LALT vs. SMLV ETF Comparison
Comparison of First Trust Exchange-Traded Fund VIII First Trust Multi-Strategy Alternative ETF (LALT) to SPDR Russell 2000 Low Volatility (SMLV)
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
$20.34
Average Daily Volume
5,905
Number of Holdings
*
8
* may have additional holdings in another (foreign) market
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
$109.69
Average Daily Volume
4,954
Number of Holdings
*
413
* may have additional holdings in another (foreign) market
Performance
| Period | LALT | SMLV |
|---|---|---|
| 30 Days | -2.42% | 1.19% |
| 60 Days | -0.36% | 1.25% |
| 90 Days | 1.43% | 2.44% |
| 12 Months | 4.79% | 15.62% |
0 Overlapping Holdings
| Symbol | Grade | Weight in LALT | Weight in SMLV | Overlap |
|---|
LALT Underweight 413 Positions Relative to SMLV
| Symbol | Grade | Weight | |
|---|---|---|---|
| NNI | A | -1.65% | |
| THG | A | -1.62% | |
| PJT | C | -1.4% | |
| ONB | A | -1.34% | |
| CBU | C | -1.31% | |
| ESGR | B | -1.26% | |
| CHCO | B | -1.21% | |
| PRK | A | -1.21% | |
| HMN | A | -1.21% | |
| NBTB | B | -1.19% | |
| MGRC | D | -1.16% | |
| VIRT | A | -1.14% | |
| WU | C | -1.12% | |
| FFIN | C | -1.05% | |
| NWBI | C | -1.05% | |
| IBOC | A | -1.05% | |
| GCMG | A | -1.01% | |
| BUSE | B | -1.0% | |
| NBHC | C | -0.98% | |
| WABC | B | -0.98% | |
| TOWN | B | -0.98% | |
| CNO | A | -0.97% | |
| FULT | A | -0.97% | |
| TRMK | A | -0.96% | |
| AGM | A | -0.94% | |
| SAFT | C | -0.91% | |
| RDN | C | -0.9% | |
| FCF | B | -0.9% | |
| HOMB | A | -0.9% | |
| EVTC | F | -0.88% | |
| EIG | D | -0.87% | |
| BLX | A | -0.87% | |
| SYBT | B | -0.85% | |
| EFSC | C | -0.85% | |
| WAFD | B | -0.85% | |
| PAX | F | -0.84% | |
| WSBC | D | -0.84% | |
| NIC | C | -0.83% | |
| GBCI | C | -0.82% | |
| LKFN | D | -0.81% | |
| STBA | B | -0.81% | |
| PEBO | B | -0.8% | |
| CVII | A | -0.78% | |
| EQC | D | -0.75% | |
| SASR | D | -0.74% | |
| SFNC | D | -0.74% | |
| GABC | D | -0.73% | |
| QCRH | C | -0.73% | |
| SRCE | B | -0.71% | |
| AMSF | F | -0.69% | |
| OBK | B | -0.69% | |
| SBSI | D | -0.63% | |
| LBAI | B | -0.61% | |
| CTBI | A | -0.59% | |
| BRKL | D | -0.58% | |
| BFC | D | -0.57% | |
| FBMS | D | -0.55% | |
| TRIN | B | -0.54% | |
| FMBH | B | -0.53% | |
| NFG | A | -0.52% | |
| UVSP | A | -0.5% | |
| HFWA | C | -0.49% | |
| CFFN | D | -0.48% | |
| TMP | D | -0.47% | |
| ALCC | B | -0.47% | |
| FCBC | B | -0.42% | |
| TRST | B | -0.4% | |
| GSBC | B | -0.38% | |
| CATC | C | -0.38% | |
| FLO | B | -0.37% | |
| FMNB | D | -0.35% | |
| SLAM | A | -0.35% | |
| DHIL | C | -0.34% | |
| CAC | B | -0.34% | |
| MCBS | A | -0.34% | |
| HONE | B | -0.33% | |
| THFF | B | -0.33% | |
| BHB | B | -0.31% | |
| AROW | C | -0.31% | |
| CCNE | D | -0.31% | |
| HTBI | B | -0.3% | |
| MCBC | A | -0.3% | |
| ALRS | D | -0.3% | |
| CCBG | D | -0.29% | |
| BHRB | C | -0.28% | |
| EBF | D | -0.28% | |
| SMMF | B | -0.27% | |
| NFBK | D | -0.27% | |
| IDA | B | -0.26% | |
