KDRN vs. FAAR
KDRN (Kingsbarn Tactical Bond ETF) and FAAR (First Trust Alternative Absolute Return Strategy ETF) are both exchange-traded funds - KDRN is a Intermediate Core-Plus Bond fund actively managed by Kingsbarn, while FAAR is a Commodities fund actively managed by First Trust. Both are actively managed. Over the past 3 years, KDRN returned 3.44%/yr vs 10.85%/yr for FAAR. At a correlation of -0.09, they often move in opposite directions. KDRN charges 1.09%/yr vs 0.95%/yr for FAAR.
Performance
KDRN vs. FAAR - Performance Comparison
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Returns By Period
In the year-to-date period, KDRN achieves a 1.33% return, which is significantly lower than FAAR's 20.28% return.
KDRN
- 1D
- 0.09%
- 1M
- 0.56%
- YTD
- 1.33%
- 6M
- 1.24%
- 1Y
- 3.40%
- 3Y*
- 3.44%
- 5Y*
- —
- 10Y*
- —
FAAR
- 1D
- 0.31%
- 1M
- -4.57%
- YTD
- 20.28%
- 6M
- 20.86%
- 1Y
- 26.92%
- 3Y*
- 10.85%
- 5Y*
- 8.03%
- 10Y*
- 4.74%
KDRN vs. FAAR - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
KDRN Kingsbarn Tactical Bond ETF | 1.33% | 4.65% | 1.30% | 10.06% | -12.05% | 0.06% |
FAAR First Trust Alternative Absolute Return Strategy ETF | 20.28% | 8.07% | 5.97% | -5.63% | 10.15% | 1.71% |
Correlation
The correlation between KDRN and FAAR is -0.25, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.25 |
Correlation (3Y) Calculated over the trailing 3-year period | -0.10 |
Correlation (All Time) Calculated using the full available price history since Dec 21, 2021 | -0.09 |
The correlation between KDRN and FAAR shifts across timeframes, from -0.25 (1 year) to -0.09 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
KDRN vs. FAAR — Risk / Return Rank
KDRN
FAAR
KDRN vs. FAAR - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Kingsbarn Tactical Bond ETF (KDRN) and First Trust Alternative Absolute Return Strategy ETF (FAAR). 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.
| KDRN | FAAR | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.94 | ||
| Sortino ratioReturn per unit of downside risk | -1.30 | ||
| Omega ratioGain probability vs. loss probability | 1.20 | 1.34 | -0.14 |
| Calmar ratioReturn relative to maximum drawdown | 2.02 | 4.72 | -2.70 |
| Martin ratioReturn relative to average drawdown | 3.99 | 14.40 | -10.41 |
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Drawdowns
KDRN vs. FAAR - Drawdown Comparison
The maximum KDRN drawdown since its inception was -15.29%, smaller than the maximum FAAR drawdown of -18.03%. Use the drawdown chart below to compare losses from any high point for KDRN and FAAR.
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Drawdown Indicators
| KDRN | FAAR | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -15.29% | -18.03% | +2.74% |
Max Drawdown (1Y)Largest decline over 1 year | -1.77% | -5.68% | +3.91% |
Max Drawdown (3Y)Largest decline over 3 years | -4.94% | -11.54% | +6.60% |
Max Drawdown (5Y)Largest decline over 5 years | — | -18.03% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -18.03% | — |
Current DrawdownCurrent decline from peak | -0.71% | -5.39% | +4.68% |
Average DrawdownAverage peak-to-trough decline | -4.72% | -7.83% | +3.11% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.90% | 1.87% | -0.97% |
Volatility
KDRN vs. FAAR - Volatility Comparison
The current volatility for Kingsbarn Tactical Bond ETF (KDRN) is 0.68%, while First Trust Alternative Absolute Return Strategy ETF (FAAR) has a volatility of 2.50%. This indicates that KDRN experiences smaller price fluctuations and is considered to be less risky than FAAR based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| KDRN | FAAR | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.68% | 2.50% | -1.82% |
Volatility (6M)Calculated over the trailing 6-month period | 2.01% | 9.71% | -7.70% |
Volatility (1Y)Calculated over the trailing 1-year period | 3.35% | 13.36% | -10.01% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 6.58% | 12.95% | -6.37% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 6.58% | 11.53% | -4.95% |
KDRN vs. FAAR - Expense Ratio Comparison
KDRN has a 1.09% expense ratio, which is higher than FAAR's 0.95% expense ratio.
Dividends
KDRN vs. FAAR - Dividend Comparison
KDRN's dividend yield for the trailing twelve months is around 3.11%, less than FAAR's 9.57% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
FAAR First Trust Alternative Absolute Return Strategy ETF | 9.57% | 11.63% | 3.45% | 3.20% | 5.82% | 6.49% | 3.05% | 1.02% | 0.58% | 2.83% |
KDRN Kingsbarn Tactical Bond ETF | 3.11% | 2.54% | 2.83% | 2.84% | 2.11% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
KDRN and FAAR have a correlation of -0.25, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
FAAR has higher volatility (2.50%) compared to KDRN (0.68%). In terms of maximum drawdown, KDRN dropped -15.29% vs FAAR's -18.03%.
On 3-year performance, FAAR leads with 10.85% vs 3.44% for KDRN. On fees, FAAR is cheaper at 0.95% per year. On volatility, KDRN has been the lower-risk option at 0.68%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 3-year period, FAAR has performed better with a 10.85% return vs 3.44%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
FAAR is cheaper with a 0.95% expense ratio, compared with 1.09% for KDRN.
FAAR has the higher dividend yield at 9.57%, compared with 3.11% for KDRN.
KDRN is categorized as Intermediate Core-Plus Bond, while FAAR is Commodities. They also come from different issuers: Kingsbarn and First Trust. Their fees differ too: 1.09% for KDRN and 0.95% for FAAR.
FAAR currently has the higher Sharpe Ratio (2.01 vs 1.07), 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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