Search:   
Premium Access   

First Trust Alternative Absolute Return Strategy (FAAR) - ETF





©ETFScreen.com
Volume(000's)


Charts and data are derived from prices adjusted for both splits and distributions to emphasize total return.

ETF Symbol:
Price29.22
Volume15k
Avg Vol42k
RSf36.0
$Vol(21d)1m
52 wk High29.44
52 wk Low25.03
Yield(ttm)3.14%
Inception:May 2016
Total Returns:
1 day0.1%
5 day0.7%
1 month2.0%
3 month5.7%
6 month5.8%
9 month3.6%
1 year4.1%
Price Data: Closing Price
 
Compare Funds:
Correlated Group: Energy (View cGroup) (All Groups)




Correlated Funds

Most Directly Correlated
KFA Mount Lucas Index Strategy ETFKMLM0.49  
United States Brent Oil Fund LPBNO0.47  
United States GasolineUGA0.47  
Invesco DB Oil FundDBO0.46  
ProShares Ultra DJ-AIG Crude OilUCO0.45  
ProShares K-1 Free Crude Oil Strategy ETFOILK0.44  
US Oil Fund ETFUSO0.42  
iShares Commodity Dyn Roll Stgy ETFCOMT0.42  
Credit Suisse X-Lnks Crude Oil Covd Call ETNUSOI0.41  
iShares S&P GSCI Commodity-Indexed TrGSG0.40  
Least Correlated
First Trust North American Energy InfrasEMLP0.00  
iShares Core MSCI Pacific ETFIPAC0.00  
Invesco DB Precious Metals FundDBP0.00  
Direxion NASDAQ-100 Equal Wght Idx Shrs ETFQQQE-0.00  
EGShares EM Core ex-China ETFXCEM-0.00  
Invesco Buyback AchieversPKW-0.00  
Direxion Technology Bull 3X SharesTECL-0.00  
ProShares Short QQQPSQ-0.00  
Select Sector SPDR Fund - TechnologyXLK-0.00  
iShares ESG Advanced MSCI USA ETFUSXF-0.00  
Most Inversely Correlated
MicroSectors US Big Oil Index -3X Inverse Levgd ETNNRGD-0.23  
First Trust Pref Securities and IncomeFPE-0.24  
FT Cboe Vest US Eqty Enh and Mod - MarXMAR-0.26  
Virtus InfraCap US Preferred Stock ETFPFFA-0.27  
Virtus Newfleet Multi-Sector Bond ETFNFLT-0.28  
Teucrium Wheat Fund ETFWEAT-0.30  
FT Cboe Vest US Equity Moderate Buf-MarGMAR-0.31  
United States Natural Gas FundUNG-0.33  
ProShares Ultra DJ-UBS Natural Gas ETFBOIL-0.34  
ProShares UltraShort DJ-AIG Crude OilSCO-0.45  
These 126 day (6 month) correlations can be considered short term, focusing on recent price movements.
Correlations are only calculated for actively traded funds. As of: 2024-04-19.


Exchange-traded funds are similar to index funds that trade like a single stock. Until the advent of the ETF, it was impossible to trade indexes this easily through an equity account. Most ETFs are relatively static in make-up, like the SPY or QQQQ index funds. Others, like some of the PowerShares funds, are dynamic and the holdings are changed routinely. ETFs have risks similar to stocks in that their value can rise or fall at the discretion of the marketplace. Some ETFs, like international funds and narrowly based indexes, have special risks that the investor should be aware of. However, used properly ETFs can provide an efficient and effective investment vehicle for achieving results that were near impossible for the typical investor to achieve prior to their development.








Important Disclaimer: The information provided by ETFScreen.com is strictly for informational purposes and is not to be construed as advice or solicitation to buy or sell any security. The owner of ETFScreen.com assumes no liability resulting from the use of the material contained herein for any purposes, including investment purposes. Privacy Policy Disclaimer/Terms of Use ...

If you have a comment please contact us. Advertise with us Market Data by: IEX Cloud