Market Cap: 6.39T Total Funds: 1888 Increased Funds: 1429 Decreased Funds: 451

First Trust Alternative Absolute Return Strategy ETF


AJM Ventures LLC FAAR ETF
FAAR Price$30.435 Market Cap$108.29M
Annual Dividend Yield2.84% Annual Dividend$0.86
Yearly Management Fee0.97% Asset ClassAlternatives
FocusMulti-strategy CategoryHedge Fund Strategies
NicheAbsolute return Last 24h Volume$691
Portfolio Management Company
AJM Ventures LLC
Discount/Premium to NAV0.02%
Inception DateMay 18, 2016 Market Cap Rank2255
Monthly AUM Growth4.36% 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 premiumed at 0.02%. While the total value of the fund shows $4.53M increase compared to the previous month, its price is traded daily at a increase of 1.08%. The annual dividend yield of FAAR ETF is 2.84%, whereas its main asset area is Global. FAAR ETF, whose 24-hour total volume is $691, has experienced a $0 cash outflow in the last month. In addition, First Trust Alternative Absolute Return Strategy ETF's one-year net asset value total return is 7.25%.

FAAR ETF Returns

Daily Weekly Monthly 3 Mo 6 Mo YTD Yearly
1.08% 1.62% 5.60% 5.93% 7.54% 8.08% 8.16%

FAAR ETF NAV Total Return

Monthly 3 Mo YTD Yearly 3 Years 5 Years
4.09% 5.81% 7.98% 7.25% 3.38% 38.18%

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