Market Cap: 9.57T Total Funds: 2033 Increased Funds: 1773 Decreased Funds: 251

First Trust Alternative Absolute Return Strategy ETF


AJM Ventures LLC FAAR ETF
FAAR Price$31.185 Market Cap$201.21M
Annual Dividend Yield9.85% Annual Dividend$3.08
Yearly Management Fee0.98% Asset ClassAlternatives
FocusMulti-strategy CategoryHedge Fund Strategies
NicheAbsolute return Last 24h Volume$14.78K
Portfolio Management Company
AJM Ventures LLC
Discount/Premium to NAV-0.02%
Inception DateMay 18, 2016 Market Cap Rank2161
Monthly AUM Growth7.80% Holdings RegionGlobal
Management StyleActive LeverageNon-Leveraged
First Trust Alternative Absolute Return Strategy ETF is an ETF issued by AJM Ventures LLC on May 18 2016. The main focus of this ETF, which is in the "Alternatives" asset class, is determined as "Multi-strategy". As of today, the price of FAAR ETF according to its net asset value is discounted at -0.02%. While the total value of the fund shows $14.56M increase compared to the previous month, its price is traded daily at a decrease of -0.14%. The annual dividend yield of FAAR ETF is 9.85%, whereas its main asset area is Global. FAAR ETF, whose 24-hour total volume is $14.78K, has experienced a $14.03M cash inflow in the last month. In addition, First Trust Alternative Absolute Return Strategy ETF's one-year net asset value total return is 10.22%.

FAAR ETF Returns

Daily Weekly Monthly 3 Mo 6 Mo YTD Yearly
-0.14% 1.75% 0.14% -8.31% 6.61% 15.03% 7.53%

FAAR ETF NAV Total Return

Monthly 3 Mo YTD Yearly 3 Years 5 Years
-0.46% -8.17% 16.77% 10.22% 20.09% 33.00%

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