FAAR — First Trust Alternative Absolute Return Strategy ETF
First Trust Alternative Absolute Return Strategy ETF (ticker: FAAR) is a commodity ETF issued by First Trust tracking ACTIVE - No Index. It was launched on 2016-05-18.
Live Price$31.33
Change0.06%
AUM$180.69M
Expense Ratio0.01%
Avg Volume127,019.846
Returns (Total Return)
| Period | Return |
|---|---|
| 1 Day | -0.46% |
| 1 Week | -0.35% |
| 1 Month | -5.45% |
| 3 Months | -6.58% |
| 6 Months | 13.12% |
| YTD | 15.59% |
| 1 Year | 11.25% |
| 3 Years | 18.38% |
| 5 Years | 26.47% |
| 10 Years | — |
| Since Inception | — |
Top Holdings
| # | Security | Symbol | Weight |
|---|---|---|---|
| 1 | US Dollar | $USD | 60.46% |
| 2 | US Dollar | $USD | 60.46% |
| 3 | US Dollar | $USD | 60.46% |
| 4 | US Dollar | $USD | 60.46% |
| 5 | US Dollar | $USD | 60.46% |
| 6 | US Dollar | $USD | 60.46% |
| 7 | US Dollar | $USD | 58.37% |
| 8 | US Dollar | $USD | 58.37% |
| 9 | US Dollar | $USD | 58.37% |
| 10 | US Dollar | $USD | 58.37% |
Fund Profile
| Issuer | First Trust |
|---|---|
| Brand | First Trust |
| Asset Class | commodity |
| Strategy | Active |
| Structure | Currency Pool |
| Category | Commodities |
| Segment | Alternatives: Hedge Fund Strategies |
| Region | Global |
| Index Tracked | ACTIVE - No Index |
| Inception Date | 2016-05-18 |
| Tax on Distributions | Ordinary income |
Quick Facts
| Ticker | FAAR |
|---|---|
| Full Name | First Trust Alternative Absolute Return Strategy ETF |
| Issuer | First Trust |
| Asset Class | commodity |
| Expense Ratio | 0.01% |
| AUM | $180.69M |
| Inception | 2016-05-18 |
| Index Tracked | ACTIVE - No Index |
Frequently Asked Questions
What does FAAR track?
FAAR (First Trust Alternative Absolute Return Strategy ETF) tracks ACTIVE - No Index, a commodity benchmark.
What is the expense ratio of FAAR?
FAAR has an expense ratio of 0.01% per year.
What is the AUM of FAAR?
FAAR has approximately $180.69M in assets under management.
Does FAAR pay a dividend?
FAAR distributes income according to its prospectus (Ordinary income tax treatment). Check the dividend history tab for ex-dividend dates and yield.
Who issues FAAR?
FAAR is issued by First Trust, launched on 2016-05-18.
Open the interactive FAAR dashboard for charts, historical fund flows, holdings breakdown and seasonality patterns.