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LALT vs QALT

First Trust Multi-Strategy Alternative ETF vs SEI DBi Multi-Strategy Alternative ETF

LALT

First Trust Multi-Strategy Alternative ETF

First Trust

Annual cost

1.18%

Fund size

$61M

QALT

SEI DBi Multi-Strategy Alternative ETF

SEI

Annual cost

0.80%

Fund size

$186M

Key differences

  • QALT costs 0.38% less per year.
  • QALT is significantly larger than LALT — larger funds tend to be more liquid and less likely to close.

Side-by-side comparison

LALTQALT
Annual cost (TER)1.18%0.80%
Fund size (AUM)$61M$186M
Since20232023
Dividend yield3.67%3.14%
Asset classalternativealternative
Regionglobal
Strategymulti strategymulti strategy
CAGR 1Y+23.1%N/A
CAGR 3Y+10.8%N/A
CAGR 5YN/AN/A
Sharpe 3Y1.16N/A
Volatility 1Y6.79%
Max drawdown-6.96%-4.85%

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

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