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IMF vs FAAR

Invesco Managed Futures Strategy ETF vs First Trust Alternative Absolute Return Strategy ETF

IMF

Invesco Managed Futures Strategy ETF

Invesco

Annual cost

0.65%

Fund size

$301M

FAAR

First Trust Alternative Absolute Return Strategy ETF

First Trust

Annual cost

0.98%

Fund size

$168M

Key differences

  • IMF costs 0.33% less per year.
  • IMF follows a managed futures strategy; FAAR uses long short.
  • FAAR has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

IMFFAAR
Annual cost (TER)0.65%0.98%
Fund size (AUM)$301M$168M
Since20252016
Dividend yield0.89%9.07%
Asset classalternativealternative
Regionnorth america
Strategymanaged futureslong short
CAGR 1Y+19.0%+39.8%
CAGR 3YN/A+11.9%
CAGR 5YN/A+8.3%
Sharpe 3YN/A0.73
Volatility 1Y10.47%13.48%
Max drawdown-15.10%-18.03%

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

Similar to IMF and FAAR