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First Trust Alternative Absolute Return Strategy ETF (FAAR) Price & Chart

FAAR ETF Chart & Stats

$32.87
At close: 4:00 PM EDT
$31$323 Aug17 Aug31 Aug14 Sep28 Sep12 Oct26 Oct
Day’s Range
$32.62 - $32.92
52-Week Range
$26.73 - $35.81
Previous Close
$32.57
Volume
19.92K
Average Volume (3M)
39.32K
AUM
252.04M
NAV
32.84
Expense Ratio
0.98%
Holdings Count
0
Beta
0.04
Inception Date
May 18, 2016
Shares Outstanding
7,650,002
Standard Deviation
N/A

ETF Overview

First Trust Alternative Absolute Return Strategy ETF

The First Trust Alternative Absolute Return Strategy ETF (FAAR) is a distinctive investment vehicle designed to offer investors access to the complex and dynamic world of hedge fund strategies. As part of the Multi-strategy category, FAAR seeks to deliver a diversified approach that taps into various hedge fund techniques, aiming to achieve positive returns regardless of market conditions. This ETF is strategically positioned in the Absolute Return niche, emphasizing its goal to deliver consistent performance over time, independent of traditional market benchmarks. FAAR incorporates a blend of multiple strategies, allowing it to adapt to changing market environments and capitalize on diverse opportunities. By leveraging techniques typically reserved for hedge funds, such as long/short positions, arbitrage, and tactical asset allocation, the fund aims to smooth out volatility and provide a more stable return profile. This makes it an appealing option for investors seeking to diversify their portfolios with an alternative strategy that offers potential resilience in both bullish and bearish markets. The First Trust Alternative Absolute Return Strategy ETF is carefully crafted to meet the needs of sophisticated investors who are looking for a robust, flexible, and innovative approach to asset management. By incorporating FAAR into a broader investment strategy, investors can potentially enhance portfolio diversification and achieve a more balanced risk-return profile.

First Trust Alternative Absolute Return Strategy ETF (FAAR) Fund Flow Chart

FlowsPrice-5M-64K5M10M$26.5$28.5$30.5$32.5Nov '25Jan '26Mar '26May '26Jul '26Sep '26
First Trust Alternative Absolute Return Strategy ETF (FAAR) 1 year Net Flows: $125M

FAAR ETF FAQ

What was FAAR’s price range in the past 12 months?
FAAR’s lowest price in the past 12 months was $26.73 and its highest was $35.81.
What is the AUM of FAAR?
As of Oct 28, 2026, the AUM of FAAR is $252.04M.
Does FAAR pay dividends?
Yes. FAAR pays dividends quarterly. Its most recent dividend was $0.14 per share, and its annual dividend yield is 9.24%. See more information on FAAR dividends here.
How many shares outstanding does FAAR have?
FAAR has 7,650,002 shares outstanding.