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.
Asset Class
Alternatives
Region
Global
Issuer
First Trust
Index Tracked
No Underlying Index
Ticker Symbol
FAAR
First Trust Alternative Absolute Return Strategy ETF (FAAR) Fund Flow Chart
First Trust Alternative Absolute Return Strategy ETF (FAAR) 1 year Net Flows: -$59M
FAAR ETF FAQ
What was FAAR’s price range in the past 12 months?
FAAR lowest ETF price was $27.42 and its highest was $29.44 in the past 12 months.