First Trust Alternative Absolute Return Strategy ETF (FAAR)
Market Closed
1 Sep, 20:00
NASDAQ (NMS) NASDAQ (NMS) Primary $
31. 24
+0.29
+0.9321%
After Hours
$
+0.09 +0.2926% 31. 33
199.58M Market Cap
0.94% Div Yield
23,914 Volume
$ 30.95
Previous Close 
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FAAR: You Will Not Get Far Using This ETF
First Trust Alternative Absolute Return Strategy ETF employs an active long-short commodities strategy aiming for absolute returns in any market environment. FAAR currently maintains a +54% net long exposure but can shift net exposures dynamically across commodity sectors using futures. Despite its flexible approach, FAAR has significantly underperformed peers over five years, with higher volatility (11.2% SD) and a steep 0.97% expense ratio.
Seekingalpha | 3 months ago
