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FAAR vs LALT
First Trust Alternative Absolute Return Strategy ETF vs First Trust Multi-Strategy Alternative ETF
Key differences
- FAAR costs 0.20% less per year.
- FAAR follows a long short strategy; LALT uses multi strategy.
- Over the last 3 years, FAAR has delivered higher annualized returns.
- FAAR has a longer track record, which may reduce uncertainty around long-term behavior.
Side-by-side comparison
| FAAR | LALT | |
|---|---|---|
| Annual cost (TER) | 0.98% | 1.18% |
| Fund size (AUM) | $168M | $61M |
| Since | 2016 | 2023 |
| Dividend yield | 9.07% | 3.67% |
| Asset class | alternative | alternative |
| Region | north america | — |
| Strategy | long short | multi strategy |
| CAGR 1Y | +41.1% | +23.1% |
| CAGR 3Y | +12.0% | +10.8% |
| CAGR 5Y | +8.5% | N/A |
| Sharpe 3Y | 0.74 | 1.16 |
| Volatility 1Y | 13.44% | 6.79% |
| Max drawdown | -18.03% | -6.96% |
Green dot indicates the better value for that metric. Performance data is historical and does not predict future results.
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