S&P 500   4,549.34
DOW   36,054.43
QQQ   385.05
14 best consumer staples dividend stocks
All the trading advice you’ve ever received boils down to this (Ad)
Ex dividend date vs record date: What’s the difference?
How to find blue-chip dividend stocks
All the trading advice you’ve ever received boils down to this (Ad)
What is the consumer staples sector?
6 best online and direct marketing retail stocks to invest in
All the trading advice you’ve ever received boils down to this (Ad)
What does consumer price index measure?
Last chance to set up your portfolio for OPEC cuts
S&P 500   4,549.34
DOW   36,054.43
QQQ   385.05
14 best consumer staples dividend stocks
All the trading advice you’ve ever received boils down to this (Ad)
Ex dividend date vs record date: What’s the difference?
How to find blue-chip dividend stocks
All the trading advice you’ve ever received boils down to this (Ad)
What is the consumer staples sector?
6 best online and direct marketing retail stocks to invest in
All the trading advice you’ve ever received boils down to this (Ad)
What does consumer price index measure?
Last chance to set up your portfolio for OPEC cuts
S&P 500   4,549.34
DOW   36,054.43
QQQ   385.05
14 best consumer staples dividend stocks
All the trading advice you’ve ever received boils down to this (Ad)
Ex dividend date vs record date: What’s the difference?
How to find blue-chip dividend stocks
All the trading advice you’ve ever received boils down to this (Ad)
What is the consumer staples sector?
6 best online and direct marketing retail stocks to invest in
All the trading advice you’ve ever received boils down to this (Ad)
What does consumer price index measure?
Last chance to set up your portfolio for OPEC cuts
S&P 500   4,549.34
DOW   36,054.43
QQQ   385.05
14 best consumer staples dividend stocks
All the trading advice you’ve ever received boils down to this (Ad)
Ex dividend date vs record date: What’s the difference?
How to find blue-chip dividend stocks
All the trading advice you’ve ever received boils down to this (Ad)
What is the consumer staples sector?
6 best online and direct marketing retail stocks to invest in
All the trading advice you’ve ever received boils down to this (Ad)
What does consumer price index measure?
Last chance to set up your portfolio for OPEC cuts

First Trust Alternative Absolute Return Strategy ETF (FAAR) Price, Holdings, & News

$27.54
-0.06 (-0.22%)
(As of 12/6/2023 ET)
Today's Range
$27.44
$27.63
50-Day Range
$27.54
$28.85
52-Week Range
$25.85
$31.13
Volume
91,661 shs
Average Volume
33,417 shs
Market Capitalization
$163.86 million
Assets Under Management
$159.16 million
Dividend Yield
8.53%
Net Expense Ratio
0.95%
FAAR stock logo

About First Trust Alternative Absolute Return Strategy ETF (NASDAQ:FAAR)

The First Trust Alternative Absolute Return Strategy ETF (FAAR) is an exchange-traded fund that is based on the db Liquid Commodity index. The fund is an actively-managed fund that, through a subsidiary, provides broad long\u002Fshort exposure to commodity futures contracts. FAAR was launched on May 18, 2016 and is managed by First Trust.

FAAR Stock Price History

FAAR ETF News Headlines

First Trust Alternative Absolute Return Strategy ETF
Lithium Discovery So BIG You Can't Miss it, Even From Space
With the green energy transition well underway, lithium demand is rapidly outpacing projected supply. While companies frantically search for new sources of this critical metal, one small company is sitting on a massive claim in North America - So big in fact that it can clearly be seen from space!
Americans Now Favor Gold Over Stocks as an Investment Vehicle
Americans now consider gold a better long-term investment than stocks for the first time since 2013. But physical gold requires storage and insurance, and gold mining stocks come with significant risks. Fortunately, investors have found a little-known way to benefit from gold that avoids many of these challenges.
See More Headlines
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Fund Details

Issuer
First Trust
Fund Name
First Trust Alternative Absolute Return Strategy ETF
Tax Classification
Regulated Investment Company
Current Symbol
NASDAQ:FAAR
Inception Date
5/18/2016
Fund Manager
John Gambla, Rob Guttschow
Web
N/A
Phone
N/A

Fund Focus

Asset Class
Commodities
Benchmark
N/A
Category
Absolute Returns
Focus
Long/Short
Development Level
Blended Development
Region
Global
Number of Holdings
11

Fund Statistics

Assets Under Management
$159.16 million
Average Daily Volume
$28,497.00
Discount/Premium
-0.08%

Administrator, Advisor and Custodian

Administrator
Brown Brothers Harriman & Co.
Advisor
First Trust Advisors L.P.
Custodian
Brown Brothers Harriman & Co.
Distributor
First Trust Portfolios L.P.
Transfer Agent
Brown Brothers Harriman & Co.
Trustee
N/A
Lead Market Maker
Jane Street

