LALT vs. TRTY ETF Comparison

Comparison of First Trust Exchange-Traded Fund VIII First Trust Multi-Strategy Alternative ETF (LALT) to Cambria Trinity ETF (TRTY)

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

$20.47

Average Daily Volume

5,850

Number of Holdings ^*

8

* may have additional holdings in another (foreign) market

TRTY

Cambria Trinity ETF

TRTY Description

The investment seeks to track the performance, before fees and expenses, of the Cambria Trinity Index (the "underlying index"). Under normal market conditions, the fund invests at least 80% of its total assets in the components of the underlying index and in depositary receipts representing components of the underlying index. The underlying index is designed to model absolute positive returns with reduced volatility and manageable risk, by identifying an investable portfolio of equity and fixed income securities, real estate, commodities and currencies.

Grade (RS Rating)

Last Trade

$25.91

Average Daily Volume

9,567

Number of Holdings ^*

19

* may have additional holdings in another (foreign) market

Performance

Period	LALT	TRTY
30 Days	-1.73%	-0.18%
60 Days	-0.44%	1.18%
90 Days	2.07%	5.01%
12 Months	5.48%	8.48%

1 Overlapping Holdings

	Symbol	Grade	Weight in LALT	Weight in TRTY	Overlap
	FMF	D	21.29%	2.95%	2.95%

LALT Overweight 7 Positions Relative to TRTY

	Symbol	Grade	Weight
	FAAR	C	21.43%
	FTLS	A	17.44%
	UCON	A	12.42%
	MARB	F	11.92%
	IAU	B	5.0%
	FTGC	B	4.99%
	IEF	D	4.97%

LALT Underweight 18 Positions Relative to TRTY

	Symbol	Grade	Weight
	VAMO	A	-10.13%
	EYLD	A	-8.24%
	FYLD	A	-8.19%
	SYLD	D	-7.37%
	VGIT	D	-5.85%
	PDBC	B	-4.22%
	GVAL	A	-4.08%
	DBMF	B	-3.2%
	JPMB	A	-2.95%
	VBR	C	-2.11%
	EXI	A	-2.11%
	PCY	A	-2.05%
	SCHP	A	-1.97%
	WIP	D	-1.92%
	BAR	B	-1.92%
	CTA	A	-1.05%
	KMLM	D	-1.04%
	BOXX	A	-1.0%

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

TRTY: Top Represented Industries & Keywords

Industries:

Keywords: Exchange Traded Fund ETF Bond Index Fund Exchange Traded Funds Shareholder Yield Stock Market Index U.S. Treasury Bond Market Indices Commodity Markets Debt Securities Dividend Emerging Market Fixed Income Inflation Managed Futures Account Merrill Lynch Betashares Bloomberg Barclays Us Aggregate Bond Index Bond Market