Screener
USE vs FAAR
USCF Energy Commodity Strategy Absolute Return Fund vs First Trust Alternative Absolute Return Strategy ETF
Key differences
Both USE and FAAR are alternative ETFs. USE charges 0.79% a year and FAAR 0.98%. The main difference: USE follows a multi strategy strategy; FAAR uses long short.
- USE follows a multi strategy strategy; FAAR uses long short.
- USE costs 0.19% less per year.
- FAAR is much larger than USE. Larger funds are usually more liquid and less likely to close.
- Over the last three years, USE has delivered higher annualized returns.
- FAAR has a longer track record, which may reduce uncertainty around long-term behavior.
Side-by-side comparison
| USE | FAAR | |
|---|---|---|
| Annual cost (TER) | 0.79% | 0.98% |
| Fund size (AUM) | $2M | $176M |
| Since | 2023 | 2016 |
| Dividend yield | 2.21% | 9.19% |
| Asset class | alternative | alternative |
| Region | — | north america |
| Strategy | multi strategy | long short |
| CAGR 1Y | +34.1% | +38.6% |
| CAGR 3Y | +17.5% | +10.8% |
| CAGR 5Y | N/A | +8.0% |
| Sharpe 3Y | 0.60 | 0.64 |
| Volatility 1Y | 31.73% | 13.55% |
| Max drawdown | -26.24% | -18.03% |
Similar to USE and FAAR
Explore further