First Trust Alternative Absolute Return Strategy ETF
FAARNASDAQFirst TrustAlternative
As of Oct 23, 2026 close
- Assets (AUM)
- $229.78M
- Expense ratio
- 0.98%
- Dividend yield
- 9.32%
- Holdings
- 9
- 52-week range
- $26.73$35.81
- Volume (live)
- -
- Avg. volume (3M)
- 47.07K
FAAR ETF: First Trust Alternative Absolute Return Strategy ETF - Price, Holdings & Analysis
First Trust Alternative Absolute Return Strategy ETF Price Chart
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Financial Metrics & Key Statistics
Fund characteristics, expense ratio, dividend yield, and performance metrics
| Day's Range | $32.64 - $32.96 |
|---|---|
| 52-Week High | $35.81 |
| 52-Week Low | $26.73 |
| Open | $32.71 |
| Volume (last close) | 31.47K |
| Average Volume (3M) | 47.07K |
| 1 Day Change | +0.01% |
|---|---|
| 1 Month Change | +0.29% |
| 6 Month Change | −4.25% |
| YTD Change | +19.88% |
| 1 Year Change | +6.14% |
| 5 Year Change | +3.46% |
| 10 Year Change | +12.08% |
| Annual Dividend | $3.04 |
|---|---|
| Dividend Yield | 9.32% |
| Last Dividend Ex-Date | Sep 24, 2026 |
| Dividend Growth YoY | +265.63% |
| Assets (AUM) | $229.78M |
|---|---|
| Expense Ratio | 0.98% |
| Total Holdings | 9 |
| Inception Date | May 17, 2016 |
| 50-Day MA | $31.89 |
|---|---|
| 200-Day MA | $31.89 |
| RSI | 54.96 |
| Stochastic %K | 68.30 |
| Stochastic %D | 78.90 |
Source: Exchange price data and fund disclosures. Data as of Oct 23, 2026. Data sources and methodology
FAAR at a Glance
First Trust Alternative Absolute Return Strategy ETF (FAAR) is an alternative ETF from First Trust, launched in May 2016. It manages $229.78M in assets and charges a 0.98% expense ratio, about $98 a year per $10,000 invested.
As of its Oct 4, 2026 holdings, it holds 9 positions. The largest are First Eagle Alternative Capital BDC Inc (FCRD, 20.59%), Morgan Stanley Instl Lqudty Trs Instl (MUTF:MISXX, 15.13%) and United States Treasury Bills 0% (B.0 12.17.26, 12.76%). By sector it leans toward Financials (100.0%). 100.0% of assets are in the United States.
It pays distributions yielding 9.32% at the Oct 23, 2026 close, $3.04 per share over the trailing 12 months. As of the Oct 23, 2026 close, the share price is up 6.1% over one year, up 3.5% over five years and up 12.1% over ten years (price change, excluding distributions).
Frequently Asked Questions About First Trust Alternative Absolute Return Strategy ETF
What is the current price of FAAR?
The latest FAAR price is $32.83 (Oct 23, 2026 close). The 52-week range is $26.73–$35.80. The share price is up 6.1% over the past year (price change, excluding distributions).
What is the expense ratio for FAAR?
FAAR's annual expense ratio is 0.98%. This represents the yearly cost of holding the fund, deducted from total returns. Compare with similar Alternative ETFs in the ETF Screener.
Does FAAR pay dividends?
Yes, FAAR pays a 9.32% dividend yield (trailing 12 months, at the Oct 23, 2026 close). The most recent ex-dividend date was September 24, 2026. View full dividend history in the Dividends section.
What are the top holdings of FAAR?
As of Oct 4, 2026, FAAR's largest holdings are First Eagle Alternative Capital BDC Inc (20.6%), Morgan Stanley Instl Lqudty Trs Instl (15.1%), United States Treasury Bills 0% (12.8%) (combined weight: 48.5%). The fund holds 9 total positions. View the complete portfolio breakdown in the Holdings section.
How does FAAR compare to similar ETFs?
Compare FAAR (0.98% expense ratio, $230M AUM) against similar Alternative ETFs using the ETF Screener. Filter by expense ratio, dividend yield, and performance to find alternatives.