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RLY vs LALT

State Street Multi-Asset Real Return ETF vs First Trust Multi-Strategy Alternative ETF

RLY

State Street Multi-Asset Real Return ETF

Annual cost

0.50%

Fund size

$1.2B

LALT

First Trust Multi-Strategy Alternative ETF

Annual cost

1.18%

Fund size

$65M

Key differences

RLY is a fixed income ETF, while LALT is an alternative ETF. RLY charges 0.50% a year and LALT 1.18%.

  • RLY is a fixed income fund, while LALT is an alternative fund. They carry different risk/return profiles.
  • RLY follows a active selection strategy; LALT uses multi strategy.
  • RLY costs 0.68% less per year.
  • RLY is much larger than LALT. Larger funds are usually more liquid and less likely to close.
  • Over the last three years, RLY has delivered higher annualized returns.
  • RLY has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

RLYLALT
Annual cost (TER)0.50%1.18%
Fund size (AUM)$1.2B$65M
Since20122023
Dividend yield2.89%3.68%
Asset classfixed incomealternative
Region
Strategyactive selectionmulti strategy
CAGR 1Y+28.0%+19.2%
CAGR 3Y+14.0%+10.1%
CAGR 5Y+10.0%N/A
Sharpe 3Y0.901.04
Volatility 1Y10.38%7.01%
Max drawdown-34.17%-6.96%

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

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