First Trust Alternative Absolute Return Strategy ETF (FAAR)

Delayed Data
As of Dec 18
 -0.1858 / -0.70%
Today’s Change
Today|||52-Week Range
FAAR Regular Dividend: FAAR began trading ex-dividend on 12/18/18. A $0.1407 dividend will be paid to shareholders of record as of 12/19/18.

Investment Objective

The investment seeks to provide investors with long-term total return. 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 will not invest directly in Commodity Futures. The advisor expects to gain 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. It is non-diversified.

No recent news for First Trust Alternative Absolute Return Strategy ETF.


1 month-1.16% 3 years--
3 months-7.81% 5 years--
1 year-7.91% Since inception-3.47%
Data through 12/19/2018

Quote Details

Previous close$26.65
Open day’s range26.44 – 26.51
Net asset value (NAV)26.47 (12/18/2018)
Daily volume4,183
Average volume (3 months)11,138
Data as of 3:25pm ET, 12/18/2018

Peer Comparisonvs. Commodities broad basket ETFs

Performance 5-yr return---6.76%
Expense Gross exp ratio0.95%1.29%
Risk 5 year sharpe ratio---0.65
Net assets$18.6M$854.5M
Average market cap----
Average P/E----
Dividend / Share--0.86%


No competitors data available.


Top 5 Sectors
Portfolio weighting
Business service --
Consumer goods --
Consumer service --
Energy --
Financial service --
Top 10 Holdings
Portfolio weighting
-- 17.17%
-- 2.66%