Overview Holdings Performance Dividends Similar Etfs Correlations

27 Stock and 73 ETF FAAR (FIRST TRUST ALTERNATIVE ABSOLUTE RETURN STRATEGY ETF) alternatives

The most close FAAR (FIRST TRUST ALTERNATIVE ABSOLUTE RETURN STRATEGY ETF) alternative is ETF USOY (DEFIANCE OIL ENHANCED OPTIONS INCOME ETF). The correlation is 0.8551.

Stocks that highly correlated with FAAR

Symbol	Name	Market cap	Sector	Industry	Correlation
USOI	UBS AG London Branch	$205B	N/A	N/A	0.76
WTGUU	Wintergreen Acquisition Corp - Units (1 Ord Shs & 1 Rts)	$18M	Financial Services	Shell Companies	0.75
EQV	EQV Ventures Acquisition Corp.	$466M	Financial Services	Shell Companies	0.74
CRCL	Circle Internet Group Inc - Class A	$16B	Financial Services	Capital Markets	0.70
TMDE	TMD Energy Ltd	$21M	Energy	Oil & Gas Midstream	0.66
HYAC-U	Haymaker Acquisition Corp 4 - Units (1 Ord Class A & 1/2 War)	$65M	N/A	N/A	0.65
TURB	Turbo Energy S.A.	$7.58M	Technology	Solar	0.64
VG	Venture Global Inc - Class A	$32B	Energy	Oil & Gas Midstream	0.62
CURX	Curanex Pharmaceuticals Inc	$6.11M	Healthcare	Biotechnology	0.60
KBSX	FST Corp	$39M	Consumer Cyclical	Leisure	0.60
WDS	Woodside Energy Group Ltd	$40B	Energy	Oil & Gas E&p	0.59
EQNR	Equinor ASA	$90B	Energy	Oil & Gas Integrated	0.56
GTE	Gran Tierra Energy Inc	$231M	Energy	Oil & Gas E&p	0.56
BLMZ	Harrison Global Holdings Inc	$172K	Communication Services	Entertainment	0.56
MOBX	Mobix Labs Inc - Class A	$20M	Technology	Semiconductors	0.56
NE	Noble Corp Plc - Class A	$6.47B	Energy	Oil & Gas Drilling	0.56
AAM-U	AA Mission Acquisition Corp - Units (1 Ord Share Class A & 1/2 War)	$82M	N/A	N/A	0.56
KOS	Kosmos Energy Ltd	$1.17B	Energy	Oil & Gas E&p	0.56
CHRD	Chord Energy Corp - New	$6.95B	Energy	Oil & Gas E&p	0.55
OXY	Occidental Petroleum Corp	$53B	Energy	Oil & Gas E&p	0.55
RES	RPC Inc	$1.31B	Energy	Oil & Gas Equipment & Services	0.55
EONR	HNR Acquisition Corp	$21M	Energy	Oil & Gas E&p	0.54
CRGY	Crescent Energy Co. - Class A	$3.34B	Energy	Oil & Gas E&p	0.54
STRC	Microstrategy Incorporated Variable Rate Series A Perpetual Stretch Preferred Stock	$29B	Technology	Software - Application	0.54
CVX	Chevron Corp	$360B	Energy	Oil & Gas Integrated	0.53
FMFC	Kandal M Venture Ltd - Class A	$4.71M	Consumer Cyclical	Footwear & Accessories	0.53
SU	Suncor Energy Inc	$72B	Energy	Oil & Gas Integrated	0.52

