First Trust Alternative Absolute Return Strategy ETF (FAAR)
- Expense ratio0.99%
- Net assets$250.4M
- Dividend yield8.41%
- 1-year return+19.39%
- Holdings1
FAAR ETF price chart
FAAR quote & trading statistics
FAAR performance
Annual returns & drawdowns →- YTD+22.26%
- 1 year+19.39%
- 3 years+11.83%/yr
- 5 years+7.47%/yr
- 10 years+5.20%/yr
- 1Y volatility
- 17.49%
- 3Y volatility
- 12.57%
- 3Y Sharpe ratio
- 0.48
Returns include reinvested distributions; 3-, 5- and 10-year figures are annualized.
FAAR holdings
| # | Symbol | Name | Weight |
|---|---|---|---|
| 1 | TCRD | THL Credit Inc | 20.06% |
This holding makes up 20.1% of the fund. As of October 24, 2026.
About First Trust Alternative Absolute Return Strategy ETF
The fund is an actively managed exchange-traded fund that seeks to achieve long-term total return through long and short investments in exchange-traded commodity futures contracts (Commodity Futures) through a wholly-owned subsidiary of the fund organized under the laws of the Cayman Islands (the Subsidiary). It does not invest directly in Commodity Futures. The advisor gains exposure to these investments exclusively by investing in the Subsidiary. The Subsidiary is advised by First Trust Advisors L.P., the fund's investment advisor.
FAAR ETF FAQ
What is the FAAR expense ratio?
First Trust Alternative Absolute Return Strategy ETF has a net expense ratio of 0.99%, or $99.00 a year for every $10,000 invested.
How much money is in FAAR?
First Trust Alternative Absolute Return Strategy ETF has about $250.4M in net assets.
What are the top holdings of FAAR?
The largest positions in FAAR are THL Credit Inc (20.06%). The fund holds 1 securities in total.
How has FAAR performed?
FAAR returned +19.39% over the past year and +7.47% a year over the past five years, including reinvested distributions.
Does FAAR pay dividends?
FAAR has a dividend yield of 8.41% and pays distributions quarterly.
When was FAAR launched?
First Trust Alternative Absolute Return Strategy ETF began trading on May 18, 2016.