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LALT vs ISMF

First Trust Multi-Strategy Alternative ETF vs iShares Managed Futures Active ETF

LALT

First Trust Multi-Strategy Alternative ETF

First Trust

Annual cost

1.18%

Fund size

$61M

ISMF

iShares Managed Futures Active ETF

BlackRock

Annual cost

0.80%

Fund size

$57M

Key differences

  • ISMF costs 0.38% less per year.
  • LALT follows a multi strategy strategy; ISMF uses managed futures.

Side-by-side comparison

LALTISMF
Annual cost (TER)1.18%0.80%
Fund size (AUM)$61M$57M
Since20232025
Dividend yield3.67%2.50%
Asset classalternativealternative
Regionglobal
Strategymulti strategymanaged futures
CAGR 1Y+23.1%+22.3%
CAGR 3Y+10.8%N/A
CAGR 5YN/AN/A
Sharpe 3Y1.16N/A
Volatility 1Y6.79%7.87%
Max drawdown-6.96%-4.23%

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

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