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FAARFirst Trust Alternative Absolute Return Strategy ETF

Grow my money10y track recordRanked #1,721 of 2,999 in this goal

Seeks long-term total return.

By First Trust · Launched 2016

Annual Cost

0.98%

#5,069 of 5,861 · expensive

Fund Size

$178M

#2,445 of 5,861 · mid-size

Return (1Y)Goal

+19.3%

Track Record

10 years

#1,400 of 5,861 · established

Performance

Total-return NAV · USD
Growth of $10,000
$12,103+21.0%

Total-return NAV, USD. Net of fund fees, before tax.

What's inside

How Beacon categorizes this fund

Asset class

Alternative

Strategy

Long short

What it actually holds

By weight

Concentration

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
84.5%
Stocks
15.5%

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years
Volatility (1Y)
12.7%Moderate

Year-on-year price swings

Max drawdown
-18.0%Moderate

Worst peak-to-trough loss

Sharpe (3Y)
0.44Below average
Sortino (3Y)
0.63Moderate 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

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Data updated on 2026-08-04