sotnkcorrelations

FAAR First Trust Exchange-Traded Fund VII First Trust Alternative Absolute Return Strategy ETF

Last close
32.00
504-day return
+31.94%
Median $/day
$544k
Significant pairs
148

FAAR vs PIT

Both indexed to 100 at 2026-05-11.

FAAR PIT · range 84–112 · 2026-05-11 → 2026-11-06

Moves with FAAR

Same-day co-movement.

Symbol$/dayLagρHoldout ρStabilityqTier
PIT VanEck Commodity Strategy ETF$191k0d+0.77+0.79100%<1e-15robust
DCMT DoubleLine Commodity Strategy ETF$105k0d+0.74+0.75100%<1e-15robust
SDCI USCF SummerHaven Dynamic Commodity Strategy No K-1 Fund$2.7M0d+0.74+0.74100%<1e-15robust
GSG iShares S&P GSCI Commodity-Indexed Trust$12.2M0d+0.73+0.73100%<1e-15robust
FTGC First Trust Exchange-Traded Fund VII First Trust Global Tactical Commodity Strategy Fund$11.5M0d+0.71+0.68100%<1e-15robust
OILK ProShares K-1 Free Crude Oil ETF$1.5M0d+0.70+0.70100%<1e-15robust
LALT First Trust Multi-Strategy Alternative ETF$187k0d+0.70+0.65100%<1e-15robust
PDBC Invesco Actively Managed Exch-Traded Commodity Fd Tr Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF$70.9M0d+0.70+0.75100%<1e-15robust
USO United States Oil Fund, LP$430.9M0d+0.68+0.68100%<1e-15robust
DBE Invesco DB Energy Fund$396k0d+0.68+0.72100%<1e-15robust
NBCM Neuberger Commodity Strategy ETF$884k0d+0.68+0.70100%<1e-15robust
CERY State Street SPDR Bloomberg Enhanced Roll Yield Commodity Strategy No K-1 ETF$1.8M0d+0.66+0.71100%<1e-15robust
UGA United States Gasoline Fund, LP$1.7M0d+0.66+0.68100%<1e-15robust
USOI UBS AG ETRACS Crude Oil Shares Covered Call ETNs due April 24, 2037$2.2M0d+0.66+0.59100%<1e-15robust
USOY Tidal Trust II Defiance Oil Enhanced Options Income ETF$950k0d+0.64+0.67100%<1e-15robust