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PLGI vs FAAR

PL Growth and Income ETF vs First Trust Alternative Absolute Return Strategy ETF

PLGI

PL Growth and Income ETF

Annual cost

1.25%

Fund size

$54M

FAAR

First Trust Alternative Absolute Return Strategy ETF

Annual cost

0.98%

Fund size

$176M

Key differences

Both PLGI and FAAR are alternative ETFs. PLGI charges 1.25% a year and FAAR 0.98%. The main difference: PLGI follows a option income strategy; FAAR uses long short.

  • PLGI follows a option income strategy; FAAR uses long short.
  • FAAR costs 0.27% less per year.
  • FAAR is much larger than PLGI. Larger funds are usually more liquid and less likely to close.
  • FAAR has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

PLGIFAAR
Annual cost (TER)1.25%0.98%
Fund size (AUM)$54M$176M
Since20252016
Dividend yield9.19%
Asset classalternativealternative
Regionnorth americanorth america
Strategyoption incomelong short
CAGR 1YN/A+34.6%
CAGR 3YN/A+11.0%
CAGR 5YN/A+7.9%
Sharpe 3YN/A0.66
Volatility 1Y13.52%
Max drawdown-7.26%-18.03%

Beyond the comparison: Beacon helps you build, track, and project a portfolio with the ETFs you pick.

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