---
ticker: "FAAR"
name: "First Trust Alternative Absolute Return Strategy ETF"
url: "https://etf.net/etf/FAAR"
grade: "C"
score: 40
graded_at: "2026-10-12"
category: "Broad Commodity Futures"
category_rank: "18 of 23"
methodology: "https://etf.net/methodology"
---

# FAAR: First Trust Alternative Absolute Return Strategy ETF

Grade **C**, Score 40 of 100. Rank 18 of 23 in Broad Commodity Futures.

Graded Oct 12, 2026.

## Grade pillars

| Pillar | Score | Category rank |
| --- | --- | --- |
| Cost | 11 | 20 of 23 |
| Mission | Not scored | — |
| Risk | 66 | 8 of 23 |
| Tradability | 59 | 9 of 23 |
| Holdings | 49 | 9 of 15 |
| Durability | 67 | 7 of 23 |

## Top holdings

The fund holds 17 positions. These are the largest 17, by weight.

| # | Ticker | Name | Weight |
| --- | --- | --- | --- |
| 1 | — | US Dollar | 51.21% |
| 2 | — | BRENT CRUDE FUTR  Jan27 | 9.13% |
| 3 | — | GASOLINE RBOB FUT Dec26 | 8.63% |
| 4 | — | SOYBEAN FUTURE    Nov26 | 8.39% |
| 5 | — | LME ZINC FUTURE   Dec26 | 7.49% |
| 6 | — | SOYBEAN MEAL FUTR Dec26 | 6.47% |
| 7 | — | GOLD 100 OZ FUTR  Dec26 | 5.69% |
| 8 | — | NATURAL GAS FUTR  Dec26 | 5.62% |
| 9 | — | SILVER FUTURE     Dec26 | 5.53% |
| 10 | — | NY Harb ULSD Fut  Dec26 | 5.13% |
| 11 | — | SUGAR #11 (WORLD) Mar27 | 4.07% |
| 12 | — | COPPER FUTURE     Dec26 | 3.87% |
| 13 | — | COFFEE 'C' FUTURE Dec26 | 2.32% |
| 14 | — | WTI CRUDE FUTURE  Dec26 | 2.25% |
| 15 | — | CATTLE FEEDER FUT Nov26 | 2.17% |
| 16 | — | LME PRI ALUM FUTR Dec26 | 1.61% |
| 17 | — | CORN FUTURE       Dec26 | 0.31% |

Source: etf.net, https://etf.net/etf/FAAR. Please cite the page URL.