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DOW   38,989.83
QQQ   444.02
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S&P 500   5,130.95
DOW   38,989.83
QQQ   444.02
5 Under-the-Radar Artificial Intelligence (AI) Stocks
Detecting Cancer in Mere Seconds: Early Investment Opportunity (Ad)
How major US stock indexes fared Monday, 3/4/2024
Macy's, United Rentals rise; Apple, Spirit Airlines fall Monday, 3/4/2024
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
DeSantis names Disney World district administrator to run elections in Democratic Orange County
Stock market today: Wall Street inches lower as retailers post holiday numbers
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
Closing prices for crude oil, gold and other commodities
Ohio foundation begins process to distribute millions in opioid settlement money
S&P 500   5,130.95
DOW   38,989.83
QQQ   444.02
5 Under-the-Radar Artificial Intelligence (AI) Stocks
Detecting Cancer in Mere Seconds: Early Investment Opportunity (Ad)
How major US stock indexes fared Monday, 3/4/2024
Macy's, United Rentals rise; Apple, Spirit Airlines fall Monday, 3/4/2024
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
DeSantis names Disney World district administrator to run elections in Democratic Orange County
Stock market today: Wall Street inches lower as retailers post holiday numbers
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
Closing prices for crude oil, gold and other commodities
Ohio foundation begins process to distribute millions in opioid settlement money
S&P 500   5,130.95
DOW   38,989.83
QQQ   444.02
5 Under-the-Radar Artificial Intelligence (AI) Stocks
Detecting Cancer in Mere Seconds: Early Investment Opportunity (Ad)
How major US stock indexes fared Monday, 3/4/2024
Macy's, United Rentals rise; Apple, Spirit Airlines fall Monday, 3/4/2024
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
DeSantis names Disney World district administrator to run elections in Democratic Orange County
Stock market today: Wall Street inches lower as retailers post holiday numbers
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
Closing prices for crude oil, gold and other commodities
Ohio foundation begins process to distribute millions in opioid settlement money
NASDAQ:FAAR

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

$28.29
-0.16 (-0.56%)
(As of 03/4/2024 ET)
Today's Range
$28.28
$28.45
50-Day Range
$27.22
$28.61
52-Week Range
$25.85
$30.75
Volume
21,759 shs
Average Volume
36,157 shs
Market Capitalization
$158.42 million
Assets Under Management
$153.09 million
Dividend Yield
3.08%
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

The Case For Alternative Assets
Critical asset just had biggest fall on record
What many consider America's critical financial asset suffers biggest fall on record. Expert says: "it's very bad for millions, protect yourself now."
Alternative Allocations: Alternative Investment Outlook
Critical asset just had biggest fall on record
What many consider America's critical financial asset suffers biggest fall on record. Expert says: "it's very bad for millions, protect yourself now."
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
$153.31 million
Average Daily Volume
$4,669.70
Discount/Premium
-0.05%

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
18,200 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%0.48%0.51%
Other Expenses0.00%1.98%0.27%0.33%0.58%
Total Expense0.95%2.10%0.77%0.57%0.70%
Fee Waiver0.00%-2.39%-0.18%-0.20%-0.57%
Net Expense0.95%1.02%0.70%0.53%0.58%

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 2024?

First Trust Alternative Absolute Return Strategy ETF's stock was trading at $27.35 at the beginning of the year. Since then, FAAR shares have increased by 3.4% and is now trading at $28.29.
View the best growth stocks for 2024 here
.

Are investors shorting First Trust Alternative Absolute Return Strategy ETF?

First Trust Alternative Absolute Return Strategy ETF saw a increase in short interest in February. As of February 15th, there was short interest totaling 18,200 shares, an increase of 355.0% from the January 31st total of 4,000 shares. Based on an average trading volume of 40,600 shares, the days-to-cover ratio is currently 0.4 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 announced a quarterly dividend on Thursday, December 14th. Stockholders of record on Monday, December 18th will be given a dividend of $0.2566 per share on Friday, December 29th. This represents a $1.03 annualized dividend and a dividend yield of 3.63%. The ex-dividend date of this dividend is Friday, December 15th.
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 $153.31 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 a variety of institutional and retail investors. Top institutional shareholders include Envestnet Asset Management Inc. (11.96%), Cetera Advisor Networks LLC (3.06%), Avantax Advisory Services Inc. (2.00%), International Assets Investment Management LLC (1.85%), International Assets Investment Management LLC (1.85%) and Walkner Condon Financial Advisors LLC (1.69%).

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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:FAAR) was last updated on 3/5/2024 by MarketBeat.com Staff