S&P 500   5,254.35
DOW   39,807.37
QQQ   444.01
Stock market today: Asian shares are mostly higher after another set of Wall St records
Delta Airline’s Put Option Activity Isn’t Bad News
3 Value Stocks Too Small For Buffett’s Portfolio
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Krispy Kreme's Sweet Deal: McDonald's Partnership Sparks Growth?
S&P 500   5,254.35
DOW   39,807.37
QQQ   444.01
Stock market today: Asian shares are mostly higher after another set of Wall St records
Delta Airline’s Put Option Activity Isn’t Bad News
3 Value Stocks Too Small For Buffett’s Portfolio
Disney Stock Catches 3 Upgrades In a Single Week
7 Stocks That Will Drive the Weight Loss Drugs Market
Walgreens Boots Alliance: Deep Value With Nowhere to Go But Up
Krispy Kreme's Sweet Deal: McDonald's Partnership Sparks Growth?
S&P 500   5,254.35
DOW   39,807.37
QQQ   444.01
Stock market today: Asian shares are mostly higher after another set of Wall St records
Delta Airline’s Put Option Activity Isn’t Bad News
3 Value Stocks Too Small For Buffett’s Portfolio
Disney Stock Catches 3 Upgrades In a Single Week
7 Stocks That Will Drive the Weight Loss Drugs Market
Walgreens Boots Alliance: Deep Value With Nowhere to Go But Up
Krispy Kreme's Sweet Deal: McDonald's Partnership Sparks Growth?
S&P 500   5,254.35
DOW   39,807.37
QQQ   444.01
Stock market today: Asian shares are mostly higher after another set of Wall St records
Delta Airline’s Put Option Activity Isn’t Bad News
3 Value Stocks Too Small For Buffett’s Portfolio
Disney Stock Catches 3 Upgrades In a Single Week
7 Stocks That Will Drive the Weight Loss Drugs Market
Walgreens Boots Alliance: Deep Value With Nowhere to Go But Up
Krispy Kreme's Sweet Deal: McDonald's Partnership Sparks Growth?
NASDAQ:FAAR

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

$28.79
+0.13 (+0.45%)
(As of 03/28/2024 ET)
Today's Range
$28.63
$28.81
50-Day Range
$27.49
$28.79
52-Week Range
$25.85
$30.17
Volume
28,884 shs
Average Volume
42,133 shs
Market Capitalization
$161.22 million
Assets Under Management
$149.14 million
Dividend Yield
3.16%
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
Central Banks Preparing for US Dollar Collapse?
China is spearheading this blatant de-dollarization push, dominating the physical gold market through massive central bank buying. Their ultimate goal? Ditching the greenback in favor of local BRICS currencies.
Alternative Allocations: Alternative Investment Outlook
Warning: this could blow your mind
Buckle up… ‘Cause this might shatter everything you’ve heard about “income trading”. In fact, it’s such an extreme diversion from what most people think of typical income trades that I call it: The Perfect Income Trade You see, most of the income techniques out there target a couple of percent. Maybe 5 - 10 percent if you’re lucky. But this new way of trading income on the world’s top stocks goes after more than 10x that kind of return. And here’s the best news of all: This trade can target an opportunity like that every week. Every single week. Meaning an investor has the chance to “stack up” these more aggressive income trades over and over. If that sounds interesting…
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
10

Fund Statistics

Assets Under Management
$149.14 million
Average Daily Volume
$48,333.90
Discount/Premium
-0.02%

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
16,500 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%0.32%0.58%
Total Expense0.95%2.10%0.77%0.57%0.70%
Fee Waiver0.00%-2.39%-0.18%-0.20%-0.56%
Net Expense0.95%1.02%0.70%0.54%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 on January 1st, 2024. Since then, FAAR shares have increased by 5.3% and is now trading at $28.79.
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 the month of March. As of March 15th, there was short interest totaling 16,500 shares, an increase of 10.0% from the February 29th total of 15,000 shares. Based on an average daily volume of 37,600 shares, the short-interest ratio is presently 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 declared a quarterly dividend on Wednesday, March 20th. Stockholders of record on Friday, March 22nd will be given a dividend of $0.2032 per share on Thursday, March 28th. This represents a $0.81 annualized dividend and a yield of 2.82%. The ex-dividend date is Thursday, March 21st.
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 $149.14 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 number of retail and institutional 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 3/29/2024 by MarketBeat.com Staff

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