First Trust Multi-Strategy Alternative ETF (LALT) is a First Trust ETF with a 1.18% expense ratio, 8 holdings and $435MM in net assets. Largest sector: Technology (42%).
Fee
1.18%
expense ratio
Net assets
$435MM
Launched
Jan 31, 2023
Holdings
8
as of Oct 23, 2026
Top 10 weight
100.0%
over 100%: swaps and futures
Largest sector
Technology
41.8%
Yield
30-day SEC 5.29% · TTM 3.98%
as of Sep 30, 2026
Benchmark
—
LALT's holdings are as of Oct 23, 2026.
Technology
41.8%
Energy
37.5%
Healthcare
5.1%
Financial Services
3.9%
Communication Services
3.5%
Consumer Cyclical
2.3%
Industrials
2.2%
Consumer Defensive
1.8%
Real Estate
1.2%
Basic Materials
1.2%
LALT holds other funds. Sector breakdown looks through to what those hold — 17 funds, covering 92% of LALT's weight. The remaining 8% is counted as the funds themselves (MGOV, VBK, IEF).
1
FAAR
First Trust Alternative Absolute Return Strategy ETF
21.71%
2
FTLS
First Trust Long/Short Equity ETF
21.29%
3
FMF
First Trust Managed Futures Strategy Fund
21.21%
4
LMBS
First Trust Low Duration Opportunities ETF
10.51%
5
FLSP
Franklin Systematic Style Premia ETF
9.52%
6
FTGC
First Trust Global Tactical Commodity Strategy Fund
8.01%
7
IEF
iShares 7-10 Year Treasury Bond ETF
7.62%
8
$USD
US Dollar
0.14%
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