First Trust Alternative Absolute Return Strategy ETF (FAAR) Alternatives

First Trust Alternative Absolute Return Strategy ETF (FAAR) belongs to the Commodities category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with FAAR. Use the tables to find lower-cost options, better risk-adjusted returns, or funds that fit a different role in your portfolio.

Cheapest Alternatives to FAAR

FAAR charges 0.95% annually. Among ETFs in the Commodities category, these options have the lowest expense ratios among FAAR alternatives.

Symbol	Name	Expense Ratio	Inception
ISCMF	iShares Diversified Commodity Swap UCITS ETF	0.19%	Mar 4, 2022	FAAR vs ISCMF
COMB	GraniteShares Bloomberg Commodity Broad Strategy N...	0.25%	May 22, 2017	FAAR vs COMB
BCI	abrdn Bloomberg All Commodity Strategy K-1 Free ET...	0.25%	Mar 30, 2017	FAAR vs BCI
CERY	SPDR Bloomberg Enhanced Roll Yield Commodity Strat...	0.28%	Sep 4, 2024	FAAR vs CERY
CMDY	iShares Bloomberg Roll Select Commodity Strategy E...	0.28%	Apr 3, 2018	FAAR vs CMDY

Best Risk-Adjusted Alternatives to FAAR

Among ETFs in the Commodities category, these options rank highest on PortfoliosLab's risk-adjusted score, which accounts for volatility, drawdown, and return consistency over a 1-year period.

Symbol	Name	Risk / Return Rank	Inception
BWET	Breakwave Tanker Shipping ETF	99	May 3, 2023	FAAR vs BWET
PIT	VanEck Commodity Strategy ETF	96	Dec 20, 2022	FAAR vs PIT
HGER	Harbor Commodity All-Weather Strategy ETF	94	Feb 9, 2022	FAAR vs HGER
ISCMF	iShares Diversified Commodity Swap UCITS ETF	94	Mar 4, 2022	FAAR vs ISCMF
ZSC	USCF Sustainable Commodity Strategy Fund	93	Aug 8, 2023	FAAR vs ZSC

Top Performing FAAR Alternatives (YTD)

FAAR alternatives from the Commodities category, sorted by year-to-date return.

Symbol	Name	YTD Return	Inception
BWET	Breakwave Tanker Shipping ETF	411.30%	May 3, 2023	FAAR vs BWET
GSG	iShares S&P GSCI Commodity-Indexed Trust	39.85%	Jul 21, 2006	FAAR vs GSG
PIT	VanEck Commodity Strategy ETF	37.04%	Dec 20, 2022	FAAR vs PIT
COMT	iShares Commodities Select Strategy ETF	35.81%	Oct 15, 2014	FAAR vs COMT
PDBC	Invesco Optimum Yield Diversified Commodity Strate...	30.72%	Nov 7, 2014	FAAR vs PDBC

Lowest Volatility Alternatives to FAAR

FAAR alternatives from the Commodities category, sorted by annualized volatility over the past year.

Symbol	Name	Volatility 1Y	Inception
COM	Direxion Auspice Broad Commodity Strategy ETF	10.35%	Mar 30, 2017	FAAR vs COM
CMDT	PIMCO Commodity Strategy Active Exchange-Traded Fu...	13.23%	May 9, 2023	FAAR vs CMDT
ZSC	USCF Sustainable Commodity Strategy Fund	13.56%	Aug 8, 2023	FAAR vs ZSC
BCD	abrdn Bloomberg All Commodity Longer Dated Strateg...	15.15%	Mar 30, 2017	FAAR vs BCD
CERY	SPDR Bloomberg Enhanced Roll Yield Commodity Strat...	16.40%	Sep 4, 2024	FAAR vs CERY

Lowest Drawdown Alternatives to FAAR

FAAR alternatives from the Commodities category, sorted by maximum drawdown over the past year.

Symbol	Name	Max Drawdown 1Y	Inception
ISCMF	iShares Diversified Commodity Swap UCITS ETF	-5.69%	Mar 4, 2022	FAAR vs ISCMF
COM	Direxion Auspice Broad Commodity Strategy ETF	-6.15%	Mar 30, 2017	FAAR vs COM
ZSC	USCF Sustainable Commodity Strategy Fund	-7.69%	Aug 8, 2023	FAAR vs ZSC
HGER	Harbor Commodity All-Weather Strategy ETF	-8.84%	Feb 9, 2022	FAAR vs HGER
COMB	GraniteShares Bloomberg Commodity Broad Strategy N...	-9.19%	May 22, 2017	FAAR vs COMB

Other ETFs from First Trust

Most popular First Trust ETFs on PortfoliosLab, across asset classes.

