Screener
FAAR vs LGOV
First Trust Alternative Absolute Return Strategy ETF vs First Trust Long Duration Opportunities ETF
Key differences
FAAR is an alternative ETF, while LGOV is a fixed income ETF. FAAR charges 0.98% a year and LGOV 0.49%.
- FAAR is an alternative fund, while LGOV is a fixed income fund. They carry different risk/return profiles.
- FAAR follows a long short strategy; LGOV uses index tracking.
- LGOV costs 0.49% less per year.
- LGOV is much larger than FAAR. Larger funds are usually more liquid and less likely to close.
- Over the last three years, FAAR has delivered higher annualized returns.
Side-by-side comparison
| FAAR | LGOV | |
|---|---|---|
| Annual cost (TER) | 0.98% | 0.49% |
| Fund size (AUM) | $176M | $664M |
| Since | 2016 | 2019 |
| Dividend yield | 9.19% | 4.25% |
| Asset class | alternative | fixed income |
| Region | north america | north america |
| Strategy | long short | index tracking |
| CAGR 1Y | +33.2% | +5.5% |
| CAGR 3Y | +11.1% | +2.8% |
| CAGR 5Y | +7.4% | -1.7% |
| Sharpe 3Y | 0.67 | -0.04 |
| Volatility 1Y | 13.49% | 7.02% |
| Max drawdown | -18.03% | -30.85% |
Beyond the comparison: Beacon helps you build, track, and project a portfolio with the ETFs you pick.