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Trending ETFs

First Trust Alternative Absolute Return Strategy ETF

etf
FAAR
Dividend policy
Active
Price as of:
$29.16 +0.44 +0%
primary theme
Commodity
FAAR (ETF)

First Trust Alternative Absolute Return Strategy ETF

Dividend policy
Active
Price as of:
$29.16 +0.44 +0%
primary theme
Commodity
FAAR (ETF)
First Trust Alternative Absolute Return Strategy ETF
Dividend policy
Active
Price as of:
$29.16 +0.44 +0%
primary theme
Commodity

FAAR - Snapshot

Vitals

  • YTD Return 6.9%
  • 3 Yr Annualized Return 1.4%
  • 5 Yr Annualized Return N/A
  • Net Assets $83.3 M
  • Holdings in Top 10 19.8%

52 WEEK LOW AND HIGH

$28.73
$24.77
$29.71

Expenses

OPERATING RELATED FEES

  • Expense Ratio 0.95%

SALES FEES

  • Front Load N/A
  • Deferred Load N/A

BROKERAGE FEES

  • Turnover 0.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

  • Standard (Taxable) N/A
  • IRA N/A

Fund Classification

  • Primary Theme Commodity
  • Fund Type Exchange Traded Fund
  • Investment Style Commodities Broad Basket

Compare FAAR to Popular Commodity Funds

Overview

Next Dividend

Income Profile

Income Risk

Returns Profile

Allocations

Expenses

About

Dividend.com Ratings*

$6.59

+1.23%

$4.11 B

1.41%

$0.09

blocked
blocked
blocked

11.51%

1.50%

$5.87

+1.73%

$2.73 B

0.66%

$0.04

blocked
blocked
blocked

18.83%

1.01%

$10.28

+1.48%

$1.85 B

1.40%

$0.14

blocked
blocked
blocked

11.26%

1.19%

$5.96

+1.36%

$1.30 B

0.34%

$0.02

blocked
blocked
blocked

9.96%

0.41%

$20.97

+0.05%

$104.19 M

11.21%

$2.35

blocked
blocked
blocked

-11.48%

1.42%

Compare FAAR to Popular Commodity ETFs

Overview

Next Dividend

Income Profile

Income Risk

Returns Profile

Allocations

Expenses

About

Dividend.com Ratings*

$6.30

-0.63%

$90.81 M

29.73%

$1.88

blocked
blocked
blocked

-4.26%

-

$5.07

+1.20%

$83.96 M

63.28%

$3.17

blocked
blocked
blocked

8.57%

-

$29.16

+1.51%

$83.34 M

2.89%

$0.83

blocked
blocked
blocked

6.89%

0.95%

$8.65

-0.12%

$80.06 M

16.44%

$1.42

blocked
blocked
blocked

-10.92%

-

FAAR - Profile

Distributions

  • YTD Total Return 6.9%
  • 3 Yr Annualized Total Return 1.4%
  • 5 Yr Annualized Total Return N/A
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 0.88%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Quarterly

Fund Details

  • Legal Name
    First Trust Alternative Absolute Return Strategy ETF
  • Fund Family Name
    First Trust
  • Inception Date
    May 18, 2016
  • Shares Outstanding
    2900002
  • Share Class
    N/A
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Rob Guttschow

Fund Description

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 will not invest directly in Commodity Futures. The advisor expects to gain 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. It is non-diversified.


FAAR - Performance

Return Ranking - Trailing

Period FAAR Return Category Return Low Category Return High Rank in Category (%)
YTD 6.9% -11.6% 342.7% 76.68%
1 Yr 16.9% -88.7% 72.4% 69.60%
3 Yr 1.4%* -47.9% 57.6% 45.54%
5 Yr N/A* -39.9% 54.0% N/A
10 Yr N/A* -29.8% 10.9% N/A

* Annualized

Return Ranking - Calendar

Period FAAR Return Category Return Low Category Return High Rank in Category (%)
2020 5.3% -87.8% 612.3% 39.37%
2019 -2.3% -88.2% 53.9% 87.21%
2018 -9.7% -42.9% 323.8% 25.29%
2017 2.1% -37.6% 55.7% 45.57%
2016 N/A -34.9% 49.2% N/A

Total Return Ranking - Trailing

Period FAAR Return Category Return Low Category Return High Rank in Category (%)
YTD 6.9% -11.6% 342.7% 76.68%
1 Yr 16.9% -88.7% 72.4% 65.64%
3 Yr 1.4%* -47.9% 57.6% 42.72%
5 Yr N/A* -39.9% 54.0% N/A
10 Yr N/A* -29.8% 10.9% N/A

* Annualized

Total Return Ranking - Calendar

Period FAAR Return Category Return Low Category Return High Rank in Category (%)
2020 5.3% -87.8% 295.5% 38.01%
2019 -2.3% -88.2% 53.9% 88.58%
2018 -9.7% -42.9% 208.1% 25.29%
2017 2.1% -37.6% 55.7% 60.13%
2016 N/A -34.9% 49.2% N/A

