Screener
FAAR vs FTCB
First Trust Alternative Absolute Return Strategy ETF vs First Trust Core Investment Grade ETF
Key differences
FAAR is an alternative ETF, while FTCB is a fixed income ETF. FAAR charges 0.98% a year and FTCB 0.56%.
- FAAR is an alternative fund, while FTCB is a fixed income fund. They carry different risk/return profiles.
- FAAR follows a long short strategy; FTCB uses active selection.
- FTCB costs 0.42% less per year.
- FTCB is much larger than FAAR. Larger funds are usually more liquid and less likely to close.
- FAAR has a longer track record, which may reduce uncertainty around long-term behavior.
Side-by-side comparison
| FAAR | FTCB | |
|---|---|---|
| Annual cost (TER) | 0.98% | 0.56% |
| Fund size (AUM) | $176M | $2.5B |
| Since | 2016 | 2023 |
| Dividend yield | 9.19% | 4.90% |
| Asset class | alternative | fixed income |
| Region | north america | north america |
| Strategy | long short | active selection |
| CAGR 1Y | +33.2% | +5.7% |
| CAGR 3Y | +11.1% | N/A |
| CAGR 5Y | +7.4% | N/A |
| Sharpe 3Y | 0.67 | N/A |
| Volatility 1Y | 13.49% | 4.03% |
| Max drawdown | -18.03% | -4.99% |
Beyond the comparison: Beacon helps you build, track, and project a portfolio with the ETFs you pick.