TRTY vs. LALT ETF Comparison
Comparison of Cambria Trinity ETF (TRTY) to First Trust Multi-Strategy Alternative ETF (LALT)
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
$26.16
Average Daily Volume
11,294
19
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
$21.19
Average Daily Volume
2,638
8
Performance
Period | TRTY | LALT |
---|---|---|
30 Days | 0.43% | 0.36% |
60 Days | 0.55% | 1.24% |
90 Days | 1.40% | 1.30% |
12 Months | 11.13% | 7.46% |
1 Overlapping Holdings
Symbol | Grade | Weight in TRTY | Weight in LALT | Overlap | |
---|---|---|---|---|---|
FMF | C | 0.04% | 21.75% | 0.04% |
TRTY: Top Represented Industries & Keywords
LALT: Top Represented Industries & Keywords