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Frontier Asset Absolute Return ETF (FARX)
Performance
Return for Risk
Dividends
Drawdowns
Volatility

ETF Info

CUSIP
00764Q637
Issuer
Frontier
Inception Date
Dec 19, 2024
Region
Global (Broad)
Leveraged
1x (No leverage)
Index Tracked
No Index (Active)
Distribution Policy
Distributing
Asset Class
Alternatives
Asset Class Size
Multi-Cap
Asset Class Style
Blend
Assets Under Management
$12M

Share Price Chart


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Performance

FARX Performance Chart

Frontier Asset Absolute Return ETF (FARX) is up 7.0% since the beginning of the year. FARX is currently trading at $29 per share.


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S&P 500 Index

Returns By Period

Frontier Asset Absolute Return ETF (FARX) has returned 6.99% so far this year and 19.41% over the past 12 months.


Frontier Asset Absolute Return ETF

1D
0.24%
1M
0.65%
YTD
6.99%
6M
9.04%
1Y
19.41%
3Y*
5Y*
10Y*

Benchmark (S&P 500 Index)

1D
0.26%
1M
4.84%
YTD
2.86%
6M
6.22%
1Y
33.47%
3Y*
19.26%
5Y*
10.96%
10Y*
12.89%
*Multi-year figures are annualized to reflect compound growth (CAGR)

FARX Monthly Returns History

Based on dividend-adjusted daily data since Dec 20, 2024, FARX's average daily return is +0.05%, while the average monthly return is +1.03%. At this rate, an investment would double in approximately 5.6 years.

Historically, 76% of months were positive and 24% were negative. The best month was Jan 2026 with a return of +3.5%, while the worst month was Apr 2025 at -1.6%. The longest winning streak lasted 7 consecutive months, and the longest losing streak was 1 months.

On a daily basis, FARX closed higher 61% of trading days. The best single day was Apr 9, 2025 with a return of +1.8%, while the worst single day was Jan 30, 2026 at -2.1%.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
20263.46%2.64%-0.61%1.38%6.99%
20251.89%-0.90%0.26%-1.56%0.78%1.80%-0.17%1.80%2.92%1.30%1.27%0.84%10.61%
20240.35%0.35%

Benchmark Metrics

Frontier Asset Absolute Return ETF has an annualized alpha of 10.64%, beta of 0.23, and R² of 0.33 versus S&P 500 Index. Calculated based on daily prices since December 23, 2024.

  • This ETF captured 45.49% of S&P 500 Index gains and tended to rise during its downturns (downside capture of -7.25%) — a profile typical of hedging or uncorrelated assets.
  • Beta of 0.23 may look defensive, but with R² of 0.33 this ETF is largely uncorrelated with S&P 500 Index — low beta reflects independence, not downside protection. See the Volatility section for a true picture of this ETF's risk.
  • R² of 0.33 means the benchmark explains less than half of this ETF's behavior — treat beta with caution or consider switching to a more representative benchmark.

Alpha
10.64%
Beta
0.23
0.33
Upside Capture
45.49%
Downside Capture
-7.25%

Expense Ratio

FARX has a high expense ratio of 1.00%, indicating above-average management fees.


Return for Risk

Risk / Return Rank

FARX ranks 85 for risk / return — in the top 85% of ETFs on our site. This means strong returns relative to risk — exactly what professional investors look for. Well-suited for investors who want to maximize return per unit of risk.


FARX Risk / Return Rank: 8585
Overall Rank
FARX Sharpe Ratio Rank: 7979
Sharpe Ratio Rank
FARX Sortino Ratio Rank: 7777
Sortino Ratio Rank
FARX Omega Ratio Rank: 8484
Omega Ratio Rank
FARX Calmar Ratio Rank: 9494
Calmar Ratio Rank
FARX Martin Ratio Rank: 9292
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

Return / Risk — by metrics

The table below present risk-adjusted performance metrics for Frontier Asset Absolute Return ETF (FARX) and compare them to a chosen benchmark (S&P 500 Index).


FARXBenchmarkDifference

Sharpe ratio

Return per unit of total volatility

2.84

2.59

+0.25

Sortino ratio

Return per unit of downside risk

3.87

3.60

+0.27

Omega ratio

Gain probability vs. loss probability

1.57

1.48

+0.08

Calmar ratio

Return relative to maximum drawdown

7.16

3.33

+3.83

Martin ratio

Return relative to average drawdown

25.10

15.04

+10.06

Explore FARX risk-adjusted metrics in detail

Dive deeper into individual metrics with historical trends, benchmark comparisons, and performance across different time periods.

Dividends

Dividend History

Frontier Asset Absolute Return ETF provided a 2.96% dividend yield over the last twelve months, with an annual payout of $0.85 per share.


0.00%0.50%1.00%1.50%2.00%2.50%3.00%3.50%$0.00$0.20$0.40$0.60$0.8020242025
Dividends
Dividend Yield
PeriodTTM20252024
Dividend$0.85$0.88$0.05

Dividend yield

2.96%3.25%0.19%

Monthly Dividends

The table displays the monthly dividend distributions for Frontier Asset Absolute Return ETF. The dividends shown in the table have been adjusted to account for any splits that may have occurred.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2026$0.00$0.00$0.06$0.00$0.06
2025$0.00$0.00$0.09$0.00$0.00$0.13$0.00$0.00$0.12$0.00$0.00$0.54$0.88
2024$0.05$0.05

Drawdowns

Drawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.


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Worst Drawdowns

The table below displays the maximum drawdowns of the Frontier Asset Absolute Return ETF. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.

The maximum drawdown for the Frontier Asset Absolute Return ETF was 5.83%, occurring on Apr 7, 2025. Recovery took 71 trading sessions.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-5.83%Feb 19, 202534Apr 7, 202571Jul 21, 2025105
-2.8%Jan 30, 20265Feb 5, 202613Feb 25, 202618
-2.34%Mar 3, 202615Mar 23, 20267Apr 1, 202622
-2.31%Jul 24, 20257Aug 1, 202521Sep 2, 202528
-2%Nov 13, 20256Nov 20, 20255Nov 28, 202511

Volatility

Volatility Chart

The chart below shows the rolling one-month volatility.


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Portfolio Analyzer

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