First Trust Alternative Absolute Return Strategy ETF (FAAR)

Assets	$168.21M
Expense Ratio	0.97%
PE Ratio	n/a
Shares Out	5.05M
Dividend (ttm)	$3.15
Dividend Yield	9.31%
Ex-Dividend Date	Dec 16, 2025
Payout Frequency	Quarterly
Payout Ratio	n/a

Volume	80,454
Open	33.81
Previous Close	33.48
Day's Range	33.64 - 33.89
52-Week Low	25.19
52-Week High	34.34
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	21.32%
Morgan Stanley Institutional Liquidity Funds - Treasury Portfolio	MISXX	17.92%
Dreyfus Govt Cm Inst 289	n/a	17.92%
United States Treasury Notes 0.75%	T.0.75 03.31.26	9.67%
United States Treasury Bills 0%	B.0 03.12.26	9.08%
United States Treasury Bills 0%	B.0 04.30.26	9.04%
United States Treasury Bills 0%	B.0 05.14.26	9.02%
United States Treasury Bills 0%	B.0 04.16.26	6.03%

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 34.24% in the past year, including dividends. Since the fund's inception, the average annual return has been 5.20%.