LALT vs RSPE

Comparison between FIRST TRUST MULTI-STRATEGY ALTERNATIVE ETF (LALT, ETF) and Invesco ESG S&P 500 Equal Weight ETF (RSPE, ETF).

LALT vs RSPE - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	LALT(ETF)	RSPE(ETF)
Net Assets	$61M	$61M
Expense Ratio	1.18%	0.20%
Max Drawdown	7.22%	23.95%
Sharpe Ratio	2.24	1.58
5Y Beta	0.20	0.81
P/E Ratio	N/A	26.15
Forward P/E	N/A	17.79
5Y EPS CAGR	N/A	11.73%
Debt to Equity	N/A	66.83%
P/S Ratio	N/A	1.66
P/B Ratio	N/A	3.21

Net Assets

LALT

$61M

Winner

RSPE

$61M

Expense Ratio

LALT

1.18%

Winner

RSPE

0.20%

Max Drawdown

Winner

LALT

7.22%

RSPE

23.95%

Sharpe Ratio

Winner

LALT

2.24

RSPE

1.58

5Y Beta

Winner

LALT

0.20

RSPE

0.81

P/E Ratio

LALT

N/A

RSPE

26.15

Forward P/E

LALT

N/A

RSPE

17.79

5Y EPS CAGR

LALT

N/A

RSPE

11.73%

Debt to Equity

LALT

N/A

RSPE

66.83%

P/S Ratio

LALT

N/A

RSPE

1.66

P/B Ratio

LALT

N/A

RSPE

3.21

LALT vs RSPE - Holdings Comparison

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

LALT's top 25 holdings weight is 99.93%. RSPE's top 25 holdings weight is 18.47%.

Rank	LALT	RSPE
#1	FIRST TRUST MANAGED FUTURE STRATEGY ETF (FMF) - 21.57%	MICRON TECHNOLOGY INC (MU) - 1.04%
#2	FIRST TRUST ALT ABS RET STRAT ETF (FAAR) - 21.09%	INTEL CORP (INTC) - 0.98%
#3	FIRST TRUST LONG/SHORT EQUITY ETF (FTLS) - 20.96%	QUALCOMM INC (QCOM) - 0.96%
#4	FIRST TRUST LOW DURATION OPPOS ETF (LMBS) - 10.34%	ADVANCED MICRO DEVICES INC (AMD) - 0.93%
#5	FIRST TRUST GLOBAL TACT CMDTY STRAT ETF (FTGC) - 8.00%	FORTINET INC (FTNT) - 0.82%
#6	ISHARES 7-10 YEAR TREASURY BOND ETF (IEF) - 7.29%	AKAMAI TECHNOLOGIES INC (AKAM) - 0.79%
#7	FRANKLIN SYSTEMATIC STYLE PREMIA ETF (FLSP) - 6.88%	SEAGATE TECHNOLOGY HOLDINGS PLC (STX) - 0.79%
#8	ISHARES GOLD TRUST (IAU) - 3.80%	PALO ALTO NETWORKS INC (PANW) - 0.77%
#9	N/A	CENTENE CORP (CNC) - 0.77%
#10	N/A	ON SEMICONDUCTOR CORP (ON) - 0.77%
#11	N/A	HUMANA INC (HUM) - 0.73%
#12	N/A	WESTERN DIGITAL CORP (WDC) - 0.71%
#13	N/A	HEWLETT PACKARD ENTERPRISE CO (HPE) - 0.69%
#14	N/A	CISCO SYSTEMS INC (CSCO) - 0.69%
#15	N/A	DAVITA INC (DVA) - 0.68%
#16	N/A	LAM RESEARCH CORP (LRCX) - 0.65%
#17	N/A	GEN DIGITAL INC (GEN) - 0.65%
#18	N/A	NETAPP INC (NTAP) - 0.65%
#19	N/A	HEALTHPEAK PROPERTIES INC (DOC) - 0.64%
#20	N/A	QUANTA SERVICES INC (PWR) - 0.64%
#21	N/A	FORD MOTOR CO (F) - 0.63%
#22	N/A	UNITED RENTALS INC (URI) - 0.63%
#23	N/A	CORNING INC (GLW) - 0.62%
#24	N/A	CBOE GLOBAL MARKETS INC (CBOE) - 0.62%
#25	N/A	ELEVANCE HEALTH INC (ELV) - 0.62%
Total Holdings	8	188

LALT vs RSPE - Historical Returns

Returns include dividend reinvestment.

