FAARFirst Trust Alternative Absolute Return Strategy Fund(Exchange Traded Fund )
XTF Rating* 2.3
Price:$25.4552 0.0052(0.02%)
52 Week:$24.95 - $27.19
Volume: 2,001
Avg Daily Volume: 15,844
Market Cap: $26,722,550 Avg Trade Size: 1,251 shares
Fund Turnover: 65 days 2/27/2020 3:48:30 PM
Similar ETFs to FAAR: COMB, DBC, UCI, PDBC, BCM

First Trust Alternative Absolute Return Strategy Fund is an exchange-traded fund incorporated in the USA. The Fund is an actively managed exchange-traded fund that seeks to achieve long-term total return through long and short investments in exchange-traded commodity futures contracts ('Commodity Futures') through a wholly-owned subsidiary of the Fund organized under the laws of the Cayman Islands (the 'Subsidiary'). The Fund will not invest directly in Commodity Futures. The Subsidiary’s holdings will primarily consist of Commodity Futures, which are contractual agreements to buy or sell a particular commodity or financial instrument at a pre-determined price at a settlement date in the future.

Inception Date: 5/18/2016Geography: Global  Asset Class: Commodity
Primary Exchange: NASDAQ Stock MarketInvestment Philosophy: Actively Managed > Contango / BackwardationPrice Basis: Derivatives (Futures)
Issuer: First Trust Advisors LPBenchmark: db Liquid Commodity IndexHard Asset Type: Multi
Index Provider: Actively ManagedIndex Composition: Custom-Weighted

Structural Integrity
Investment Metrics
Fund Holdings
Fund Exposure
News Headlines
FAAR Structural Integrity ranks in the 28th percentile (among all 118 Commodity ETFs over past 6 months).
as of 12/31/2019 Value  Rank (%)
Expense Ratio 0.95% 
 27.8%
Average Bid Ask Ratio Premium Content 
 39.8%
Tracking Error Premium Content 
 42.1%
Concentration Risk Premium Content 
 77.9%
Market Impact Premium Content 
 75.7%
Efficiency Premium Content 
 15.8%
Cap Gains Dist Premium Content 
 100%
     
as of 2/26/2020  
Avg Number of Components   (range) 21   (21-22)
Legal Structure Open-End Investment Company 
Annual Yield 1.04%
Last Dividend PaidDate 0.26, 12/13/2019   See Distributions
Options / Futures Available N  /  N 
Short Interest / Days to Cover N.A. /  N.A.
Net Asset Value $26,716,460 
Premium (Discount) 0.02% 
*The XTF Rating for an ETF is based on statistical analysis of its structural integrity and investment metric giving a total range between 0 and 10 with 10 being the best. Read More.





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