Price Chart
Key Statistics
Previous Close
$33.25Day Range
52-Week Range
Avg Volume
29.7KDividend Yield
9.67%Expense Ratio
0.98%AUM
$180.1MShares 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 $180.1M 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 73.8% of the fund
| Rank | Symbol | Name | Weight % | Shares | Market Value |
|---|---|---|---|---|---|
| 1 | $USD | US Dollar | 28.19% | 0 | $95.4M |
| 2 | — | U.S. Treasury Bill, 0%, due 06/16/2026 | 5.91% | 0 | $20.0M |
| 3 | — | U.S. Treasury Bill, 0%, due 07/30/2026 | 5.88% | 0 | $19.9M |
| 4 | BOZ6 | SOYBEAN OIL FUTR Dec26 | 5.46% | 0 | $18.5M |
| 5 | COU6 | BRENT CRUDE FUTR Sep26 | 5.40% | 0 | $18.3M |
| 6 | XBQ6 | GASOLINE RBOB FUT Aug26 | 5.29% | 0 | $17.9M |
| 7 | GCQ6 | GOLD 100 OZ FUTR Aug26 | 4.50% | 0 | $15.2M |
| 8 | — | U.S. Treasury Bill, 0%, due 07/14/2026 | 4.42% | 0 | $15.0M |
| 9 | — | U.S. Treasury Bill, 0%, due 08/18/2026 | 4.40% | 0 | $14.9M |
| 10 | — | U.S. Treasury Bill, 0%, due 09/03/2026 | 4.40% | 0 | $14.9M |
| 11 | SMZ6 | SOYBEAN MEAL FUTR Dec26 | 3.90% | 0 | $13.2M |
| 12 | NGQ26 | NATURAL GAS FUTR Aug26 | 3.19% | 0 | $10.8M |
| 13 | LCQ6 | LIVE CATTLE FUTR Aug26 | 3.10% | 0 | $10.5M |
| 14 | SIN6 | SILVER FUTURE Jul26 | 2.93% | 0 | $9.9M |
| 15 | LAU26 | LME PRI ALUM FUTR Sep26 | 2.92% | 0 | $9.9M |
Detailed Returns
| Period | Return | ETF |
|---|---|---|
| 1D | -0.21% | |
| 1W | -0.60% | |
| 1M | -3.07% | |
| 3M | -1.34% | |
| 6M | +22.52% | |
| YTD | +21.85% | |
| 1Y | +16.45% | |
| 3Y | +16.86% | |
| 5Y | +7.63% |
Moving Averages
$33.75
Below 20-Day MA$33.82
Below 50-Day MA$31.07
Above 200-Day MAPrice with Moving Averages
Support & Resistance
52-Week High
$34.34
Current Price
$33.18
52-Week Low
$26.79
Current Yield
9.67%
Annual Dividend
$3.1530
Frequency
4x/year
Last Ex-Date
Dec 16, 2025
Dividend History
| Ex-Date | Amount | Pay Date |
|---|---|---|
| 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 |
| Jun 24, 2022 | $0.0028 | Jun 30, 2022 |
| Dec 23, 2021 | $1.8614 | Dec 31, 2021 |
| Jun 24, 2021 | $0.0054 | Jun 30, 2021 |
| Dec 24, 2020 | $0.8214 | Dec 31, 2020 |
| Jun 25, 2020 | $0.0092 | Jun 30, 2020 |
| Dec 13, 2019 | $0.2647 | Dec 31, 2019 |
| Dec 18, 2018 | $0.1407 | Dec 31, 2018 |
Dividend Payments Over Time
Category Comparison
| Metric | FAAR | Financial Services(759 ETFs) | Active(633 ETFs) |
|---|---|---|---|
| Fund Info | |||
| Expense Ratio | 0.98% | 0.67% | 0.81% |
| AUM | $180.1M | $4.12B | $346.1M |
| Dividend Yield | 9.67% | 4.76% | 6.78% |
| Avg Volume | 29.7K | 1.8M | 137.6K |
| Holdings | 37 | 264 | 82 |
| Performance | |||
| 1-Month Return | -2.57% | +1.06% | -0.70% |
| 6-Month Return | +9.90% | +5.76% | +1.80% |
| YTD Return | +22.25% | +8.14% | +4.42% |
| 1-Year Return | +19.52% | +13.66% | +9.11% |
Compare with Another ETF
Search for an ETF to compare with FAAR:
The Beginner's Guide to ETFs
20 pages. Zero fluff. Everything you need to start investing in ETFs.
No spam. Unsubscribe anytime.