First Trust Alternative Absolute Return Strategy ETF (FAAR)
Description
The FAAR ETF contains 0 constituents. It is focused on holdings in the region.
Price $31.86 as of 2022-10-21Cost/Risk/Yield
| Dividend yield | 5.85% |
| Expense ratio | 0.95% |
| Average spread | 0.565% |
| 1Y roundtrip cost | 1.515% |
Historic prices
Total Returns (including dividends)
Monthly returns heatmap
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2022 | 4.2% | 6.1% | 6.5% | 3.4% | -1.7% | -3.1% | -1.7% | -1.0% | -4.3% | 2.5% | 11.0% | ||
| 2021 | 0.5% | 4.7% | 0.6% | 3.4% | 3.0% | -1.1% | -0.3% | -2.3% | 3.3% | 2.5% | -6.0% | 3.9% | 12.2% |
| 2020 | -2.1% | -0.2% | 0.1% | -0.4% | 2.3% | 1.4% | 2.7% | 0.5% | -1.2% | -1.3% | 3.0% | 3.7% | 8.5% |
| 2019 | 0.3% | 0.7% | -0.2% | 1.4% | -1.8% | 0.1% | -0.0% | -0.1% | -1.6% | 0.7% | -1.3% | 0.6% | -1.2% |
| 2018 | 0.2% | -1.5% | 1.3% | 1.4% | -0.3% | -1.8% | -1.8% | 0.7% | 0.4% | -5.5% | -2.2% | -0.3% | -9.4% |
| 2017 | 0.6% | 0.5% | -0.1% | 1.5% | 0.5% | -1.3% | -2.4% | 2.8% | 0.4% | 1.6% | -0.8% | 1.7% | 5.0% |
| 2016 | -1.4% | -0.3% | -1.0% | 0.2% | -0.6% | -0.1% | -1.1% | -4.3% | |||||
| 3.7% | 10.2% | 8.1% | 10.8% | 2.1% | -7.1% | -3.8% | -0.3% | -2.7% | -0.2% | -7.4% | 8.5% |
Historical Dividends
Monthly dividend heatmap
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2022 | 0.00 | 0.00 | |||||||||||
| 2021 | 0.01 | 1.86 | 1.87 | ||||||||||
| 2020 | 0.01 | 0.82 | 0.83 | ||||||||||
| 2019 | 0.27 | 0.27 | |||||||||||
| 2018 | 0.01 | 0.14 | 0.15 | ||||||||||
| 2017 | 0.83 | 0.83 | |||||||||||
| 0.00 | 0.00 | 0.01 | 0.00 | 0.00 | 0.02 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 3.92 |
Sectors and Top Holdings
| Security | % Assets |
|---|---|
| Cash Component | 69.52% |
| Top 1 Weights | 69.52% |
Compare with similar ETFs
| FAAR | HDIV | HSMV | KMLM | PALC | SSUS | |
|---|---|---|---|---|---|---|
| Product name | First Trust Alternative Absolute Return Strategy ETF | High Dividend Yield ETF | First Trust Horizon Managed Volatility Small/Mid ETF | KFA Mount Lucas Index Strategy ETF | Pacer Lunt Large Cap Multi-Factor Alternator ETF | Day Hagan/Ned Davis Research Smart Sector ETF |
| Issuer | First Trust | QRAFT | First Trust | KraneShares | Pacer | Day Hagan |
| Price | $31.86 | $27.983 | $28.7342 | $39.1 | $33.048 | $29.54 |
| Expense Ratio | 0.95% |  0.75% | 0.8% | 0.9% | 0.6% | 0.81% |
| Average Spread | 0.565% | 0.250% | 0.139% | 0.281% | 0.212% | 0.203% |
| AUM | $125,834,000 | $4,893,700 | $12,935,000 | $43,284,600 | $115,190,000 | $274,490,000 |
| Shares | 3,949,606 | 174,881 | 450,161 | 1,107,023 | 3,485,537 | 9,292,156 |
| Average Daily Volume | 69,447 | 680 | 879 | 159,878 | 74,960 | 73,480 |
| Home page | Visit external site | Visit external site | Visit external site | Visit external site | Visit external site | Visit external site |
| Inception Date | 2016-05-18 | 2020-02-27 | 2020-04-06 | 2020-12-02 | 2020-06-24 | 2020-01-17 |
| Index Tracked | No Underlying Index | No Underlying Index | No Underlying Index | No Underlying Index | Lunt Capital U.S. Large Cap Multi-Factor Rotation Index | No Underlying Index |
| Category | Commodities | Large Cap Growth Equities | Small Cap Blend Equities | Long-Short | Large Cap Growth Equities | Large Cap Growth Equities |
| Asset Class | Commodity | Equity | Equity | Alternatives | Equity | Equity |
| Asset Class Size | Large Caps | Mid Caps | Large Caps | Large Caps | ||
| Value or Growth | Blend | Blend | Growth | Blend | ||
| Region | North America | North America | North America | North America | ||
| Countries | Broad | U.S. | U.S. | Broad | U.S. | U.S. |
| Annual Dividend Rate | $1.864 | $0.694 | $0.37 | $1.838 | $0.459 | $0.205 |
| Annual Dividend Yield | 0.059% | 0.025% | 0.013% | 0.047% | 0.014% | 0.007% |
| Number of Holdings | 0 | 102 | 200 | 0 | 183 | 498 |
| YTD Return | 10.77% | -11.75% | -16.59% | 47.55% | -20.17% | -20.66% |
| Beta | 0.24 | 0.77 | 0.90 | -0.43 | 1.01 | 0.72 |
| Upside Beta | 0.08 | 0.63 | 0.63 | 0.67 | 0.61 | 0.45 |
| Downside Beta | 0.14 | 0.18 | 0.00 | 0.80 | -0.12 | 0.11 |
| Volatility 1Y | 14.98% | 15.77% | 18.99% | 21.49% | 21.34% | 17.51% |
| Sharpe Ratio 3Y | 1.15 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Treynor Ratio 3Y | 0.05 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |