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GDMA vs LALT

Gadsden Dynamic Multi-Asset ETF vs First Trust Multi-Strategy Alternative ETF

GDMA

Gadsden Dynamic Multi-Asset ETF

Annual cost

0.75%

Fund size

$204M

LALT

First Trust Multi-Strategy Alternative ETF

Annual cost

1.18%

Fund size

$65M

Key differences

Both GDMA and LALT are alternative ETFs. GDMA charges 0.75% a year and LALT 1.18%. The main difference: GDMA costs 0.43% less per year.

  • GDMA costs 0.43% less per year.
  • GDMA is much larger than LALT. Larger funds are usually more liquid and less likely to close.
  • Over the last three years, GDMA has delivered higher annualized returns.
  • GDMA has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

GDMALALT
Annual cost (TER)0.75%1.18%
Fund size (AUM)$204M$65M
Since20182023
Dividend yield2.59%3.68%
Asset classalternativealternative
Region
Strategymulti strategymulti strategy
CAGR 1Y+28.3%+19.2%
CAGR 3Y+16.3%+10.1%
CAGR 5Y+7.3%N/A
Sharpe 3Y1.161.04
Volatility 1Y14.39%7.01%
Max drawdown-16.66%-6.96%

Beyond the comparison: Beacon helps you build, track, and project a portfolio with the ETFs you pick.

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