First Trust Alternative Absolute Return Strategy ETF (FAAR)

• Market cap: $109M
• 1 day: -0.36%
• 5 days: 0.73%
• 1 month: 4.68%
• 3 months: 6.85%
• 6 months: 7.65%
• Year to date: 7.19%
• 1 year: 7.95%
• 5 years: 13.05%
• 10 years: 1.77%

Fund manager confidence

Based on 2025 Q2 regulatory disclosures by fund managers ($100M+ AUM)

29% more repeat investments, than reductions

Existing positions increased: 27 | Existing positions reduced: 21

1.29% more ownership

Funds ownership: 76.09% [Q1] → 77.38% (+1.29%) [Q2]

1% more capital invested

Capital invested by funds: $75.5M [Q1] → $76.2M (+$727K) [Q2]

9% less funds holding

Funds holding: 68 [Q1] → 62 (-6) [Q2]

33% less first-time investments, than exits

New positions opened: 8 | Existing positions closed: 12