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First Trust Alternative Absolute Return Strategy Etf

First Trust Alternative Absolute Return Strategy Etf stock price and volume chart
IndustryExchange Traded Fund
SectorFinancial Services Etf
ExchangeNASDAQ
Market Capitalization172.3 mln

Business Description

The fund pursues long-term growth by taking both long and short positions in commodity futures markets. Rather than holding these investments directly, it operates through a separate entity based in the Cayman Islands, which is fully owned by the fund and managed by the same advisor, First Trust Advisors L.P.

Price Performance & Relative Strength

Period Price Performance Relative Strength
1 Week 0.48% 74 / 100   
1 Month -4.34% 30 / 100   
2 Months -6.29% 26 / 100   
6 Months 11.12% 75 / 100   
1 Year 23.44% 72 / 100   



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