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ISMF vs FAAR

iShares Managed Futures Active ETF vs First Trust Alternative Absolute Return Strategy ETF

ISMF

iShares Managed Futures Active ETF

BlackRock

Annual cost

0.80%

Fund size

$57M

FAAR

First Trust Alternative Absolute Return Strategy ETF

First Trust

Annual cost

0.98%

Fund size

$168M

Key differences

  • ISMF costs 0.18% less per year.
  • ISMF covers global markets; FAAR covers north america.
  • ISMF 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

ISMFFAAR
Annual cost (TER)0.80%0.98%
Fund size (AUM)$57M$168M
Since20252016
Dividend yield2.50%9.07%
Asset classalternativealternative
Regionglobalnorth america
Strategymanaged futureslong short
CAGR 1Y+22.3%+41.1%
CAGR 3YN/A+12.0%
CAGR 5YN/A+8.5%
Sharpe 3YN/A0.74
Volatility 1Y7.87%13.44%
Max drawdown-4.23%-18.03%

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

Similar to ISMF and FAAR