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LALT vs KONG

First Trust Multi-Strategy Alternative ETF vs Formidable Fortress ETF

LALT

First Trust Multi-Strategy Alternative ETF

Annual cost

1.18%

Fund size

$65M

KONG

Formidable Fortress ETF

Annual cost

0.89%

Fund size

$22M

Key differences

Both LALT and KONG are alternative ETFs. LALT charges 1.18% a year and KONG 0.89%. The main difference: LALT follows a multi strategy strategy; KONG uses option income.

  • LALT follows a multi strategy strategy; KONG uses option income.
  • KONG costs 0.29% less per year.
  • Over the last three years, LALT has delivered higher annualized returns.

Side-by-side comparison

LALTKONG
Annual cost (TER)1.18%0.89%
Fund size (AUM)$65M$22M
Since20232021
Dividend yield3.68%0.36%
Asset classalternativealternative
Region
Strategymulti strategyoption income
CAGR 1Y+19.2%+4.3%
CAGR 3Y+10.1%+8.4%
CAGR 5YN/AN/A
Sharpe 3Y1.040.42
Volatility 1Y7.01%10.95%
Max drawdown-6.96%-19.98%

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

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