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 4.38%/yr vs 66.66%/yr for ETH-USD. Their 0.03 correlation means their historical movements had little consistent relationship.
Performance
FAAR vs. ETH-USD - Performance Comparison
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Returns By Period
In the year-to-date period, FAAR achieves a 15.98% return, which is significantly higher than ETH-USD's -36.94% return. Over the past 10 years, FAAR has underperformed ETH-USD with an annualized return of 4.38%, while ETH-USD has yielded a comparatively higher 66.66% annualized return.
FAAR
- 1D
- -0.11%
- 1M
- -0.80%
- 6M
- 6.86%
- YTD
- 15.98%
- 1Y
- 21.75%
- 3Y*
- 8.66%
- 5Y*
- 6.90%
- 10Y*
- 4.38%
- ALL TIME*
- 4.24%
ETH-USD
- 1D
- 1.51%
- 1M
- 6.54%
- 6M
- -17.51%
- YTD
- -36.94%
- 1Y
- -44.85%
- 3Y*
- 0.66%
- 5Y*
- -5.69%
- 10Y*
- 66.66%
- ALL TIME*
- 79.63%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
ETH-USD Ethereum | $18.30T | $18.49T | $25.83T |
| $1.17M | $1.04M | $1.66M |
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 | 15.98% | 8.07% | 5.97% | -5.63% | 10.15% | 12.34% | 8.60% | -1.28% | -9.17% | 5.00% |
ETH-USD Ethereum | -36.94% | -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 was essentially no consistent relationship between their historical price movements. Each responded to its own set of market drivers.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | -0.01 |
Correlation (3Y) Balances recent behavior with more history. | 0.00 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.02 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.04 |
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 | +2.28 | ||
| Sortino ratioReturn per unit of downside risk | +3.16 | ||
| Omega ratioGain probability vs. loss probability | 1.28 | 0.92 | +0.36 |
| Calmar ratioReturn relative to maximum drawdown | 2.18 | -0.66 | +2.84 |
| Martin ratioReturn relative to average drawdown | 6.19 | -0.98 | +7.17 |
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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 | -9.34% | -67.60% | +58.26% |
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 | -8.77% | -61.27% | +52.50% |
Average DrawdownAverage peak-to-trough decline | -7.83% | -51.05% | +43.22% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.29% | 34.91% | -31.62% |
Volatility
FAAR vs. ETH-USD - Volatility Comparison
The current volatility for First Trust Alternative Absolute Return Strategy ETF (FAAR) is 2.11%, while Ethereum (ETH-USD) has a volatility of 11.59%. 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 | 2.11% | 11.59% | -9.48% |
Volatility (6M)Calculated over the trailing 6-month period | 9.47% | 43.68% | -34.21% |
Volatility (1Y)Calculated over the trailing 1-year period | 12.74% | 54.71% | -41.97% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 11.87% | 58.51% | -46.64% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 11.54% | 76.01% | -64.47% |
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 (11.59%) compared to FAAR (2.11%). In terms of maximum drawdown, FAAR dropped -18.03% vs ETH-USD's -94.01%.
FAAR currently has the higher Sharpe Ratio (1.60 vs -0.68), 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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