LALT – Invesco Multi-Strategy Alternative ETF

Invesco Multi-Strategy Alternative ETF (LALT) is a Multistrategy ETF, issued by First Trust, $97.8M in assets, 1.94% expense ratio.

Returns as of Oct 23, 2026: 1 week -0.0%, 1 year +20.6%.

Actively managed, allocating across alternative asset categories for lower correlation and diversification compared to traditional benchmarks.

Top holdings

• FTLS – First Trust Long/Short Equity ETF, 21.6%
• FMF – First Trust Managed Futures Strategy Fund, 21.5%
• FAAR – First Trust Alternative Absolute Return Strategy ETF, 21.2%
• LMBS – First Trust Low Duration Opportunities ETF, 10.4%
• FLSP – Franklin Liberty Systematic Style Premia ETF, 9.4%
• FTGC – First Trust Global Tactical Commodity Strategy Fund, 8.4%
• IEF – iShares 7-10 Year Treasury Bond ETF, 7.4%

Important ETFs