Price Chart
Key Statistics
Previous Close
$32.15Day Range
52-Week Range
Avg Volume
37.5KDividend Yield
9.67%Expense Ratio
0.98%AUM
$217.4MShares Outstanding
6.4METF Grades
?ETF Grades compare this fund against others in the same category using percentile rankings across six factors. Grades range from A+ (top 5%) to F (bottom 20%). Updated daily.Sector Breakdown
| Sector | Weight % |
|---|---|
| Financial Services | 100.00% |
Country Allocation
| Country | Weight % |
|---|---|
| Other | 100.00% |
Fund Information
- Issuer
- First Trust
- Category
- Financial Services
- Types
- ActiveLong-Term Bond
- Inception Date
- May 18, 2016
- Exchange
- NASDAQ
- Description
- The First Trust Alternative Absolute Return Strategy ETF is an actively managed exchange-traded fund that seeks to provide investors with long-term total return.
Similar ETFs
The First Trust Alternative Absolute Return Strategy ETF (FAAR) is an exchange-traded fund issued by First Trust that launched on May 18, 2016. It currently manages $217.4M in assets under management. The fund charges an expense ratio of 0.98%. The fund holds 37 securities in its portfolio. It falls under the Financial Services category.
Top 10 holdings represent 109.4% of the fund
| Rank | Symbol | Name | Weight % | Shares | Market Value |
|---|---|---|---|---|---|
| 1 | — | US Dollar | 49.58% | 122,299,860 | $122.3M |
| 2 | — | GASOLINE RBOB FUT Nov26 | 9.28% | 170 | $22.9M |
| 3 | — | LME ZINC FUTURE Dec26 | 8.02% | 204 | $19.8M |
| 4 | — | SOYBEAN FUTURE Nov26 | 7.78% | 288 | $19.2M |
| 5 | — | NATURAL GAS FUTR Nov26 | 6.91% | 572 | $17.0M |
| 6 | — | GOLD 100 OZ FUTR Dec26 | 6.25% | 35 | $15.4M |
| 7 | — | BRENT CRUDE FUTR Nov26 | 6.20% | 142 | $15.3M |
| 8 | — | NY Harb ULSD Fut Nov26 | 5.86% | 71 | $14.5M |
| 9 | — | SILVER FUTURE Dec26 | 5.40% | 41 | $13.3M |
| 10 | — | COFFEE 'C' FUTURE Dec26 | 4.12% | 94 | $10.2M |
| 11 | — | WTI CRUDE FUTURE Nov26 | 3.63% | 91 | $9.0M |
| 12 | — | SUGAR #11 (WORLD) Mar27 | 3.25% | 362 | $8.0M |
| 13 | — | CATTLE FEEDER FUT Oct26 | 2.92% | 44 | $7.2M |
| 14 | — | BRENT CRUDE FUTR Dec26 | 2.00% | 48 | $4.9M |
| 15 | — | LME PRI ALUM FUTR Dec26 | 1.97% | 59 | $4.9M |
Detailed Returns
| Period | Return | ETF |
|---|---|---|
| 1D | -0.45% | |
| 1W | +1.46% | |
| 1M | +3.03% | |
| 3M | -3.12% | |
| 6M | -4.72% | |
| YTD | +17.67% | |
| 1Y | +6.26% | |
| 3Y | +7.72% | |
| 5Y | +7.83% |
Moving Averages
$31.31
Above 20-Day MA$31.22
Above 50-Day MA$31.45
Above 200-Day MAPrice with Moving Averages
Support & Resistance
52-Week High
$34.34
Current Price
$32.00
52-Week Low
$26.79
Current Yield
9.67%
Annual Dividend
$3.1084
Frequency
Quarterlyx/year
Last Ex-Date
Mar 26, 2026
Dividend History
| Ex-Date | Amount | Pay Date |
|---|---|---|
| Mar 26, 2026 | $0.1087 | Mar 31, 2026 |
| Dec 16, 2025 | $2.6485 | Dec 31, 2025 |
| Sep 25, 2025 | $0.1759 | Sep 30, 2025 |
| Jun 26, 2025 | $0.1753 | Jun 30, 2025 |
| Mar 27, 2025 | $0.1533 | Mar 31, 2025 |
| Dec 17, 2024 | $0.3264 | Dec 31, 2024 |
| Sep 26, 2024 | $0.2010 | Sep 30, 2024 |
| Jun 27, 2024 | $0.2352 | Jun 28, 2024 |
| Mar 21, 2024 | $0.2032 | Mar 28, 2024 |
| Dec 15, 2023 | $0.2566 | Dec 29, 2023 |
| Sep 22, 2023 | $0.2297 | Sep 29, 2023 |
| Jun 27, 2023 | $0.2293 | Jun 30, 2023 |
| Mar 24, 2023 | $0.1588 | Mar 31, 2023 |
| Dec 15, 2022 | $1.7361 | Dec 30, 2022 |
| Dec 15, 2022 | $1.7360 | Dec 30, 2022 |
| Jun 24, 2022 | $0.0030 | Jun 30, 2022 |
| Jun 24, 2022 | $0.0028 | Jun 30, 2022 |
| Dec 23, 2021 | $1.8614 | Dec 31, 2021 |
| Dec 23, 2021 | $1.8610 | Dec 31, 2021 |
| Jun 24, 2021 | $0.0054 | Jun 30, 2021 |
Dividend Payments Over Time
Category Comparison
| Metric | FAAR | Financial Services(845 ETFs) | Active(633 ETFs) |
|---|---|---|---|
| Fund Info | |||
| Expense Ratio | 0.98% | 0.64% | 0.81% |
| AUM | $217.4M | $3.31B | $380.4M |
| Dividend Yield | 9.67% | 4.74% | 6.78% |
| Avg Volume | 37.5K | 728.2K | 108.4K |
| Holdings | 37 | 261 | 85 |
| Performance | |||
| 1-Month Return | +3.52% | -0.85% | -1.30% |
| 6-Month Return | -5.17% | +3.84% | +0.97% |
| YTD Return | +18.06% | +8.72% | +5.11% |
| 1-Year Return | — | +7.81% | +4.32% |
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