First Trust Alt Abs Ret Strat ETF (FAAR)

25.37 -0.15  -0.59% NASDAQ Jan 27, 20:00 Delayed 2m USD
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Key Stats

Net Asset Value 25.37
Discount or Premium to NAV -0.01%
Turnover Ratio 0.00%
1 Year Fund Level Flows 8.717M

Performance & Returns

  Total Return (Price) Total Return (NAV) Cat. Total Return (NAV) % Rank in Cat. (NAV)
1M -1.22% -1.24% -3.79% 4
3M -2.71% -2.78% -1.53% 92
6M -3.11% -3.08% -1.26% 92
YTD -1.45% -1.43% -4.08% 4
1Y -2.78% -2.24% -0.95% 74
3Y -2.98% -2.75% -2.14% 57
5Y -- -- -3.28% --
10Y -- -- -5.15% --
15Y -- -- -2.84% --
20Y -- -- -- --
As of Jan. 27, 2020. Returns for periods of 1 year and above are annualized.

Asset Allocation

Type % Net % Long % Short
Cash 83.17% 83.17% 0.00%
Stock 0.00% 0.00% 0.00%
Bond 0.00% 0.00% 0.00%
Convertible 0.00% 0.00% 0.00%
Preferred 0.00% 0.00% 0.00%
Other 16.83% 16.83% 0.00%
As of Jan. 27, 2020
View More Holdings

Top 7 Holdings

Symbol Name % Weight Price % Chg
-- United States Treasury Bills 23.61% -- --
-- United States Treasury Bills 19.68% -- --
-- Ft Cayman Subsidiary Iii 16.83% -- --
-- United States Treasury Bills 15.75% -- --
-- United States Treasury Bills 9.83% -- --
-- United States Treasury Bills 7.88% -- --
-- United States Treasury Bills 3.93% -- --
As of Jan. 27, 2020
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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 will not invest directly in Commodity Futures. The advisor expects to gain 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. It is non-diversified.
General
Security Type Exchange-Traded Fund
Equity Style --
Fixed Income Style --
Broad Asset Class Commodities
Broad Category Commodities
Category Name Commodities Broad Basket
Prospectus Objective Growth and Income
Fund Owner Firm Name First Trust
Benchmark Index
Bloomberg Commodity TR USD 100.0%

Manager Info

Name Tenure
John Gambla 2.95 yrs
Rob Guttschow 2.95 yrs

Net Fund Flows

1M -18.17M
3M -19.48M
6M -16.83M
YTD 8.717M
1Y 8.717M
3Y 25.94M
5Y --
10Y --
As of Dec. 31, 2019

Risk Info

Beta (5Y) 0.1563
Max Drawdown (All) 14.19%
Historical Sharpe Ratio (10Y) --
Historical Sortino (All) -1.156
30-Day Rolling Volatility 11.04%
Daily Value at Risk (VaR) 1% (All) 1.44%
Monthly Value at Risk (VaR) 1% (All) 4.86%

Comparables

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Attributes

Key Dates
Inception Date 5/18/2016
Termination Date
Last Annual Report Date 12/31/2018
Last Prospectus Date 5/1/2019
Attributes
Exchange Traded Share Yes
Exchange Traded Note No
Enhanced Index Fund No
Fixed Distribution Fund No
High-Net Worth Individual Fund No
Index Fund No
Inverse Fund No
Leveraged Fund No
Fund of Funds No
Currency Hedged Fund No
Synthetic Replication Fund No
Has Dividend Investment Plan No
Socially Responsible Fund No
General Availability
Available for Insurance Product No
Available for Retirement Plan No
Available for RRSP No
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