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First Trust Multi-Strategy Alternative ETF (LALT) ETF Overview

Price history, fund statistics and profile — an exchange-traded fund.

Exchange-Traded Funds · Multistrategy · DATA UPDATED 2026-08-31

First Trust Multi-Strategy Alternative ETF (LALT) is an exchange-traded fund managed by First Trust in the "Multistrategy" category. It manages roughly $295 million in assets.

The fund is an actively managed exchange-traded fund (“ETF”) that seeks to achieve its investment objective by allocating its assets amongst a variety of alternative asset categories and strategies in an effort to provide lower correlation and diversifying risk exposures compared to traditional equity and fixed income benchmarks (e.g., the S&P 500® Index or Bloomberg Aggregate Bond Index) over various market cycles.

Interactive chart & fund stats →

LALT Fund Statistics

Expense ratio1.18%
Trailing yield3.74%
Assets under management$295 million
Fund categoryMultistrategy
Fund familyFirst Trust
Inception2023-01-31

The live price chart, fund profile and news are in the interactive LALT viewer.

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