First Trust Alt Abs Ret Strat ETF (FAAR)
29.18
+0.05
(+0.17%)
USD |
NASDAQ |
Apr 25, 16:00
Price Chart
Key Stats
| Net Expense Ratio | Discount or Premium to NAV | Total Assets Under Management | 30-Day Average Daily Volume |
|---|---|---|---|
| 0.95% | 0.07% | 131.21M | 54495.07 |
| Dividend Yield | Turnover Ratio | 1 Year Fund Level Flows | Max Drawdown (Since Inception) |
| 3.15% | 0.00% | -46.91M | Upgrade |
Basic Info
| Investment Strategy | |
| The investment seeks to provide investors with long-term total return. 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. |
| General | |
| Security Type | Exchange-Traded Fund |
| Equity Style | -- |
| Fixed Income Style | -- |
| Broad Asset Class | Commodities |
| Broad Category | Commodities |
| Category Name | Commodities Broad Basket |
| Category Index | Bloomberg Commodity TR USD |
| Global Category Name | Commodities Broad Basket |
| YCharts Categorization | Commodities |
| YCharts Benchmark | Bloomberg Commodity Index Total Return (^BCTR) |
| Prospectus Objective | Growth and Income |
| Fund Owner Firm Name | First Trust Advisors L.P. |
| Prospectus Benchmark Index | |
| Bloomberg Commodity TR USD | 100.0% |
| Broad Asset Class Benchmark Index | |
| ^BCTR | 100.0% |
| Manager Tenure | |
| John Gambla | 7.88 yrs |
| Rob Guttschow | 7.88 yrs |
Performance Versus Category
As of April 25, 2024. Returns for periods of 1 year and above are annualized.
Annual Total Returns Versus Peers
As of April 25, 2024.
Basic Info
| Investment Strategy | |
| The investment seeks to provide investors with long-term total return. 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. |
| General | |
| Security Type | Exchange-Traded Fund |
| Equity Style | -- |
| Fixed Income Style | -- |
| Broad Asset Class | Commodities |
| Broad Category | Commodities |
| Category Name | Commodities Broad Basket |
| Category Index | Bloomberg Commodity TR USD |
| Global Category Name | Commodities Broad Basket |
| YCharts Categorization | Commodities |
| YCharts Benchmark | Bloomberg Commodity Index Total Return (^BCTR) |
| Prospectus Objective | Growth and Income |
| Fund Owner Firm Name | First Trust Advisors L.P. |
| Prospectus Benchmark Index | |
| Bloomberg Commodity TR USD | 100.0% |
| Broad Asset Class Benchmark Index | |
| ^BCTR | 100.0% |
| Manager Tenure | |
| John Gambla | 7.88 yrs |
| Rob Guttschow | 7.88 yrs |