Period	LALT	RSPE
1 month	-1.02%	+4.58%
3 months	+1.06%	+7.24%
6 months	+9.09%	+12.75%
1 year	+20.61%	+25.91%
5 years(CAGR)	N/A	+8.26%
Max(CAGR)	+8.97%	+8.26%

LALT

-1.02%

Winner

RSPE

+4.58%

LALT

+1.06%

Winner

RSPE

+7.24%

LALT

+9.09%

Winner

RSPE

+12.75%

LALT

+20.61%

Winner

RSPE

+25.91%

5Y(CAGR)

LALT

N/A

RSPE

+8.26%

Max(CAGR)

Winner

LALT

+8.97%

RSPE

+8.26%

LALT vs RSPE - Annual Returns (2021 - 2026)

Returns include dividend reinvestment.

Year	LALT	RSPE
2026	+9.44%	+10.65%
2025	+10.43%	+14.91%
2024	+8.52%	+10.79%
2023	+0.88%	+13.77%
2022	N/A	-12.24%
2021	N/A	+1.37%

LALT vs RSPE Drawdown Comparison

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

The maximum drawdown for RSPE was -22.94%, occurring on Sep 30, 2022. Recovery took 528 trading sessions.

The current LALT drawdown is -1.81%. The current RSPE drawdown is -1.54%.

Rank	LALT	RSPE
#1	-6.97% Feb 13, 2025 - Jul 21, 2025	-22.94% Jan 4, 2022 - Feb 12, 2024
#2	-3.81% Sep 14, 2023 - Feb 7, 2024	-18.59% Nov 25, 2024 - Jul 3, 2025
#3	-2.87% Mar 12, 2026 - Apr 10, 2026	-8.95% Feb 27, 2026 - May 6, 2026
#4	-2.72% Jan 29, 2026 - Feb 25, 2026	-6.38% Mar 28, 2024 - Jul 12, 2024
#5	-2.42% Apr 3, 2024 - Jul 3, 2024	-5.73% Jul 16, 2024 - Aug 21, 2024
#6	-1.95% Jul 16, 2024 - Sep 19, 2024	-5.64% Nov 17, 2021 - Dec 27, 2021
#7	-1.83% Apr 13, 2023 - Jul 18, 2023	-4.79% Oct 27, 2025 - Nov 28, 2025
#8	-1.81% May 13, 2026 - Jun 5, 2026	-3.63% Oct 16, 2024 - Nov 11, 2024
#9	-1.65% Dec 11, 2024 - Jan 15, 2025	-3.60% Jul 25, 2025 - Aug 22, 2025
#10	-1.59% Nov 11, 2025 - Jan 5, 2026	-3.30% Oct 6, 2025 - Oct 21, 2025
#11	-1.43% Jul 26, 2023 - Aug 29, 2023	-2.96% Aug 30, 2024 - Sep 16, 2024
#12	-1.41% Mar 6, 2023 - Apr 4, 2023	-2.31% Nov 11, 2024 - Nov 22, 2024
#13	-1.29% Oct 8, 2025 - Oct 15, 2025	-2.06% Jan 15, 2026 - Feb 2, 2026
#14	-1.23% Oct 20, 2025 - Nov 10, 2025	-2.00% Jul 10, 2025 - Jul 22, 2025
#15	-1.14% Jul 29, 2025 - Aug 8, 2025	-1.75% Feb 12, 2024 - Feb 15, 2024