Screener
FAAR vs ALTY
First Trust Alternative Absolute Return Strategy ETF vs Global X Alternative Income ETF
Key differences
Both FAAR and ALTY are alternative ETFs. FAAR charges 0.98% a year and ALTY 0.50%. The main difference: FAAR follows a long short strategy; ALTY uses option income.
- FAAR follows a long short strategy; ALTY uses option income.
- ALTY costs 0.48% less per year.
- FAAR is much larger than ALTY. Larger funds are usually more liquid and less likely to close.
Side-by-side comparison
| FAAR | ALTY | |
|---|---|---|
| Annual cost (TER) | 0.98% | 0.50% |
| Fund size (AUM) | $176M | $44M |
| Since | 2016 | 2015 |
| Dividend yield | 9.19% | 7.37% |
| Asset class | alternative | alternative |
| Region | north america | north america |
| Strategy | long short | option income |
| CAGR 1Y | +34.6% | +15.0% |
| CAGR 3Y | +11.0% | +11.3% |
| CAGR 5Y | +7.9% | +5.5% |
| Sharpe 3Y | 0.66 | 0.86 |
| Volatility 1Y | 13.52% | 5.80% |
| Max drawdown | -18.03% | -51.47% |
Beyond the comparison: Beacon helps you build, track, and project a portfolio with the ETFs you pick.