FIRST TRUST MULTI-STRATEGY ALTERNATIVE ETF
Symbol: LALT
Exchange: NYSE
Sector: Technology
Category: Multistrategy
Inception date: 31/01/2023
Latest date: 15/10/2026
Current price: $24.89
Expense ratio: 1.18%
Period performance
Adjusted cumulative ETF performance, normalized to the first available adjusted price in the selected period.
Performance metrics
Period total return
0.49%
Ann. -7.10% (Sharpe / Sortino numerator)
Volatility
13.53%
Sharpe ratio
-0.793
VaR 95%
-1.14%
The performance chart and period total return use a rolling window to the latest adjusted close. For 1M/3M/6M/... periods, default behavior is Yahoo-style rolling (first session on or after "latest date minus N calendar months" through the latest quote). If the calendar is already in a new month, the last quote is near month-end, and there is no current-month data yet, the window switches to N full calendar months ending in that quote month. Sharpe, Sortino, VaR and related metrics still come from the latest batch row. Sharpe/Sortino use annualized excess return versus the US risk-free rate, so a positive chart can still show a negative ratio if annualized return is below cash.
Period total return
3.57%
Ann. 32.92% (Sharpe / Sortino numerator)
Volatility
11.47%
Sharpe ratio
2.555
VaR 95%
-1.15%
The performance chart and period total return use a rolling window to the latest adjusted close. For 1M/3M/6M/... periods, default behavior is Yahoo-style rolling (first session on or after "latest date minus N calendar months" through the latest quote). If the calendar is already in a new month, the last quote is near month-end, and there is no current-month data yet, the window switches to N full calendar months ending in that quote month. Sharpe, Sortino, VaR and related metrics still come from the latest batch row. Sharpe/Sortino use annualized excess return versus the US risk-free rate, so a positive chart can still show a negative ratio if annualized return is below cash.
Period total return
1.86%
Ann. 20.12% (Sharpe / Sortino numerator)
Volatility
9.32%
Sharpe ratio
1.769
VaR 95%
-0.87%
The performance chart and period total return use a rolling window to the latest adjusted close. For 1M/3M/6M/... periods, default behavior is Yahoo-style rolling (first session on or after "latest date minus N calendar months" through the latest quote). If the calendar is already in a new month, the last quote is near month-end, and there is no current-month data yet, the window switches to N full calendar months ending in that quote month. Sharpe, Sortino, VaR and related metrics still come from the latest batch row. Sharpe/Sortino use annualized excess return versus the US risk-free rate, so a positive chart can still show a negative ratio if annualized return is below cash.
Period total return
13.04%
Ann. 17.51% (Sharpe / Sortino numerator)
Volatility
8.45%
Sharpe ratio
1.643
VaR 95%
-0.73%
The performance chart and period total return use a rolling window to the latest adjusted close. For 1M/3M/6M/... periods, default behavior is Yahoo-style rolling (first session on or after "latest date minus N calendar months" through the latest quote). If the calendar is already in a new month, the last quote is near month-end, and there is no current-month data yet, the window switches to N full calendar months ending in that quote month. Sharpe, Sortino, VaR and related metrics still come from the latest batch row. Sharpe/Sortino use annualized excess return versus the US risk-free rate, so a positive chart can still show a negative ratio if annualized return is below cash.
Period total return
25.78%
Ann. 10.77% (Sharpe / Sortino numerator)
Volatility
7.07%
Sharpe ratio
1.009
VaR 95%
-0.65%
The performance chart and period total return use a rolling window to the latest adjusted close. For 1M/3M/6M/... periods, default behavior is Yahoo-style rolling (first session on or after "latest date minus N calendar months" through the latest quote). If the calendar is already in a new month, the last quote is near month-end, and there is no current-month data yet, the window switches to N full calendar months ending in that quote month. Sharpe, Sortino, VaR and related metrics still come from the latest batch row. Sharpe/Sortino use annualized excess return versus the US risk-free rate, so a positive chart can still show a negative ratio if annualized return is below cash.
Period total return
35.48%
Ann. 9.44% (Sharpe / Sortino numerator)
Volatility
6.19%
Sharpe ratio
0.940
VaR 95%
-0.59%
The performance chart and period total return use a rolling window to the latest adjusted close. For 1M/3M/6M/... periods, default behavior is Yahoo-style rolling (first session on or after "latest date minus N calendar months" through the latest quote). If the calendar is already in a new month, the last quote is near month-end, and there is no current-month data yet, the window switches to N full calendar months ending in that quote month. Sharpe, Sortino, VaR and related metrics still come from the latest batch row. Sharpe/Sortino use annualized excess return versus the US risk-free rate, so a positive chart can still show a negative ratio if annualized return is below cash.
Daily returns for period 12M
Daily simple returns from the same adjusted closes used by the performance chart: 15/10/2025 - 15/10/2026.
Average daily return
0.05%
Best day
1.432%
Worst day
-1.778%
Days with data
251
Recent price history (last 90 days)
| Date | Open | High | Low | Close | Volume |
|---|---|---|---|---|---|
| 15/10/2026 | $24.96 | $24.96 | $24.80 | $24.89 | 121,600 |
| 14/10/2026 | $24.87 | $24.97 | $24.87 | $24.94 | 92,500 |
| 13/10/2026 | $24.92 | $25.05 | $24.88 | $25.05 | 72,000 |
| 12/10/2026 | $25.00 | $25.08 | $24.92 | $24.98 | 107,600 |
| 09/10/2026 | $24.97 | $24.97 | $24.88 | $24.94 | 210,700 |
| 08/10/2026 | $24.81 | $24.90 | $24.79 | $24.89 | 137,700 |
| 07/10/2026 | $24.93 | $24.93 | $24.78 | $24.87 | 285,500 |
| 06/10/2026 | $24.71 | $24.88 | $24.63 | $24.83 | 99,900 |
| 05/10/2026 | $24.74 | $24.82 | $24.66 | $24.72 | 197,100 |
| 02/10/2026 | $24.75 | $24.75 | $24.53 | $24.71 | 122,000 |