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FAAR vs ISMF

First Trust Alternative Absolute Return Strategy ETF vs iShares Managed Futures Active ETF

FAAR

First Trust Alternative Absolute Return Strategy ETF

First Trust

Annual cost

0.98%

Fund size

$168M

ISMF

iShares Managed Futures Active ETF

BlackRock

Annual cost

0.80%

Fund size

$57M

Key differences

  • ISMF costs 0.18% less per year.
  • FAAR covers north america markets; ISMF covers global.
  • FAAR follows a long short strategy; ISMF uses managed futures.
  • FAAR has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

FAARISMF
Annual cost (TER)0.98%0.80%
Fund size (AUM)$168M$57M
Since20162025
Dividend yield9.07%2.50%
Asset classalternativealternative
Regionnorth americaglobal
Strategylong shortmanaged futures
CAGR 1Y+41.1%+22.3%
CAGR 3Y+12.0%N/A
CAGR 5Y+8.5%N/A
Sharpe 3Y0.74N/A
Volatility 1Y13.44%7.87%
Max drawdown-18.03%-4.23%

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

Similar to FAAR and ISMF