Fund Evaluator:
First Trust Alt Abs Ret Strat ETF (FAAR)
Follow This Fund
Real Assets
Global Asset Class
Commodities
Fund Group
Commodities Broad Basket
Category
$26.282
NAV (as of Oct 07)
$0.00
Minimum Initial
0.98% F
Expense Ratio
$197 Mil
Assets
Open
Status
0.00%
12b-1 Fee
8.50%
TTM Yield
0.00%
Max Load
0%
Portfolio Turnover
Best Performing in Commodities Broad Basket Over the Last Year
| 41.8% | Invesco Balanced-Risk Commodity Strat Y (BRCYX) |
| 39.4% | PGIM Quant Solutions Commodity Strats Z (PQCZX) |
| 37.3% | ALPS/CorCmdty Mgmt CmpltCmdty Strat I (JCRIX) |
| 37.1% | ALPS/CorCmdty Mgmt CmpltCmdty Strat Inv (JCRAX) |
| 35.2% | Cantor Fitzgerald Commodity RetStratPort (CCRSX) |
Data as of 7/31/2026
-1.4% F
1-Mo Return
-8.8% F
3-Mo Return
15.8% D
YTD Return
20.1% F
1-Yr Return
8.7% F
3-Yr Return
6.9% F
5-Yr Return
0.83 B
Category Risk Index
0.98
Total Risk Index
Fund Details
Fund Family
First Trust
Inception Date
5/18/2016
Share Class Type
Equity Investment Style
na
Bond Investment Style
na
Socially Responsible Fund
No
Index Fund
No
Benchmark Index
S&P 500 (TR) (1970): 100%
Additional Fund Details
First Trust Alt Abs Ret Strat ETF Overview
FAAR Trailing NAV Total Returns Data as of 7/31/26
| Last Month |
Last Quarter |
Ann'l. 1Yr |
Ann'l. 3Yr |
Ann'l. 5Yr |
Ann'l. 10Yr |
|
| FAAR Return (NAV) | -1.4% | -8.8% | 20.1% | 8.7% | 6.9% | 4.4% |
| FAAR Grade | F | F | F | F | F | F |
| +/- Category | -8.3% | -4.4% | -14.0% | -3.4% | -3.8% | -3.4% |
| Commodities Broad Basket Avg | 6.9% | -4.4% | 34.2% | 12.1% | 10.7% | 7.8% |
| FAAR Tax Cost Ratio | na | na | 3.6% | 2.0% | 2.3% | 1.4% |
FAAR Annual NAV Total ReturnsData as of 7/31/26
| 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
| FAAR Return (NAV) | 15.8% | 8.1% | 6.3% | -5.7% | 9.9% | 13.5% | 7.4% | -1.3% | -9.2% | 6.1% | na |
| FAAR Grade | D | D | C | C | F | F | A | F | A | C | na |
| +/- Category | -6.6% | -7.9% | 1.3% | 0.4% | -4.5% | -17.0% | 10.1% | -11.3% | 4.0% | 1.5% | na |
| Commodities Broad Basket Avg | 22.4% | 15.9% | 5.0% | -6.1% | 14.4% | 30.6% | -2.7% | 10.0% | -13.2% | 4.6% | 13.5% |
| Risk Measures | |
| Standard Deviation: | 12.0% |
| Total Risk Index: | 0.98 - Below Average |
| Category Risk Index: | 0.83 - Below Average |
| Category Risk Grade: | B (30% Rank) |
| Beta: | 0.60 |
| R-Squared: | 47% |
| Leveraged Fund: | No |
| Inverse Fund: | No |
| Portfolio Characteristics | |
| Equity Investment Style: | na |
| Bond Investment Style: | na |
| Yield: | 8.5% |
| Dividend Distribution: | Quarterly |
| Cap Gains Distribution: | Annually |
| Total Assets: | $197 Mil |
| Fund Total Assets: | $ 198 Mil |
| Share Class Type: | |
| Portfolio Turnover: | 0% |
Management Team
| Number of Managers: 2 | |||
| Longest Tenure: 10.2 years | |||
| Average Tenure: 10.2 years | |||
| Managers (Year): Gambla John (2016), Guttschow Rob (2016) | |||
Portfolio Composition (as of 7/30/26)
| # of Holdings: | 5 |
| % in Top 10 Holdings: | 66.1% |
| Fund is Non-Diversified: | No |
| % in Foreign Issues: | 0.0% |
Portfolio Allocation |
|
| Domestic Stock: | 17.1% |
| Foreign Stock: | 0.0% |
| Preferred Stock: | 0.0% |
| Domestic Bond: | 0.0% |
| Foreign Bond: | 0.0% |
| Convertible Bond: | 0.0% |
| Other: | 0.0% |
| Cash: | 82.9% |
Purchase Information
| Fund Family: | First Trust |
| Phone Number: | 800-621-1675 |
| Website: | www.ftportfolios.com |
| Status: | Open |
| Inception Date: | May 18, 2016 |
| Min. Initial Purchase: | $ 0 |
| Min. Initial IRA Purchase: | $ 0 |
| True No-Load: | Yes |
| Front Load Maximum: | 0.00% |
| Deferred Charge Maximum: | 0.00% |
| Redemption Charge Maximum: | 0.00% |
| 12b-1 Fee: | 0.00% |
Expenses and Fees | |
| Expense Ratio (%): | 0.98% ( Rating : High ) |
| Category Average Expense Ratio (%): | 1.10% |
| Share Class: | First Trust Alt Abs Ret Strat ETF |
| Min. Subsequent Purchase: | $ 0 |
| Min. Subsequent IRA Purchase: | $ 0 |
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