| ESQ | C | -0.26% | |
| NWE | B | -0.25% | |
| KRNY | F | -0.25% | |
| SPFI | B | -0.25% | |
| GLRE | A | -0.25% | |
| SMBK | C | -0.24% | |
| SBR | C | -0.24% | |
| ARTNA | D | -0.24% | |
| MPB | B | -0.24% | |
| PNM | C | -0.23% | |
| NWN | B | -0.22% | |
| SR | B | -0.22% | |
| BSRR | B | -0.22% | |
| HIFS | C | -0.22% | |
| AIRC | A | -0.22% | |
| BKH | B | -0.22% | |
| NPK | A | -0.22% | |
| FBIZ | C | -0.21% | |
| PFIS | D | -0.21% | |
| CPK | B | -0.21% | |
| PECO | D | -0.21% | |
| ORRF | B | -0.21% | |
| MGEE | A | -0.21% | |
| ACNB | F | -0.21% | |
| FMAO | B | -0.21% | |
| SLGN | B | -0.21% | |
| WTBA | D | -0.2% | |
| GNTY | B | -0.2% | |
| FSBC | D | -0.2% | |
| BWB | B | -0.2% | |
| HBCP | B | -0.2% | |
| CZNC | D | -0.2% | |
| PSTL | D | -0.19% | |
| TRC | B | -0.19% | |
| EBTC | D | -0.19% | |
| AGX | B | -0.19% | |
| GPOR | C | -0.19% | |
| DEA | C | -0.18% | |
| VLGEA | A | -0.18% | |
| GTY | C | -0.18% | |
| SXT | A | -0.18% | |
| NHC | D | -0.18% | |
| FSBW | C | -0.17% | |
| FRST | F | -0.17% | |
| FNLC | D | -0.17% | |
| TRS | B | -0.17% | |
| PBH | D | -0.16% | |
| CTO | B | -0.16% | |
| FLIC | F | -0.16% | |
| FELE | D | -0.16% | |
| WERN | D | -0.15% | |
| UTMD | F | -0.15% | |
| AFCG | B | -0.15% | |
| PKE | F | -0.15% | |
| NTST | C | -0.15% | |
| ICFI | C | -0.15% | |
| CHCT | F | -0.15% | |
| SCL | D | -0.15% | |
| WSBF | B | -0.15% | |
| BMI | A | -0.14% | |
| CSWI | A | -0.14% | |
| UNF | F | -0.14% | |
| LTC | A | -0.14% | |
| HSTM | B | -0.14% | |
| BRC | B | -0.14% | |
| COLM | B | -0.14% | |
| JBSS | F | -0.14% | |
| HTLD | F | -0.14% | |
| SMP | C | -0.14% | |
| LXP | D | -0.14% | |
| EXPO | B | -0.14% | |
| CBNK | D | -0.14% | |
| CSR | A | -0.14% | |
| HCC | B | -0.14% | |
| JJSF | F | -0.14% | |
| MRTN | D | -0.13% | |
| RGP | D | -0.13% | |
| WEN | B | -0.13% | |
| BCAL | D | -0.13% | |
| GATX | C | -0.13% | |
| BNL | C | -0.13% | |
| PINC | F | -0.13% | |
| CSGS | F | -0.13% | |
| ASH | A | -0.13% | |
| GEF | D | -0.13% | |
| CBZ | D | -0.13% | |
| TNC | D | -0.12% | |
| PLXS | B | -0.12% | |
| ACA | B | -0.12% | |
| TGNA | D | -0.12% | |
| NHI | A | -0.12% | |
| NOMD | D | -0.12% | |
| CALM | D | -0.12% | |
| OSIS | C | -0.12% | |
| GOOD | A | -0.12% | |
| FCPT | C | -0.12% | |
| GENC | A | -0.12% | |
| FSS | C | -0.12% | |
| ESE | B | -0.11% | |
| HUBG | C | -0.11% | |
| MSGS | B | -0.11% | |
| HNI | B | -0.11% | |
| ALG | D | -0.11% | |
| SNDR | D | -0.11% | |
| NTCT | F | -0.11% | |
| GRC | F | -0.11% | |
| KREF | F | -0.11% | |
| SXC | D | -0.11% | |
| ARKO | F | -0.11% | |
| LNN | C | -0.11% | |
| VAL | D | -0.11% | |
| CASS | D | -0.11% | |
| AROC | B | -0.11% | |
| CTRE | B | -0.11% | |
| UHT | D | -0.11% | |
| CUZ | A | -0.1% | |
| JBGS | F | -0.1% | |
| PCH | D | -0.1% | |
| CMPO | B | -0.1% | |
| DK | F | -0.1% | |
| INVA | B | -0.1% | |
| AHH | C | -0.1% | |
| RUSHA | D | -0.1% | |
| CCOI | F | -0.1% | |
| KW | C | -0.1% | |
| WINA | C | -0.1% | |
| WDFC | D | -0.1% | |
