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TACK vs FAAR

Fairlead Tactical Sector Fund vs First Trust Alternative Absolute Return Strategy ETF

TACK

Fairlead Tactical Sector Fund

Annual cost

0.69%

Fund size

$283M

FAAR

First Trust Alternative Absolute Return Strategy ETF

Annual cost

0.98%

Fund size

$176M

Key differences

TACK is a mixed asset ETF, while FAAR is an alternative ETF. TACK charges 0.69% a year and FAAR 0.98%.

  • TACK is a mixed asset fund, while FAAR is an alternative fund. They carry different risk/return profiles.
  • TACK follows a active selection strategy; FAAR uses long short.
  • TACK costs 0.29% less per year.
  • Over the last three 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

TACKFAAR
Annual cost (TER)0.69%0.98%
Fund size (AUM)$283M$176M
Since20222016
Dividend yield1.22%9.19%
Asset classmixed assetalternative
Regionnorth americanorth america
Strategyactive selectionlong short
CAGR 1Y-88.7%+34.6%
CAGR 3Y-48.6%+11.0%
CAGR 5YN/A+7.9%
Sharpe 3Y-0.430.66
Volatility 1Y90.58%13.52%
Max drawdown-90.38%-18.03%

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

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