FAAR
·NASDAQ
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Key Stats
Assets Under Management
121.59MUSD
Fund Flows (1Y)
28.26MUSD
Dividend Yield
11.63%
Discount/Premium to NAV
-0.08%
Shares Outstanding
4.50M
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 | -11.00% | -9.73% | -3.76% | -3.01% | -8.72% | -0.95% |
NAV Total Return | -1.64% | -0.76% | +7.79% | +8.87% | +10.22% | +36.36% |
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
GASOLINE RBOB FUT Feb26
10.01%
COFFEE 'C' FUTURE Mar26
9.84%
LME ZINC FUTURE Mar26
7.66%
BRENT CRUDE FUTR Mar26
7.17%
NATURAL GAS FUTR Feb26
6.77%
GOLD 100 OZ FUTR Feb26
5.78%
Low Su Gasoil G Feb26
5.41%
CATTLE FEEDER FUT Mar26
4.54%
NY Harb ULSD Fut Feb26
4.48%
LIVE CATTLE FUTR Feb26
3.95%
Top 10 Weight 65.61%
25 Total Holdings
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 |
Show more
Premium/Discount Chart
Premium/Discount to NAV
Price
1M
Assets Under Management
Assets Under Management
1M
Fund Flows
Inflows
Outflows
1M
