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FAAR vs HISF

First Trust Alternative Absolute Return Strategy ETF vs First Trust High Income Strategic Focus ETF

FAAR

First Trust Alternative Absolute Return Strategy ETF

Annual cost

0.98%

Fund size

$176M

HISF

First Trust High Income Strategic Focus ETF

Annual cost

0.83%

Fund size

$96M

Key differences

FAAR is an alternative ETF, while HISF is a fixed income ETF. FAAR charges 0.98% a year and HISF 0.83%.

  • FAAR is an alternative fund, while HISF is a fixed income fund. They carry different risk/return profiles.
  • FAAR follows a long short strategy; HISF uses active selection.
  • HISF costs 0.15% less per year.
  • Over the last three years, FAAR has delivered higher annualized returns.

Side-by-side comparison

FAARHISF
Annual cost (TER)0.98%0.83%
Fund size (AUM)$176M$96M
Since20162014
Dividend yield9.19%4.99%
Asset classalternativefixed income
Regionnorth americanorth america
Strategylong shortactive selection
CAGR 1Y+33.2%+5.3%
CAGR 3Y+11.1%+5.1%
CAGR 5Y+7.4%+1.6%
Sharpe 3Y0.670.34
Volatility 1Y13.49%3.32%
Max drawdown-18.03%-27.86%

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

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