MAMB vs. LALT ETF Comparison
Comparison of Monarch Ambassador Income ETF (MAMB) to First Trust Exchange-Traded Fund VIII First Trust Multi-Strategy Alternative ETF (LALT)
MAMB
Monarch Ambassador Income ETF
MAMB Description
The investment seeks to replicate investment results that generally correspond, before fees and expenses, to the performance of the Kingsview Ambassador Income Index. The fund generally invests at least 80% of its total assets in the constituents of the index. The index is designed to measure the performance of an investable universe of fixed income securities of varying credit quality and duration, including corporate bonds, lower-quality bonds, known as "high yield" or "junk" bonds, treasury bonds, municipal bonds, mortgage backed securities and convertible bonds, that provide broad exposure to the U.S. and global bond market.
Grade (RS Rating)
Last Trade
$21.73
Average Daily Volume
11,308
5
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
$20.36
Average Daily Volume
6,004
8
Performance
| Period | MAMB | LALT |
|---|---|---|
| 30 Days | -1.22% | -2.14% |
| 60 Days | -1.40% | -0.25% |
| 90 Days | -1.95% | 1.52% |
| 12 Months | -2.43% | 4.88% |
MAMB: Top Represented Industries & Keywords
LALT: Top Represented Industries & Keywords
Compare ETFs
