Price Chart
Key Statistics
Previous Close
$31.03Day Range
52-Week Range
Avg Volume
28.2KDividend Yield
9.67%Expense Ratio
0.98%AUM
$206.7MShares 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 $206.7M 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 87.0% of the fund
| Rank | Symbol | Name | Weight % | Shares | Market Value |
|---|---|---|---|---|---|
| 1 | — | US Dollar | 40.97% | 0 | $118.4M |
| 2 | — | GASOLINE RBOB FUT Oct26 | 7.13% | 0 | $20.6M |
| 3 | — | NY Harb ULSD Fut Oct26 | 5.97% | 0 | $17.3M |
| 4 | — | GOLD 100 OZ FUTR Dec26 | 5.38% | 0 | $15.5M |
| 5 | — | LME ZINC FUTURE Sep26 | 5.20% | 0 | $15.0M |
| 6 | — | SOYBEAN FUTURE Nov26 | 5.16% | 0 | $14.9M |
| 7 | — | CATTLE FEEDER FUT Sep26 | 4.72% | 0 | $13.7M |
| 8 | — | SOYBEAN OIL FUTR Dec26 | 4.50% | 0 | $13.0M |
| 9 | — | BRENT CRUDE FUTR Nov26 | 4.17% | 0 | $12.0M |
| 10 | — | SILVER FUTURE Dec26 | 3.81% | 0 | $11.0M |
| 11 | — | NATURAL GAS FUTR Oct26 | 3.43% | 0 | $9.9M |
| 12 | — | COFFEE 'C' FUTURE Dec26 | 2.78% | 0 | $8.0M |
| 13 | — | LIVE CATTLE FUTR Oct26 | 1.87% | 0 | $5.4M |
| 14 | — | LME PRI ALUM FUTR Sep26 | 1.83% | 0 | $5.3M |
| 15 | — | COPPER FUTURE Dec26 | 1.76% | 0 | $5.1M |
Detailed Returns
| Period | Return | ETF |
|---|---|---|
| 1D | -0.16% | |
| 1W | -0.59% | |
| 1M | -0.43% | |
| 3M | -8.68% | |
| 6M | +2.46% | |
| YTD | +13.92% | |
| 1Y | +4.59% | |
| 3Y | +6.55% | |
| 5Y | +3.84% |
Moving Averages
$31.06
Below 20-Day MA$31.39
Below 50-Day MA$31.38
Below 200-Day MAPrice with Moving Averages
Support & Resistance
52-Week High
$34.34
Current Price
$30.98
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(803 ETFs) | Active(633 ETFs) |
|---|---|---|---|
| Fund Info | |||
| Expense Ratio | 0.98% | 0.66% | 0.81% |
| AUM | $206.7M | $4.19B | $365.4M |
| Dividend Yield | 9.67% | 4.74% | 6.78% |
| Avg Volume | 28.2K | 809.5K | 105.7K |
| Holdings | 37 | 261 | 84 |
| Performance | |||
| 1-Month Return | -0.49% | +2.52% | +2.59% |
| 6-Month Return | -7.45% | +7.03% | +4.32% |
| YTD Return | +14.51% | +9.88% | +6.13% |
| 1-Year Return | +1.65% | +8.83% | +4.45% |
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