FRC
FRC Logo
Sign InGet Access

Connect With Us

Stay updated with our latest research and insights

Fundamental Research Corp Logo

Highly ranked equity research firm providing institutional grade tools and analysis to all investors worldwide. Trusted by global investors for over 20+ years.

20+ Years
Rate us on TrustpilotLeave a review

Policies

  • Privacy Policy
  • Terms of Service
  • Disclaimer

Company

  • About Us
  • Our Team
  • Contact Us
  • Leave a Review

Resources

  • Videos
  • Research Reports
  • FAQ
  • How to use FRC

Browse

  • Stock Directory
  • Stock Screener
  • Market Intel Weekly
  • Report Archive

Trackers

  • Congress Trading
  • Senate Trading
  • Congress Net Worth
  • Commodities

© 2026 Fundamental Research Corp. All Rights Reserved.

Professional investment research since 2003

Home
Research
Get Access
Sign In
First Trust Multi-Strategy Alternative ETF ETF AnalysisComprehensive ETF analysis for First Trust Multi-Strategy Alternative ETF (LALT) including NAV, expense ratio, sector breakdown, and holdings data.ETF AnalysisLALT
LALT
First Trust Multi-Strategy Alternative ETF
LALT
  1. Home
  2. Screener
  3. First Trust Multi-Strategy Alternative ETFLALTETF
First Trust Multi-Strategy Alternative ETF Logo

First Trust Multi-Strategy Alternative ETF

ETF
🇺🇸LALT•AMEX•Alternatives

Your view on LALT

First Trust Multi-Strategy Alternative ETF Logo

First Trust Multi-Strategy Alternative ETF

ETFFirst Trust
🇺🇸LALT•AMEX•Alternatives
AUM (USD)$357.43M
Expense Ratio0.2%
Holdings7

Sentiment

AUM (USD)

$357.43M

Expense Ratio

0.2%

Holdings

7

Sentiment

LALT
First Trust Multi-Strategy Alternative ETF
LALT

Overview for First Trust Multi-Strategy Alternative ETF

Fund Type
ETF
Fund Issuer
First Trust
Asset Class
Alternatives
Sector
Financial Services
Industry
Asset Management
Inception Date
January 31, 2023
Domicile
US
Website
ftportfolios.com/Retail/Etf/EtfSummary.aspx?Ticker=LALT
Fund Type
ETF
Fund Issuer
First Trust
Asset Class
Alternatives
Sector
Financial Services
Industry
Asset Management
Inception Date
January 31, 2023
Domicile
US
Website
ftportfolios.com/Retail/Etf/EtfSummary.aspx?Ticker=LALT
Fund Type
ETF
Fund Issuer
First Trust
Asset Class
Alternatives
Sector
Financial Services
Industry
Asset Management
Inception Date
January 31, 2023
Domicile
US
Website
ftportfolios.com/Retail/Etf/EtfSummary.aspx?Ticker=LALT

About this fund

The First Trust Multi-Strategy Alternative ETF's (the "Fund") investment objective is long-term total return. The Fund is an actively managed exchange-traded fund ("ETF") that seeks to achieve its investment objective by allocating its assets amongst a variety of alternative asse…

LALT Stock Price

Key Facts

Alternatives

Expense Ratio

0.2%

AUM

$357.43M

Fund Details

NAV$24.74 USD
Holdings7
Average Volume179.1K
Inception DateJanuary 31, 2023
Asset ClassAlternatives
Fund IssuerFirst Trust
DomicileUS
ISINUS33740F4900
CUSIP33740F490
NAV CurrencyUSD

Expense Ratio

0.2%

Assets Under Management

$357.43M

NAV

$24.74 USD

Holdings

7

Average Volume

179.1K

Inception Date

January 31, 2023

Asset Class

Alternatives

Fund Issuer

First Trust

Domicile

US

ISIN

US33740F4900

CUSIP

33740F490

NAV Currency

USD

Expense Ratio

0.2%

Assets Under Management

$357.43M

NAV

$24.74 USD

Holdings

7

Average Volume

179.1K

Inception Date

January 31, 2023

Asset Class

Alternatives

Fund Issuer

First Trust

Domicile

US

ISIN

US33740F4900

CUSIP

33740F490

NAV Currency

USD

Data last updated: Sep 15, 2026, 07:12 AM

Latest headlines and company announcements for this company. Press releases and market coverage, newest first.

News

Latest Market News

this company valued side by side against its closest peers. Peer-relative multiples and operating metrics, so the valuation is read in the context of its own sector rather than in isolation.

News

Latest Market News

What is LALT?

First Trust Multi-Strategy Alternative ETF (LALT) is a Alternatives fund from First Trust, listed since 2023, with $357.4M in assets under management, a 0.20% expense ratio, a NAV of $24.74 USD.

What's in LALT? Top 8 holdings

HoldingWeight
First Trust Long/Short Equity ETF FTLS21.59%
First Trust Alternative Absolute Return Strategy ETF FAAR21.41%
First Trust Managed Futures Strategy Fund FMF21.37%
First Trust Low Duration Opportunities ETF LMBS10.50%
Franklin Systematic Style Premia ETF FLSP9.53%
First Trust Global Tactical Commodity Strategy Fund FTGC7.99%
iShares 7-10 Year Treasury Bond ETF IEF7.49%
US Dollar0.12%

LALT sector breakdown

  • Technology 26.90%
  • Financial Services 24.86%
  • Healthcare 11.23%
  • Communication Services 7.01%
  • Industrials 6.56%
  • Energy 5.28%
  • Consumer Cyclical 4.95%
  • Consumer Defensive 4.56%

More First Trust ETFs

  • RDVIFT Vest Rising Dividend Achievers Target Income ETF
  • RDVYFirst Trust Rising Dividend Achievers ETF
  • RFDIFirst Trust RiverFront Dynamic Developed International ETF
  • RFEMFirst Trust RiverFront Dynamic Emerging Markets ETF
  • RNDFirst Trust Bloomberg R&D Leaders ETF
  • RNEMEmerging Markets Equity Select ETF
  • ROBTFirst Trust Nasdaq Artificial Intelligence and Robotics ETF
  • RSJNFT Vest U.S. Equity Equal Weight Buffer ETF - June
  • RSMRFT Vest U.S. Equity Equal Weight Buffer ETF - March
  • RSSEFT Vest U.S. Equity Equal Weight Buffer ETF - September
  • SCIOFirst Trust Structured Credit Income Opportunities ETF
  • SDVYFirst Trust SMID Cap Rising Dividend Achievers ETF