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FAAR vs QTAC

First Trust Alternative Absolute Return Strategy ETF vs Q3 All-Season Tactical Advantage ETF

FAAR

First Trust Alternative Absolute Return Strategy ETF

First Trust

Annual cost

0.98%

Fund size

$168M

QTAC

Q3 All-Season Tactical Advantage ETF

Q3 Asset Management Corporation

Annual cost

1.78%

Fund size

$54M

Key differences

  • FAAR costs 0.80% less per year.
  • FAAR is significantly larger than QTAC — larger funds tend to be more liquid and less likely to close.
  • FAAR follows a long short strategy; QTAC uses multi strategy.
  • FAAR has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

FAARQTAC
Annual cost (TER)0.98%1.78%
Fund size (AUM)$168M$54M
Since20162025
Dividend yield9.07%
Asset classalternativealternative
Regionnorth americanorth america
Strategylong shortmulti strategy
CAGR 1Y+39.8%N/A
CAGR 3Y+11.9%N/A
CAGR 5Y+8.3%N/A
Sharpe 3Y0.73N/A
Volatility 1Y13.48%
Max drawdown-18.03%-16.56%

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

Similar to FAAR and QTAC