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FAAR vs GAL

First Trust Alternative Absolute Return Strategy ETF vs State Street Global Allocation ETF

FAAR

First Trust Alternative Absolute Return Strategy ETF

Annual cost

0.98%

Fund size

$176M

GAL

State Street Global Allocation ETF

Annual cost

0.35%

Fund size

$306M

Key differences

FAAR is an alternative ETF, while GAL is a mixed asset ETF. FAAR charges 0.98% a year and GAL 0.35%.

  • FAAR is an alternative fund, while GAL is a mixed asset fund. They carry different risk/return profiles.
  • FAAR follows a long short strategy; GAL uses tactical allocation.
  • FAAR covers North America; GAL covers global markets.
  • GAL costs 0.63% less per year.
  • Over the last three years, GAL has delivered higher annualized returns.

Side-by-side comparison

FAARGAL
Annual cost (TER)0.98%0.35%
Fund size (AUM)$176M$306M
Since20162012
Dividend yield9.19%3.11%
Asset classalternativemixed asset
Regionnorth americaglobal
Strategylong shorttactical allocation
CAGR 1Y+33.2%+18.1%
CAGR 3Y+11.1%+13.8%
CAGR 5Y+7.4%+6.8%
Sharpe 3Y0.671.02
Volatility 1Y13.49%9.16%
Max drawdown-18.03%-28.31%

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

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