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LALT vs CTA

First Trust Multi-Strategy Alternative ETF vs Simplify Managed Futures Strategy ETF

LALT

First Trust Multi-Strategy Alternative ETF

First Trust

Annual cost

1.18%

Fund size

$61M

CTA

Simplify Managed Futures Strategy ETF

Simplify Asset Management

Annual cost

0.75%

Fund size

$1.7B

Key differences

  • CTA costs 0.43% less per year.
  • CTA is significantly larger than LALT — larger funds tend to be more liquid and less likely to close.
  • LALT follows a multi strategy strategy; CTA uses systematic alpha.
  • Over the last 3 years, CTA has delivered higher annualized returns.

Side-by-side comparison

LALTCTA
Annual cost (TER)1.18%0.75%
Fund size (AUM)$61M$1.7B
Since20232022
Dividend yield3.67%4.03%
Asset classalternativealternative
Region
Strategymulti strategysystematic alpha
CAGR 1Y+23.1%+16.5%
CAGR 3Y+10.8%+13.4%
CAGR 5YN/AN/A
Sharpe 3Y1.160.66
Volatility 1Y6.79%19.72%
Max drawdown-6.96%-18.07%

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

Similar to LALT and CTA