See what your fund actually adds
First Trust Alternative Absolute Return Strategy ETF FAAR
Historical return decomposition and an investable replication portfolio, using data through 2026-10-09.
Fund and replication metrics
| Measure | FAAR | Replication |
|---|---|---|
| Annualized growth | 7.2% | 6.9% |
| Annualized volatility | 11.4% | 7.6% |
| Sharpe ratio | 0.67 | 0.91 |
| Maximum drawdown | 16.7% | 10.3% |
| Replication fit (R²) | 0.40 · Tracking error 8.8% | |
Replication portfolio
The published portfolio below is the investable basket used to model FAAR’s historical return behavior.
| Ticker | Building block | Weight |
|---|---|---|
| STIP | FI · Short TIPS | 57.4% |
| BCI | Alternatives · Commodities | 38.0% |
| XLE | Sector · Energy | 4.6% |