Skip to content
Screener

FAAR vs FSIG

First Trust Alternative Absolute Return Strategy ETF vs First Trust Limited Duration Investment Grade Corporate ETF

FAAR

First Trust Alternative Absolute Return Strategy ETF

Annual cost

0.98%

Fund size

$176M

FSIG

First Trust Limited Duration Investment Grade Corporate ETF

Annual cost

0.44%

Fund size

$1.5B

Key differences

FAAR is an alternative ETF, while FSIG is a fixed income ETF. FAAR charges 0.98% a year and FSIG 0.44%.

  • FAAR is an alternative fund, while FSIG is a fixed income fund. They carry different risk/return profiles.
  • FAAR follows a long short strategy; FSIG uses index tracking.
  • FSIG costs 0.54% less per year.
  • FSIG is much larger than FAAR. Larger funds are usually more liquid and less likely to close.
  • Over the last three years, FAAR has delivered higher annualized returns.
  • FAAR has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

FAARFSIG
Annual cost (TER)0.98%0.44%
Fund size (AUM)$176M$1.5B
Since20162021
Dividend yield9.19%4.60%
Asset classalternativefixed income
Regionnorth americanorth america
Strategylong shortindex tracking
CAGR 1Y+33.2%+4.2%
CAGR 3Y+11.1%+5.3%
CAGR 5Y+7.4%N/A
Sharpe 3Y0.670.60
Volatility 1Y13.49%2.24%
Max drawdown-18.03%-6.89%

Beyond the comparison: Beacon helps you build, track, and project a portfolio with the ETFs you pick.

Similar to FAAR and FSIG