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FAAR vs LSEQ

First Trust Alternative Absolute Return Strategy ETF vs Harbor Long-Short Equity ETF

FAAR

First Trust Alternative Absolute Return Strategy ETF

Annual cost

0.98%

Fund size

$176M

LSEQ

Harbor Long-Short Equity ETF

Annual cost

2.28%

Fund size

$15M

Key differences

Both FAAR and LSEQ are alternative ETFs. FAAR charges 0.98% a year and LSEQ 2.28%. The main difference: FAAR costs 1.30% less per year.

  • FAAR costs 1.30% less per year.
  • FAAR is much larger than LSEQ. Larger funds are usually more liquid and less likely to close.
  • FAAR has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

FAARLSEQ
Annual cost (TER)0.98%2.28%
Fund size (AUM)$176M$15M
Since20162023
Dividend yield9.19%1.79%
Asset classalternativealternative
Regionnorth americanorth america
Strategylong shortlong short
CAGR 1Y+34.6%+23.9%
CAGR 3Y+11.0%N/A
CAGR 5Y+7.9%N/A
Sharpe 3Y0.66N/A
Volatility 1Y13.52%15.25%
Max drawdown-18.03%-8.35%

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

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