TRND vs. LALT ETF Comparison
Comparison of Pacer Trendpilot Fund of Funds ETF (TRND) to First Trust Multi-Strategy Alternative ETF (LALT)
TRND
Pacer Trendpilot Fund of Funds ETF
TRND Description
The investment seeks to track the total return performance, before fees and expenses, of the Pacer Trendpilot Fund of Funds Index. The index is based on a proprietary methodology developed and maintained by Index Design Group, an affiliate of Pacer Advisors, Inc., the fund's investment adviser. Under normal circumstances, at least 80% of the fund's total assets (exclusive of collateral held from securities lending) will be invested in the component securities of the index. It is non-diversified.
Grade (RS Rating)
Last Trade
$34.04
Average Daily Volume
4,980
5
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
$21.30
Average Daily Volume
4,058
8
Performance
Period | TRND | LALT |
---|---|---|
30 Days | 2.61% | 1.53% |
60 Days | 1.60% | 1.50% |
90 Days | 3.59% | 1.97% |
12 Months | 17.89% | 7.97% |
0 Overlapping Holdings
Symbol | Grade | Weight in TRND | Weight in LALT | Overlap |
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TRND: Top Represented Industries & Keywords
LALT: Top Represented Industries & Keywords