First Trust Alternative Absolute Return Strategy ETF (FAAR)

Assets	$150.96M
Expense Ratio	0.97%
PE Ratio	n/a
Shares Out	5.00M
Dividend (ttm)	$3.15
Dividend Yield	10.07%
Ex-Dividend Date	Dec 16, 2025
Payout Frequency	Quarterly
Payout Ratio	n/a

Volume	12,776
Open	31.26
Previous Close	30.23
Day's Range	30.95 - 31.41
52-Week Low	25.19
52-Week High	33.42
Beta	0.07
Holdings	8
Inception Date	May 18, 2016

About FAAR

Fund Home Page

The First Trust Alternative Absolute Return Strategy ETF (FAAR) is an exchange-traded fund that mostly invests in multi-strategy alternatives. The fund is an actively-managed fund that, through a subsidiary, provides broad long/short exposure to commodity futures contracts. FAAR was launched on May 18, 2016 and is issued by First Trust.

• Asset Class: Alternatives
• Category: Commodities Broad Basket
• Stock Exchange: NASDAQ
• Ticker Symbol: FAAR
• ETF Provider: First Trust

Top Holdings

Name	Symbol	Weight
First Eagle Alternative Capital BDC Inc	n/a	23.28%
Morgan Stanley Institutional Liquidity Funds - Treasury Portfolio	MISXX	14.84%
Dreyfus Govt Cm Inst 289	n/a	14.84%
United States Treasury Notes 0.75%	T.0.75 03.31.26	10.62%
United States Treasury Bills 0%	B.0 03.12.26	9.97%
United States Treasury Bills 0%	B.0 04.30.26	9.92%
United States Treasury Bills 0%	B.0 05.14.26	9.91%
United States Treasury Bills 0%	B.0 04.16.26	6.62%

Dividend History

Ex-Dividend	Amount	Pay Date
Dec 16, 2025	$2.6485	Dec 31, 2025
Sep 25, 2025	$0.1759	Sep 30, 2025
Jun 26, 2025	$0.1753	Jun 30, 2025
Mar 27, 2025	$0.1533	Mar 31, 2025
Dec 17, 2024	$0.3264	Dec 31, 2024
Sep 26, 2024	$0.201	Sep 30, 2024

Performance

FAAR had a total return of 23.57% in the past year, including dividends. Since the fund's inception, the average annual return has been 4.38%.