First Trust Alternative Etf Profile
| FAAR Etf | USD 26.31 0.24 0.90% |
PerformanceVery Weak
| Odds Of DistressLow
|
First Trust is selling at 26.31 as of the 3rd of May 2025; that is 0.9 percent decrease since the beginning of the trading day. The etf's lowest day price was 26.31. First Trust has less than a 9 % chance of experiencing financial distress in the next few years, but has generated negative returns over the last 90 days. The performance scores are derived for the period starting the 2nd of February 2025 and ending today, the 3rd of May 2025. Click here to learn more.
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 through a wholly-owned subsidiary of the fund organized under the laws of the Cayman Islands . More on First Trust Alternative
Moving together with First Etf
| 0.94 | PDBC | Invesco Optimum Yield | PairCorr |
| 0.89 | FTGC | First Trust Global | PairCorr |
| 0.94 | DBC | Invesco DB Commodity | PairCorr |
| 0.94 | COMT | iShares GSCI Commodity | PairCorr |
| 0.94 | GSG | iShares SP GSCI | PairCorr |
| 0.81 | DJP | iPath Bloomberg Commodity | PairCorr |
Moving against First Etf
First Etf Highlights
| Thematic Ideas | (View all Themes) |
| Business Concentration | Absolute Returns ETFs, Long/short ETFs, Commodities Broad Basket, First Trust (View all Sectors) |
| Issuer | First Trust |
| Inception Date | 2016-05-18 |
| Entity Type | Regulated Investment Company |
| Asset Under Management | 92.89 Million |
| Average Trading Valume | 24,780.6 |
| Asset Type | Commodities |
| Category | Absolute Returns |
| Focus | Long/Short |
| Market Concentration | Blended Development |
| Region | Global |
| Administrator | Brown Brothers Harriman & Co. |
| Advisor | First Trust Advisors L.P. |
| Custodian | Brown Brothers Harriman & Co. |
| Distributor | First Trust Portfolios L.P. |
| Portfolio Manager | John Gambla, Rob Guttschow |
| Transfer Agent | Brown Brothers Harriman & Co. |
| Fiscal Year End | 31-Dec |
| Exchange | NASDAQ |
| Number of Constituents | 8.0 |
| Market Maker | Jane Street |
| Total Expense | 1.01 |
| Management Fee | 0.95 |
| Country Name | USA |
| Returns Y T D | (4.7) |
| Name | First Trust Alternative Absolute Return Strategy ETF |
| Currency Code | USD |
| Open Figi | BBG00CW1P7N7 |
| In Threey Volatility | 7.73 |
| 1y Volatility | 9.17 |
| 200 Day M A | 28.0678 |
| 50 Day M A | 27.6856 |
| Code | FAAR |
| Updated At | 2nd of May 2025 |
| Currency Name | US Dollar |
| In Threey Sharp Ratio | (1.15) |
First Trust Alternative [FAAR] is traded in USA and was established 2016-05-18. The fund is listed under Commodities Broad Basket category and is part of First Trust family. The entity is thematically classified as Absolute Returns ETFs. First Trust Alternative currently have 190.89 M in assets under management (AUM). , while the total return for the last 3 years was -4.8%.
Check First Trust Probability Of Bankruptcy
Sector Allocation
Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on First Etf. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding First Etf, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as First Trust Alternative Etf, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.
First Trust Alternative Risk Profiles
The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in First Trust. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures.
| Risk Adjusted Performance | (0.16) | |||
| Jensen Alpha | (0.06) | |||
| Total Risk Alpha | (0.03) | |||
| Treynor Ratio | (0.26) |
First Trust Against Markets
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in First Trust Alternative. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in nation. You can also try the Idea Breakdown module to analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes.
The market value of First Trust Alternative is measured differently than its book value, which is the value of First that is recorded on the company's balance sheet. Investors also form their own opinion of First Trust's value that differs from its market value or its book value, called intrinsic value, which is First Trust's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because First Trust's market value can be influenced by many factors that don't directly affect First Trust's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between First Trust's value and its price as these two are different measures arrived at by different means. Investors typically determine if First Trust is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, First Trust's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.