LALT vs QAI
First Trust Multi-Strategy Alternative ETF compared with NYLI Hedge Multi-Strategy Tracker ETF on yield, payout growth, payment schedule, cost and risk.
LALT
First Trust Multi-Strategy Alternative ETF
TTM yield · Irregular
QAI
NYLI Hedge Multi-Strategy Tracker ETF
TTM yield · Annual
Quick take
- LALT yields more today: 3.68% vs 1.38% (forward).
- LALT has grown its payout faster: 81.5%/yr vs -27.9%/yr over the last 1 year.
- Over the last year LALT delivered the higher total return: +15.3% vs +12.2% (price change plus payouts).
- QAI is cheaper to own: 0.88% vs 1.18% expense ratio.
- QAI has the steadier distribution: consistency 44/100 vs 24/100.
Generated from the latest data on both pages. Not a recommendation.
Side by side
| Metric | LALT | QAI |
|---|---|---|
| Share price | $24.53 | $36.55 |
| TTM yield | 3.68% | 1.38% |
| Forward yield | — | 1.38% |
| Annual payout per share | $0.902 | $0.504 |
| Payment frequency | Irregular | Annual |
| Next ex-date | — | Dec 30, 2026 (est.) |
| Expense ratio | 1.18% | 0.88% |
| 1-year payout growth | +81.5% | -27.9% |
| 5-year payout CAGR | — | -4.5% |
| Consecutive years of increases | 0 years | 0 years |
| Payout consistency (last 12) | 24/100 | 44/100 |
| 1-year total return | +15.3% | +12.2% |
| 1-year price return | +11.2% | +10.7% |
| Size (market cap / AUM) | 343.5M | 1.0B |
| Years paying | 3.2 | 16.7 |
| 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
| LALT | QAI | |
|---|---|---|
| Shares | 407.7 | 273.6 |
| Income per year | $368 | $138 |
| Income per month (avg) | $31 | $11 |
At forward yields, before taxes. Model LALT · Model QAI
Next payments
| Ex-date | Pay date | Per share | Status |
|---|---|---|---|
| LALT: no schedule to project | |||
| QAI Dec 30, 2026 | Jan 13, 2027 | $0.504 | Est. |
Annual payouts per share
LALTQAI
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, LALT or QAI?
LALT currently has the higher trailing yield: LALT yields 3.68% and QAI yields 1.38%. Yield changes daily with price, so check the live figures above.
Which has grown its dividend faster, LALT or QAI?
LALT has grown its payout faster: 81.5%/yr vs -27.9%/yr over the last 1 year.
Is LALT or QAI better for income?
It depends on what you are optimising for. LALT and QAI 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.