S&P 500   4,205.45
DOW   33,093.34
QQQ   348.40
China's 1st domestically made passenger plane completes maiden commercial flight
15 A.I. Trading Opportunities a Day (Ad)
In Nigeria’s hard-hit north, families seek justice as armed groups seek control
EgyptAir flight from Cairo blows tire during landing in Saudi Arabia
15 A.I. Trading Opportunities a Day (Ad)
Russia launched 'largest drone attack' on Ukrainian capital before Kyiv Day; 1 killed
Stock market today: Asian markets mostly higher after Biden-McCarthy deal on US debt
Lithium Has Boomed And This American Stock Is Ready.. (Ad)
Text released of 99-page bill to raise debt limit, curb spending; lawmakers to review as House eyes Wednesday vote
Takeaways on debt ceiling: McCarthy's balancing act, Biden's choice and the challenges ahead
S&P 500   4,205.45
DOW   33,093.34
QQQ   348.40
China's 1st domestically made passenger plane completes maiden commercial flight
15 A.I. Trading Opportunities a Day (Ad)
In Nigeria’s hard-hit north, families seek justice as armed groups seek control
EgyptAir flight from Cairo blows tire during landing in Saudi Arabia
15 A.I. Trading Opportunities a Day (Ad)
Russia launched 'largest drone attack' on Ukrainian capital before Kyiv Day; 1 killed
Stock market today: Asian markets mostly higher after Biden-McCarthy deal on US debt
Lithium Has Boomed And This American Stock Is Ready.. (Ad)
Text released of 99-page bill to raise debt limit, curb spending; lawmakers to review as House eyes Wednesday vote
Takeaways on debt ceiling: McCarthy's balancing act, Biden's choice and the challenges ahead
S&P 500   4,205.45
DOW   33,093.34
QQQ   348.40
China's 1st domestically made passenger plane completes maiden commercial flight
15 A.I. Trading Opportunities a Day (Ad)
In Nigeria’s hard-hit north, families seek justice as armed groups seek control
EgyptAir flight from Cairo blows tire during landing in Saudi Arabia
15 A.I. Trading Opportunities a Day (Ad)
Russia launched 'largest drone attack' on Ukrainian capital before Kyiv Day; 1 killed
Stock market today: Asian markets mostly higher after Biden-McCarthy deal on US debt
Lithium Has Boomed And This American Stock Is Ready.. (Ad)
Text released of 99-page bill to raise debt limit, curb spending; lawmakers to review as House eyes Wednesday vote
Takeaways on debt ceiling: McCarthy's balancing act, Biden's choice and the challenges ahead
S&P 500   4,205.45
DOW   33,093.34
QQQ   348.40
China's 1st domestically made passenger plane completes maiden commercial flight
15 A.I. Trading Opportunities a Day (Ad)
In Nigeria’s hard-hit north, families seek justice as armed groups seek control
EgyptAir flight from Cairo blows tire during landing in Saudi Arabia
15 A.I. Trading Opportunities a Day (Ad)
Russia launched 'largest drone attack' on Ukrainian capital before Kyiv Day; 1 killed
Stock market today: Asian markets mostly higher after Biden-McCarthy deal on US debt
Lithium Has Boomed And This American Stock Is Ready.. (Ad)
Text released of 99-page bill to raise debt limit, curb spending; lawmakers to review as House eyes Wednesday vote
Takeaways on debt ceiling: McCarthy's balancing act, Biden's choice and the challenges ahead
NASDAQ:FAAR

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

$29.24
-0.14 (-0.48%)
(As of 05/26/2023 08:46 PM ET)
Today's Range
$29.21
▼
$29.40
50-Day Range
$28.52
▼
$29.38
52-Week Range
$28.24
▼
$36.16
Volume
25,800 shs
Average Volume
35,795 shs
Market Capitalization
$192.98 million
Assets Under Management
$191.90 million
Dividend Yield
6.46%
Net Expense Ratio
0.95%
ProfileChartDividendHeadlinesHoldingsShort InterestSocial Media
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.

