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FARX vs FAAR

Frontier Asset Absolute Return ETF vs First Trust Alternative Absolute Return Strategy ETF

FARX

Frontier Asset Absolute Return ETF

Frontier Asset Management, LLC

Annual cost

0.95%

Fund size

$13M

FAAR

First Trust Alternative Absolute Return Strategy ETF

First Trust

Annual cost

0.98%

Fund size

$168M

Key differences

  • FAAR is significantly larger than FARX — larger funds tend to be more liquid and less likely to close.
  • FARX is classified as mixed asset, while FAAR is alternative — different risk/return profiles.
  • FARX follows a active selection strategy; FAAR uses long short.
  • FAAR has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

FARXFAAR
Annual cost (TER)0.95%0.98%
Fund size (AUM)$13M$168M
Since20242016
Dividend yield2.93%9.07%
Asset classmixed assetalternative
Regionnorth america
Strategyactive selectionlong short
CAGR 1Y+19.7%+39.8%
CAGR 3YN/A+11.9%
CAGR 5YN/A+8.3%
Sharpe 3YN/A0.73
Volatility 1Y6.96%13.48%
Max drawdown-5.83%-18.03%

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

Similar to FARX and FAAR