Screener
FCEF vs FAAR
First Trust Income Opportunity ETF vs First Trust Alternative Absolute Return Strategy ETF
Key differences
FCEF is a mixed asset ETF, while FAAR is an alternative ETF. FCEF charges 3.69% a year and FAAR 0.98%.
- FCEF is a mixed asset fund, while FAAR is an alternative fund. They carry different risk/return profiles.
- FCEF follows a active selection strategy; FAAR uses long short.
- FAAR costs 2.71% less per year.
- Over the last three years, FCEF has delivered higher annualized returns.
Side-by-side comparison
| FCEF | FAAR | |
|---|---|---|
| Annual cost (TER) | 3.69% | 0.98% |
| Fund size (AUM) | $79M | $176M |
| Since | 2016 | 2016 |
| Dividend yield | 6.19% | 9.19% |
| Asset class | mixed asset | alternative |
| Region | — | north america |
| Strategy | active selection | long short |
| CAGR 1Y | +15.3% | +33.2% |
| CAGR 3Y | +15.6% | +11.1% |
| CAGR 5Y | +5.8% | +7.4% |
| Sharpe 3Y | 1.15 | 0.67 |
| Volatility 1Y | 7.87% | 13.49% |
| Max drawdown | -44.81% | -18.03% |
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