Price Chart
Key Statistics
Previous Close
$31.23Day Range
52-Week Range
Avg Volume
25.1KDividend Yield
9.67%Expense Ratio
0.98%AUM
$191.9MShares Outstanding
3.7METF 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 $191.9M 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 86.5% of the fund
| Rank | Symbol | Name | Weight % | Shares | Market Value |
|---|---|---|---|---|---|
| 1 | $USD | US Dollar | 45.10% | 0 | $141.9M |
| 2 | — | U.S. Treasury Bill, 0%, due 07/30/2026 | 6.35% | 0 | $20.0M |
| 3 | XBU6 | GASOLINE RBOB FUT Sep26 | 6.21% | 0 | $19.5M |
| 4 | HOU6 | NY Harb ULSD Fut Sep26 | 5.37% | 0 | $16.9M |
| 5 | — | U.S. Treasury Bill, 0%, due 08/18/2026 | 4.76% | 0 | $15.0M |
| 6 | — | U.S. Treasury Bill, 0%, due 09/03/2026 | 4.75% | 0 | $14.9M |
| 7 | BOZ6 | SOYBEAN OIL FUTR Dec26 | 4.39% | 0 | $13.8M |
| 8 | GCZ6 | GOLD 100 OZ FUTR Dec26 | 3.40% | 0 | $10.7M |
| 9 | FCQ6 | CATTLE FEEDER FUT Aug26 | 3.11% | 0 | $9.8M |
| 10 | NGU26 | NATURAL GAS FUTR Sep26 | 3.10% | 0 | $9.8M |
| 11 | SIU6 | SILVER FUTURE Sep26 | 2.68% | 0 | $8.4M |
| 12 | COV6 | BRENT CRUDE FUTR Oct26 | 2.16% | 0 | $6.8M |
| 13 | S X6 | SOYBEAN FUTURE Nov26 | 1.92% | 0 | $6.0M |
| 14 | KCU6 | COFFEE 'C' FUTURE Sep26 | 1.84% | 0 | $5.8M |
| 15 | LXU6 | LME ZINC FUTURE Sep26 | 1.75% | 0 | $5.5M |
Detailed Returns
| Period | Return | ETF |
|---|---|---|
| 1D | -0.26% | |
| 1W | -0.44% | |
| 1M | -1.36% | |
| 3M | -8.46% | |
| 6M | +5.12% | |
| YTD | +14.72% | |
| 1Y | +7.86% | |
| 3Y | +7.75% | |
| 5Y | +3.02% |
Moving Averages
$31.36
Below 20-Day MA$32.58
Below 50-Day MA$31.30
Below 200-Day MAPrice with Moving Averages
Support & Resistance
52-Week High
$34.34
Current Price
$31.15
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(767 ETFs) | Active(633 ETFs) |
|---|---|---|---|
| Fund Info | |||
| Expense Ratio | 0.98% | 0.67% | 0.81% |
| AUM | $191.9M | $3.27B | $355.3M |
| Dividend Yield | 9.67% | 4.72% | 6.78% |
| Avg Volume | 25.1K | 1.2M | 108.9K |
| Holdings | 37 | 230 | 81 |
| Performance | |||
| 1-Month Return | -1.46% | +0.44% | -1.39% |
| 6-Month Return | -6.93% | +8.18% | +3.73% |
| YTD Return | +15.10% | +7.08% | +3.25% |
| 1-Year Return | +2.81% | +6.95% | +1.47% |
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