| VMI | B | -0.1% | |
| UFPT | A | -0.1% | |
| DRQ | F | -0.1% | |
| CVLT | A | -0.1% | |
| MWA | A | -0.1% | |
| ROAD | D | -0.1% | |
| IOSP | C | -0.1% | |
| BLKB | B | -0.1% | |
| MLR | A | -0.1% | |
| BFS | F | -0.1% | |
| PBT | F | -0.1% | |
| CRC | F | -0.1% | |
| HIW | A | -0.1% | |
| GHC | B | -0.1% | |
| PRGS | F | -0.1% | |
| HCKT | D | -0.1% | |
| ECVT | F | -0.09% | |
| VPG | D | -0.09% | |
| GPRK | B | -0.09% | |
| RNGR | F | -0.09% | |
| MYRG | F | -0.09% | |
| NCNO | D | -0.09% | |
| ADUS | C | -0.09% | |
| PSMT | A | -0.09% | |
| HWKN | A | -0.09% | |
| APLE | F | -0.09% | |
| AVT | A | -0.09% | |
| MTX | A | -0.09% | |
| BHE | A | -0.09% | |
| MOG.A | A | -0.09% | |
| FPI | B | -0.09% | |
| DORM | C | -0.09% | |
| RGR | C | -0.09% | |
| TRNS | A | -0.09% | |
| SXI | C | -0.09% | |
| SFL | A | -0.09% | |
| GMRE | D | -0.09% | |
| MGIC | B | -0.09% | |
| IRT | B | -0.09% | |
| KFRC | D | -0.09% | |
| DEI | B | -0.09% | |
| PRGO | B | -0.09% | |
| CABO | F | -0.08% | |
| RLGT | F | -0.08% | |
| ITGR | D | -0.08% | |
| EPAC | A | -0.08% | |
| LAUR | A | -0.08% | |
| BBSI | A | -0.08% | |
| JBI | D | -0.08% | |
| HUN | D | -0.08% | |
| ABM | B | -0.08% | |
| PRIM | A | -0.08% | |
| LILAK | B | -0.08% | |
| ARCH | D | -0.08% | |
| CTS | A | -0.08% | |
| ENS | D | -0.08% | |
| CRI | F | -0.08% | |
| FTDR | B | -0.08% | |
| HOLI | D | -0.08% | |
| AZZ | C | -0.08% | |
| MEI | F | -0.08% | |
| RDWR | F | -0.08% | |
| CMCO | C | -0.08% | |
| STRA | A | -0.08% | |
| KAI | D | -0.08% | |
| CNNE | D | -0.08% | |
| SPOK | F | -0.08% | |
| APOG | A | -0.08% | |
| CENT | D | -0.08% | |
| PLOW | D | -0.08% | |
| FORR | F | -0.08% | |
| HSII | D | -0.08% | |
| VSH | C | -0.08% | |
| SRCL | F | -0.08% | |
| LMAT | A | -0.08% | |
| LOPE | C | -0.08% | |
| PAHC | A | -0.08% | |
| DNB | D | -0.08% | |
| CACC | D | -0.08% | |
| VIAV | F | -0.07% | |
| NVEC | F | -0.07% | |
| MRCY | D | -0.07% | |
| ICUI | F | -0.07% | |
| MNRO | F | -0.07% | |
| NRC | D | -0.07% | |
| HI | F | -0.07% | |
| IRDM | C | -0.07% | |
| SQSP | B | -0.07% | |
| PRDO | A | -0.07% | |
| IART | F | -0.07% | |
| JBT | F | -0.07% | |
| AIN | F | -0.07% | |
| MATW | D | -0.07% | |
| AMSWA | F | -0.07% | |
| PDCO | F | -0.07% | |
| HAE | A | -0.07% | |
| ITRN | D | -0.07% | |
| SHOO | D | -0.07% | |
| JOUT | F | -0.07% | |
| FUL | C | -0.07% | |
| SANM | B | -0.07% | |
| WEYS | D | -0.07% | |
| SPNS | B | -0.07% | |
| AMN | D | -0.07% | |
| PLUS | C | -0.07% | |
| FSTR | D | -0.07% | |
| SUPN | D | -0.07% | |
| KN | B | -0.07% | |
| ENV | B | -0.07% | |
| HURN | F | -0.07% | |
| LZB | F | -0.07% | |
| ACIW | A | -0.07% | |
| MODN | B | -0.07% | |
| NATR | C | -0.07% | |
| USPH | C | -0.06% | |
| HELE | D | -0.06% | |
| SPB | C | -0.06% | |
| MMSI | B | -0.06% | |
| VECO | B | -0.06% | |
| SCSC | C | -0.06% | |
| AAP | D | -0.06% | |
| VRNT | C | -0.06% | |
| AMED | D | -0.06% | |
| GPI | A | -0.06% | |
| IPGP | F | -0.06% | |
| SATS | B | -0.06% | |
