Skip to content
Beacon
Screener

HARD vs LALT

Simplify Commodities Strategy No K-1 ETF vs First Trust Multi-Strategy Alternative ETF

HARD

Simplify Commodities Strategy No K-1 ETF

Simplify Asset Management

Annual cost

0.78%

Fund size

$118M

LALT

First Trust Multi-Strategy Alternative ETF

First Trust

Annual cost

1.18%

Fund size

$61M

Key differences

  • HARD costs 0.40% less per year.
  • HARD is classified as commodity, while LALT is alternative — different risk/return profiles.
  • Over the last 3 years, HARD has delivered higher annualized returns.

Side-by-side comparison

HARDLALT
Annual cost (TER)0.78%1.18%
Fund size (AUM)$118M$61M
Since20232023
Dividend yield3.05%3.67%
Asset classcommodityalternative
Region
Strategymulti strategy
CAGR 1Y+25.3%+23.1%
CAGR 3Y+14.1%+10.8%
CAGR 5YN/AN/A
Sharpe 3Y0.601.16
Volatility 1Y26.20%6.79%
Max drawdown-13.51%-6.96%

Green dot indicates the better value for that metric. Performance data is historical and does not predict future results.

Similar to HARD and LALT