LALT vs OALC

Comparison between FIRST TRUST MULTI-STRATEGY ALTERNATIVE ETF (LALT, ETF) and ONEASCENT LARGE CAP CORE ETF (OALC, ETF).

LALT vs OALC - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	LALT(ETF)	OALC(ETF)
Net Assets	$248M	$247M
Expense Ratio	1.18%	0.49%
Max Drawdown	7.22%	26.86%
Sharpe Ratio	1.79	1.30
5Y Beta	0.20	0.95
P/E Ratio	N/A	27.88
Forward P/E	N/A	20.38
5Y EPS CAGR	N/A	25.60%
Debt to Equity	N/A	8.76%
P/S Ratio	N/A	3.63
P/B Ratio	N/A	5.71

Net Assets

Winner

LALT

$248M

OALC

$247M

Expense Ratio

LALT

1.18%

Winner

OALC

0.49%

Max Drawdown

Winner

LALT

7.22%

OALC

26.86%

Sharpe Ratio

Winner

LALT

1.79

OALC

1.30

5Y Beta

Winner

LALT

0.20

OALC

0.95

P/E Ratio

LALT

N/A

OALC

27.88

Forward P/E

LALT

N/A

OALC

20.38

5Y EPS CAGR

LALT

N/A

OALC

25.60%

Debt to Equity

LALT

N/A

OALC

8.76%

P/S Ratio

LALT

N/A

OALC

3.63

P/B Ratio

LALT

N/A

OALC

5.71

LALT vs OALC - Holdings Comparison

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

LALT's top 25 holdings weight is 99.97%. OALC's top 25 holdings weight is 49.05%.

Rank	LALT	OALC
#1	FIRST TRUST LONG/SHORT EQUITY ETF (FTLS) - 21.65%	NVIDIA CORP (NVDA) - 7.65%
#2	FIRST TRUST MANAGED FUTURE STRATEGY ETF (FMF) - 21.47%	MICROSOFT CORP (MSFT) - 4.50%
#3	FIRST TRUST ALT ABS RET STRAT ETF (FAAR) - 21.10%	AMAZON.COM INC (AMZN) - 3.87%
#4	FIRST TRUST LOW DURATION OPPOS ETF (LMBS) - 10.45%	ALPHABET INC CLASS A (GOOGL) - 3.33%
#5	FRANKLIN SYSTEMATIC STYLE PREMIA ETF (FLSP) - 9.44%	ALPHABET INC CLASS C (GOOG) - 2.73%
#6	FIRST TRUST GLOBAL TACT CMDTY STRAT ETF (FTGC) - 8.48%	BROADCOM INC (AVGO) - 2.68%
#7	ISHARES 7-10 YEAR TREASURY BOND ETF (IEF) - 7.38%	MICRON TECHNOLOGY INC (MU) - 2.25%
#8	N/A	CISCO SYSTEMS INC (CSCO) - 2.10%
#9	N/A	JPMORGAN CHASE & CO (JPM) - 1.70%
#10	N/A	ELI LILLY AND CO (LLY) - 1.67%
#11	N/A	BERKSHIRE HATHAWAY INC CLASS B (BRK-B) - 1.51%
#12	N/A	ADVANCED MICRO DEVICES INC (AMD) - 1.51%
#13	N/A	VISA INC CLASS A (V) - 1.20%
#14	N/A	APPLIED MATERIALS INC (AMAT) - 1.18%
#15	N/A	CORNING INC (GLW) - 1.18%
#16	N/A	WALMART INC (WMT) - 1.17%
#17	N/A	LAM RESEARCH CORP (LRCX) - 1.16%
#18	N/A	EXXONMOBIL HOLDINGS CORP (XOM) - 1.13%
#19	N/A	CATERPILLAR INC (CAT) - 1.01%
#20	N/A	INTEL CORP (INTC) - 0.99%
#21	N/A	COCA-COLA CO (KO) - 0.92%
#22	N/A	THE HOME DEPOT INC (HD) - 0.92%
#23	N/A	MERCK & CO INC (MRK) - 0.90%
#24	N/A	MORGAN STANLEY (MS) - 0.90%
#25	N/A	MASTERCARD INC CLASS A (MA) - 0.89%
Total Holdings	7	209

LALT vs OALC - Historical Returns

Returns include dividend reinvestment.

Period	LALT	OALC
1 month	-0.05%	-1.51%
3 months	-1.00%	+6.81%
6 months	+5.54%	+11.89%
1 year	+16.63%	+22.55%
5 years(CAGR)	N/A	+10.91%
Max(CAGR)	+8.39%	+10.91%

Winner

LALT

-0.05%

OALC

-1.51%

LALT

-1.00%

Winner

OALC

+6.81%

LALT

+5.54%

Winner

OALC

+11.89%

LALT

+16.63%

Winner

OALC

+22.55%

5Y(CAGR)

LALT

N/A

OALC

+10.91%

Max(CAGR)

LALT

+8.39%

Winner

OALC

+10.91%

LALT vs OALC - Annual Returns (2021 - 2026)

Returns include dividend reinvestment.

Year	LALT	OALC
2026	+8.62%	+12.87%
2025	+10.43%	+20.25%
2024	+8.52%	+20.64%
2023	+0.88%	+22.32%
2022	N/A	-17.64%
2021	N/A	-0.54%

LALT vs OALC Drawdown Comparison

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

The maximum drawdown for OALC was -26.82%, occurring on Oct 14, 2022. Recovery took 540 trading sessions.

The current LALT drawdown is -2.55%. The current OALC drawdown is -2.56%.

Rank	LALT	OALC
#1	-6.97% Feb 13, 2025 - Jul 21, 2025	-26.82% Nov 16, 2021 - Jan 11, 2024
#2	-3.81% Sep 14, 2023 - Feb 7, 2024	-17.64% Jan 23, 2025 - Jun 9, 2025
#3	-3.72% May 13, 2026 - Jun 26, 2026	-8.76% Jul 16, 2024 - Sep 19, 2024
#4	-2.87% Mar 12, 2026 - Apr 10, 2026	-8.42% Feb 2, 2026 - Apr 13, 2026
#5	-2.72% Jan 29, 2026 - Feb 25, 2026	-5.93% Mar 27, 2024 - Jun 5, 2024
#6	-2.42% Apr 3, 2024 - Jul 3, 2024	-5.55% Oct 29, 2025 - Dec 10, 2025
#7	-1.95% Jul 16, 2024 - Sep 19, 2024	-4.94% Jun 2, 2026 - Jun 10, 2026
#8	-1.83% Apr 13, 2023 - Jul 18, 2023	-4.44% Dec 6, 2024 - Jan 21, 2025
#9	-1.65% Dec 11, 2024 - Jan 15, 2025	-2.97% Dec 11, 2025 - Dec 24, 2025
#10	-1.59% Nov 11, 2025 - Jan 5, 2026	-2.85% Oct 8, 2025 - Oct 24, 2025
#11	-1.43% Jul 26, 2023 - Aug 29, 2023	-2.82% Feb 9, 2024 - Mar 1, 2024
#12	-1.41% Mar 6, 2023 - Apr 4, 2023	-2.47% Jan 12, 2026 - Jan 27, 2026
#13	-1.29% Oct 8, 2025 - Oct 15, 2025	-2.45% Nov 11, 2024 - Nov 29, 2024
#14	-1.23% Oct 20, 2025 - Nov 10, 2025	-2.29% Oct 14, 2024 - Nov 6, 2024
#15	-1.14% Jul 29, 2025 - Aug 8, 2025	-2.25% May 14, 2026 - May 26, 2026