Screener
FAAR vs MAXI
First Trust Alternative Absolute Return Strategy ETF vs Simplify Bitcoin Strategy ETF
Key differences
Both FAAR and MAXI are alternative ETFs. FAAR charges 0.98% a year and MAXI 1.31%. The main difference: FAAR follows a long short strategy; MAXI uses option income.
- FAAR follows a long short strategy; MAXI uses option income.
- FAAR costs 0.33% less per year.
- FAAR is much larger than MAXI. Larger funds are usually more liquid and less likely to close.
- Over the last three years, MAXI has delivered higher annualized returns.
- FAAR has a longer track record, which may reduce uncertainty around long-term behavior.
Side-by-side comparison
| FAAR | MAXI | |
|---|---|---|
| Annual cost (TER) | 0.98% | 1.31% |
| Fund size (AUM) | $176M | $31M |
| Since | 2016 | 2022 |
| Dividend yield | 9.19% | 57.40% |
| Asset class | alternative | alternative |
| Region | north america | north america |
| Strategy | long short | option income |
| CAGR 1Y | +33.2% | -62.1% |
| CAGR 3Y | +11.1% | +12.2% |
| CAGR 5Y | +7.4% | N/A |
| Sharpe 3Y | 0.67 | 0.45 |
| Volatility 1Y | 13.49% | 65.36% |
| Max drawdown | -18.03% | -68.11% |
Beyond the comparison: Beacon helps you build, track, and project a portfolio with the ETFs you pick.