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LALT vs FAAR
First Trust Multi-Strategy Alternative ETF vs First Trust Alternative Absolute Return Strategy ETF
Key differences
- FAAR costs 0.20% less per year.
- LALT follows a multi strategy strategy; FAAR uses long short.
- Over the last 3 years, FAAR has delivered higher annualized returns.
- FAAR has a longer track record, which may reduce uncertainty around long-term behavior.
Side-by-side comparison
| LALT | FAAR | |
|---|---|---|
| Annual cost (TER) | 1.18% | 0.98% |
| Fund size (AUM) | $61M | $168M |
| Since | 2023 | 2016 |
| Dividend yield | 3.67% | 9.07% |
| Asset class | alternative | alternative |
| Region | — | north america |
| Strategy | multi strategy | long short |
| CAGR 1Y | +23.1% | +41.1% |
| CAGR 3Y | +10.8% | +12.0% |
| CAGR 5Y | N/A | +8.5% |
| Sharpe 3Y | 1.16 | 0.74 |
| Volatility 1Y | 6.79% | 13.44% |
| Max drawdown | -6.96% | -18.03% |
Green dot indicates the better value for that metric. Performance data is historical and does not predict future results.
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