Screener
FAAR vs PLGI
First Trust Alternative Absolute Return Strategy ETF vs PL Growth and Income ETF
Key differences
Both FAAR and PLGI are alternative ETFs. FAAR charges 0.98% a year and PLGI 1.25%. The main difference: FAAR follows a long short strategy; PLGI uses option income.
- FAAR follows a long short strategy; PLGI uses option income.
- FAAR costs 0.27% less per year.
- FAAR is much larger than PLGI. 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
| FAAR | PLGI | |
|---|---|---|
| Annual cost (TER) | 0.98% | 1.25% |
| Fund size (AUM) | $176M | $54M |
| Since | 2016 | 2025 |
| Dividend yield | 9.19% | — |
| Asset class | alternative | alternative |
| Region | north america | north america |
| Strategy | long short | option income |
| CAGR 1Y | +34.6% | N/A |
| CAGR 3Y | +11.0% | N/A |
| CAGR 5Y | +7.9% | N/A |
| Sharpe 3Y | 0.66 | N/A |
| Volatility 1Y | 13.52% | — |
| Max drawdown | -18.03% | -7.26% |
Beyond the comparison: Beacon helps you build, track, and project a portfolio with the ETFs you pick.