FAAR - Holdings

Concentration Analysis

FAAR Category Low Category High FAAR % Rank
Net Assets 83.3 M 198 K 61.3 B 58.44%
Number of Holdings 2 1 666 90.32%
Net Assets in Top 10 16.5 M 570 K 61.3 B 89.68%
Weighting of Top 10 19.75% 12.3% 100.0% 99.12%

Top 10 Holdings

  1. Ft Cayman Subsidiary Iii 22.83%
  2. Ft Cayman Subsidiary Iii 22.83%
  3. Ft Cayman Subsidiary Iii 22.83%
  4. Ft Cayman Subsidiary Iii 22.83%
  5. Ft Cayman Subsidiary Iii 22.83%
  6. Ft Cayman Subsidiary Iii 22.83%
  7. Ft Cayman Subsidiary Iii 22.83%
  8. Ft Cayman Subsidiary Iii 22.83%
  9. Ft Cayman Subsidiary Iii 22.83%
  10. Ft Cayman Subsidiary Iii 22.83%

Asset Allocation

Weighting Return Low Return High FAAR % Rank
Cash
80.25% -91.53% 100.00% 11.61%
Other
19.75% 0.00% 119.71% 67.10%
Stocks
0.00% -1.68% 48.85% 58.71%
Preferred Stocks
0.00% 0.00% 0.00% 53.55%
Convertible Bonds
0.00% 0.00% 3.99% 68.39%
Bonds
0.00% -2.31% 91.66% 81.29%

FAAR - Expenses

Operational Fees

FAAR Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.95% 0.01% 17.60% 52.22%
Management Fee 0.95% 0.00% 1.75% 88.31%
12b-1 Fee 0.00% 0.00% 1.00% 8.82%
Administrative Fee N/A 0.04% 0.45% N/A

Sales Fees

FAAR Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 2.50% 5.75% N/A
Deferred Load N/A 1.00% 4.00% N/A

Trading Fees

FAAR Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 2.00% 2.00% N/A

Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

FAAR Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 0.00% 0.00% 286.01% 29.73%

FAAR - Distributions

Dividend Yield Analysis

FAAR Category Low Category High FAAR % Rank
Dividend Yield 0.03% 0.00% 14.67% 2.17%

Dividend Distribution Analysis

FAAR Category Low Category High Category Mod
Dividend Distribution Frequency Quarterly Annually Annually Annually

Net Income Ratio Analysis

FAAR Category Low Category High FAAR % Rank
Net Income Ratio 0.88% -55.71% 60.36% 40.67%

Capital Gain Distribution Analysis

FAAR Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Daily Annually

Dividend Payout History

View More +

FAAR - Fund Manager Analysis

Managers

Rob Guttschow


Start Date

Tenure

Tenure Rank

May 18, 2016

4.79

4.8%

Rob A. Guttschow, CFA, is a senior portfolio manager for the Alternatives Investment Team at First Trust Advisors L.P. Prior to joining First Trust in July 2011, Mr. Guttschow was co-Chief Investment Officer at the Nuveen HydePark Group LLC where he started in 2007. While at Nuveen HydePark Group LLC, Mr. Guttschow co-directed investment activities including research, product development, trading, portfolio management and performance attribution. Previously, Mr. Guttschow was an Overlay Manager and Senior Portfolio Manager at Nuveen Asset Management. While there, he developed Nuveen’s buy-side derivative desk for fixed income and equity portfolio hedging. He was born in 1968 and earned a B.S. in Materials/Ceramic Engineering and a MBA from the University of Illinois in Urbana/Champaign.

John Gambla


Start Date

Tenure

Tenure Rank

May 18, 2016

4.79

4.8%

John W. Gambla, CFA, FRM, PRM, is a senior portfolio manager for the Alternatives Investment Team at First Trust Advisors L.P. Prior to joining First Trust in July 2011, he was co-Chief Investment Officer at the Nuveen HydePark Group LLC where he started in 2007. While at Nuveen HydePark Group LLC, he co-directed investment activities including research, product development, trading, portfolio management and performance attribution. John also led the research systems and infrastructure development for Nuveen HydePark Group LLC. Previously, he was a Senior Trader and Quantitative specialist at Nuveen Asset Management. While there, he was responsible for trading all derivatives for the 120+ municipal mutual funds with Nuveen Asset Management. John W. Gambla, has served in a variety of roles throughout his career including: portfolio management, research, business development and strategy development. He was born in 1966 and earned a B.S. in Genetics and Developmental Biology and a B.A. in Finance from the University of Illinois at Urbana/Champaign and an MBA from the University Of Chicago Booth School Of Business.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.09 16.29 6.62 3.12