LALT vs ROKT

Comparison between FIRST TRUST MULTI-STRATEGY ALTERNATIVE ETF (LALT, ETF) and STATE STREET(R) SPDR(R) S&P KENSHO FINAL FRONTIERS ETF (ROKT, ETF).

LALT vs ROKT - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	LALT(ETF)	ROKT(ETF)
Net Assets	$248M	$248M
Expense Ratio	1.18%	0.45%
Max Drawdown	7.22%	43.29%
Sharpe Ratio	1.69	1.66
5Y Beta	0.20	1.19
P/E Ratio	N/A	60.38
Forward P/E	N/A	23.25
PEG Ratio	N/A	1.02
5Y Dividends CAGR	N/A	-12.71%
5Y EPS CAGR	N/A	8.13%
Debt to Equity	N/A	63.22%
P/S Ratio	N/A	2.48
P/B Ratio	N/A	4.51

Net Assets

LALT

$248M

Winner

ROKT

$248M

Expense Ratio

LALT

1.18%

Winner

ROKT

0.45%

Max Drawdown

Winner

LALT

7.22%

ROKT

43.29%

Sharpe Ratio

Winner

LALT

1.69

ROKT

1.66

5Y Beta

Winner

LALT

0.20

ROKT

1.19

P/E Ratio

LALT

N/A

ROKT

60.38

Forward P/E

LALT

N/A

ROKT

23.25

PEG Ratio

LALT

N/A

ROKT

1.02

5Y Dividends CAGR

LALT

N/A

ROKT

-12.71%

5Y EPS CAGR

LALT

N/A

ROKT

8.13%

Debt to Equity

LALT

N/A

ROKT

63.22%

P/S Ratio

LALT

N/A

ROKT

2.48

P/B Ratio

LALT

N/A

ROKT

4.51

LALT vs ROKT - Holdings Comparison

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

LALT's top 25 holdings weight is 99.97%. ROKT's top 25 holdings weight is 75.36%.

Rank	LALT	ROKT
#1	FIRST TRUST LONG/SHORT EQUITY ETF (FTLS) - 21.65%	DUCOMMUN INC (DCO) - 3.75%
#2	FIRST TRUST MANAGED FUTURE STRATEGY ETF (FMF) - 21.47%	HEXCEL CORP (HXL) - 3.70%
#3	FIRST TRUST ALT ABS RET STRAT ETF (FAAR) - 21.10%	RTX CORP (RTX) - 3.64%
#4	FIRST TRUST LOW DURATION OPPOS ETF (LMBS) - 10.45%	HEICO CORP (HEI) - 3.62%
#5	FRANKLIN SYSTEMATIC STYLE PREMIA ETF (FLSP) - 9.44%	OCEANEERING INTERNATIONAL INC (OII) - 3.58%
#6	FIRST TRUST GLOBAL TACT CMDTY STRAT ETF (FTGC) - 8.48%	ESCO TECHNOLOGIES INC (ESE) - 3.56%
#7	ISHARES 7-10 YEAR TREASURY BOND ETF (IEF) - 7.38%	IRIDIUM COMMUNICATIONS INC (IRDM) - 3.52%
#8	N/A	BOEING CO (BA) - 3.45%
#9	N/A	MOOG INC CLASS A (MOG-A) - 3.43%
#10	N/A	TELEDYNE TECHNOLOGIES INC (TDY) - 3.43%
#11	N/A	LOCKHEED MARTIN CORP (LMT) - 3.24%
#12	N/A	NORTHROP GRUMMAN CORP (NOC) - 3.19%
#13	N/A	L3HARRIS TECHNOLOGIES INC (LHX) - 3.13%
#14	N/A	SPIRE GLOBAL INC ORDINARY SHARES CLASS A (SPIR) - 2.75%
#15	N/A	FORUM ENERGY TECHNOLOGIES INC (FET) - 2.74%
#16	N/A	PLANET LABS PBC CLASS A (PL) - 2.67%
#17	N/A	VIASAT INC (VSAT) - 2.66%
#18	N/A	GENERAL DYNAMICS CORP (GD) - 2.49%
#19	N/A	STANDEX INTERNATIONAL CORP (SXI) - 2.45%
#20	N/A	KBR INC (KBR) - 2.44%
#21	N/A	AMPHENOL CORP CLASS A (APH) - 2.44%
#22	N/A	TECHNIPFMC PLC (FTI) - 2.40%
#23	N/A	ROCKET LAB CORP (RKLB) - 2.39%
#24	N/A	TRANSDIGM GROUP INC (TDG) - 2.36%
#25	N/A	PARSONS CORP (PSN) - 2.33%
Total Holdings	7	38

