Is First Trust Alternative Absolute Return Strategy ETF (FAAR) a Buy, Sell, or Hold?
NASDAQ : FAAR
First Trust Alternative Absolute Return Strategy ETF — News
$31.1934 USD
-$0.04 (-0.12%)
- Volume
- 17.93K
- Average Volume
- 48.71K
- Market Capitalization
- $115.04M
- P/E Ratio
- Dividend Yield
- %
- Price Target
- Year High
- $35.81
- Year Low
- $26.73
- Day High
- —
- Day Low
- —
- Payout Ratio
- Current Ratio
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FAAR: You Will Not Get Far Using This ETF
First Trust Alternative Absolute Return Strategy ETF employs an active long-short commodities strategy aiming for absolute returns in any market environment. FAAR currently maintains a +54% net long exposure but can shift net exposures dynamically across commodity sectors using futures. Despite its flexible approach, FAAR has significantly underperformed peers over five years, with higher volatility (11.2% SD) and a steep 0.97% expense ratio. seekingalpha.com - 2026-05-23 10:23:31 |
