RINC vs. LALT ETF Comparison
Comparison of AXS Real Estate Income ETF (RINC) to First Trust Multi-Strategy Alternative ETF (LALT)
RINC
AXS Real Estate Income ETF
RINC Description
The fund uses a "passive management" approach to track the performance, before fees and expenses, of the index. Under normal circumstances, at least 80% of the fund"s net assets, plus borrowings for investment purposes, will be invested in the component securities of the index. The index consists primarily of common stocks of U.S. publicly traded real estate investment trusts that focus on owning commercial and residential mortgages and mortgage-backed securities and to a lesser extent, publicly traded closed-end funds. It is non-diversified.
Grade (RS Rating)
Last Trade
$23.06
Average Daily Volume
4,055
16
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
8
Performance
| Period | RINC | LALT |
|---|---|---|
| 30 Days | -1.28% | -0.14% |
| 60 Days | -6.77% | 0.73% |
| 90 Days | -2.44% | 1.05% |
| 12 Months | 4.91% | 6.78% |
0 Overlapping Holdings
| Symbol | Grade | Weight in RINC | Weight in LALT | Overlap |
|---|
RINC: Top Represented Industries & Keywords
LALT: Top Represented Industries & Keywords
Compare ETFs
