FAAR vs CAIQ
Comparison between FIRST TRUST ALTERNATIVE ABSOLUTE RETURN STRATEGY ETF (FAAR, ETF) and Calamos Nasdaq Autocallable Income ETF (CAIQ, ETF).
FAAR vs CAIQ - Performance Comparison
Key Characteristics
Financial metrics and valuation ratios
Net Assets
Winner
FAAR
$168M
CAIQ
$167M
Expense Ratio
FAAR
0.98%
Winner
CAIQ
0.74%
Max Drawdown
FAAR
27.93%
Winner
CAIQ
11.94%
Sharpe Ratio
Winner
FAAR
2.22
CAIQ
1.75
5Y Beta
Winner
FAAR
0.15
CAIQ
0.97
5Y Dividends CAGR
FAAR
31.47%
CAIQ
N/A
FAAR vs CAIQ - Historical Returns
Returns include dividend reinvestment.
1M
FAAR
-1.69%
Winner
CAIQ
+1.43%
3M
FAAR
+2.55%
Winner
CAIQ
+11.73%
6M
Winner
FAAR
+19.98%
CAIQ
+10.41%
1Y
FAAR
+37.47%
CAIQ
N/A
5Y(CAGR)
FAAR
+7.71%
CAIQ
N/A
10Y(CAGR)
FAAR
+4.99%
CAIQ
N/A
Max(CAGR)
FAAR
+4.97%
Winner
CAIQ
+30.84%
FAAR vs CAIQ - Annual Returns (2016 - 2026)
Returns include dividend reinvestment.
| Year | FAAR | CAIQ |
|---|---|---|
| 2026 | +23.21% | +11.91% |
| 2025 | +6.84% | +4.02% |
| 2024 | +5.74% | N/A |
| 2023 | -4.73% | N/A |
| 2022 | +10.10% | N/A |
| 2021 | +12.29% | N/A |
| 2020 | +11.07% | N/A |
| 2019 | -1.61% | N/A |
| 2018 | -8.92% | N/A |
| 2017 | +5.00% | N/A |
| 2016 | -3.78% | N/A |
FAAR vs CAIQ Drawdown Comparison
The maximum drawdown for FAAR was -18.06%, occurring on Apr 8, 2025. Recovery took 901 trading sessions.
The maximum drawdown for CAIQ was -9.06%, occurring on Mar 30, 2026. Recovery took 52 trading sessions.
The current FAAR drawdown is -2.77%. The current CAIQ drawdown is -2.10%.
| Rank | FAAR | CAIQ |
|---|---|---|
| #1 | -18.06% Jun 9, 2022 - Jan 13, 2026 | -9.06% Jan 28, 2026 - Apr 14, 2026 |
| #2 | -16.65% May 21, 2018 - Feb 22, 2021 | -2.93% Dec 10, 2025 - Dec 24, 2025 |
| #3 | -12.20% Jul 13, 2021 - Feb 7, 2022 | -2.81% Jan 9, 2026 - Jan 27, 2026 |
| #4 | -6.77% May 3, 2017 - Jan 11, 2018 | -2.10% Jun 1, 2026 - Jun 5, 2026 |
| #5 | -6.33% Mar 8, 2022 - Jun 9, 2022 | -1.84% Dec 24, 2025 - Jan 9, 2026 |
| #6 | -5.93% Jul 13, 2016 - May 3, 2017 | -1.22% May 14, 2026 - May 22, 2026 |
| #7 | -5.87% Jun 8, 2021 - Jul 13, 2021 | -0.98% Apr 24, 2026 - Apr 30, 2026 |
| #8 | -5.76% Jan 24, 2018 - May 21, 2018 | -0.87% Apr 22, 2026 - Apr 24, 2026 |
| #9 | -3.63% Feb 24, 2021 - Apr 29, 2021 | -0.87% May 8, 2026 - May 14, 2026 |
| #10 | -2.88% Jan 29, 2026 - Feb 19, 2026 | -0.77% Apr 17, 2026 - Apr 22, 2026 |
| #11 | -2.77% May 18, 2026 - Jun 5, 2026 | -0.74% May 1, 2026 - May 6, 2026 |
| #12 | -2.70% Mar 20, 2026 - Apr 2, 2026 | -0.20% Dec 5, 2025 - Dec 9, 2025 |
| #13 | -2.24% Apr 30, 2026 - May 18, 2026 | -0.18% May 26, 2026 - May 29, 2026 |
| #14 | -2.03% Feb 11, 2022 - Feb 22, 2022 | -0.17% Nov 28, 2025 - Dec 2, 2025 |
| #15 | -1.98% Feb 23, 2022 - Mar 1, 2022 | -0.13% Dec 3, 2025 - Dec 5, 2025 |
Correlation
Correlation between FAAR and CAIQ is 0.58 which considered as a moderate positive correlation - the stocks show some tendency to move together.
0.58
-101
Dividend Comparison (2017 - 2026)
FAAR vs CAIQ dividend yield comparison.
| Year | FAAR | CAIQ |
|---|---|---|
| 2026 | 0.33% | 7.15% |
| 2025 | 11.63% | 1.54% |
| 2024 | 3.45% | 0.00% |
| 2023 | 3.20% | 0.00% |
| 2022 | 5.82% | 0.00% |
| 2021 | 6.49% | 0.00% |
| 2020 | 3.05% | 0.00% |
| 2019 | 1.02% | 0.00% |
| 2018 | 0.58% | 0.00% |
| 2017 | 2.83% | 0.00% |
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