LALT vs QALT
First Trust Multi-Strategy Alternative ETF compared with SEI DBi Multi-Strategy Alternative ETF on yield, payout growth, payment schedule, cost and risk.
LALT
First Trust Multi-Strategy Alternative ETF
TTM yield · Semi-annual
QALT
SEI DBi Multi-Strategy Alternative ETF
TTM yield · Quarterly
Quick take
- QALT yields more today: 2.56% vs 0.65% (forward).
- LALT pays twice a year; QALT pays every quarter.
- Over the last year LALT delivered the higher total return: +12.1% vs +3.9% (price change plus payouts).
- QALT is cheaper to own: 0.80% vs 1.18% expense ratio.
- QALT has the steadier distribution: consistency 96/100 vs 0/100.
Generated from the latest data on both pages. Not a recommendation.
Side by side
| Metric | LALT | QALT |
|---|---|---|
| Share price | $24.88 | $25.91 |
| TTM yield | 2.65% | 1.82% |
| Forward yield | 0.65% | 2.56% |
| Annual payout per share | $0.162 | $0.664 |
| Payment frequency | Semi-annual | Quarterly |
| Next ex-date | Mar 25, 2027 (est.) | Jan 4, 2027 (est.) |
| Expense ratio | 1.18% | 0.80% |
| 1-year payout growth | +370.7% | — |
| 5-year payout CAGR | — | — |
| Consecutive years of increases | 1 year | 0 years |
| Payout consistency (last 12) | 0/100 | 96/100 |
| 1-year total return | +12.1% | +3.9% |
| 1-year price return | +9.2% | +2.0% |
| Size (market cap / AUM) | 389.5M | 196.4M |
| Years paying | 3.3 | 0.8 |
| 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 | QALT | |
|---|---|---|
| Shares | 401.9 | 386.0 |
| Income per year | $65 | $256 |
| Income per month (avg) | $5 | $21 |
At forward yields, before taxes. Model LALT · Model QALT
Next payments
| Ex-date | Pay date | Per share | Status |
|---|---|---|---|
| LALT Mar 25, 2027 | Apr 8, 2027 | $0.081 | Est. |
| LALT Sep 23, 2027 | Oct 7, 2027 | $0.081 | Est. |
| QALT Jan 4, 2027 | Jan 5, 2027 | $0.166 | Est. |
| QALT Apr 5, 2027 | Apr 6, 2027 | $0.166 | Est. |
| QALT Jul 5, 2027 | Jul 6, 2027 | $0.166 | Est. |
Annual payouts per share
LALTQALT
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 QALT?
LALT currently has the higher trailing yield: LALT yields 2.65% and QALT yields 1.82%. Yield changes daily with price, so check the live figures above.
How often do LALT and QALT pay?
LALT pays twice a year and QALT pays every quarter. LALT's next ex-date is Mar 25, 2027 and QALT's is Jan 4, 2027.
Is LALT or QALT better for income?
It depends on what you are optimising for. LALT and QALT 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.