Performance analysis of LALT (FIRST TRUST MULTI-STRATEGY ALTERNATIVE ETF)
Annual Return
Over the past 3 years, LALT has had an average annual return of +10.50%, underperforming the benchmark SPY, which returned +22.45% annual.
Since Feb 1, 2023, LALT has had an average annual return of +9.31%, underperforming the benchmark SPY, which returned +21.50% annual.
| 2026 | 2025 | 2024 | 2023 | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| +10.71% | +10.80% | +8.77% | +0.88% |
Monthly Return
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Annually Total |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | +4.21% | +2.28% | +2.17% | +1.94% | -0.07% | -0.21% | +10.71% | ||||||
| 2025 | +2.14% | -0.95% | +0.18% | -1.74% | +0.17% | +1.99% | +1.53% | +2.34% | +3.34% | +0.36% | +1.24% | -0.17% | +10.80% |
| 2024 | +1.29% | +1.79% | +2.03% | -1.09% | -0.12% | +1.41% | +0.71% | -0.10% | +0.90% | -0.19% | +1.96% | -0.07% | +8.77% |
| 2023 | -0.68% | +0.38% | -0.05% | -0.25% | +0.21% | +1.69% | +0.27% | -0.69% | -1.01% | +1.10% | -0.06% | +0.88% |
Drawdown analysis of LALT (FIRST TRUST MULTI-STRATEGY ALTERNATIVE ETF)
The maximum drawdown for the LALT was -6.97%, occurring on Apr 8, 2025. Recovery took 70 trading sessions.
The current LALT drawdown is -0.80%.
| Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -6.97% | Feb 13, 2025 | 37 | Apr 8, 2025 | 70 | Jul 21, 2025 | 107 |
| -3.81% | Sep 14, 2023 | 15 | Oct 5, 2023 | 85 | Feb 7, 2024 | 100 |
| -2.87% | Mar 12, 2026 | 7 | Mar 23, 2026 | 13 | Apr 10, 2026 | 20 |
| -2.72% | Jan 29, 2026 | 5 | Feb 5, 2026 | 13 | Feb 25, 2026 | 18 |
| -2.42% | Apr 3, 2024 | 22 | May 3, 2024 | 41 | Jul 3, 2024 | 63 |
| -1.95% | Jul 16, 2024 | 15 | Aug 6, 2024 | 31 | Sep 19, 2024 | 46 |
| -1.83% | Apr 13, 2023 | 49 | Jun 23, 2023 | 16 | Jul 18, 2023 | 65 |
| -1.65% | Dec 11, 2024 | 12 | Dec 30, 2024 | 10 | Jan 15, 2025 | 22 |
| -1.59% | Nov 11, 2025 | 8 | Nov 21, 2025 | 28 | Jan 5, 2026 | 36 |
| -1.43% | Jul 26, 2023 | 16 | Aug 17, 2023 | 8 | Aug 29, 2023 | 24 |
| -1.41% | Mar 6, 2023 | 9 | Mar 17, 2023 | 12 | Apr 4, 2023 | 21 |
| -1.28% | Oct 8, 2025 | 2 | Oct 10, 2025 | 3 | Oct 15, 2025 | 5 |
| -1.23% | Oct 20, 2025 | 11 | Nov 4, 2025 | 4 | Nov 10, 2025 | 15 |
| -1.13% | Jul 29, 2025 | 3 | Aug 1, 2025 | 5 | Aug 8, 2025 | 8 |
| -1.08% | Oct 18, 2024 | 10 | Nov 1, 2024 | 4 | Nov 7, 2024 | 14 |
| -1.04% | May 13, 2026 | 9 | May 27, 2026 | Ongoing | Ongoing | Ongoing |
| -0.89% | Jan 22, 2025 | 3 | Jan 27, 2025 | 4 | Jan 31, 2025 | 7 |
| -0.86% | Feb 1, 2023 | 3 | Feb 6, 2023 | 19 | Mar 6, 2023 | 22 |
| -0.81% | Sep 30, 2024 | 6 | Oct 8, 2024 | 4 | Oct 14, 2024 | 10 |
| -0.80% | Mar 2, 2026 | 1 | Mar 3, 2026 | 1 | Mar 4, 2026 | 2 |
| -0.73% | Mar 6, 2026 | 1 | Mar 9, 2026 | 2 | Mar 11, 2026 | 3 |
| -0.70% | Nov 7, 2024 | 3 | Nov 12, 2024 | 7 | Nov 21, 2024 | 10 |
| -0.68% | Sep 3, 2025 | 2 | Sep 5, 2025 | 5 | Sep 12, 2025 | 7 |
| -0.57% | Sep 15, 2025 | 2 | Sep 17, 2025 | 3 | Sep 22, 2025 | 5 |
| -0.55% | Sep 30, 2025 | 2 | Oct 2, 2025 | 2 | Oct 6, 2025 | 4 |