FAARFirst Trust Alternative Absolute Return Strategy ETF
Seeks long-term total return.
By First Trust · Launched 2016
Annual Cost
0.98%
#5,220 of 6,040 · expensive
Fund Size
$210M
#2,413 of 6,040 · mid-size
Return (1Y)
+18.3%
Track Record
10 years
#1,412 of 6,040 · established
Performance
Total-return NAV · USDGrowth of $10,000
$12,115+21.1%
Total-return NAV, USD. Net of fund fees, before tax.
What's inside
How Beacon categorizes this fundHoldings
By weightConcentration
Top 10 holdings = 113.0% of fundconcentrated
Morgan Stanley Institutional Liquidity Funds
31.7%
Dreyfus Government Cash Management Funds
31.7%
United States Treasury Bills
11.4%
United States Treasury Bills
8.6%
United States Treasury Bills
8.6%
United States Treasury Bills
8.6%
United States Treasury Bills
8.6%
ICE FUTURES EUROPE
1.5%
NEW YORK MERCANTILE EXCHANGE, INC.RBK6
1.4%
NEW YORK MERCANTILE EXCHANGE, INC.HOK6
0.9%
Asset allocation
Cash
82.2%
Stocks
17.8%
Risk profile
Last 12 months · Sharpe & Sortino need 3+ yearsVolatility (1Y)
12.8%Moderate
Year-on-year price swings
Max drawdown
-18.0%Moderate
Worst peak-to-trough loss
Sharpe (3Y)
0.47Below average
Sortino (3Y)
0.67Moderate downside risk
Listing
- Exchange
- NASDAQ Global Select Market
Full fund details
- Objective
- Seeks long-term total return.
- Strategy
- Actively manages long and short investments in exchange-traded commodity futures contracts through a wholly-owned subsidiary. The Fund also invests in U.S. government securities, short-term repurchase agreements, money market instruments, and cash.
- Inception date
- May 18, 2016
- Fund family
- First Trust
Similar funds
Same asset class, closest by strategy & exposureNext steps
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Data updated on 2026-09-18