DYTA vs. LALT

Last updated Jun 25, 2026

DYTA (SGI Dynamic Tactical ETF) and LALT (First Trust Multi-Strategy Alternative ETF) are both Global Allocation funds. Both are actively managed. Over the past 3 years, DYTA returned 11.39%/yr vs 9.85%/yr for LALT. At a 0.38 correlation, their price movements are largely independent. DYTA charges 1.04%/yr vs 1.94%/yr for LALT.

Performance

DYTA vs. LALT - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in SGI Dynamic Tactical ETF (DYTA) and First Trust Multi-Strategy Alternative ETF (LALT). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, DYTA achieves a 7.23% return, which is significantly lower than LALT's 7.83% return.

DYTA

• 1D: -0.26%
• 1M: 0.99%
• YTD: 7.23%
• 6M: 6.66%
• 1Y: 14.02%
• 3Y*: 11.39%
• 5Y*: —
• 10Y*: —

LALT

• 1D: -0.08%
• 1M: -2.90%
• YTD: 7.83%
• 6M: 7.48%
• 1Y: 18.33%
• 3Y*: 9.85%
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

DYTA vs. LALT - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
DYTA SGI Dynamic Tactical ETF	7.23%	6.95%	13.59%	8.81%
LALT First Trust Multi-Strategy Alternative ETF	7.83%	10.79%	8.77%	1.64%

Correlation

The correlation between DYTA and LALT is 0.31, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.31
Correlation (3Y) Calculated over the trailing 3-year period	0.38
Correlation (All Time) Calculated using the full available price history since Mar 30, 2023	0.38

Return for Risk

DYTA vs. LALT — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

DYTA

DYTA Risk / Return Rank: 45
DYTA Sharpe Ratio Rank: 44
DYTA Sortino Ratio Rank: 42
DYTA Omega Ratio Rank: 54
DYTA Calmar Ratio Rank: 33
DYTA Martin Ratio Rank: 51

LALT

LALT Risk / Return Rank: 90
LALT Sharpe Ratio Rank: 89
LALT Sortino Ratio Rank: 89
LALT Omega Ratio Rank: 89
LALT Calmar Ratio Rank: 92
LALT Martin Ratio Rank: 92

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

DYTA vs. LALT - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for SGI Dynamic Tactical ETF (DYTA) and First Trust Multi-Strategy Alternative ETF (LALT). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	DYTA	LALT	Difference
Sharpe ratio: Return per unit of total volatility	1.36	2.61	-1.24
Sortino ratio: Return per unit of downside risk	1.93	3.60	-1.66
Omega ratio: Gain probability vs. loss probability	1.30	1.50	-0.20
Calmar ratio: Return relative to maximum drawdown	1.51	5.46	-3.95
Martin ratio: Return relative to average drawdown	7.66	20.16	-12.50

DYTA vs. LALT - Sharpe Ratio Comparison

The current DYTA Sharpe Ratio is 1.36, which is lower than the LALT Sharpe Ratio of 2.61. The chart below compares the historical Sharpe Ratios of DYTA and LALT, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

DYTA vs. LALT - Drawdown Comparison

The maximum DYTA drawdown since its inception was -9.41%, which is greater than LALT's maximum drawdown of -6.97%. Use the drawdown chart below to compare losses from any high point for DYTA and LALT.

Drawdown Indicators

	DYTA	LALT	Difference
Max Drawdown Largest peak-to-trough decline	-9.41%	-6.97%	-2.44%
Max Drawdown (1Y) Largest decline over 1 year	-9.33%	-3.37%	-5.96%
Max Drawdown (3Y) Largest decline over 3 years	-9.41%	-6.97%	-2.44%
Current Drawdown Current decline from peak	-1.60%	-3.37%	+1.77%
Average Drawdown Average peak-to-trough decline	-2.19%	-1.00%	-1.19%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.83%	0.91%	+0.92%

Volatility

DYTA vs. LALT - Volatility Comparison

SGI Dynamic Tactical ETF (DYTA) has a higher volatility of 3.97% compared to First Trust Multi-Strategy Alternative ETF (LALT) at 2.06%. This indicates that DYTA's price experiences larger fluctuations and is considered to be riskier than LALT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	DYTA	LALT	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.97%	2.06%	+1.91%
Volatility (6M) Calculated over the trailing 6-month period	10.02%	5.67%	+4.35%
Volatility (1Y) Calculated over the trailing 1-year period	10.34%	7.07%	+3.27%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	10.93%	5.83%	+5.10%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	10.93%	5.83%	+5.10%

DYTA vs. LALT - Expense Ratio Comparison

DYTA has a 1.04% expense ratio, which is lower than LALT's 1.94% expense ratio.

Dividends

DYTA vs. LALT - Dividend Comparison

DYTA's dividend yield for the trailing twelve months is around 1.53%, less than LALT's 3.78% yield.

Position	TTM	2025	2024	2023
DYTA SGI Dynamic Tactical ETF	1.53%	1.64%	10.80%	0.89%
LALT First Trust Multi-Strategy Alternative ETF	3.78%	2.03%	2.06%	2.44%

Frequently Asked Questions

Can I hold both DYTA and LALT in my portfolio?

DYTA and LALT have a correlation of 0.31, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, DYTA or LALT?

DYTA has higher volatility (3.97%) compared to LALT (2.06%). In terms of maximum drawdown, DYTA dropped -9.41% vs LALT's -6.97%.

Which ETF is better, DYTA or LALT?

On 3-year performance, DYTA leads with 11.39% vs 9.85% for LALT. On fees, DYTA is cheaper at 1.04% per year. On volatility, LALT has been the lower-risk option at 2.06%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, DYTA or LALT?

Over the 3-year period, DYTA has performed better with a 11.39% return vs 9.85%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, DYTA or LALT?

DYTA is cheaper with a 1.04% expense ratio, compared with 1.94% for LALT.

Which ETF pays a higher dividend yield, DYTA or LALT?

LALT has the higher dividend yield at 3.78%, compared with 1.53% for DYTA.

What is the main difference between DYTA and LALT?

They also come from different issuers: Summit Global Investments and First Trust. Their fees differ too: 1.04% for DYTA and 1.94% for LALT.

Which has better risk-adjusted returns?

LALT currently has the higher Sharpe Ratio (2.61 vs 1.36), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.