First Trust Alternative Absolute Return Strategy ETF (FAAR)
| Assets | $185.82M |
| NAV | $32.60 |
| Expense Ratio | 0.95% |
| PE Ratio | n/a |
| Shares Out | 5.70M |
| Dividend (ttm) | $1.86 |
| Dividend Yield | 5.77% |
| Ex-Dividend Date | Jun 24, 2022 |
| 1-Year Return | +10.91% |
| Volume | 19,174 |
| Open | 32.21 |
| Previous Close | 32.60 |
| Day's Range | 32.14 - 32.41 |
| 52-Week Low | 28.54 |
| 52-Week High | 37.94 |
| Beta | 0.10 |
| Holdings | 14 |
| Inception Date | May 18, 2016 |
About FAAR
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). It does not invest directly in Commodity Futures. The advisor gains exposure to these investments exclusively by investing in the Subsidiary. The Subsidiary is advised by First Trust Advisors L.P., the fund's investment advisor.
Top 10 Holdings
91.01% of assets| Name | Symbol | Weight |
|---|---|---|
| Ft Cayman Subsidiary Iii | n/a | 19.90% |
| Morgan Stanley Instl Lqudty Trs Instl | n/a | 10.58% |
| United States Treasury Bills | B 0 08.25.22 | 10.58% |
| Us Dollars | n/a | 10.31% |
| United States Treasury Bills | B 0 08.30.22 | 7.93% |
| United States Treasury Bills | n/a | 7.93% |
| United States Treasury Bills | B 0 09.15.22 | 7.92% |
| United States Treasury Bills | B 0 08.23.22 | 5.29% |
| United States Treasury Bills | B 0 09.20.22 | 5.28% |
| United States Treasury Bills | B 0 09.22.22 | 5.28% |
Dividends
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jun 24, 2022 | $0.0028 | Jun 30, 2022 |
| Dec 23, 2021 | $1.8614 | Dec 31, 2021 |
| Jun 24, 2021 | $0.0054 | Jun 30, 2021 |
| Jun 23, 2021 | $0.0054 | Jun 30, 2021 |
News
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The best agricultural commodity ETFs for Q1 2021 are SOYB, WEAT, and FAAR.
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ETF Ways to Adopt if Markets Hit Correction Mode
Long/short ETFs to save your portfolio if the broader market slumps on no-or--less-steeper rate cuts in July.