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FAAR vs IALT

First Trust Alternative Absolute Return Strategy ETF vs iShares Systematic Alternatives Active ETF

FAAR

First Trust Alternative Absolute Return Strategy ETF

First Trust

Annual cost

0.98%

Fund size

$168M

IALT

iShares Systematic Alternatives Active ETF

iShares

Annual cost

0.99%

Fund size

$210M

Key differences

  • FAAR covers north america markets; IALT covers global.
  • FAAR follows a long short strategy; IALT uses systematic alpha.
  • FAAR has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

FAARIALT
Annual cost (TER)0.98%0.99%
Fund size (AUM)$168M$210M
Since20162025
Dividend yield9.07%
Asset classalternativealternative
Regionnorth americaglobal
Strategylong shortsystematic alpha
CAGR 1Y+41.1%N/A
CAGR 3Y+12.0%N/A
CAGR 5Y+8.5%N/A
Sharpe 3Y0.74N/A
Volatility 1Y13.44%
Max drawdown-18.03%-1.47%

Green dot indicates the better value for that metric. Performance data is historical and does not predict future results.

Similar to FAAR and IALT