LALT vs. DALT ETF Comparison

Comparison of First Trust Exchange-Traded Fund VIII First Trust Multi-Strategy Alternative ETF (LALT) to Anfield Capital Diversified Alternatives ETF (DALT)

LALT

First Trust Exchange-Traded Fund VIII First Trust Multi-Strategy Alternative ETF

LALT Description

The investment seeks a positive total return that has a low correlation to the broader securities markets. The fund is an actively managed exchange-traded fund (ETF) that seeks to achieve its investment objective by investing in a combination of equity securities, financial futures contracts, forward currency contracts and other securities. The sub-adviser selects investments for inclusion in the fund's portfolio with reference to the components of the Morgan Stanley Multi-Strategy Alternative Index (the Benchmark) through a quantitative process that seeks to exceed the Benchmark's performance.

Grade (RS Rating)

Last Trade

$20.48

Average Daily Volume

2,809

Number of Holdings ^*

8

* may have additional holdings in another (foreign) market

DALT

Anfield Capital Diversified Alternatives ETF

DALT Description

The investment seeks to provide capital growth and income. The fund is an actively managed exchange traded fund (ETF) that is a fund of funds. It seeks to achieve its investment objective by investing primarily in alternative asset classes and securities that represent sectors, market segments or asset classes that do not represent the general investment universe. The fund will implement this strategy primarily through investments in unaffiliated ETFs, closed-end funds (CEFs), business development companies (BDCs) and real estate investment trusts (REITs).

Grade (RS Rating)

Last Trade

$8.90

Average Daily Volume

27,821

Number of Holdings ^*

9

* may have additional holdings in another (foreign) market

Performance

Period	LALT	DALT
30 Days	0.13%	-0.39%
60 Days	-1.27%	2.68%
90 Days	0.35%	4.27%
12 Months	5.31%	10.53%

1 Overlapping Holdings

	Symbol	Grade	Weight in LALT	Weight in DALT	Overlap
	FTLS	A	17.1%	3.78%	3.78%

LALT Overweight 7 Positions Relative to DALT

	Symbol	Grade	Weight
	FAAR	C	21.81%
	FMF	D	21.2%
	UCON	A	12.44%
	MARB	F	11.99%
	IAU	B	5.26%
	FTGC	A	5.15%
	IEF	C	4.9%

LALT Underweight 8 Positions Relative to DALT

	Symbol	Grade	Weight
	FCG	C	-5.99%
	VNLA	A	-5.15%
	ARCC	A	-5.1%
	PXE	D	-5.05%
	OXLC	B	-4.01%
	IXJ	B	-3.41%
	DBE	D	-3.38%
	IHE	C	-3.35%

LALT: Top Represented Industries & Keywords

Industries:

Keywords: Exchange Traded Fund ETF Exchange Traded Funds Commodity Markets Absolute Return American Depositary Receipt Bear Market ETF Betashares Bloomberg Barclays Us Aggregate Bond Index Bond Bond Market Bullion Commercial Mortgage Backed Security Commodity Commodity Pool Depositary Receipt Exchange Government Bonds Index Fund Inverse ETF

DALT: Top Represented Industries & Keywords

Industries: Asset Management

Keywords: ETF Exchange Traded Fund Exchange Traded Funds Natural Gas Crude Oil Invesco Powershares Loan Bear Market ETF Brent Crude Business Development CME Group Collateralized Fund Obligation Collateralized Loan Obligation Commodity Markets Commodity Price Indices Consumer Products Corporate Sustainability Index Credit Debt Debt Financing