Screener
LALT vs FCEF
First Trust Multi-Strategy Alternative ETF vs First Trust Income Opportunity ETF
Key differences
LALT is an alternative ETF, while FCEF is a mixed asset ETF. LALT charges 1.18% a year and FCEF 3.69%.
- LALT is an alternative fund, while FCEF is a mixed asset fund. They carry different risk/return profiles.
- LALT follows a multi strategy strategy; FCEF uses active selection.
- LALT costs 2.51% less per year.
- Over the last three years, FCEF has delivered higher annualized returns.
- FCEF has a longer track record, which may reduce uncertainty around long-term behavior.
Side-by-side comparison
| LALT | FCEF | |
|---|---|---|
| Annual cost (TER) | 1.18% | 3.69% |
| Fund size (AUM) | $65M | $79M |
| Since | 2023 | 2016 |
| Dividend yield | 3.68% | 6.19% |
| Asset class | alternative | mixed asset |
| Region | — | — |
| Strategy | multi strategy | active selection |
| CAGR 1Y | +19.2% | +15.3% |
| CAGR 3Y | +10.1% | +15.6% |
| CAGR 5Y | N/A | +5.8% |
| Sharpe 3Y | 1.04 | 1.15 |
| Volatility 1Y | 7.01% | 7.87% |
| Max drawdown | -6.96% | -44.81% |
Beyond the comparison: Beacon helps you build, track, and project a portfolio with the ETFs you pick.