ETFs that highly correlated with FAAR

Symbol	Name	AUM	Expense Ratio	Inception Date	Correlation
USOY	DEFIANCE OIL ENHANCED OPTIONS INCOME ETF	$56M	1.12%	May 9, 2024	0.86
LALT	FIRST TRUST MULTI-STRATEGY ALTERNATIVE ETF	$248M	1.18%	Jan 31, 2023	0.84
DCMT	DOUBLELINE COMMODITY STRATEGY ETF	$36M	0.66%	Jan 31, 2024	0.82
CERY	STATE STREET(R) SPDR(R) BLOOMBERG ENHANCED ROLL YIELD COMMODITY STRATEGY NO K-1 ETF SPDR BLOOMBERG ENHANCED ROLL YIELD COMMODITY STRATEGY NO K-1 ETF	$979M	0.28%	Sep 4, 2024	0.78
CCUP	T-REX 2X LONG CRCL DAILY TARGET ETF	$25M	N/A	Aug 8, 2025	0.78
RSBY	RETURN STACKED(R) BONDS & FUTURES YIELD ETF	$64M	1.01%	Aug 20, 2024	0.78
CRCG	LEVERAGE SHARES 2X LONG CRCL DAILY ETF	$67M	N/A	Aug 8, 2025	0.78
NFLW	ROUNDHILL NFLX WEEKLYPAY ETF	$6.70M	N/A	Jun 17, 2025	0.77
PIT	VANECK COMMODITY STRATEGY ETF	$260M	0.55%	Dec 20, 2022	0.76
OILT	Texas Capital Texas Oil Index ETF	$12M	0.35%	Dec 20, 2023	0.75
USE	USCF ENERGY COMMODITY STRATEGY ABSOLUTE RETURN FUND	$2.60M	0.79%	May 3, 2023	0.75
CMDT	PIMCO COMMODITY STRATEGY ACTIVE EXCHANGE-TRADED FUND	$751M	0.65%	May 9, 2023	0.73
COMT	ISHARES GSCI COMMODITY DYNAMIC ROLL STRATEGY ETF	$1.10B	0.48%	Oct 15, 2014	0.73
FTGC	FIRST TRUST GLOBAL TACTICAL COMMODITY STRATEGY FUND	$2.70B	0.98%	Oct 22, 2013	0.73
HGER	HARBOR COMMODITY ALL-WEATHER STRATEGY ETF	$3.20B	0.68%	Feb 9, 2022	0.72
PDBC	INVESCO OPTIMUM YIELD DIVERSIFIED COMMODITY STRATEGY NO K-1 ETF	$5.30B	0.59%	Nov 7, 2014	0.72
DBC	Invesco DB Commodity Index Tracking Fund	$1.60B	0.85%	Feb 3, 2006	0.71
CMDY	ISHARES BLOOMBERG ROLL SELECT COMMODITY STRATEGY ETF	$523M	0.28%	Apr 3, 2018	0.71
DBE	Invesco DB Energy Fund	$85M	0.75%	Jan 5, 2007	0.71
SDCI	USCF SUMMERHAVEN DYNAMIC COMMODITY STRATEGY NO K-1 FUND	$526M	0.60%	May 3, 2018	0.71
COM	DIREXION AUSPICE BROAD COMMODITY STRATEGY ETF	$196M	0.72%	Mar 30, 2017	0.70
CMCI	VANECK CMCI COMMODITY STRATEGY ETF	$2.70M	0.67%	Aug 21, 2023	0.70
USCI	United States Commodity Index Fund	$337M	1.05%	Aug 10, 2010	0.69
DBO	Invesco DB Oil Fund	$216M	0.75%	Jan 5, 2007	0.69
GSG	iShares S&P GSCI Commodity-Indexed Trust	$839M	0.75%	Jul 10, 2006	0.68
COMB	GRANITESHARES BLOOMBERG COMMODITY BROAD STRATEGY NO K-1 ETF	$122M	0.25%	May 19, 2017	0.68
NBCM	NEUBERGER BERMAN COMMODITY STRATEGY ETF	$400M	0.65%	Aug 27, 2012	0.68
BCI	ABRDN BLOOMBERG ALL COMMODITY STRATEGY K-1 FREE ETF	$2.30B	0.26%	Mar 30, 2017	0.68
XLEI	STATE STREET(R) ENERGY SELECT SECTOR SPDR(R) PREMIUM INCOME ETF STATE STREET(R)ENERGY SELECT SECTOR SPDR(R) PREMIUM INCOME ETF	$40M	0.35%	Jul 29, 2025	0.68
BNO	United States Brent Crude Oil Fund	$544M	1.15%	Jun 2, 2010	0.67
GXPE	GLOBAL X PURECAP MSCI ENERGY ETF	$1.20M	0.15%	Jul 22, 2025	0.67
OILU	Bank of Montreal	$48M	N/A	Nov 8, 2021	0.66
DJP	iPath Bloomberg Commodity Index Total Return ETN	$850M	0.70%	Jun 6, 2006	0.66
ONG	Leverage Shares 2X Long ON Daily ETF	$1.90M	N/A	Jun 1, 2026	0.65
