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IALT vs FAAR

iShares Systematic Alternatives Active ETF vs First Trust Alternative Absolute Return Strategy ETF

IALT

iShares Systematic Alternatives Active ETF

iShares

Annual cost

0.99%

Fund size

$210M

FAAR

First Trust Alternative Absolute Return Strategy ETF

First Trust

Annual cost

0.98%

Fund size

$168M

Key differences

  • IALT covers global markets; FAAR covers north america.
  • IALT follows a systematic alpha strategy; FAAR uses long short.
  • FAAR has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

IALTFAAR
Annual cost (TER)0.99%0.98%
Fund size (AUM)$210M$168M
Since20252016
Dividend yield9.07%
Asset classalternativealternative
Regionglobalnorth america
Strategysystematic alphalong short
CAGR 1YN/A+41.1%
CAGR 3YN/A+12.0%
CAGR 5YN/A+8.5%
Sharpe 3YN/A0.74
Volatility 1Y13.44%
Max drawdown-1.47%-18.03%

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

Similar to IALT and FAAR