First Trust Alternative Absolute Return Strategy ETF
Ticker
FAAR
ISIN
US33740Y101
Price
USD 30.06
Change Today
+0.04 / 0.15 %
Price 1 year ago
29.12 / 3.21 %
Morningstar
3
52 Week Low
28.99
52 Week High
30.06
200 Day Moving Average 29.49
29.49
50-day Moving Average
29.49
Price evolution
Yearly returns
Peers comparison
Risk factors
1 year
| Parameter | Value |
|---|
1 year
| Parameter | Value |
|---|
History
| Parameter | Value |
|---|---|
| Average Annual Return | 2.033% |
| Average Annual Volatility | 4.317% |
| Sharpe Ratio | 0.47 |
| Sortino Ratio | -0.06 |
| Maximum Drawdown | -3.0% |
| Maximum Drawdown Date | 2026-02-02 |
| Calmar Ratio | -14.38 |
Company information
Summary
The fund is an actively managed exchange-traded fund that seeks to achieve long-term total return through long and short investments in exchange-traded commodity futures contracts ("Commodity Futures") through a wholly-owned subsidiary of the fund organized under the laws of the Cayman Islands (the "Subsidiary"). It does not invest directly in Commodity Futures. The advisor gains exposure to these investments exclusively by investing in the Subsidiary. The Subsidiary is advised by First Trust Advisors L.P., the fund's investment advisor.
Market
US
Category
Commodities Broad Basket
Expense Ratio
0.95%
Fund family
First Trust
Morningstar
3
Yield
0.0279
Exchange
NGM
| Sector | Weight |
|---|
None
Holdings
NoneAlternative funds
| Ticker | Name | Isin | Exchange | Expenses | Morningstar | Alpha | Beta |
|---|---|---|---|---|---|---|---|
| CCOR | Core Alternative ETF | US53656F847 | PCX | 1.07% | 4 | +0.63 | |
| IE00B3LJVG97.IR | Man Funds VI plc-Man GLG Alpha Select Alternative | IE00B3LJVG97 | YHD | 2.45% | 5 | +8.87 | +0.01 |
| IE00B56SX814.IR | FundLogic Alternatives plc - Emerging Markets Equity Fund | IE00B56SX814 | YHD | 0.20% | 4 | -0.96 | +0.98 |
| IE00B6VLJM88.IR | GAM Star Fund plc - GAM Systematic Alternative Risk Premia | IE00B6VLJM88 | YHD | 4 | -1.04 | -0.31 | |
| IE00B7W7KK61.IR | Aberdeen Alternative Strategies A USD | IE00B7W7KK61 | YHD | 5 | |||
| IE00B96W7D41.IR | FundLogic Alternatives plc - MS Dalton Asia Pacific UCITS Fund | IE00B96W7D41 | YHD | 3.59% | 5 | CS Invm Fds 2 - Credit Suisse (Lux) Small and Mid Cap Alpha Long/Short Fund IBH USD | |
| IE00BXRTL637.IR | Legg Mason Alternative Funds ICAV - EnTrustPermal Alternative Income Strate | IE00BXRTL637 | YHD | 4 | |||
| MJIN | ETFMG 2X Daily Inverse Alternative Harvest ETF | US26924G698 | PCX | 1.02% | 5 |
Sustainability scores
Events
Indicators
Glossary
- Momentum
- A technical indicator that measures the rate of change in price movements over a specific period. It indicates the strength or weakness of a price trend.
Assessment: A positive momentum value generally indicates a good trend, while a negative value suggests a weak or downward trend. - Inertia
- In trading, inertia refers to the tendency of prices to continue moving in their current direction. It suggests that an asset's price will likely maintain its current trend.
Assessment: A higher inertia value is generally considered good, as it indicates a strong and sustained price trend. - Relative Strength Index (RSI)
- A momentum oscillator that measures the speed and change of price movements. It helps identify overbought or oversold conditions in an asset.
Assessment: An RSI value above 70 is typically considered overbought and may suggest a potential reversal or correction. Conversely, an RSI value below 30 is often considered oversold, indicating a possible upward price correction. - Fibonacci's Weighted Moving Average
- A technical indicator that assigns different weights to recent data points, giving more significance to recent prices. It helps smooth out price fluctuations and identify trend reversals.
Assessment: The interpretation of the Fibonacci's Weighted Moving Average value depends on its comparison to other moving averages or trendlines. A value above 50 may indicate an uptrend, while a value below 50 may suggest a downtrend. - Williams %R
- A momentum indicator that measures overbought or oversold conditions in an asset. It shows the relationship of the current closing price to the high-low range over a specified period.
Assessment: Williams %R values above -20 are typically considered overbought and may indicate a potential price reversal. Values below -80 are often viewed as oversold, suggesting a potential price bounce. - Relative Volatility Index (RVI)
- A technical indicator that measures the volatility of a security by comparing the magnitude of recent price movements to the magnitude of average price changes. It helps identify periods of high or low volatility.
Assessment: A higher RVI value suggests higher volatility, which can provide trading opportunities but also carries increased risk. - Commodity Channel Index (CCI)
- A versatile indicator that measures the current price level relative to an average price level over a given period. It helps identify overbought or oversold conditions and potential trend reversals.
Assessment: CCI values above 100 are often considered overbought, indicating a potential price correction or reversal. Values below -100 are typically viewed as oversold, suggesting a potential price rebound.