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FAAR vs IMF

First Trust Alternative Absolute Return Strategy ETF vs Invesco Managed Futures Strategy ETF

FAAR

First Trust Alternative Absolute Return Strategy ETF

First Trust

Annual cost

0.98%

Fund size

$168M

IMF

Invesco Managed Futures Strategy ETF

Invesco

Annual cost

0.65%

Fund size

$301M

Key differences

  • IMF costs 0.33% less per year.
  • FAAR follows a long short strategy; IMF uses managed futures.
  • FAAR has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

FAARIMF
Annual cost (TER)0.98%0.65%
Fund size (AUM)$168M$301M
Since20162025
Dividend yield9.07%0.89%
Asset classalternativealternative
Regionnorth america
Strategylong shortmanaged futures
CAGR 1Y+41.1%+19.7%
CAGR 3Y+12.0%N/A
CAGR 5Y+8.5%N/A
Sharpe 3Y0.74N/A
Volatility 1Y13.44%10.46%
Max drawdown-18.03%-15.10%

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

Similar to FAAR and IMF