LALT vs ROKT - Historical Returns

Returns include dividend reinvestment.

Period	LALT	ROKT
1 month	+0.81%	-1.90%
3 months	-1.53%	-0.87%
6 months	+4.89%	+9.06%
1 year	+16.12%	+62.53%
5 years(CAGR)	N/A	+22.78%
Max(CAGR)	+8.39%	+19.48%

Winner

LALT

+0.81%

ROKT

-1.90%

LALT

-1.53%

Winner

ROKT

-0.87%

LALT

+4.89%

Winner

ROKT

+9.06%

LALT

+16.12%

Winner

ROKT

+62.53%

5Y(CAGR)

LALT

N/A

ROKT

+22.78%

Max(CAGR)

LALT

+8.39%

Winner

ROKT

+19.48%

LALT vs ROKT - Annual Returns (2018 - 2026)

Returns include dividend reinvestment.

Year	LALT	ROKT
2026	+8.66%	+26.38%
2025	+10.43%	+49.87%
2024	+8.52%	+29.56%
2023	+0.88%	+14.50%
2022	N/A	-1.24%
2021	N/A	+7.93%
2020	N/A	+6.47%
2019	N/A	+40.67%
2018	N/A	-13.19%

LALT vs ROKT Drawdown Comparison

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

The maximum drawdown for ROKT was -43.16%, occurring on Mar 23, 2020. Recovery took 209 trading sessions.

The current LALT drawdown is -2.51%. The current ROKT drawdown is -18.18%.

Rank	LALT	ROKT
#1	-6.97% Feb 13, 2025 - Jul 21, 2025	-43.16% Feb 11, 2020 - Dec 8, 2020
#2	-3.81% Sep 14, 2023 - Feb 7, 2024	-23.47% Jan 21, 2025 - Jun 23, 2025
#3	-3.72% May 13, 2026 - Jun 26, 2026	-23.29% Jun 25, 2021 - Jun 16, 2023
#4	-2.87% Mar 12, 2026 - Apr 10, 2026	-21.65% May 28, 2026 - Jul 20, 2026
#5	-2.72% Jan 29, 2026 - Feb 25, 2026	-17.95% Oct 23, 2018 - Feb 6, 2019
#6	-2.42% Apr 3, 2024 - Jul 3, 2024	-14.43% Jul 20, 2023 - Dec 22, 2023
#7	-1.95% Jul 16, 2024 - Sep 19, 2024	-11.40% Mar 2, 2026 - Apr 8, 2026
#8	-1.83% Apr 13, 2023 - Jul 18, 2023	-10.28% Oct 8, 2025 - Dec 10, 2025
#9	-1.65% Dec 11, 2024 - Jan 15, 2025	-8.76% Jan 27, 2026 - Feb 19, 2026
#10	-1.59% Nov 11, 2025 - Jan 5, 2026	-8.47% Nov 29, 2024 - Jan 21, 2025
#11	-1.43% Jul 26, 2023 - Aug 29, 2023	-7.55% Jul 31, 2024 - Aug 19, 2024
#12	-1.41% Mar 6, 2023 - Apr 4, 2023	-6.97% Dec 27, 2023 - May 9, 2024
#13	-1.29% Oct 8, 2025 - Oct 15, 2025	-6.85% Dec 11, 2025 - Dec 22, 2025
#14	-1.23% Oct 20, 2025 - Nov 10, 2025	-6.81% Apr 17, 2026 - May 11, 2026
#15	-1.14% Jul 29, 2025 - Aug 8, 2025	-6.25% Feb 9, 2021 - Mar 12, 2021