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LALT vs MSTW

Comparison between FIRST TRUST MULTI-STRATEGY ALTERNATIVE ETF (LALT, ETF) and ROUNDHILL MSTR WEEKLYPAY ETF (MSTW, ETF).

LALT vs MSTW - Performance Comparison

Key Characteristics

Financial metrics and valuation ratios

Net Assets
Winner
LALT
$66M
MSTW
$65M
Expense Ratio
LALT
1.18%
MSTW
N/A
Max Drawdown
Winner
LALT
7.22%
MSTW
90.56%
Sharpe Ratio
Winner
LALT
2.02
MSTW
-1.57
5Y Beta
Winner
LALT
0.20
MSTW
3.62

LALT vs MSTW - Holdings Comparison

LALT and MSTW have 0 common holdings. Overlap is 0.00%

LALT's top 25 holdings weight is 99.88%. MSTW's top 25 holdings weight is 27.35%.

RankLALTMSTW
#1
FIRST TRUST MANAGED FUTURE STRATEGY ETF (FMF) - 21.64%
STRATEGY INC CLASS A (MSTR) - 15.33%
#2
FIRST TRUST ALT ABS RET STRAT ETF (FAAR) - 21.18%
FIRST AMERICAN GOVERNMENT OBLIGS X (FGXXX) - 12.02%
#3
FIRST TRUST LONG/SHORT EQUITY ETF (FTLS) - 20.81%
N/A
#4
FIRST TRUST LOW DURATION OPPOS ETF (LMBS) - 10.50%
N/A
#5
FIRST TRUST GLOBAL TACT CMDTY STRAT ETF (FTGC) - 7.81%
N/A
#6
ISHARES 7-10 YEAR TREASURY BOND ETF (IEF) - 7.36%
N/A
#7
FRANKLIN SYSTEMATIC STYLE PREMIA ETF (FLSP) - 7.08%
N/A
#8
ISHARES GOLD TRUST (IAU) - 3.50%
N/A
#9N/AN/A
#10N/AN/A
#11N/AN/A
#12N/AN/A
#13N/AN/A
#14N/AN/A
#15N/AN/A
#16N/AN/A
#17N/AN/A
#18N/AN/A
#19N/AN/A
#20N/AN/A
#21N/AN/A
#22N/AN/A
#23N/AN/A
#24N/AN/A
#25N/AN/A
Total Holdings82

LALT vs MSTW - Historical Returns

Returns include dividend reinvestment.

1M
Winner
LALT
-1.89%
MSTW
-38.99%
3M
Winner
LALT
-0.52%
MSTW
-15.29%
6M
Winner
LALT
+9.79%
MSTW
-38.37%
1Y
Winner
LALT
+19.19%
MSTW
-78.87%
Max(CAGR)
Winner
LALT
+8.83%
MSTW
-82.75%

LALT vs MSTW - Annual Returns (2023 - 2026)

Returns include dividend reinvestment.

YearLALTMSTW
2026+9.14%-29.04%
2025+10.43%-71.35%
2024+8.52%N/A
2023+0.88%N/A

LALT vs MSTW Drawdown Comparison

The maximum drawdown for LALT was -6.97%, occurring on Apr 8, 2025. Recovery took 107 trading sessions.

The maximum drawdown for MSTW was -81.78%, occurring on Feb 5, 2026. This drawdown has not yet recovered.

The current LALT drawdown is -2.08%. The current MSTW drawdown is -78.87%.

RankLALTMSTW
#1-6.97%
Feb 13, 2025 - Jul 21, 2025
-81.78%
Jul 24, 2025 - Feb 5, 2026
#2-3.81%
Sep 14, 2023 - Feb 7, 2024
N/A
#3-2.87%
Mar 12, 2026 - Apr 10, 2026
N/A
#4-2.72%
Jan 29, 2026 - Feb 25, 2026
N/A
#5-2.65%
May 13, 2026 - Jun 9, 2026
N/A
#6-2.42%
Apr 3, 2024 - Jul 3, 2024
N/A
#7-1.95%
Jul 16, 2024 - Sep 19, 2024
N/A
#8-1.83%
Apr 13, 2023 - Jul 18, 2023
N/A
#9-1.65%
Dec 11, 2024 - Jan 15, 2025
N/A
#10-1.59%
Nov 11, 2025 - Jan 5, 2026
N/A
#11-1.43%
Jul 26, 2023 - Aug 29, 2023
N/A
#12-1.41%
Mar 6, 2023 - Apr 4, 2023
N/A
#13-1.29%
Oct 8, 2025 - Oct 15, 2025
N/A
#14-1.23%
Oct 20, 2025 - Nov 10, 2025
N/A
#15-1.14%
Jul 29, 2025 - Aug 8, 2025
N/A

Correlation

Correlation between LALT and MSTW is -0.84 which considered as a strong negative correlation - the stocks tend to move in opposite directions.

-0.84
-101

Dividend Comparison (2023 - 2026)

LALT vs MSTW dividend yield comparison.

YearLALTMSTW
20262.07%52.03%
20252.03%106.94%
20242.06%0.00%
20232.44%0.00%

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