LALT vs. WBIF ETF Comparison
Comparison of First Trust Exchange-Traded Fund VIII First Trust Multi-Strategy Alternative ETF (LALT) to WBI Large Cap Tactical Value Shares (WBIF)
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
WBIF
WBI Large Cap Tactical Value Shares
WBIF Description
The investment seeks long-term capital appreciation and the potential for current income, while also seeking to protect principal during unfavorable market conditions. The fund will invest at least 80% of its net assets, plus the amount of any borrowings for investment purposes, in the equity securities of large capitalization domestic and foreign companies which WBI Investments, Inc., the sub-advisor to the fund and an affiliate of Millington Securities Inc., the advisor, believes display an attractive discount in a company's intrinsic value relative to its market price, and up to 20% of its net assets in other tactical investment opportunities.Grade (RS Rating)
Last Trade
$28.76
Average Daily Volume
1,823
32
Performance
Period | LALT | WBIF |
---|---|---|
30 Days | -1.40% | -5.46% |
60 Days | 0.22% | -2.22% |
90 Days | 2.02% | 2.42% |
12 Months | 5.12% | 11.37% |
0 Overlapping Holdings
Symbol | Grade | Weight in LALT | Weight in WBIF | Overlap |
---|
LALT Underweight 32 Positions Relative to WBIF
Symbol | Grade | Weight | |
---|---|---|---|
SJNK | A | -9.24% | |
MO | A | -4.95% | |
KNTK | A | -4.95% | |
TW | B | -4.32% | |
CHD | A | -4.1% | |
HRB | B | -4.04% | |
HPQ | D | -3.96% | |
NFLX | D | -3.88% | |
BR | C | -3.87% | |
IBM | D | -3.31% | |
MSFT | C | -3.08% | |
AXP | A | -2.38% | |
GIS | B | -2.23% | |
EBAY | A | -2.17% | |
RGA | A | -2.04% | |
CI | A | -2.04% | |
F | D | -2.03% | |
UNM | A | -2.02% | |
GRMN | A | -2.0% | |
WRB | D | -2.0% | |
DKS | B | -1.99% | |
HAL | D | -1.97% | |
UHS | C | -1.95% | |
MAR | D | -1.95% | |
CARR | A | -1.95% | |
PCAR | D | -1.93% | |
NXPI | B | -1.9% | |
SLB | F | -1.88% | |
CNA | B | -1.86% | |
BCC | D | -1.82% | |
TGT | D | -1.57% | |
KMB | A | -0.92% |
LALT: Top Represented Industries & Keywords
WBIF: Top Represented Industries & Keywords