FAAR vs BSL

Comparison between FIRST TRUST ALTERNATIVE ABSOLUTE RETURN STRATEGY ETF (FAAR, ETF) and Blackstone Senior Floating Rate 2027 Term Fund (BSL, ETF).

5-Year PerformanceFAAR has outperformed BSL, delivering a return of +7.5% compared to +3.9%

FAAR vs BSL - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	FAAR(ETF)	BSL(ETF)
Net Assets	$176M	$176M
Expense Ratio	0.98%	N/A
Max Drawdown	27.93%	57.08%
Sharpe Ratio	1.93	-0.62
5Y Beta	0.15	0.20
5Y Dividends CAGR	31.47%	3.76%

Net Assets

FAAR

$176M

BSL

$176M

Expense Ratio

FAAR

0.98%

BSL

N/A

Max Drawdown

Winner

FAAR

27.93%

BSL

57.08%

Sharpe Ratio

Winner

FAAR

1.93

BSL

-0.62

5Y Beta

Winner

FAAR

0.15

BSL

0.20

5Y Dividends CAGR

Winner

FAAR

31.47%

BSL

3.76%

FAAR vs BSL - Historical Returns

Returns include dividend reinvestment.

Period	FAAR	BSL
1 month	-2.79%	-1.11%
3 months	-1.84%	+4.45%
6 months	+22.36%	-0.56%
1 year	+32.87%	-0.98%
5 years(CAGR)	+7.52%	+3.92%
10 years(CAGR)	+4.91%	+5.86%
Max(CAGR)	+4.88%	+4.77%

FAAR

-2.79%

Winner

BSL

-1.11%

FAAR

-1.84%

Winner

BSL

+4.45%

Winner

FAAR

+22.36%

BSL

-0.56%

Winner

FAAR

+32.87%

BSL

-0.98%

5Y(CAGR)

Winner

FAAR

+7.52%

BSL

+3.92%

10Y(CAGR)

FAAR

+4.91%

Winner

BSL

+5.86%

Max(CAGR)

Winner

FAAR

+4.88%

BSL

+4.77%

FAAR vs BSL - Annual Returns (2010 - 2026)

Returns include dividend reinvestment.

Year	FAAR	BSL
2026	+22.25%	-0.89%
2025	+6.84%	+1.72%
2024	+5.74%	+18.03%
2023	-4.73%	+18.66%
2022	+10.10%	-22.30%
2021	+12.29%	+28.50%
2020	+11.07%	-4.31%
2019	-1.61%	+11.88%
2018	-8.92%	-7.41%
2017	+5.00%	+5.87%
2016	-3.78%	+31.56%
2015	N/A	-6.15%
2014	N/A	-4.74%
2013	N/A	-1.90%
2012	N/A	+17.78%
2011	N/A	-1.24%
2010	N/A	+3.21%

FAAR vs BSL Drawdown Comparison

The maximum drawdown for FAAR was -18.06%, occurring on Apr 8, 2025. Recovery took 901 trading sessions.

The maximum drawdown for BSL was -43.82%, occurring on Mar 18, 2020. Recovery took 413 trading sessions.

The current FAAR drawdown is -3.52%. The current BSL drawdown is -3.60%.

Rank	FAAR	BSL
#1	-18.06% Jun 9, 2022 - Jan 13, 2026	-43.82% Aug 8, 2019 - Mar 30, 2021
#2	-16.65% May 21, 2018 - Feb 22, 2021	-26.92% Apr 26, 2013 - Nov 14, 2016
#3	-12.20% Jul 13, 2021 - Feb 7, 2022	-24.49% Dec 31, 2021 - Mar 12, 2024
#4	-6.77% May 3, 2017 - Jan 11, 2018	-16.90% Jul 12, 2011 - Apr 3, 2012
#5	-6.33% Mar 8, 2022 - Jun 9, 2022	-14.81% Sep 24, 2018 - Jul 3, 2019
#6	-5.93% Jul 13, 2016 - May 3, 2017	-7.85% Sep 8, 2025 - Mar 9, 2026
#7	-5.87% Jun 8, 2021 - Jul 13, 2021	-7.24% Jun 2, 2010 - Nov 2, 2010
#8	-5.76% Jan 24, 2018 - May 21, 2018	-6.98% Apr 5, 2012 - Aug 15, 2012
#9	-3.63% Feb 24, 2021 - Apr 29, 2021	-6.91% May 4, 2021 - Oct 14, 2021
#10	-3.52% May 18, 2026 - Jun 9, 2026	-6.82% Oct 5, 2012 - Dec 13, 2012
#11	-2.88% Jan 29, 2026 - Feb 19, 2026	-6.41% Feb 19, 2013 - Apr 22, 2013
#12	-2.70% Mar 20, 2026 - Apr 2, 2026	-5.95% Mar 17, 2011 - Apr 19, 2011
#13	-2.24% Apr 30, 2026 - May 18, 2026	-5.70% May 2, 2011 - Jul 12, 2011
#14	-2.03% Feb 11, 2022 - Feb 22, 2022	-5.06% Feb 4, 2025 - Jun 25, 2025
#15	-1.98% Feb 23, 2022 - Mar 1, 2022	-4.91% May 11, 2017 - Dec 28, 2017

Correlation

Correlation between FAAR and BSL is 0.75 which considered as a strong positive correlation - the stocks tend to move together.

0.75

-101

Dividend Comparison (2010 - 2026)

FAAR vs BSL dividend yield comparison.

Year	FAAR	BSL
2026	0.33%	2.67%
2025	11.63%	8.45%
2024	3.45%	9.46%
2023	3.20%	10.76%
2022	5.82%	6.89%
2021	6.49%	5.75%
2020	3.05%	7.65%
2019	1.02%	8.15%
2018	0.58%	9.21%
2017	2.83%	5.93%
2016	0.00%	5.86%
2015	0.00%	7.27%
2014	0.00%	7.23%
2013	0.00%	6.42%
2012	0.00%	6.98%
2011	0.00%	7.52%
2010	0.00%	3.31%