JBI | F | -0.03% | |
PCRX | C | -0.03% | |
HLF | C | -0.03% | |
OXM | F | -0.03% | |
NRC | F | -0.03% | |
HI | C | -0.03% | |
VECO | F | -0.03% | |
ARCO | F | -0.03% | |
SCHL | F | -0.03% | |
CNXC | F | -0.03% | |
LEG | F | -0.03% | |
VREX | B | -0.03% | |
AZTA | D | -0.02% | |
ACAD | C | -0.02% | |
AMN | F | -0.02% | |
AAP | D | -0.02% | |
IMTX | F | -0.02% |
LALT: Top Represented Industries & Keywords
SMLV: Top Represented Industries & Keywords