| ATEN | A | -0.06% | |
| OMCL | C | -0.06% | |
| MTRN | F | -0.06% | |
| ETD | F | -0.06% | |
| OXM | A | -0.06% | |
| WK | D | -0.06% | |
| TPH | A | -0.06% | |
| CNXC | F | -0.06% | |
| ZD | D | -0.06% | |
| SCHL | D | -0.06% | |
| IRWD | F | -0.06% | |
| MLAB | B | -0.06% | |
| POWI | D | -0.06% | |
| BL | D | -0.06% | |
| ASGN | D | -0.06% | |
| AVNS | D | -0.06% | |
| LIVN | A | -0.06% | |
| CVCO | C | -0.06% | |
| LEG | F | -0.06% | |
| NVST | F | -0.06% | |
| GLDD | F | -0.06% | |
| ATNI | F | -0.06% | |
| TTMI | A | -0.06% | |
| PCRX | F | -0.06% | |
| BOX | F | -0.06% | |
| PZZA | F | -0.06% | |
| HLF | C | -0.05% | |
| SHEN | F | -0.05% | |
| CNMD | F | -0.05% | |
| ALRM | D | -0.05% | |
| CEVA | D | -0.05% | |
| ADMA | A | -0.05% | |
| CBRL | F | -0.05% | |
| IBEX | F | -0.05% | |
| AMPH | F | -0.05% | |
| TTGT | D | -0.05% | |
| OFIX | F | -0.05% | |
| ANIP | C | -0.05% | |
| ANIK | A | -0.05% | |
| BOWL | D | -0.05% | |
| ARCO | C | -0.05% | |
| SEM | B | -0.05% | |
| ALKS | F | -0.05% | |
| IRMD | C | -0.05% | |
| XNCR | C | -0.05% | |
| CSV | B | -0.05% | |
| THRM | D | -0.05% | |
| AEIS | D | -0.05% | |
| FORM | A | -0.05% | |
| USNA | D | -0.05% | |
| VREX | F | -0.05% | |
| KIDS | B | -0.05% | |
| ATEX | D | -0.05% | |
| SRDX | C | -0.04% | |
| INSM | D | -0.04% | |
| NEOG | F | -0.04% | |
| TBPH | C | -0.04% | |
| NARI | F | -0.04% | |
| HRMY | C | -0.04% | |
| CORT | D | -0.04% | |
| PTCT | B | -0.04% | |
| ZIP | F | -0.04% | |
| GKOS | A | -0.04% | |
| RDNT | A | -0.04% | |
| AGIO | A | -0.04% | |
| OGN | B | -0.04% | |
| ACAD | F | -0.03% | |
| AZTA | D | -0.03% | |
| RARE | D | -0.03% | |
| ATRC | F | -0.03% | |
| IMTX | D | -0.03% |
LALT: Top Represented Industries & Keywords
Industries:
Keywords:
Exchange Traded Fund
ETF
Exchange Traded Funds
Commodity Markets
Absolute Return
American Depositary Receipt
Bear Market ETF
Betashares
Bloomberg Barclays Us Aggregate Bond Index
Bond
Bond Market
Bullion
Commercial Mortgage Backed Security
Commodity
Commodity Pool
Depositary Receipt
Exchange
Government Bonds
Index Fund
Inverse ETF
SMLV: Top Represented Industries & Keywords
Industries:
Banks - Regional - US
Biotechnology
Software - Application
Diversified Industrials
Business Services
Medical Instruments & Supplies
Savings & Cooperative Banks
Medical Devices
REIT - Diversified
Software - Infrastructure
Specialty Chemicals
Telecom Services
Auto Parts
Drug Manufacturers - Specialty & Generic
Electronic Components
Packaged Foods
REIT - Healthcare Facilities
Communication Equipment
Diagnostics & Research
Education & Training Services
Keywords:
Bank
Banking
Deposit Products
Real Estate Loans
Medicine
Real Estate Investment Trust
Trust Services
Demand Deposit
Chemical
Commercial Banking
Investment Management
Insurance
Retail Banking
Aerospace
Loan Products
Pharmaceutical
Residential Real Estate Loans
Cash Management Services
Commercial Bank
Computing
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