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FAAR ETF News Headlines

May 12, 2023 | fool.com
Absolute Shares Trust - Wbi BullBear Value 3000 ETF (NYSEMKT: WBIF)
May 2, 2023 | fool.com
First Trust Exchange-Traded Fund VI - First Trust Nasdaq Food & Beverage ETF (NASDAQ: FTXG)
May 29, 2023 | UNKNOWN (Ad)
The Stock That's Brining Lithium Back To America!
The American Energy Crisis Is Very Real And This Stock Is Solving That Problem On U.S Soil
March 27, 2023 | seekingalpha.com
First Trust Expanded Technology ETF declares quarterly distribution of $0.0211
March 25, 2023 | msn.com
First Trust Alternative Absolute Return Strategy ETF declares quarterly distribution of $0.1588
January 16, 2023 | finance.yahoo.com
Alternative ETF Strategies to Navigate the Challenges Ahead
October 28, 2022 | nasdaq.com
First Trust Capital Strength Breaks Above 200-Day Moving Average - Bullish for FTCS
October 20, 2022 | technews.tmcnet.com
First Trust Intermediate Duration Preferred & Income Fund Declares its Monthly Common Share Distribution of $0.1125 Per Share for November
May 29, 2023 | UNKNOWN (Ad)
This Company Is Solving A Multi-Billion Dollar Problem!
This Little Known NASDAQ Stock is Solving a Multi-Billion Dollar Problem!
October 11, 2022 | cnbc.com
This ETF's focus on total return has made it a rare winner over the past year. Here's how it works
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
Stock Exchange
NASDAQ
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
4

Fund Statistics

Assets Under Management
$191.90 million
Average Daily Volume
$52,282.00
Discount/Premium
0.62%

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
53,900 shs

Miscellaneous

Outstanding Shares
6,600,000
Beta
0.10
Creation Unit
50,000
Creation Fee
$500.00


First Trust Alternative Absolute Return Strategy ETF Expenses

TypeFAARLong/Short ETFsCommodities ETFsNASDAQ ETFsAll ETFs
Management Fee0.95%0.80%0.68%0.45%0.49%
Other Expenses0.00%2.11%0.27%0.28%0.51%
Total Expense0.95%2.11%0.79%0.54%0.66%
Fee Waiver0.00%-2.93%-0.16%-0.21%-0.52%
Net Expense0.95%1.00%0.72%0.50%0.55%

First Trust Alternative Absolute Return Strategy ETF (FAAR) Holdings

Top 10 FAAR Holdings

  • Dreyfus Government Cash Mgmt Instl
    Holding Weight: 27.15%
  • Dreyfus Government Cash Mgmt Instl
    Holding Weight: 27.15%
  • Morgan Stanley Instl Lqudty Trs Instl
    Holding Weight: 27.15%
  • Morgan Stanley Instl Lqudty Trs Instl
    Holding Weight: 27.15%
  • Ft Cayman Subsidiary Iii
    Holding Weight: 19.33%
  • Ft Cayman Subsidiary Iii
    Holding Weight: 19.33%
  • United States Treasury Bills
    Holding Weight: 13.83%
  • United States Treasury Bills
    Holding Weight: 13.83%
  • Us Dollars
    Holding Weight: 6.39%
  • Us Dollars
    Holding Weight: 6.39%
Full Holdings Details













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 start of the year. Since then, FAAR shares have decreased by 2.1% and is now trading at $29.24.
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 increase in short interest in May. As of May 15th, there was short interest totaling 53,900 shares, an increase of 41.8% from the April 30th total of 38,000 shares. Based on an average trading volume of 33,700 shares, the short-interest ratio is presently 1.6 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, March 23rd. Investors of record on Monday, March 27th will be paid a dividend of $0.159 per share on Friday, March 31st. This represents a $0.64 annualized dividend and a yield of 2.18%. The ex-dividend date is Friday, March 24th.
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 $191.90 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).

What is First Trust Alternative Absolute Return Strategy ETF's stock symbol?

First Trust Alternative Absolute Return Strategy ETF trades on the NASDAQ under the ticker symbol "FAAR."

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 institutional and retail investors. Top institutional shareholders include Envestnet Asset Management Inc. (10.07%), LPL Financial LLC (9.42%), AE Wealth Management LLC (5.04%), Mercer Global Advisors Inc. ADV (3.34%), Cetera Investment Advisers (2.84%) and HighTower Advisors LLC (1.96%).

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.

What is First Trust Alternative Absolute Return Strategy ETF's stock price today?

One share of FAAR stock can currently be purchased for approximately $29.24.

How much money does First Trust Alternative Absolute Return Strategy ETF make?

First Trust Alternative Absolute Return Strategy ETF (NASDAQ:FAAR) has a market capitalization of $192.98 million.

This page (NASDAQ:FAAR) was last updated on 5/29/2023 by MarketBeat.com Staff

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