First Trust Alternative Absolute Return Strategy ETF (FAAR)
Holdings of the Fund as of 7/17/2025

Futures **
Security Name Identifier Classification Shares /
Contracts
Notional Value Weighting Descending sort
GOLD 100 OZ FUTR Dec25 GCZ5 Precious Metals 34.0000 $11,564,420.00 11.33%
Low Su Gasoil G Aug25 QSQ5 Energy 122.0000 $8,692,500.00 8.51%
COFFEE 'C' FUTURE Sep25 KCU5 Agricultural 75.0000 $8,640,000.00 8.46%
NY Harb ULSD Fut Sep25 HOU5 Energy 83.0000 $8,487,364.20 8.31%
SILVER FUTURE Sep25 SIU5 Precious Metals 34.0000 $6,511,510.00 6.38%
LIVE CATTLE FUTR Oct25 LCV5 Livestock 62.0000 $5,464,060.00 5.35%
BRENT CRUDE FUTR Oct25 COV5 Energy 74.0000 $5,070,480.00 4.97%
SOYBEAN FUTURE Nov25 S X5 Agricultural 94.0000 $4,824,550.00 4.73%
GASOLINE RBOB FUT Sep25 XBU5 Energy 49.0000 $4,381,687.80 4.29%
LEAN HOGS FUTURE Oct25 LHV5 Livestock 117.0000 $4,240,080.00 4.15%
CATTLE FEEDER FUT Aug25 FCQ5 Livestock 24.0000 $3,900,000.00 3.82%
WTI CRUDE FUTURE Sep25 CLU5 Energy 57.0000 $3,775,110.00 3.70%
LME ZINC FUTURE Sep25 LXU5 Industrial Metals 43.0000 $2,944,962.50 2.88%
LME NICKEL FUTURE Sep25 LNU5 Industrial Metals 30.0000 $2,706,300.00 2.65%
Low Su Gasoil G Sep25 QSU5 Energy 38.0000 $2,641,000.00 2.59%
LME PRI ALUM FUTR Sep25 LAU25 Industrial Metals 38.0000 $2,448,872.00 2.40%
COCOA FUTURE Sep25 CCU5 Agricultural 32.0000 $2,338,880.00 2.29%
COPPER FUTURE Sep25 HGU5 Industrial Metals 16.0000 $2,205,000.00 2.16%
COCOA FUTURE Dec25 CCZ5 Agricultural 26.0000 $1,758,380.00 1.72%
LME LEAD FUTURE Sep25 LLU5 Industrial Metals 8.0000 $392,246.00 0.38%
SOYBEAN OIL FUTR Dec25 BOZ5 Agricultural -17.0000 ($572,730.00) -0.56%
SUGAR #11 (WORLD) Oct25 SBV5 Agricultural -98.0000 ($1,837,382.40) -1.80%
COTTON NO.2 FUTR Dec25 CTZ5 Agricultural -95.0000 ($3,268,000.00) -3.20%
CORN FUTURE Dec25 C Z5 Agricultural -161.0000 ($3,389,050.00) -3.32%
WHEAT FUTURE(CBT) Sep25 W U5 Agricultural -144.0000 ($3,841,200.00) -3.76%
NATURAL GAS FUTR Sep25 NGU25 Energy -128.0000 ($4,578,560.00) -4.48%
SOYBEAN MEAL FUTR Dec25 SMZ5 Agricultural -215.0000 ($6,095,250.00) -5.97%
KC HRW WHEAT FUT Sep25 KWU5 Agricultural -365.0000 ($9,444,375.00) -9.25%
Cash and Collateral
Security Name Identifier CUSIP Shares / Quantity Notional Value Weighting Descending sort
US Dollar $USD 35,986,987 $35,986,986.94 35.25%
U.S. Treasury Note, 0.375%, due 11/30/2025 91282CAZ4 24,000,000 $23,651,991.12 23.16%
U.S. Treasury Note, 0.75%, due 03/31/2026 91282CBT7 16,000,000 $15,619,136.00 15.30%
U.S. Treasury Note, 0.25%, due 09/30/2025 91282CAM3 13,000,000 $12,892,380.80 12.63%
U.S. Treasury Bill, 0%, due 08/14/2025 912797PN1 12,000,000 $11,962,020.00 11.72%
U.S. Treasury Bill, 0%, due 07/31/2025 912797PG6 1,000,000 $998,476.83 0.98%
U.S. Treasury Bill, 0%, due 09/16/2025 912797QU4 1,000,000 $992,891.67 0.97%
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.