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 a closer substitute for your current allocation.
Cheapest Alternatives to FAAR
FAAR charges 0.95% annually. There are 35 ETFs in the Commodities category with lower expense ratios, going as low as 0.19%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| iShares Diversified Commodity Swap UCITS ETF | 0.19% | 1.44B | Mar 2022 | FAAR vs ISCMF | |
| GraniteShares Bloomberg Commodity Broad Strategy N... | 0.25% | 148.77M | May 2017 | FAAR vs COMB | |
| abrdn Bloomberg All Commodity Strategy K-1 Free ET... | 0.26% | 2.98B | Mar 2017 | FAAR vs BCI | |
| iShares Bloomberg Roll Select Commodity Strategy E... | 0.28% | 558.83M | Apr 2018 | FAAR vs CMDY | |
| SPDR Bloomberg Enhanced Roll Yield Commodity Strat... | 0.28% | 990.78M | Sep 2024 | FAAR vs CERY |
Best Risk-Adjusted Alternatives to FAAR
FAAR has a PortfoliosLab risk / return rank of 60. There are 24 ETFs in the Commodities category with higher risk-adjusted ranks, going as high as 99.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Breakwave Tanker Shipping ETF | 99 | 35.89M | May 2023 | FAAR vs BWET | |
| State Street Multi-Asset Real Return ETF | 90 | 1.27B | Apr 2012 | FAAR vs RLY | |
| Direxion Auspice Broad Commodity Strategy ETF | 88 | 204.85M | Mar 2017 | FAAR vs COM | |
| VanEck Commodity Strategy ETF | 88 | 313.41M | Dec 2022 | FAAR vs PIT | |
| First Trust Global Tactical Commodity Strategy Fun... | 86 | 3.00B | Oct 2013 | FAAR vs FTGC |
Top Performing FAAR Alternatives (YTD)
FAAR is at 14.32% YTD. There are 25 ETFs in the Commodities category with higher YTD returns, going as high as 1,246.34%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Breakwave Tanker Shipping ETF | 1,246.34% | 35.89M | May 2023 | FAAR vs BWET | |
| Breakwave Dry Bulk Shipping ETF | 59.06% | 29.69M | Mar 2018 | FAAR vs BDRY | |
| VanEck Commodity Strategy ETF | 39.56% | 313.41M | Dec 2022 | FAAR vs PIT | |
| USCF Energy Commodity Strategy Absolute Return Fun... | 36.22% | 6.48M | May 2023 | FAAR vs USE | |
| iShares S&P GSCI Commodity-Indexed Trust | 35.21% | 927.94M | Jul 2006 | FAAR vs GSG |
Lowest Volatility Alternatives to FAAR
FAAR has 12.76% 1-year volatility. There are 4 ETFs in the Commodities category with lower 1-year volatility, going as low as 10.08%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Direxion Auspice Broad Commodity Strategy ETF | 10.08% | 204.85M | Mar 2017 | FAAR vs COM | |
| State Street Multi-Asset Real Return ETF | 10.61% | 1.27B | Apr 2012 | FAAR vs RLY | |
| Simplify Chinese Commodities Strategy No K-1 ETF | 12.48% | 100.32M | Jan 2026 | FAAR vs CCOM | |
| VanEck CMCI Commodity Strategy ETF | 12.57% | — | Aug 2023 | FAAR vs CMCI | |
| USCF Sustainable Commodity Strategy Fund | 12.84% | 2.96M | Aug 2023 | FAAR vs ZSC |
Lowest Drawdown Alternatives to FAAR
FAAR has a 1-year max drawdown of -10.08%. There are 4 ETFs in the Commodities category with shallower 1-year drawdowns, going as shallow as -7.54%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| State Street Multi-Asset Real Return ETF | -7.54% | 1.27B | Apr 2012 | FAAR vs RLY | |
| Direxion Auspice Broad Commodity Strategy ETF | -7.63% | 204.85M | Mar 2017 | FAAR vs COM | |
| USCF Sustainable Commodity Strategy Fund | -7.69% | 2.96M | Aug 2023 | FAAR vs ZSC | |
| Teucrium Agricultural Strategy No K-1 ETF | -9.87% | 32.30M | May 2022 | FAAR vs TILL | |
| VanEck CMCI Commodity Strategy ETF | -10.77% | — | Aug 2023 | FAAR vs CMCI |
Other ETFs from First Trust
The 10 most viewed First Trust ETFs shown here include CIBR, GRID, AIRR and span 16 categories. AUM among these funds goes as high as $25B.
Often Compared With FAAR
Investors most often compare FAAR with PALL, FUTY, ETH-USD. These 20 comparison targets span 11 categories, based on PortfoliosLab usage data.
Compare FAAR with Any Fund or Stock
Compare FAAR with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair FAAR with funds that move differently
First Trust Alternative Absolute Return Strategy ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to FAAR.
Explore FAAR Diversifiers