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IALT vs LALT

iShares Systematic Alternatives Active ETF vs First Trust Multi-Strategy Alternative ETF

IALT

iShares Systematic Alternatives Active ETF

iShares

Annual cost

0.99%

Fund size

$210M

LALT

First Trust Multi-Strategy Alternative ETF

First Trust

Annual cost

1.18%

Fund size

$61M

Key differences

  • IALT costs 0.19% less per year.
  • IALT is significantly larger than LALT — larger funds tend to be more liquid and less likely to close.
  • IALT follows a systematic alpha strategy; LALT uses multi strategy.

Side-by-side comparison

IALTLALT
Annual cost (TER)0.99%1.18%
Fund size (AUM)$210M$61M
Since20252023
Dividend yield3.67%
Asset classalternativealternative
Regionglobal
Strategysystematic alphamulti strategy
CAGR 1YN/A+23.1%
CAGR 3YN/A+10.8%
CAGR 5YN/AN/A
Sharpe 3YN/A1.16
Volatility 1Y6.79%
Max drawdown-1.47%-6.96%

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

Similar to IALT and LALT