FIRST TRUST MULTI-STRATEGY ALTERNATIVE ETF
Symbol: LALT
Exchange: NYSE
Sector: Technology
Category: Multistrategy
Inception date: 31/01/2023
Latest date: 20/07/2026
Current price: $24.12
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
-0.39%
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
-1.30%
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
5.97%
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
16.22%
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
23.46%
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
30.31%
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: 21/07/2025 - 20/07/2026.
Average daily return
0.061%
Best day
1.433%
Worst day
-1.778%
Days with data
250
Recent price history (last 90 days)
| Date | Open | High | Low | Close | Volume |
|---|---|---|---|---|---|
| 20/07/2026 | $24.09 | $24.12 | $24.06 | $24.12 | 60,200 |
| 17/07/2026 | $24.01 | $24.14 | $24.01 | $24.09 | 49,600 |
| 16/07/2026 | $24.10 | $24.11 | $24.00 | $24.11 | 36,800 |
| 15/07/2026 | $24.08 | $24.14 | $24.04 | $24.11 | 94,200 |
| 14/07/2026 | $24.26 | $24.26 | $24.12 | $24.16 | 111,600 |
| 13/07/2026 | $24.07 | $24.31 | $23.98 | $24.14 | 79,600 |
| 10/07/2026 | $24.25 | $24.25 | $23.97 | $24.03 | 73,200 |
| 09/07/2026 | $24.16 | $24.17 | $24.02 | $24.11 | 70,000 |
| 08/07/2026 | $23.87 | $24.09 | $23.82 | $24.05 | 87,800 |
| 07/07/2026 | $24.01 | $24.11 | $23.83 | $24.00 | 215,500 |