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LALT vs AGOX

First Trust Multi-Strategy Alternative ETF vs Adaptive Alpha Opportunities ETF

LALT

First Trust Multi-Strategy Alternative ETF

Annual cost

1.18%

Fund size

$65M

AGOX

Adaptive Alpha Opportunities ETF

Annual cost

1.33%

Fund size

$387M

Key differences

Both LALT and AGOX are alternative ETFs. LALT charges 1.18% a year and AGOX 1.33%. The main difference: LALT follows a multi strategy strategy; AGOX uses active selection.

  • LALT follows a multi strategy strategy; AGOX uses active selection.
  • LALT costs 0.15% less per year.
  • AGOX is much larger than LALT. Larger funds are usually more liquid and less likely to close.
  • Over the last three years, AGOX has delivered higher annualized returns.
  • AGOX has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

LALTAGOX
Annual cost (TER)1.18%1.33%
Fund size (AUM)$65M$387M
Since20232012
Dividend yield3.68%0.00%
Asset classalternativealternative
Region
Strategymulti strategyactive selection
CAGR 1Y+19.2%+27.6%
CAGR 3Y+10.1%+18.6%
CAGR 5YN/A+8.5%
Sharpe 3Y1.040.78
Volatility 1Y7.01%18.54%
Max drawdown-6.96%-27.72%

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

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