ETF overview
The First Trust Multi-Strategy Alternative ETF (LALT) is designed to achieve the primary goal of generating overall long-term returns. This actively managed exchange-traded fund strives towards its investment objective by strategically distributing its capital among a wide variety of non-traditional asset classes and investment approaches. The intention behind this strategy is to provide investors with diminished correlation and broader risk diversification when measured against standard equity and fixed income benchmarks, like the S&P 500 Index or the Bloomberg Aggregate Bond Index, aiming for consistent performance through diverse economic conditions.
Fund facts
- Expense ratio
- 0.20%
- Fund assets
- 427.71M USD (all share classes)
- Issuer
- First Trust
- Inception date
- Jan 31, 2023
- Number of holdings
- 7
Breakdown
Holdings (7)
| Name | Ticker | Weight |
|---|---|---|
| First Trust Alternative Absolute Return Strategy ETF | FAAR | 21.69% |
| First Trust Long/Short Equity ETF | FTLS | 21.32% |
| First Trust Managed Futures Strategy Fund | FMF | 21.12% |
| First Trust Low Duration Opportunities ETF | LMBS | 10.49% |
| Franklin Systematic Style Premia ETF | FLSP | 9.63% |
| First Trust Global Tactical Commodity Strategy Fund | FTGC | 8.09% |
| iShares 7-10 Year Treasury Bond ETF | IEF | 7.56% |
Historical returns do not guarantee future returns. This is not investment advice.

First Trust Multi-Strategy Alternative ETF (LALT)
- Expense ratio
- 0.20%
- Fund assets
- 427.71M USD (all share classes)
- Issuer
- First Trust
- Inception date
- Jan 31, 2023
- Number of holdings
- 7
| Name | Ticker | Weight |
|---|---|---|
| First Trust Alternative Absolute Return Strategy ETF | FAAR | 21.69% |
| First Trust Long/Short Equity ETF | FTLS | 21.32% |
| First Trust Managed Futures Strategy Fund | FMF | 21.12% |
| First Trust Low Duration Opportunities ETF | LMBS | 10.49% |
| Franklin Systematic Style Premia ETF | FLSP | 9.63% |
| First Trust Global Tactical Commodity Strategy Fund | FTGC | 8.09% |
| iShares 7-10 Year Treasury Bond ETF | IEF | 7.56% |
The First Trust Multi-Strategy Alternative ETF (LALT) is designed to achieve the primary goal of generating overall long-term returns. This actively managed exchange-traded fund strives towards its investment objective by strategically distributing its capital among a wide variety of non-traditional asset classes and investment approaches. The intention behind this strategy is to provide investors with diminished correlation and broader risk diversification when measured against standard equity and fixed income benchmarks, like the S&P 500 Index or the Bloomberg Aggregate Bond Index, aiming for consistent performance through diverse economic conditions.
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