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 4.79%/yr vs 61.25%/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 20.23% return, which is significantly higher than ETH-USD's -41.71% return. Over the past 10 years, FAAR has underperformed ETH-USD with an annualized return of 4.79%, while ETH-USD has yielded a comparatively higher 61.25% annualized return.
FAAR
- 1D
- -0.05%
- 1M
- -4.34%
- YTD
- 20.23%
- 6M
- 19.92%
- 1Y
- 26.86%
- 3Y*
- 10.91%
- 5Y*
- 7.89%
- 10Y*
- 4.79%
ETH-USD
- 1D
- 1.44%
- 1M
- -18.24%
- YTD
- -41.71%
- 6M
- -42.50%
- 1Y
- -22.40%
- 3Y*
- -2.98%
- 5Y*
- -2.56%
- 10Y*
- 61.25%
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 | 20.23% | 8.07% | 5.97% | -5.63% | 10.15% | 12.34% | 8.60% | -1.28% | -9.17% | 5.00% |
ETH-USD Ethereum | -41.71% | -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 -0.02, 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 | -0.02 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.01 |
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 | +2.35 | ||
| Sortino ratioReturn per unit of downside risk | +2.95 | ||
| Omega ratioGain probability vs. loss probability | 1.35 | 0.99 | +0.35 |
| Calmar ratioReturn relative to maximum drawdown | 4.75 | -0.33 | +5.08 |
| Martin ratioReturn relative to average drawdown | 14.70 | -0.55 | +15.25 |
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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 | -5.68% | -67.53% | +61.85% |
Max Drawdown (3Y)Largest decline over 3 years | -11.54% | -67.53% | +55.99% |
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 | -5.43% | -64.21% | +58.78% |
Average DrawdownAverage peak-to-trough decline | -7.82% | -50.92% | +43.10% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.89% | 40.98% | -39.09% |
Volatility
FAAR vs. ETH-USD - Volatility Comparison
The current volatility for First Trust Alternative Absolute Return Strategy ETF (FAAR) is 2.47%, while Ethereum (ETH-USD) has a volatility of 17.95%. 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 | 2.47% | 17.95% | -15.48% |
Volatility (6M)Calculated over the trailing 6-month period | 9.68% | 46.13% | -36.45% |
Volatility (1Y)Calculated over the trailing 1-year period | 13.37% | 56.02% | -42.65% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 12.95% | 59.17% | -46.22% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 11.53% | 77.04% | -65.51% |
Frequently Asked Questions
FAAR and ETH-USD have a correlation of -0.02, 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 (17.95%) compared to FAAR (2.47%). In terms of maximum drawdown, FAAR dropped -18.03% vs ETH-USD's -94.01%.
FAAR currently has the higher Sharpe Ratio (2.02 vs -0.33), 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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