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LALT · ARCA · ETF

First Trust Multi-Strategy Alternative ETF (LALT) Price, Holdings & Fees

$696.28−0.65%−$4.56End-of-day price as of Oct 9, 2026

First Trust Multi-Strategy Alternative ETF (LALT) closed at $696.28 on Oct 9, 2026, down 0.65% from the previous close of $700.84.

Share price, past year

1Y +45.55%

52-week range $475.13 – $705.90. Daily closing prices.
Monthly closing prices
Last closing price of each month
DateClose
Oct 9, 2026$696.28
Sep 30, 2026$698.35
Aug 31, 2026$651.39
Jul 31, 2026$614.41
Jun 30, 2026$570.84
May 29, 2026$528.54
Apr 30, 2026$517.08
Mar 31, 2026$494.40
Feb 27, 2026$515.38
Jan 30, 2026$513.36
Dec 31, 2025$494.69
Nov 28, 2025$486.57
Oct 31, 2025$480.69

Key statistics

Expense ratio
1.18%
as of Aug 31, 2025
Net assets
$65.5M
as of May 31, 2026
Holdings
8
as of May 31, 2026
52-week range
$475.13 – $705.90

First Trust Multi-Strategy Alternative ETF's expense ratio is 1.18%: $118.00 a year on $10,000 invested.

Holdings

First Trust Multi-Strategy Alternative ETF held 8 investments worth $65.46M as of May 31, 2026. Its largest holding was First Trust Exchange-Traded Fund V, at 21.58% of the fund.

First Trust Multi-Strategy Alternative ETF largest holdings by share of net assets
#Holding% of fundValue
1First Trust Exchange-Traded Fund VFMF21.58%$14.13M
2FIRST TRUST EXCHANGE-TRADED FUND VIIFAAR21.20%$13.88M
3First Trust Exchange-Traded Fund IIIFTLS20.81%$13.62M
4First Trust Exchange-Traded Fund IVLMBS10.32%$6.76M
5FIRST TRUST EXCHANGE-TRADED FUND VIIFTGC7.97%$5.22M
6ISHARES TRUSTIEF7.30%$4.78M
7Franklin Templeton ETF TrustFLSP6.90%$4.51M
8ISHARES GOLD TRUSTIAU3.83%$2.50M

Top 8 of 8 holdings, as of May 31, 2026. Percentages are of the fund's net assets.

What the fund owns

First Trust Multi-Strategy Alternative ETF holdings by asset type
Asset type% of fund
Stocks99.91%
First Trust Multi-Strategy Alternative ETF holdings by country, largest 1
Country% of fund
United States99.91%

Shares of net assets from the fund's N-PORT report. Funds that borrow can add up to more than 100%, with borrowing (such as repurchase agreements) shown as a negative share.

Monthly total returns

Over the 3 months to May 31, 2026, First Trust Multi-Strategy Alternative ETF's total return was +3.81%, as reported to the SEC.

First Trust Multi-Strategy Alternative ETF monthly total returns
MonthTotal return
May 31, 2026−0.32%
Apr 30, 2026+1.98%
Mar 31, 2026+2.12%

The fund's own total returns as reported to the SEC (N-PORT), including reinvested distributions. Not the sample prices above.

Fund profile

Name
First Trust Multi-Strategy Alternative ETF
Ticker
LALT
Exchange
ARCA
Fund type
ETF
Trust
FIRST TRUST EXCHANGE-TRADED FUND VIII
SEC series ID
S000079512
SEC CIK
0001667919
Fractional shares
Yes

Recent SEC filings

Shareholder reports and prospectuses are filed by FIRST TRUST EXCHANGE-TRADED FUND VIII, the trust behind First Trust Multi-Strategy Alternative ETF, and cover all of its funds.

Frequently asked questions

What is LALT's price?

First Trust Multi-Strategy Alternative ETF (LALT) closed at $696.28 on Oct 9, 2026, down 0.65% from the previous close of $700.84.

What is LALT's expense ratio?

First Trust Multi-Strategy Alternative ETF's expense ratio is 1.18%: $118.00 a year on $10,000 invested.

What does LALT hold?

First Trust Multi-Strategy Alternative ETF held 8 investments worth $65.46M as of May 31, 2026. Its largest holding was First Trust Exchange-Traded Fund V, at 21.58% of the fund. Its five largest holdings were First Trust Exchange-Traded Fund V, FIRST TRUST EXCHANGE-TRADED FUND VII, First Trust Exchange-Traded Fund III, First Trust Exchange-Traded Fund IV, FIRST TRUST EXCHANGE-TRADED FUND VII.

How has LALT performed?

Over the 3 months to May 31, 2026, First Trust Multi-Strategy Alternative ETF's total return was +3.81%, as reported to the SEC.

Sources and methodology

Holdings, net assets and monthly returns come from the fund's N-PORT filing with the SEC, as of May 31, 2026 (filed Jul 22, 2026). The expense ratio is from the fund's prospectus or shareholder report, as of Aug 31, 2025. Prices are generated sample data for development. Data sources and disclosures