First Trust Alternative Absolute Return Strategy ETF logo

First Trust Alternative Absolute Return Strategy ETF (FAAR)

Market Closed
17 Jul, 20:00
NASDAQ (NMS) NASDAQ (NMS)
$
31. 28
-0.06
-0.1914%
$
116M Market Cap
0.94% Div Yield
26,700 Volume
$ 31.34
Previous Close
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Day Range
31.26 32.1
Year Range
26.73 35.8
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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 | 1 month ago