ducovest

FAAR:NSD-First Trust Alternative Absolute Return Strategy ETF (USD)

ETF | Commodities Broad Basket | NASDAQ Global Market

Last Closing

USD 29.22

Change

-0.06 (-0.20)%

Market Cap

USD 2.90M

Volume

0.03M

Analyst Target

N/A
Analyst Rating

Verdict

ducovest Verdict

Verdict

About

The investment seeks to provide investors with long-term total return. 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 will not invest directly in Commodity Futures. The advisor expects to gain 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. It is non-diversified.

Company Website : www.ftportfolios.com

Currency: USD

Country : USA

Inception Date: 18/05/2016

Primary Benchmark: Bloomberg Commodity TR USD

Primary Index: Credit Suisse Mgd Futures Liquid TR USD

Gross Expense Ratio: NA%

Management Expense Ratio: 0.95 %

Unadjusted Closing Price

Adjusted Closing Price

Assets

N/A

Top Holdings

N/A

Top Sectors

N/A

Top Regions

N/A

Share Volume

Relative Performance (Total Returns)

Compare
Relative Returns (From:    To: 2024-04-16 )

Largest Industry Peers for Commodities Broad Basket

Symbol Name Mer Price(Change) Market Cap
PDBC Invesco Optimum Yield Diversif.. 0.57 %

N/A

 USD 5.15B
FTGC First Trust Global Tactical Co.. 0.95 %

N/A

 USD 2.42B
COMT iShares GSCI Commodity Dynamic.. 0.48 %

N/A

 USD 0.69B

ETFs Containing FAAR

N/A

Market Performance

  Market Performance vs. Industry/Classification (Commodities Broad Basket) Market Performance vs. Exchange (NASDAQ Global Market)
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
YTD  
Capital Gain 6.84% 25% F 75% C
Dividend Return 0.74% 100% F 43% F
Total Return 7.58% 25% F 75% C
Trailing 12 Months  
Capital Gain -0.09% 75% C 54% F
Dividend Return 2.26% 50% F 35% F
Total Return 2.18% 50% F 53% F
Trailing 5 Years  
Capital Gain 7.98% 75% C 62% D
Dividend Return 19.43% 25% F 79% B-
Total Return 27.41% 50% F 65% D
Average Annual (5 Year Horizon)  
Capital Gain 2.60% 75% C 54% F
Dividend Return 6.63% 50% F 62% D
Total Return 4.03% 25% F 80% B-
Risk Return Profile  
Volatility (Standard Deviation) 10.60% 100% F 86% B+
Risk Adjusted Return 62.49% 75% C 87% B+
Market Capitalization 2.90M 25% F 43% F

Annual Financials (USD)

Quarterly Financials (USD)

Analyst Rating

Target Price Action Rating Action Analyst Rating Price Date

This is a composite scorecard based on the application of evaluation criteria deemed most important by analysts. This is not a buy or sell recommendation.

What to like:
Superior risk adjusted returns

This stock has performed well, on a risk adjusted basis, compared to its sector peers(for a hold period of at least 12 months) and is in the top quartile.

Low volatility

The stock’s annual returns have been stable and consistent compared to its sector peers(for a hold period of at least 12 months) and is in the top quartile. Although stability is good, also keep in mind it can limit returns.

What to not like:
Below median dividend returns

The company’s average income yield over the past 5 years has been low compared to its peers. However, it is not a problem if you are not looking for income.

Below median total returns

The company has under performed its peers on annual average total returns in the past 5 years.

Low market capitalization

This is among the smaller entities in its sectors with below median market capitalization. That may make it less stable in the long run unless it has a unique technology or market which can help it grow or get acquired in future.