First Trust Alternative Absolute Return Strategy ETF (FAAR)

27.01
Delayed Data
As of 9:30am ET
 +0.18 / +0.67%
Today’s Change
26.33
Today|||52-Week Range
31.50
+1.93%
Year-to-Date

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.

Performance

1 month+1.32% 3 years--
3 months-0.50% 5 years--
1 year-7.38% Since inception-2.93%
Data through 02/20/2019

Quote Details

Previous close$26.83
Open day’s range27.01 – 27.01
Net asset value (NAV)26.72 (02/19/2019)
Daily volume231
Average volume (3 months)13,370
Data as of 9:30am ET, 02/20/2019

Peer Comparisonvs. Commodities broad basket ETFs

 FAARCategory
Performance 5-yr return---8.77%
Expense Gross exp ratio0.95%1.29%
Risk 5 year sharpe ratio---0.62
Net assets$18.5M$789.0M
Average market cap----
Average P/E----
Dividend / Share--0.92%

Competitors

No competitors data available.

Holdings

Top 5 Sectors
Portfolio weighting
Business service --
Consumer goods --
Consumer service --
Energy --
Financial service --
Top 10 Holdings
Portfolio weighting
Holdings not available.