FIRST TRUST ALTERNATIVE ABSOLUTE RETURN STRATEGY ETF
Symbol: FAAR
Exchange: NASDAQ
Sector: Financial_Services
Category: Commodities Broad Basket
Inception Date: 18/05/2016
Latest Date: 02/04/2026
Current Price: $34.03
Expense Ratio: 0.97%
Assets Under Management
$151.0M
0.35% daily change
Period Performance
Adjusted cumulative ETF performance normalized to the first available adjusted price of the selected period.
Adjusted Return
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Performance Metrics
Return
8.69%
Volatility
18.95%
Sharpe Ratio
7.680
VaR 95%
-1.68%
CVaR 95%:
-2.24%
Max Drawdown:
-2.70%
Sortino Ratio:
10.698
Calmar Ratio:
55.31
Return
25.16%
Volatility
16.47%
Sharpe Ratio
8.821
VaR 95%
-1.46%
CVaR 95%:
-1.85%
Max Drawdown:
-2.88%
Sortino Ratio:
13.047
Calmar Ratio:
51.63
Return
25.12%
Volatility
14.97%
Sharpe Ratio
3.574
VaR 95%
-1.30%
CVaR 95%:
-1.68%
Max Drawdown:
-4.85%
Sortino Ratio:
6.382
Calmar Ratio:
11.79
Return
30.24%
Volatility
15.33%
Sharpe Ratio
1.744
VaR 95%
-1.36%
CVaR 95%:
-2.13%
Max Drawdown:
-7.92%
Sortino Ratio:
2.444
Calmar Ratio:
3.83
Return
34.84%
Volatility
12.69%
Sharpe Ratio
0.990
VaR 95%
-1.19%
CVaR 95%:
-1.75%
Max Drawdown:
-11.54%
Sortino Ratio:
1.419
Calmar Ratio:
1.40
Return
35.81%
Volatility
11.40%
Sharpe Ratio
0.628
VaR 95%
-1.03%
CVaR 95%:
-1.57%
Max Drawdown:
-11.54%
Sortino Ratio:
0.924
Calmar Ratio:
0.93
Daily Returns for Period 12M
Daily simple returns calculated over the official metric window from the same adjusted price series used in the chart: 02/04/2025 - 02/04/2026.
Average Daily Return
0.11%
Best Day
3.569%
02/03/2026
Worst Day
-3.927%
03/04/2025
Days with Data
251
Recent Price History (Last 90 Days)
| Date | Open | High | Low | Close | Volume |
|---|---|---|---|---|---|
| 02/04/2026 | $33.91 | $34.12 | $33.80 | $34.03 | 54,700 |
| 01/04/2026 | $33.60 | $33.76 | $33.49 | $33.63 | 26,800 |
| 31/03/2026 | $33.84 | $33.92 | $33.60 | $33.75 | 353,600 |
| 30/03/2026 | $33.84 | $33.85 | $33.63 | $33.77 | 203,600 |
| 27/03/2026 | $33.45 | $33.68 | $33.45 | $33.61 | 75,500 |
| 26/03/2026 | $33.39 | $33.42 | $33.13 | $33.16 | 33,700 |
| 25/03/2026 | $33.20 | $33.35 | $33.10 | $33.22 | 25,300 |
| 24/03/2026 | $33.35 | $33.50 | $33.31 | $33.42 | 56,500 |
| 23/03/2026 | $33.26 | $33.32 | $33.00 | $33.11 | 45,100 |
| 20/03/2026 | $33.73 | $34.11 | $33.72 | $34.03 | 42,700 |