evenfolioETF Details
First Trust·Multistrategy·LALT · NYSE Arca
First Trust Multi-Strategy Alternative ETF (LALT)
- Price
- $24.78
- —30 Oct 2026
- Assets
- $389.5M
- Total net assets
- Expense ratio
- 1.18%
- Category 1.94%
- Yield
- 3.98%
- Trailing distributions
- 1Y return
- 12.5%+11.0%
- Category 1.5%
- 3Y CAGR
- 10.8%+6.6%
- Category 4.2%
- 5Y CAGR
- —
- Category 5.2%
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First Trust Multi-Strategy Alternative ETF
Calendar-year returns
Fund only: no comparison series covers this fund's history.
Risk statistics
Five years of daily closes. Risk-free rate 4% a year.
- Standard deviation
- —
- Maximum drawdown
- —
- Sharpe ratio
- —
- Sortino ratio
- —
- Beta
- —
- Alpha
- —
- R²
- —
- Information ratio
- —
- Upside capture
- —
- Downside capture
- —
- Tracking error
- —
| Period | 1M | 3M | 6M | YTD | 1Y | 3YCAGR | 5YCAGR | 10YCAGR | LaunchCAGR |
|---|---|---|---|---|---|---|---|---|---|
| ETF | +0.3% | +2.9% | +0.8% | +11.7% | +12.5% | +10.8% | — | — | +8.6% |
| Multistrategy average | 0.2% | 2.4% | 0.4% | 4.7% | 1.5% | 4.2% | 5.2% | 3.7% | 3.5% |
| Difference | +0.1% | +0.5% | +0.4% | +7.0% | +11.0% | +6.6% | — | — | +5.0% |
Holdings
The 7 largest positions make up 99.9% of the fund.
Top holdings
| Ticker | Holding | Weight |
|---|---|---|
| FAAR | First Trust Alt Abs Ret Strat ETF | 21.49% |
| FMF | First Trust Managed Future Strategy ETF | 21.47% |
| FTLS | First Trust Long/Short Equity ETF | 21.42% |
| LMBS | First Trust Low Duration Oppos ETF | 10.51% |
| FLSP | Franklin Systematic Style Premia ETF | 9.51% |
| FTGC | First Trust Global Tact Cmdty Strat ETF | 7.98% |
| IEF | iShares 7-10 Year Treasury Bond ETF | 7.52% |
Portfolio valuation
Weighted averages of what the fund holds.
- P/E
- 21.5
- P/B
- 4.0
- P/S
- 2.4
- P/CF
- 14.5
Sector allocation
Share of the equity the fund holds.
- Technology29.7%
- Financial services23.1%
- Health care9.6%
- Industrials8.4%
- Communication services7.0%
- Consumer discretionary6.6%
- Energy5.0%
- Consumer staples3.7%
- Materials3.7%
- Real estate2.2%
- Utilities1.1%
Asset mix
- Cash53.5%
- Stocks26.2%
- Bonds14.2%
- Other6.2%
Credit quality
Share of the bonds by rating.
- US government29.3%
- AAA65.8%
- AA33.6%
- A0.3%
- BBB0.1%
- BB0.0%
- Below B0.0%
- Other0.3%
ETF details
- Issuer
- First Trust
- Category
- Alternatives · Multistrategy
- Ticker
- LALT
- Exchange
- NYSE Arca
- Inception
- 31 Jan 2023 (3.7 years)
- Structure
- Exchange Traded Fund
- Expense ratio
- 1.18% (category 1.94%)
- Holdings turnover
- 31% (category 256%)
- Distribution yield
- 3.98%
- Beta, 3 years
- 0.13
- Total net assets
- $389.5M
- Average duration
- 4.12 years
Prices and returns as of 30 Oct 2026; total return with distributions reinvested, before brokerage and taxes. Not investment advice.
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