FCEFvsIALTETF Comparison
First Trust CEF Income Opportunities ETF (FCEF) and iShares Systematic Alternatives Active ETF (IALT) belong to the same industry segment: Multi-Asset: Other. FCEF is more expensive with a Total Expense Ratio (TER) of 3.69%, versus 0.99% for IALT. FCEF is up 9.09% year-to-date (YTD) with +$15M in YTD flows. IALT performs better with 17.71% YTD performance, and +$7.33B in YTD flows. Run a side-by-side ETF comparison of FCEF and IALT below, and assess how they stack up in performance, liquidity, risk, exposure, holdings, and more, helping you select the best ETF for your investments.
FCEF vs IALT performance and flow charts
Performance
Cumulative Flows
| 1M | 3M | YTD | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|---|---|
| Perf. | FCEF IALT | -1.47%+0.89% | -3.57%+4.50% | +9.09%+17.71% | +10.77%n/a | +56.97%n/a | +30.65%n/a |
| Flows | FCEF IALT | -+$1.72B | +$4M+$2.37B | +$15M+$7.33B | +$21M- | +$48M- | +$47M- |
| 3M | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|
| Volatility | FCEF IALT | +8.03%+5.33% | +8.40%n/a | +9.82%n/a | +11.90%n/a |
| Max drawdown | FCEF IALT | -6.67%-1.97% | -6.67%n/a | -12.57%n/a | -25.09%n/a |
| Max drawdown duration | FCEF IALT | 63d15d | 63dn/a | 117dn/a | 939dn/a |
FCEF | IALT | |
Last sale 10/16/2026 at 1:30 PM | $22.61 | $29.71 |
| Previous close 10/15/2026 | $22.66 | $29.88 |
| Consolidated volume 10/15/2026 | ||
| Average volume 30 days | ||
| Average discount or premium 30 days | ||
| Average Bid/Ask spread 30 days |
FCEF | IALT | |
|---|---|---|
| Last price | $22.61 | $29.71 |
| 1D performance | -0.22% | -0.57% |
| AuM | $80.54 M | $7.66 B |
| E/R | 3.69% | 0.99% |
FCEF | IALT | |
|---|---|---|
| Management strategy | Active | Active |
| Provider | First Trust | iShares |
| Benchmark | - | - |
| N° of holdings | - | - |
| Asset class | - | - |
| Trailing 12m distribution yield | Join | Join |
| Inception date | September 27, 2016 | December 10, 2025 |
| ESG | No | No |
