First Trust - Alternative Absolute Return Strategy ETF Symbol: FAAR

The Alternative Absolute Return Strategy ETF fund, symbol FAAR, is an exchange traded fund (ETF) within the First Trust family. There aren't any other funds that we track with a return profile that is extremely similar to FAAR.

Which First Trust funds are most similar to FAAR?

We don't track any First Trust funds which are similar enough to FAAR to be practically useful.

Which Non-First Trust funds are most similar to FAAR?

We don't track any Non-First Trust funds which are similar enough to FAAR to be practically useful.

Which First Trust funds are negatively correlated to FAAR?

Correlation Symbol Fund Family Fund Name Compare
-3.2% FUMB First Trust Ultra Short Duration Municipal ETF
-2.9% FMHI First Trust Municipal High Income ETF
-2.3% FPEI First Trust Institutional Preferred Securities and Income ETF
-2.0% FXU First Trust Utilities AlphaDEX® Fund
-1.6% FPE First Trust Preferred Securities and Income ETF
-1.4% MARB First Trust Merger Arbitrage ETF
-0.6% FTXG First Trust Nasdaq Food & Beverage ETF
-0.5% UCON First Trust TCW Unconstrained Plus Bond ETF
-0.5% FTSM First Trust Enhanced Short Maturity ETF
-0.5% FRI First Trust S&P REIT Index Fund

Which Non-First Trust funds are negatively correlated to FAAR?

Correlation Symbol Fund Family Fund Name Compare
-15.7% GLL PowerShares UltraShort Gold **
-14.2% CROC PowerShares UltraShort Australian Dollar **
-13.0% DUG PowerShares UltraShort Oil & Gas
-12.2% DDG PowerShares Short Oil & Gas
-11.3% UUP Investco DB US Dollar Index Bullish Fund
-10.5% EUO PowerShares UltraShort Euro **
-10.4% FXP PowerShares UltraShort FTSE China 50
-9.9% YXI PowerShares Short FTSE China 50
-8.8% SBM PowerShares Short Basic Materials
-8.7% EUM PowerShares Short MSCI Emerging Markets

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