First Trust Alternative Absolute Return Strategy ETF logo

First Trust Alternative Absolute Return Strategy ETF (FAAR)

Market Closed
16 Oct, 08:00 PM
NASDAQ (NMS) NASDAQ (NMS)
$
32. 78
+0.17
+0.509%
$
210.92M Market Cap
0.94% Div Yield
39,200 Volume
$ 32.61
Previous Close
Add Transaction
Day Range
32.45 32.79
Year Range
26.73 35.8
Want to track FAAR and more in your Portfolio? 🎯
Sign up for Marketlog, a portfolio tracker that will exceed your expectations!
FAAR: You Will Not Get Far Using This ETF

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 | 4 months ago