FLSP vs LALT
Franklin Systematic Style Premia ETF compared with First Trust Multi-Strategy Alternative ETF on yield, payout growth, payment schedule, cost and risk.
FLSP
Franklin Systematic Style Premia ETF
TTM yield · Annual
LALT
First Trust Multi-Strategy Alternative ETF
TTM yield · Semi-annual
Quick take
- FLSP yields more today: 2.46% vs 0.65% (forward).
- LALT has grown its payout faster: 370.7%/yr vs 151.9%/yr over the last 1 year.
- FLSP pays once a year; LALT pays twice a year.
- Over the last year LALT delivered the higher total return: +12.1% vs +11.9% (price change plus payouts).
- FLSP is cheaper to own: 0.65% vs 1.18% expense ratio.
- FLSP has the steadier distribution: consistency 24/100 vs 0/100.
Generated from the latest data on both pages. Not a recommendation.
Side by side
| Metric | FLSP | LALT |
|---|---|---|
| Share price | $28.95 | $24.88 |
| TTM yield | 2.46% | 2.65% |
| Forward yield | 2.46% | 0.65% |
| Annual payout per share | $0.713 | $0.162 |
| Payment frequency | Annual | Semi-annual |
| Next ex-date | Dec 18, 2026 (est.) | Mar 25, 2027 (est.) |
| Expense ratio | 0.65% | 1.18% |
| 1-year payout growth | +151.9% | +370.7% |
| 5-year payout CAGR | +24.4% | — |
| Consecutive years of increases | 2 years | 1 year |
| Payout consistency (last 12) | 24/100 | 0/100 |
| 1-year total return | +11.9% | +12.1% |
| 1-year price return | +9.2% | +9.2% |
| Size (market cap / AUM) | 1.1B | 389.5M |
| Years paying | 6.4 | 3.3 |
| Sector / category | Multistrategy | Multistrategy |
✓ marks the more favourable figure where one exists (higher yield, growth, streak, consistency, return and size; lower cost, payout ratio and risk).
$10,000 invested today
| FLSP | LALT | |
|---|---|---|
| Shares | 345.4 | 401.9 |
| Income per year | $246 | $65 |
| Income per month (avg) | $21 | $5 |
At forward yields, before taxes. Model FLSP · Model LALT
Next payments
| Ex-date | Pay date | Per share | Status |
|---|---|---|---|
| FLSP Dec 18, 2026 | Jan 1, 2027 | $0.713 | Est. |
| LALT Mar 25, 2027 | Apr 8, 2027 | $0.081 | Est. |
| LALT Sep 23, 2027 | Oct 7, 2027 | $0.081 | Est. |
Annual payouts per share
FLSPLALT
Regular payments only; the current year is year to date. Per-share amounts are not directly comparable when share prices differ, so read this chart for growth trends.
FAQ
Which has the higher dividend yield, FLSP or LALT?
LALT currently has the higher trailing yield: FLSP yields 2.46% and LALT yields 2.65%. Yield changes daily with price, so check the live figures above.
How often do FLSP and LALT pay?
FLSP pays once a year and LALT pays twice a year. FLSP's next ex-date is Dec 18, 2026 and LALT's is Mar 25, 2027.
Which has grown its dividend faster, FLSP or LALT?
LALT has grown its payout faster: 370.7%/yr vs 151.9%/yr over the last 1 year.
Is FLSP or LALT better for income?
It depends on what you are optimising for. FLSP and LALT differ in yield, growth, payment schedule and risk profile; the table above puts every metric side by side so you can weigh them for your own goals. This page is data, not advice.