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First Trust Multi-Strategy Alternative (LALT) ETF Holdings & Analysis
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What LALT does
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 profile
Top holdings
| Holding | Weight | |
|---|---|---|
| First Trust Long/Short Equity ETF | 21.80% | |
| First Trust Managed Futures Strategy Fund | 21.35% | |
| First Trust Alternative Absolute Return Strategy ETF | 20.79% | |
| First Trust Low Duration Opportunities ETF | 10.21% | |
| Franklin Systematic Style Premia ETF | 9.51% | |
| First Trust Global Tactical Commodity Strategy Fund | 9.06% | |
| iShares 7-10 Year Treasury Bond ETF | 7.14% | |
| US Dollar | 0.14% |
Sector allocation
| Basic Materials | 4.19% |
| Cash & Others | 0.01% |
| Communication Services | 7.09% |
| Consumer Cyclical | 5.07% |
| Consumer Defensive | 4.88% |
| Energy | 5.14% |
| Financial Services | 26.04% |
| Healthcare | 11.03% |
| Industrials | 6.57% |
| Real Estate | 3.52% |
| Technology | 25.65% |
Geographic allocation
| United States | 99.87% |
| Other | 0.13% |
PortView Portfolio Insights
PortView analyzes how LALT fits your actual portfolio — position weight, ETF overlap with your other funds, sector and geographic exposure, concentration, and how this fund contributes to your portfolio risk and return. Connect a portfolio to see your personalized figures; PortView never shows another user's private holdings.
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Frequently asked questions
- What does LALT track?
- LALT is the First Trust Multi-Strategy Alternative ETF, a Other ETF.
- What is the expense ratio of LALT?
- Expense ratio data for LALT is shown on the page when available from our data provider.
- What are the largest holdings in LALT?
- Top holdings include FTLS, FMF, FAAR, LMBS, FLSP.
- How can PortView analyze LALT overlap with other ETFs?
- PortView computes the holdings overlap between LALT and the other ETFs and stocks you own, plus your combined sector and geographic exposure, so you can see true diversification.
The information provided by PortView is for informational and educational purposes only and does not constitute investment advice. Market data may be delayed. Past performance does not guarantee future results.