Options

Optionable
N/A
Short Interest
4,600 shs

Miscellaneous

Beta
0.10
Creation Unit
50,000
Creation Fee
$500.00
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First Trust Alternative Absolute Return Strategy ETF Expenses

TypeFAARLong/Short ETFsCommodities ETFsNASDAQ ETFsAll ETFs
Management Fee0.95%0.82%0.66%0.47%0.51%
Other Expenses0.00%2.04%0.27%0.29%0.57%
Total Expense0.95%2.16%0.77%0.55%0.69%
Fee Waiver0.00%-2.54%-0.17%-0.21%-0.57%
Net Expense0.95%1.02%0.70%0.51%0.57%

First Trust Alternative Absolute Return Strategy ETF (FAAR) Holdings

Top 10 FAAR Holdings

  • Ft Cayman Subsidiary Iii
    Holding Weight: 19.88%
  • Morgan Stanley Instl Lqudty Trs Instl
    Holding Weight: 10.86%
  • Dreyfus Government Cash Mgmt Instl
    Holding Weight: 9.14%
  • Us Dollars
    Holding Weight: 6.88%
  • United States Treasury Bills
    Holding Weight: 6.82%
  • United States Treasury Bills
    Holding Weight: 6.79%
  • United States Treasury Bills
    Holding Weight: 6.76%
  • United States Treasury Bills
    Holding Weight: 6.76%
  • United States Treasury Bills
    Holding Weight: 6.73%
  • United States Treasury Notes 0.38%
    Holding Weight: 6.50%














FAAR ETF - Frequently Asked Questions

How have FAAR shares performed in 2023?

First Trust Alternative Absolute Return Strategy ETF's stock was trading at $29.88 at the beginning of the year. Since then, FAAR shares have decreased by 7.8% and is now trading at $27.54.
View the best growth stocks for 2023 here
.

Are investors shorting First Trust Alternative Absolute Return Strategy ETF?

First Trust Alternative Absolute Return Strategy ETF saw a decrease in short interest during the month of November. As of November 15th, there was short interest totaling 4,600 shares, a decrease of 94.7% from the October 31st total of 87,000 shares. Based on an average daily volume of 22,700 shares, the short-interest ratio is currently 0.2 days.
View First Trust Alternative Absolute Return Strategy ETF's Short Interest
.

How often does First Trust Alternative Absolute Return Strategy ETF pay dividends? What is the dividend yield for First Trust Alternative Absolute Return Strategy ETF?

First Trust Alternative Absolute Return Strategy ETF declared a quarterly dividend on Thursday, September 21st. Shareholders of record on Monday, September 25th will be paid a dividend of $0.2297 per share on Friday, September 29th. This represents a $0.92 annualized dividend and a yield of 3.34%. The ex-dividend date is Friday, September 22nd.
Read our dividend analysis for FAAR
.

What does FAAR invest in?

First Trust Alternative Absolute Return Strategy ETF is a commodities fund issued by First Trust. FAAR focuses on long/short investments. The fund's investments total to approximately $159.16 million assets under management.

What is the management fee for First Trust Alternative Absolute Return Strategy ETF?

First Trust Alternative Absolute Return Strategy ETF's management fee is 0.95% and has no other recorded expenses or fee waivers. The net expense ratio for FAAR is 0.95%.

What other stocks do shareholders of First Trust Alternative Absolute Return Strategy ETF own?

Based on aggregate information from My MarketBeat watchlists, some companies that other First Trust Alternative Absolute Return Strategy ETF investors own include Cognizant Technology Solutions (CTSH), Canadian Imperial Bank of Commerce (CM), Mack-Cali Realty (CLI), CONSOL Coal Resources (CCR), CaixaBank (CAIXY), Bankwell Financial Group (BWFG), BlackRock New York Municipal Income Trust (BNY) and ATI (ATI).

Who are First Trust Alternative Absolute Return Strategy ETF's major shareholders?

First Trust Alternative Absolute Return Strategy ETF's stock is owned by many different retail and institutional investors. Top institutional shareholders include Envestnet Asset Management Inc. (11.45%), LPL Financial LLC (6.73%), AE Wealth Management LLC (6.06%), HighTower Advisors LLC (3.99%), Bank of New York Mellon Corp (2.04%) and Avantax Advisory Services Inc. (2.02%).

How do I buy shares of First Trust Alternative Absolute Return Strategy ETF?

Shares of FAAR stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

This page (NASDAQ:FAAR) was last updated on 12/7/2023 by MarketBeat.com Staff

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