LALT vs. STCE ETF Comparison

Comparison of First Trust Multi-Strategy Alternative ETF (LALT) to Schwab Crypto Thematic ETF (STCE)
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

Number of Holdings *

8

* may have additional holdings in another (foreign) market
STCE

Schwab Crypto Thematic ETF

STCE Description The fund will not invest in cryptocurrency or digital assets directly. The investment adviser typically seeks to track the total return of the index by replicating the index. It is non-diversified.

Grade (RS Rating)

Last Trade

$50.09

Average Daily Volume

26,513

Number of Holdings *

23

* may have additional holdings in another (foreign) market
Performance
Period LALT STCE
30 Days -0.14% 28.56%
60 Days 0.73% 57.88%
90 Days 1.05% 53.74%
12 Months 6.78% 137.72%
0 Overlapping Holdings
Symbol Grade Weight in LALT Weight in STCE Overlap
LALT Overweight 8 Positions Relative to STCE
Symbol Grade Weight
FTLS A 22.09%
FMF C 21.75%
FAAR F 21.36%
UCON C 12.24%
IAU C 7.75%
FTHI A 5.1%
MARB F 4.94%
IEF F 4.73%
LALT Underweight 23 Positions Relative to STCE
Symbol Grade Weight
MSTR B -11.83%
CIFR C -7.85%
COIN B -7.26%
IREN C -7.06%
CLSK C -5.86%
BTBT C -4.54%
RIOT C -4.28%
MARA B -4.0%
HOOD B -3.53%
IBKR A -2.71%
SQ A -2.54%
PYPL B -1.95%
CBOE C -1.83%
WT A -1.56%
NVDA A -1.03%
OPRA A -1.02%
FOUR A -0.99%
SNEX A -0.98%
VIRT A -0.95%
BGC C -0.93%
CUBI C -0.91%
CME A -0.89%
ICE D -0.8%
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