LALT vs HYDW
Comparison between FIRST TRUST MULTI-STRATEGY ALTERNATIVE ETF (LALT, ETF) and XTRACKERS LOW BETA HIGH YIELD BOND ETF (HYDW, ETF).
LALT vs HYDW - Performance Comparison
Key Characteristics
Financial metrics and valuation ratios
Net Assets
LALT
$66M
Winner
HYDW
$66M
Expense Ratio
LALT
1.18%
Winner
HYDW
0.20%
Max Drawdown
Winner
LALT
7.22%
HYDW
18.06%
Sharpe Ratio
Winner
LALT
2.02
HYDW
0.61
5Y Beta
LALT
0.20
Winner
HYDW
0.17
5Y Dividends CAGR
LALT
N/A
HYDW
4.46%
LALT vs HYDW - Historical Returns
Returns include dividend reinvestment.
1M
LALT
-1.89%
Winner
HYDW
+0.42%
3M
LALT
-0.52%
Winner
HYDW
+1.65%
6M
Winner
LALT
+9.79%
HYDW
+1.76%
1Y
Winner
LALT
+19.19%
HYDW
+5.56%
5Y(CAGR)
LALT
N/A
HYDW
+3.53%
10Y(CAGR)
LALT
N/A
HYDW
+4.07%
Max(CAGR)
Winner
LALT
+8.83%
HYDW
+4.07%
LALT vs HYDW - Annual Returns (2018 - 2026)
Returns include dividend reinvestment.
| Year | LALT | HYDW |
|---|---|---|
| 2026 | +9.14% | +1.21% |
| 2025 | +10.43% | +8.22% |
| 2024 | +8.52% | +6.25% |
| 2023 | +0.88% | +9.45% |
| 2022 | N/A | -7.79% |
| 2021 | N/A | +2.97% |
| 2020 | N/A | +5.33% |
| 2019 | N/A | +11.52% |
| 2018 | N/A | -1.08% |
LALT vs HYDW Drawdown Comparison
The maximum drawdown for LALT was -6.97%, occurring on Apr 8, 2025. Recovery took 107 trading sessions.
The maximum drawdown for HYDW was -17.75%, occurring on Mar 23, 2020. Recovery took 106 trading sessions.
The current LALT drawdown is -2.08%.
| Rank | LALT | HYDW |
|---|---|---|
| #1 | -6.97% Feb 13, 2025 - Jul 21, 2025 | -17.75% Feb 14, 2020 - Jul 17, 2020 |
| #2 | -3.81% Sep 14, 2023 - Feb 7, 2024 | -12.69% Dec 27, 2021 - Dec 13, 2023 |
| #3 | -2.87% Mar 12, 2026 - Apr 10, 2026 | -3.32% Oct 3, 2018 - Jan 9, 2019 |
| #4 | -2.72% Jan 29, 2026 - Feb 25, 2026 | -2.72% Apr 2, 2025 - Apr 24, 2025 |
| #5 | -2.65% May 13, 2026 - Jun 9, 2026 | -2.52% Aug 6, 2020 - Oct 12, 2020 |
| #6 | -2.42% Apr 3, 2024 - Jul 3, 2024 | -2.11% Feb 12, 2021 - Jun 1, 2021 |
| #7 | -1.95% Jul 16, 2024 - Sep 19, 2024 | -2.09% Feb 19, 2026 - Apr 14, 2026 |
| #8 | -1.83% Apr 13, 2023 - Jul 18, 2023 | -1.89% Mar 27, 2024 - May 3, 2024 |
| #9 | -1.65% Dec 11, 2024 - Jan 15, 2025 | -1.84% Sep 16, 2021 - Dec 23, 2021 |
| #10 | -1.59% Nov 11, 2025 - Jan 5, 2026 | -1.59% Dec 6, 2024 - Jan 27, 2025 |
| #11 | -1.43% Jul 26, 2023 - Aug 29, 2023 | -1.55% Jan 23, 2018 - Aug 1, 2018 |
| #12 | -1.41% Mar 6, 2023 - Apr 4, 2023 | -1.43% Oct 12, 2020 - Nov 4, 2020 |
| #13 | -1.29% Oct 8, 2025 - Oct 15, 2025 | -1.37% Dec 27, 2023 - Feb 1, 2024 |
| #14 | -1.23% Oct 20, 2025 - Nov 10, 2025 | -1.36% Sep 30, 2024 - Dec 4, 2024 |
| #15 | -1.14% Jul 29, 2025 - Aug 8, 2025 | -1.00% Feb 1, 2024 - Mar 19, 2024 |
Correlation
Correlation between LALT and HYDW is 0.91 which considered as a very strong positive correlation - the stocks move almost identically together.
0.91
-101
Dividend Comparison (2018 - 2026)
LALT vs HYDW dividend yield comparison.
| Year | LALT | HYDW |
|---|---|---|
| 2026 | 2.07% | 2.22% |
| 2025 | 2.03% | 5.75% |
| 2024 | 2.06% | 5.35% |
| 2023 | 2.44% | 5.69% |
| 2022 | 0.00% | 4.78% |
| 2021 | 0.00% | 3.30% |
| 2020 | 0.00% | 4.45% |
| 2019 | 0.00% | 4.56% |
| 2018 | 0.00% | 4.42% |
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