FAAR
First Trust Alternative Absolute Return Strategy ETF·NASDAQ
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Key Stats
Assets Under Management
141.62MUSD
Fund Flows (1Y)
39.47MUSD
Dividend Yield
10.80%
Discount/Premium to NAV
0.01%
Shares Outstanding
4.85M
Expense Ratio
0.97%
About First Trust Alternative Absolute Return Strategy ETF
Issuer
First Trust Advisors L.P.
Brand
First Trust
Inception Date
May 18, 2016
Structure
Open-Ended Fund
Index Tracked
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Management Style
Active
Dividend Treatment
Distributes
Distribution Tax Treatment
Ordinary income
Income Tax Type
Capital Gains
Max ST Capital Gains Rate
39.60%
Max LT Capital Gains Rate
20.00%
Primary Advisor
First Trust Portfolios LP
Distributor
First Trust Portfolios LP
FAAR's active manager (First Trust Advisors) has broad leeway to execute the fund's long/short commodities strategy: the fund may go long or short any exchange-traded commodity futures contract, and take a net-long, net-short, or neutral stance. The fund may also hold cash and equivalents (including US Treasurys with up to five years to maturity), both as collateral for its futures investments and as a safe haven. FAAR doesn't own futures directly, but rather through its holdings in a Cayman Islands subsidiary—an arrangement that allows it to be structured as an open-ended fund under the 1940 Act, and avoid a K-1 at tax time.
Classification
Asset Class
Alternatives
Category
Hedge Fund Strategies
Focus
Multi-strategy
Niche
Absolute Return
Strategy
Active
Geography
Global
Weighting Scheme
Proprietary
Selection Criteria
Proprietary
Returns
1-Month | 3-Month | YTD | 1-Year | 3-Year | 5-Year | |
|---|---|---|---|---|---|---|
Price Performance | +7.14% | -4.00% | +7.65% | +2.44% | -1.90% | +4.46% |
NAV Total Return | +6.26% | +5.69% | +6.97% | +14.50% | +16.09% | +40.20% |
Ratings
No data is currently available
Ainvest’s AI-powered ETF Scoring Algorithm, built to help retail investors make smarter, data-driven decisions. Leveraging deep learning, reinforcement learning, and large language models, the algorithm scores ETFs across five key dimensions: Fund Flow, Momentum, Safety, Fundamentals, and Performance. Each factor is weighted by its correlation to future returns, resulting in a single, actionable score. Backtested over five years with consistently strong predictive accuracy. Ainvest brings institutional-grade artificial intelligence to everyday investors—transforming complexity into clarity with every score.
Holdings Analysis
Sector
Financial Services
100.00%
Financial Services
100.00%
Asset
Region
100%
Category
Ratio
North America
100.00%
Investment Style
No data is currently available
Top 10 Holdings
Symbol
Ratio
BRENT CRUDE FUTR May26
10.22%
GASOLINE RBOB FUT Apr26
10.18%
COFFEE 'C' FUTURE May26
9.79%
GOLD 100 OZ FUTR Apr26
8.34%
Low Su Gasoil G Mar26
6.95%
NY Harb ULSD Fut Apr26
6.27%
LIVE CATTLE FUTR Apr26
5.77%
CATTLE FEEDER FUT Mar26
5.06%
LME ZINC FUTURE Mar26
4.92%
WTI CRUDE FUTURE Apr26
4.50%
Top 10 Weight 72%
29 Total Holdings
Is SPY better than FAAR?
Dividends
Dividend Payout History
Declaration Date | Record Date | Payment Date | Amount |
|---|---|---|---|
| 2025-12-16 | 2025-12-16 | 2025-12-31 | 2.649 |
| 2025-09-25 | 2025-09-25 | 2025-09-30 | 0.176 |
| 2025-06-26 | 2025-06-26 | 2025-06-30 | 0.175 |
| 2025-03-27 | 2025-03-27 | 2025-03-31 | 0.153 |
| 2024-12-17 | 2024-12-17 | 2024-12-31 | 0.326 |
| 2024-09-26 | 2024-09-26 | 2024-09-30 | 0.201 |
| 2024-06-27 | 2024-06-27 | 2024-06-28 | 0.235 |
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How Much Does FAAR Pay in Dividends?
Premium/Discount Chart
Assets Under Management
Should I buy FAAR?
Fund Flows
