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META   301.09 (-0.94%)
GOOGL   131.06 (-0.94%)
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NVDA   434.95 (+0.94%)
NIO   8.95 (+0.45%)
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AMD   103.25 (+0.48%)
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AAPL   171.17 (+0.28%)
MSFT   316.02 (+0.76%)
META   301.09 (-0.94%)
GOOGL   131.06 (-0.94%)
AMZN   126.96 (+0.78%)
TSLA   248.46 (+0.84%)
NVDA   434.95 (+0.94%)
NIO   8.95 (+0.45%)
BABA   86.86 (+1.54%)
AMD   103.25 (+0.48%)
T   14.96 (-0.33%)
F   12.41 (-1.19%)
MU   67.89 (+4.13%)
CGC   0.79 (-3.50%)
GE   110.26 (-1.85%)
DIS   80.67 (+0.67%)
AMC   8.02 (+2.95%)
PFE   33.13 (+3.24%)
PYPL   58.31 (+0.22%)
NFLX   376.76 (+0.11%)
NASDAQ:FAAR

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

$28.68
-0.17 (-0.59%)
(As of 01:13 PM ET)
Today's Range
$28.63
$28.92
50-Day Range
$28.30
$29.98
52-Week Range
$25.85
$32.29
Volume
9,204 shs
Average Volume
35,148 shs
Market Capitalization
$179.25 million
Assets Under Management
$173.34 million
Dividend Yield
8.19%
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 Price History

FAAR ETF News Headlines

First Trust Alternative Absolute Return Strategy ETF
66,000% upside on tiny biotech?
The Wall Street Journal reports that this medical breakthrough is "Transforming Medicine." One analyst calculated that it could be worth $1 Trillion, making the upside potential of this small-cap 66,000% above today's price.
This Stock Could Go Up 66% or More.
Marc Chaikin built the system that isolated NVDA before it became the best-performing stock of 2023.  Click here to get his latest buy.  More here.
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
12

Fund Statistics

Assets Under Management
$173.82 million
Average Daily Volume
$52,282.00
Discount/Premium
0.07%

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
32,300 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%0.67%0.47%0.50%
Other Expenses0.00%2.04%0.28%0.29%0.57%
Total Expense0.95%2.16%0.78%0.56%0.69%
Fee Waiver0.00%-2.54%-0.18%-0.22%-0.59%
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 on January 1st, 2023. Since then, FAAR shares have decreased by 3.4% and is now trading at $28.85.
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 decline in short interest in the month of September. As of September 15th, there was short interest totaling 32,300 shares, a decline of 47.0% from the August 31st total of 61,000 shares. Based on an average trading volume of 34,600 shares, the days-to-cover ratio is presently 0.9 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, September 21st. Stockholders of record on Monday, September 25th will be given a dividend of $0.2297 per share on Friday, September 29th. This represents a $0.92 dividend on an annualized basis and a dividend yield of 3.18%. The ex-dividend date of this dividend 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 $173.82 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."

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 $28.85.

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 $180.31 million.

This page (NASDAQ:FAAR) was last updated on 9/29/2023 by MarketBeat.com Staff

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