WTIP	WISDOMTREE INFLATION PLUS FUND	$21M	0.65%	Jun 16, 2025	0.65
XCOM	Ultra Communication Services Select Sector ETF	$384K	N/A	Jun 2, 2026	0.65
USL	United States 12 Month Oil Fund LP	$41M	1.01%	Dec 6, 2007	0.64
FMF	FIRST TRUST MANAGED FUTURES STRATEGY FUND	$272M	0.98%	Aug 1, 2013	0.64
BCD	ABRDN BLOOMBERG ALL COMMODITY LONGER DATED STRATEGY K-1 FREE ETF	$384M	0.30%	Mar 30, 2017	0.64
GCC	WISDOMTREE ENHANCED COMMODITY STRATEGY FUND	$252M	0.57%	Dec 21, 2020	0.64
RSSY	RETURN STACKED(R) U.S. STOCKS & FUTURES YIELD ETF	$96M	0.99%	May 28, 2024	0.63
WEEI	Westwood Salient Enhanced Energy Income ETF	$82M	0.85%	Apr 30, 2024	0.62
USNG	AMPLIFY SAMSUNG U.S. NATURAL GAS INFRASTRUCTURE ETF	$7.40M	0.59%	May 19, 2025	0.62
IMF	INVESCO MANAGED FUTURES STRATEGY ETF	$301M	0.65%	Mar 17, 2025	0.61
LIVR	Intelligent Livermore ETF	$18M	0.69%	Sep 17, 2024	0.61
HARD	SIMPLIFY COMMODITIES STRATEGY NO K-1 ETF	$82M	0.78%	Mar 27, 2023	0.60
UCIB	UBS AG London Branch	$21M	0.55%	Oct 9, 2015	0.60
USO	United States Oil Fund	$1.90B	0.86%	Apr 10, 2006	0.60
NDIV	Amplify Natural Resources Dividend Income ETF	$26M	0.59%	Aug 23, 2022	0.60
DRLL	STRIVE U.S. ENERGY ETF	$261M	0.41%	Aug 8, 2022	0.58
UCO	ProShares Ultra Bloomberg Crude Oil 2x Shares	$312M	N/A	Nov 24, 2008	0.58
PIPE	Invesco SteelPath MLP & Energy Infrastructure ETF	$65M	0.75%	Feb 18, 2025	0.57
TNGY	TORTOISE ENERGY ETF	$515M	0.85%	Dec 27, 2010	0.57
CLIM	CLIMATE GLOBAL - CLIMATE RESILIENT REIT INDEX ETF	$1.30M	0.90%	Mar 11, 2026	0.57
UGA	United States Gasoline Fund LP	$108M	1.08%	Feb 26, 2008	0.57
XOMO	YIELDMAX(R) XOM OPTION INCOME STRATEGY ETF	$30M	1.17%	Aug 30, 2023	0.56
OILK	PROSHARES K-1 FREE CRUDE OIL STRATEGY ETF	$221M	0.69%	Sep 26, 2016	0.56
KMLM	KRANESHARES MOUNT LUCAS MANAGED FUTURES INDEX STRATEGY ETF	$298M	0.90%	Dec 1, 2020	0.56
HFSP	TRADERSAI LARGE CAP EQUITY & CASH ETF	$705K	1.25%	Oct 22, 2024	0.55
EIPI	FT ENERGY INCOME PARTNERS ENHANCED INCOME ETF	$1B	1.11%	Sep 27, 2011	0.55
XOMX	Direxion Daily XOM Bull 2X Shares	$7.80M	N/A	Apr 22, 2025	0.55
FTXN	FIRST TRUST NASDAQ OIL & GAS ETF	$181M	0.60%	Sep 20, 2016	0.55
DIG	PROSHARES ULTRA ENERGY	$64M	N/A	Jan 30, 2007	0.55
TIPA	NORTHERN TRUST 2030 INFLATION-LINKED DISTRIBUTING LADDER ETF	$18M	0.10%	Aug 18, 2025	0.54
EIPX	FT ENERGY INCOME PARTNERS STRATEGY ETF	$524M	0.95%	Nov 2, 2022	0.54
RLY	STATE STREET(R) MULTI-ASSET REAL RETURN ETF	$1.20B	0.50%	Apr 25, 2012	0.53
XOP	STATE STREET(R) SPDR(R) S&P(R) OIL & GAS EXPLORATION & PRODUCTION ETF	$2.90B	0.35%	Jun 19, 2006	0.53
FENY	FIDELITY MSCI ENERGY INDEX ETF	$1.70B	0.08%	Oct 21, 2013	0.53
VDE	VANGUARD ENERGY INDEX FUND ETF SHARES	$11B	0.09%	Sep 23, 2004	0.53
IXC	ISHARES GLOBAL ENERGY ETF	$2B	0.40%	Nov 12, 2001	0.53
PXE	INVESCO ENERGY EXPLORATION & PRODUCTION ETF	$79M	0.61%	Oct 26, 2005	0.52
BWET	Breakwave Tanker Shipping ETF	$17M	3.50%	May 1, 2023	0.52
PSCE	INVESCO S&P SMALLCAP ENERGY ETF	$98M	0.29%	Apr 7, 2010	0.52