FAAR — First Trust Alternative Absolute Return Strategy ETF
First Trust Alternative Absolute Return Strategy ETF (FAAR)
FAAR pays a 1.86% distribution rate, quarterly, on a 0.98% expense ratio. Its Distribution Safety Score™ is 63 (Generally safe), giving a Safety-Adjusted Yield of 1.17%. Distributions fell 98.2% over the past year. Total return is 51.2% over the past 10.2 years, 295.2 points behind SPY at 346.4%. Its deepest 1-year drawdown was 10.6%.
First Trust Alternative Absolute Return Strategy ETF is an actively managed ETF that seeks long-term total return through long and short positions in exchange-traded commodity futures contracts, accessed via a Cayman Islands subsidiary. The fund carries a modest current distribution rate and pays distributions quarterly, with an expense ratio of 0.98%. It appeals to investors seeking alternative strategies and potential diversification through commodity exposure rather than traditional equity or bond holdings.
FAAR key facts
- Distribution Safety Score™
- 63 · Generally safe
- Safety-Adjusted Yield
- 1.17%
- Issuer
- First Trust
- Asset type
- ETF
- Asset class
- Equity
- Inception date
- 05/18/2016
- Expense ratio
- 0.98%
- Distribution rate
- 1.86%
- Distribution frequency
- Quarterly
- Trailing yield
- 9.96%
- Last close
- $30.91
- AUM
- $202,523,919
- Average volume
- 20100.0
- Last dividend
- $0.1440
- Ex-dividend date
- 06/25/2026
- Payment date
- 06/30/2026
- Beta
- 0.6
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