FAAR vs. ETH-USD
FAAR (First Trust Alternative Absolute Return Strategy ETF) is Commodities fund actively managed by First Trust, while ETH-USD (Ethereum) is a cryptocurrency. Over the past 10 years, FAAR returned 4.24%/yr vs 65.81%/yr for ETH-USD. At a 0.03 correlation, their price movements are largely independent.
Performance
FAAR vs. ETH-USD - Performance Comparison
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Returns By Period
In the year-to-date period, FAAR achieves a 15.77% return, which is significantly higher than ETH-USD's -38.49% return. Over the past 10 years, FAAR has underperformed ETH-USD with an annualized return of 4.24%, while ETH-USD has yielded a comparatively higher 65.81% annualized return.
FAAR
- 1D
- -0.63%
- 1M
- -5.61%
- 6M
- 13.29%
- YTD
- 15.77%
- 1Y
- 21.06%
- 3Y*
- 9.16%
- 5Y*
- 6.81%
- 10Y*
- 4.24%
ETH-USD
- 1D
- 2.13%
- 1M
- 9.57%
- 6M
- -41.49%
- YTD
- -38.49%
- 1Y
- -38.02%
- 3Y*
- -3.10%
- 5Y*
- -1.22%
- 10Y*
- 65.81%
FAAR vs. ETH-USD - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
FAAR First Trust Alternative Absolute Return Strategy ETF | 15.77% | 8.07% | 5.97% | -5.63% | 10.15% | 12.34% | 8.60% | -1.28% | -9.17% | 5.00% |
ETH-USD Ethereum | -38.49% | -10.91% | 46.00% | 90.84% | -67.48% | 398.30% | 473.88% | -1.52% | -82.39% | 8,984.19% |
Correlation
The correlation between FAAR and ETH-USD is -0.01, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.01 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.00 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.02 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.03 |
Correlation (All Time) Calculated using the full available price history since May 23, 2016 | 0.03 |
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Return for Risk
FAAR vs. ETH-USD — Risk / Return Rank
FAAR
ETH-USD
FAAR vs. ETH-USD - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for First Trust Alternative Absolute Return Strategy ETF (FAAR) and Ethereum (ETH-USD). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| FAAR | ETH-USD | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +2.36 | ||
| Sortino ratioReturn per unit of downside risk | +3.16 | ||
| Omega ratioGain probability vs. loss probability | 1.31 | 0.94 | +0.36 |
| Calmar ratioReturn relative to maximum drawdown | 2.61 | -0.56 | +3.17 |
| Martin ratioReturn relative to average drawdown | 9.12 | -0.88 | +10.00 |
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Drawdowns
FAAR vs. ETH-USD - Drawdown Comparison
The maximum FAAR drawdown since its inception was -18.03%, smaller than the maximum ETH-USD drawdown of -94.01%. Use the drawdown chart below to compare losses from any high point for FAAR and ETH-USD.
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Drawdown Indicators
| FAAR | ETH-USD | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -18.03% | -94.01% | +75.98% |
Max Drawdown (1Y)Largest decline over 1 year | -8.94% | -67.60% | +58.66% |
Max Drawdown (3Y)Largest decline over 3 years | -11.54% | -67.60% | +56.06% |
Max Drawdown (5Y)Largest decline over 5 years | -18.03% | -79.35% | +61.32% |
Max Drawdown (10Y)Largest decline over 10 years | -18.03% | -94.01% | +75.98% |
Current DrawdownCurrent decline from peak | -8.94% | -62.23% | +53.29% |
Average DrawdownAverage peak-to-trough decline | -7.82% | -50.99% | +43.17% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.55% | 36.62% | -34.07% |
Volatility
FAAR vs. ETH-USD - Volatility Comparison
The current volatility for First Trust Alternative Absolute Return Strategy ETF (FAAR) is 2.63%, while Ethereum (ETH-USD) has a volatility of 12.64%. This indicates that FAAR experiences smaller price fluctuations and is considered to be less risky than ETH-USD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| FAAR | ETH-USD | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.63% | 12.64% | -10.01% |
Volatility (6M)Calculated over the trailing 6-month period | 9.81% | 46.73% | -36.92% |
Volatility (1Y)Calculated over the trailing 1-year period | 13.05% | 55.18% | -42.13% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 12.93% | 58.72% | -45.79% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 11.55% | 76.84% | -65.29% |
Frequently Asked Questions
FAAR and ETH-USD have a correlation of -0.01, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
ETH-USD has higher volatility (12.64%) compared to FAAR (2.63%). In terms of maximum drawdown, FAAR dropped -18.03% vs ETH-USD's -94.01%.
FAAR currently has the higher Sharpe Ratio (1.79 vs -0.57), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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