Equity Details
Price & Market Data
Price: $34.06
Daily Change: -$0.234 / 0.69%
Daily Range: $34.02 - $34.33
Market Cap: $0
Daily Volume: 97,280
Performance Metrics
1 Week: -0.45%
1 Month: 1.48%
3 Months: 14.78%
6 Months: 13.56%
1 Year: 27.26%
YTD: 25.62%
About First Trust Alternative Absolute Return Strategy ETF (FAAR)
Market analysis of First Trust Alternative Absolute Return Strategy ETF (FAAR). Current price: 34.06, daily change: -$0.234 / 0.69%. Market cap: N/A. All updated performance metrics available.
Details
The fund is an actively managed exchange-traded fund that seeks to achieve long-term total return through long and short investments in exchange-traded commodity futures contracts ("Commodity Futures") through a wholly-owned subsidiary of the fund organized under the laws of the Cayman Islands (the "Subsidiary"). It does not invest directly in Commodity Futures. The advisor gains exposure to these investments exclusively by investing in the Subsidiary. The Subsidiary is advised by First Trust Advisors L.P., the fund's investment advisor.