First Trust Alternative Absolute Return Strategy ETF (FAAR)
Holdings of the Fund as of 12/12/2025

Futures **
Security Name Identifier Classification Shares /
Contracts
Notional Value Weighting Descending sort
LME ZINC FUTURE Mar26 LXH6 Industrial Metals 185.0000 $14,437,030.00 10.89%
COFFEE 'C' FUTURE Mar26 KCH6 Agricultural 96.0000 $13,294,800.00 10.03%
GASOLINE RBOB FUT Feb26 XBG6 Energy 175.0000 $12,908,805.00 9.74%
Low Su Gasoil G Jan26 QSF6 Energy 177.0000 $11,137,725.00 8.40%
NY Harb ULSD Fut Feb26 HOG6 Energy 101.0000 $9,287,859.00 7.01%
GOLD 100 OZ FUTR Feb26 GCG6 Precious Metals 19.0000 $8,223,770.00 6.20%
BRENT CRUDE FUTR Mar26 COH6 Energy 121.0000 $7,361,640.00 5.55%
NATURAL GAS FUTR Feb26 NGG26 Energy 165.0000 $6,284,850.00 4.74%
CATTLE FEEDER FUT Jan26 FCF6 Livestock 37.0000 $6,273,350.00 4.73%
LIVE CATTLE FUTR Feb26 LCG6 Livestock 57.0000 $5,233,740.00 3.95%
LEAN HOGS FUTURE Feb26 LHG6 Livestock 123.0000 $4,158,630.00 3.14%
SUGAR #11 (WORLD) Mar26 SBH6 Agricultural 216.0000 $3,652,992.00 2.76%
SILVER FUTURE Mar26 SIH6 Precious Metals 8.0000 $2,480,280.00 1.87%
WTI CRUDE FUTURE Feb26 CLG6 Energy 43.0000 $2,461,320.00 1.86%
SOYBEAN FUTURE Mar26 S H6 Agricultural 44.0000 $2,390,850.00 1.80%
CORN FUTURE Mar26 C H6 Agricultural 73.0000 $1,608,737.50 1.21%
LME NICKEL FUTURE Mar26 LNH6 Industrial Metals 5.0000 $437,865.60 0.33%
SOYBEAN MEAL FUTR Mar26 SMH6 Agricultural -19.0000 ($580,640.00) -0.44%
WHEAT FUTURE(CBT) Mar26 W H6 Agricultural -49.0000 ($1,296,662.50) -0.98%
SOYBEAN OIL FUTR Mar26 BOH6 Agricultural -212.0000 ($6,437,592.00) -4.86%
COCOA FUTURE Mar26 CCH6 Agricultural -112.0000 ($7,032,480.00) -5.30%
KC HRW WHEAT FUT Mar26 KWH6 Agricultural -411.0000 ($10,644,900.00) -8.03%
COTTON NO.2 FUTR Mar26 CTH6 Agricultural -427.0000 ($13,627,705.00) -10.28%
Cash and Collateral
Security Name Identifier CUSIP Shares / Quantity Notional Value Weighting Descending sort
US Dollar $USD 77,898,601 $77,898,600.53 58.75%
U.S. Treasury Note, 0.75%, due 03/31/2026 91282CBT7 16,000,000 $15,866,894.72 11.97%
U.S. Treasury Bill, 0%, due 02/03/2026 912797SJ7 12,000,000 $11,940,244.80 9.01%
U.S. Treasury Bill, 0%, due 02/12/2026 912797RT6 12,000,000 $11,930,096.04 9.00%
U.S. Treasury Bill, 0%, due 01/13/2026 912797SF5 10,000,000 $9,971,030.60 7.52%
U.S. Treasury Bill, 0%, due 01/22/2026 912797PD3 5,000,000 $4,980,974.95 3.76%
Holdings are subject to change.

The holdings information set forth above for the date indicated reflects creation and redemption transactions from the prior business day and may differ from the holdings information currently available from the Fund's custodian and accounting agent. With respect to the market value of the Fund's holdings set forth above, the pricing sources are generally third party vendors. The Fund ultimately relies on pricing information provided by the Fund's accounting agent.

** The futures investments are held indirectly through the FT Cayman Subsidiary, a wholly-owned subsidiary of the Fund, organized under the laws of the Cayman Islands.