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First Trust Alternative Absolute Return Strategy ETF (FAAR)
USD31.36
+0.23 (+0.74%)
NASDAQ USD US Alternatives
NAV
USD 31.11
+0.80% vs NAV
as of 2026-07-13
AUM
USD 186.66M
TER
0.98%
Yield (TTM)
9.81%
Distribution
Distributing · Quarterly
52-week range
26.79 – 34.34
Holdings
18
Issuer
First Trust
About this ETF
Investors seeking long-term total returns will find the First Trust Alternative Absolute Return Strategy ETF to be an actively managed investment vehicle available on exchanges.
ISIN
US33740Y1010
Issuer
First Trust
Domicile
US
Inception
2016-05-18
Asset class
Alternatives
Price
Top 10 holdings
| US Dollar $USD | 43.17% |
| U.S. Treasury Bill, 0%, due 07/30/2026 | 7.08% |
| U.S. Treasury Bill, 0%, due 07/14/2026 | 5.32% |
| U.S. Treasury Bill, 0%, due 08/18/2026 | 5.30% |
| U.S. Treasury Bill, 0%, due 09/03/2026 | 5.29% |
| NY Harb ULSD Fut Sep26 HOU6 | 5.27% |
| GASOLINE RBOB FUT Sep26 XBU6 | 4.92% |
| SOYBEAN OIL FUTR Dec26 BOZ6 | 3.94% |
| NATURAL GAS FUTR Sep26 NGU26 | 3.62% |
| SILVER FUTURE Sep26 SIU6 | 2.88% |
Sector mix
Price chart
USD31.36
+0.23 (+0.74%)
Loading historical data…
Returns
| 1 month | -5.51% |
| 3 months | -6.86% |
| 6 months | +13.66% |
| Year to date | +15.72% |
| 1 year | +11.56% |
| 3 years (ann.) | +3.46% |
| 5 years (ann.) | +0.50% |
| 10 years (ann.) | +0.59% |
Risk profile
| Volatility (1y, ann.) | 16.39% |
| Sharpe (1y) | 0.75 |
| Sharpe (3y) | 0.33 |
| Sortino (1y) | 0.78 |
| Max drawdown (1y) | -13.33% |
| Max drawdown (5y) | -27.93% |
| Max drawdown (full) | -27.93% |
| Beta vs S&P 500 (1y) | 0.00 |
| Correlation vs S&P 500 (1y) | 0.00 |
Technical outlook as of 2026-07-13
Day Score (bias 0-100, not a probability)
49
P(gain) 22 sessions — probability
52%
VaR 95% (daily)
-1.04%
CVaR 95% (daily)
-1.84%
GARCH vol forecast (22d)
0.77%
Market regime (Markov)
Lateral
The Monte Carlo cone is drawn on the price chart above (Forecast overlay); RSI, MACD and the rest of the oscillators live in its indicator panels.
Top-10 concentration
86.8%
Effective holdings
5
Disclosed positions
18
Full holdings
| Constituent | ISIN | Market value | Weight |
|---|---|---|---|
| Loading… | |||
Sector breakdown
Geographic exposure
Loading map…
Cost vs. peers
FAAR
0.98%
Alternatives median
0.75%
Cheapest in class FGDL
0.00%
Comparison universe: 184 funds of the same asset class.
Cost impact calculator
Dividend history
Distributing share class Income is paid out to shareholders.
| Ex-date | Payment | Amount |
|---|---|---|
| 2026-06-25 | 2026-06-30 | USD 0.1440 |
| 2026-03-26 | 2026-03-31 | USD 0.1087 |
| 2025-12-16 | 2025-12-31 | USD 2.6485 |
| 2025-09-25 | 2025-09-30 | USD 0.1759 |
| 2025-06-26 | 2025-06-30 | USD 0.1753 |
| 2025-03-27 | 2025-03-31 | USD 0.1533 |
| 2024-12-17 | 2024-12-31 | USD 0.3264 |
| 2024-09-26 | 2024-09-30 | USD 0.2010 |
| 2024-06-27 | 2024-06-28 | USD 0.2352 |
| 2024-03-21 | 2024-03-28 | USD 0.2032 |
| 2023-12-15 | 2023-12-20 | USD 0.2566 |
| 2023-09-22 | 2023-09-29 | USD 0.2297 |
| 2023-06-27 | 2023-06-30 | USD 0.2293 |
| 2023-03-24 | 2023-03-31 | USD 0.1588 |
| 2022-12-15 | 2022-12-30 | USD 1.7361 |
| 2022-06-24 | 2022-06-30 | USD 0.0028 |
| 2021-12-23 | 2021-12-31 | USD 1.8614 |
| 2021-06-24 | 2021-06-30 | USD 0.0054 |
| 2020-12-24 | 2020-12-31 | USD 0.8214 |
| 2020-06-25 | 2020-06-30 | USD 0.0092 |
| 2019-12-13 | 2019-12-31 | USD 0.2647 |
| 2018-12-18 | 2018-12-31 | USD 0.1407 |
| 2018-03-22 | 2018-03-29 | USD 0.0118 |
| 2017-12-21 | 2017-12-29 | USD 0.8298 |
ESG profile
No ESG estimate available: none of the scored universe overlaps this portfolio (typical for bond, commodity or synthetic funds).
Scored coverage: 0.0% of the portfolio by weight.
Similar ETFs
| Fund | TER | AUM (USD) | Yield (TTM) | Return 1y | Sharpe 1y |
|---|---|---|---|---|---|
| iShares Bitcoin Trust ETF IBIT | 0.25% | 46.82B | — | -45.40% | -1.13 |
| Grayscale Bitcoin Trust ETF GBTC | 1.50% | 8.67B | — | -46.00% | -1.16 |
| Invesco Senior Loan ETF BKLN | 0.67% | 7.19B | 6.56% | -2.67% | -0.81 |
| abrdn Physical Gold Shares ETF SGOL | 0.17% | 6.81B | — | +20.15% | 0.80 |
| Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF PDBC | 0.74% | 5.34B | 3.01% | +27.55% | 1.37 |
| iShares Ethereum Trust ETF ETHA | 0.25% | 4.93B | — | -37.38% | -0.34 |
| abrdn Physical Silver Shares ETF SIVR | 0.30% | 3.97B | — | +55.06% | 1.04 |
| abrdn Physical Precious Metals Basket Shares ETF GLTR | 0.60% | 2.48B | — | +28.38% | 0.84 |
| abrdn Bloomberg All Commodity Strategy K-1 Free ETF BCI | 0.26% | 2.38B | 13.79% | +10.98% | 0.59 |
| Bitwise Bitcoin ETF Trust BITB | 0.20% | 2.32B | — | -45.29% | -1.13 |
Cheaper alternatives
No fund of the class reaches 60% portfolio overlap — showing the cheapest funds of the class instead.
| Fund | TER | AUM (USD) | Overlap |
|---|---|---|---|
| iShares Bitcoin ETP IB1T.PA | 0.15% | 1.03B | 0.0% |
| WisdomTree Physical Bitcoin BTCW.SW | 0.15% | 1.19B | 0.0% |
| abrdn Physical Gold Shares ETF SGOL | 0.17% | 6.81B | 0.0% |
| Invesco AAA CLO Floating Rate Note ETF ICLO | 0.19% | 508.14M | 0.0% |
| WisdomTree U.S. Efficient Core Fund NTSX | 0.20% | 1.37B | 0.0% |