Symbol	Name	Category	Risk / Return Rank	YTD Return	Inception
CIBR	First Trust NASDAQ Cybersecurity ETF	Technology Equities, Cybersecurity	12	-12.12%	Jul 7, 2015	FAAR vs CIBR
NFTY	First Trust India NIFTY 50 Equal Weight ETF	Asia Pacific Equities	5	-11.19%	Feb 14, 2012	FAAR vs NFTY
GRID	First Trust Nasdaq Clean Edge Smart GRID Infrastru...	Alternative Energy Equities	94	6.96%	Nov 17, 2009	FAAR vs GRID
FDL	First Trust Morningstar Dividend Leaders Index Fun...	Large Cap Value Equities, Dividend	79	15.49%	Mar 9, 2006	FAAR vs FDL
AIRR	First Trust RBA American Industrial Renaissance ET...	Building & Construction	95	12.74%	Mar 10, 2014	FAAR vs AIRR
IGLD	FT Cboe Vest Gold Strategy Target Income ETF	Precious Metals, Gold	84	5.99%	Mar 2, 2021	FAAR vs IGLD
TDIV	First Trust NASDAQ Technology Dividend Index Fund	Technology Equities, Dividend	77	-2.96%	Aug 14, 2012	FAAR vs TDIV
KNG	FT Cboe Vest S&P 500 Dividend Aristocrats Target I...	Dividend, S&P 500	25	1.24%	Mar 26, 2018	FAAR vs KNG
ROBT	First Trust Nasdaq Artificial Intelligence & Robot...	Technology Equities, Robotics	28	-11.00%	Feb 21, 2018	FAAR vs ROBT
QCLN	First Trust NASDAQ Clean Edge Green Energy Index F...	Alternative Energy Equities	87	4.23%	Feb 8, 2007	FAAR vs QCLN

Often Compared With FAAR

What investors most often compare with FAAR, based on PortfoliosLab usage data.

Symbol	Name	Category	Risk / Return Rank	YTD Return	Inception
PALL	Aberdeen Standard Physical Palladium Shares ETF	Precious Metals	58	-7.34%	Jan 6, 2010	FAAR vs PALL
ETH-USD	Ethereum		77	-28.75%	—	FAAR vs ETH-USD
FUTY	Fidelity MSCI Utilities Index ETF	Utilities Equities	70	7.67%	Oct 21, 2013	FAAR vs FUTY
DBMF	iM DBi Managed Futures Strategy ETF	Hedge Fund, Actively Managed	95	7.87%	May 8, 2019	FAAR vs DBMF
VTI	Vanguard Total Stock Market ETF	Large Cap Blend Equities	65	-4.01%	Jun 27, 2016	FAAR vs VTI
BTC-USD	Bitcoin		45	-21.95%	—	FAAR vs BTC-USD
KMLM	KFA Mount Lucas Index Strategy ETF	Long-Short, Actively Managed	46	8.67%	Dec 2, 2020	FAAR vs KMLM
GLD	SPDR Gold Shares	Gold, Precious Metals	87	8.57%	Nov 18, 2004	FAAR vs GLD
KEUA	KraneShares European Carbon Allowance Strategy ETF	Commodities	14	-19.02%	Oct 4, 2021	FAAR vs KEUA
ARKK	ARK Innovation ETF	Actively Managed, Technology Equities	55	-12.13%	Oct 31, 2014	FAAR vs ARKK
DBC	Invesco DB Commodity Index Tracking Fund	Commodities	86	29.47%	Feb 3, 2006	FAAR vs DBC
XDQQ	Innovator Growth Accelerated ETF - Quarterly	Actively Managed, Leveraged, Leveraged Equities	49	-6.44%	Apr 1, 2021	FAAR vs XDQQ
MMIT	IQ MacKay Municipal Intermediate ETF	Municipal Bonds, Actively Managed	62	-0.05%	Oct 18, 2017	FAAR vs MMIT
QMOM	Alpha Architect U.S. Quantitative Momentum ETF	Mid Cap Growth Equities, Actively Managed	43	4.62%	Dec 2, 2015	FAAR vs QMOM
JEPI	JPMorgan Equity Premium Income ETF	Actively Managed, Dividend, Derivative Income	39	0.20%	May 20, 2020	FAAR vs JEPI
RAAX	VanEck Inflation Allocation ETF	Diversified Portfolio, Actively Managed	94	16.55%	Apr 9, 2018	FAAR vs RAAX
FTHI	First Trust BuyWrite Income ETF	Actively Managed, Derivative Income	65	-0.61%	Jan 6, 2014	FAAR vs FTHI
PSCX	Pacer Swan SOS Conservative (December) ETF	Large Cap Blend Equities, Actively Managed	79	-1.88%	Dec 22, 2020	FAAR vs PSCX
USOI	Credit Suisse X-Links Crude Oil Shares Covered Cal...	Commodities	45	27.96%	Apr 25, 2017	FAAR vs USOI
CCRV	iShares Commodity Curve Carry Strategy ETF	Commodities	—	—	Sep 1, 2020	FAAR vs CCRV

Compare FAAR with Any Fund or Stock

Compare FAAR with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.

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First Trust Alternative Absolute Return Strategy ETF

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