First Trust Multi-Strategy Alternative ETF (LALT) Alternatives
First Trust Multi-Strategy Alternative ETF (LALT) belongs to the Global Allocation category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with LALT. Use the tables to find lower-cost options, better risk-adjusted returns, or funds that fit a different role in your portfolio.
Cheapest Alternatives to LALT
LALT charges 1.94% annually. Among ETFs in the Global Allocation category, these options have the lowest expense ratios among LALT alternatives.
| Symbol | Name | Expense Ratio | Inception | |
|---|---|---|---|---|
| WisdomTree International Efficient Core Fund | 0.26% | May 18, 2021 | LALT vs NTSI | |
| Cambria Endowment Style ETF | 0.29% | Apr 9, 2025 | LALT vs ENDW | |
| JPMorgan Flexible Income ETF | 0.35% | Feb 12, 2025 | LALT vs JFLI | |
| Return Stacked Global Stocks & Bonds ETF | 0.41% | Dec 4, 2023 | LALT vs RSSB | |
| AXS Astoria Inflation Sensitive ETF | 0.76% | Dec 30, 2021 | LALT vs PPI |
Best Risk-Adjusted Alternatives to LALT
Among ETFs in the Global Allocation category, these options rank highest on PortfoliosLab's risk-adjusted score, which accounts for volatility, drawdown, and return consistency over a 1-year period.
| Symbol | Name | Risk / Return Rank | Inception | |
|---|---|---|---|---|
| Keating Active ETF | 96 | Mar 27, 2024 | LALT vs KEAT | |
| AXS Astoria Inflation Sensitive ETF | 94 | Dec 30, 2021 | LALT vs PPI | |
| Blueprint Chesapeake Multi-Asset Trend ETF | 86 | Jul 11, 2023 | LALT vs TFPN | |
| Harbor Multi-Asset Explorer ETF | 77 | Sep 13, 2023 | LALT vs MAPP | |
| WisdomTree International Efficient Core Fund | 68 | May 18, 2021 | LALT vs NTSI |
Top Performing LALT Alternatives (YTD)
LALT alternatives from the Global Allocation category, sorted by year-to-date return.
| Symbol | Name | YTD Return | Inception | |
|---|---|---|---|---|
| Keating Active ETF | 12.12% | Mar 27, 2024 | LALT vs KEAT | |
| AXS Astoria Inflation Sensitive ETF | 11.99% | Dec 30, 2021 | LALT vs PPI | |
| Blueprint Chesapeake Multi-Asset Trend ETF | 8.26% | Jul 11, 2023 | LALT vs TFPN | |
| Hedgeye Capital Allocation ETF | 4.41% | Jun 30, 2025 | LALT vs HECA | |
| Cambria Endowment Style ETF | 3.42% | Apr 9, 2025 | LALT vs ENDW |
Lowest Volatility Alternatives to LALT
LALT alternatives from the Global Allocation category, sorted by annualized volatility over the past year.
| Symbol | Name | Volatility 1Y | Inception | |
|---|---|---|---|---|
| SGI Dynamic Tactical ETF | 9.88% | Mar 29, 2023 | LALT vs DYTA | |
| Cambria Endowment Style ETF | 11.36% | Apr 9, 2025 | LALT vs ENDW | |
| Keating Active ETF | 12.05% | Mar 27, 2024 | LALT vs KEAT | |
| Harbor Multi-Asset Explorer ETF | 12.26% | Sep 13, 2023 | LALT vs MAPP | |
| JPMorgan Flexible Income ETF | 12.46% | Feb 12, 2025 | LALT vs JFLI |
Lowest Drawdown Alternatives to LALT
LALT alternatives from the Global Allocation category, sorted by maximum drawdown over the past year.
| Symbol | Name | Max Drawdown 1Y | Inception | |
|---|---|---|---|---|
| Keating Active ETF | -7.38% | Mar 27, 2024 | LALT vs KEAT | |
| Blueprint Chesapeake Multi-Asset Trend ETF | -7.47% | Jul 11, 2023 | LALT vs TFPN | |
| SGI Dynamic Tactical ETF | -9.33% | Mar 29, 2023 | LALT vs DYTA | |
| JPMorgan Flexible Income ETF | -9.56% | Feb 12, 2025 | LALT vs JFLI | |
| Harbor Multi-Asset Explorer ETF | -9.70% | Sep 13, 2023 | LALT vs MAPP |
Other ETFs from First Trust
Most popular First Trust ETFs on PortfoliosLab, across asset classes.
Often Compared With LALT
What investors most often compare with LALT, based on PortfoliosLab usage data.
Compare LALT with Any Fund or Stock
Compare LALT with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.