First Trust Alternative Absolute Return Strategy ETF (FAAR)
Holdings of the Fund as of 12/5/2019 *

Futures **
Security Name Identifier Classification Shares /
Contracts
Notional Value Weighting Descending sort
LIVE CATTLE FUTR Feb20 LCG0 Agricultural 54.0000 $2,691,360.00 6.10%
GOLD 100 OZ FUTR Feb20 GCG0 Metals 15.0000 $2,224,650.00 5.04%
WHEAT FUTURE(CBT) Mar20 W H0 Agricultural 67.0000 $1,754,562.50 3.98%
PLATINUM FUTURE Jan20 PLF0 Metals 31.0000 $1,395,930.00 3.16%
CATTLE FEEDER FUT Jan20 FCF0 Agricultural 17.0000 $1,194,675.00 2.71%
LME ZINC FUTURE Mar20 LXH0 Metals 19.0000 $1,059,725.00 2.40%
SOYBEAN OIL FUTR Jan20 BOF0 Agricultural 56.0000 $1,024,800.00 2.32%
GASOLINE RBOB FUT Feb20 XBG0 Energy 11.0000 $751,165.80 1.70%
BRENT CRUDE FUTR Mar20 COH0 Energy 11.0000 $687,280.00 1.56%
SILVER FUTURE Mar20 SIH0 Metals 8.0000 $682,360.00 1.55%
BRENT CRUDE FUTR Feb20 COG0 Energy 10.0000 $633,900.00 1.44%
BRENT CRUDE FUTR Apr20 COJ0 Energy 10.0000 $617,900.00 1.40%
GASOLINE RBOB FUT Mar20 XBH0 Energy 9.0000 $619,353.00 1.40%
GASOLINE RBOB FUT Jan20 XBF0 Energy 9.0000 $612,775.80 1.39%
NATURAL GAS FUTR Jan20 NGF20 Energy 18.0000 $436,860.00 0.99%
COCOA FUTURE Mar20 CCH0 Agricultural 13.0000 $335,400.00 0.76%
LME NICKEL FUTURE Mar20 LNH0 Metals 4.0000 $318,792.00 0.72%
LME LEAD FUTURE Mar20 LLH0 Metals 6.0000 $285,637.50 0.65%
LME PRI ALUM FUTR Mar20 LAH20 Metals 3.0000 $131,306.25 0.30%
Low Su Gasoil G Jan20 QSF0 Energy 2.0000 $116,850.00 0.26%
CORN FUTURE Mar20 C H0 Agricultural -20.0000 ($376,750.00) -0.85%
WTI CRUDE FUTURE Jan20 CLF0 Energy -8.0000 ($467,440.00) -1.06%
SOYBEAN MEAL FUTR Jan20 SMF0 Agricultural -16.0000 ($482,400.00) -1.09%
COFFEE 'C' FUTURE Mar20 KCH0 Agricultural -14.0000 ($655,462.50) -1.49%
KC HRW WHEAT FUT Mar20 KWH0 Agricultural -35.0000 ($762,125.00) -1.73%
COTTON NO.2 FUTR Mar20 CTH0 Agricultural -27.0000 ($870,885.00) -1.97%
NY Harb ULSD Fut Jan20 HOF0 Energy -14.0000 ($1,136,604.00) -2.58%
SUGAR #11 (WORLD) Mar20 SBH0 Agricultural -78.0000 ($1,142,668.80) -2.59%
SOYBEAN FUTURE Jan20 S F0 Agricultural -34.0000 ($1,503,225.00) -3.41%
Cash and Collateral
Security Name Identifier Shares / Quantity Market Value Weighting Descending sort
U.S. Treasury Bill, 0%, due 12/19/2019 912796SX8 7,000,000 $6,996,372.25 15.86%
US Dollar $USD 6,574,050 $6,574,049.84 14.90%
U.S. Treasury Bill, 0%, due 12/12/2019 912796SW0 6,000,000 $5,998,543.98 13.60%
U.S. Treasury Bill, 0%, due 01/09/2020 912796TA7 6,000,000 $5,991,627.48 13.58%
U.S. Treasury Bill, 0%, due 02/13/2020 912796TF6 5,000,000 $4,985,589.05 11.30%
U.S. Treasury Bill, 0%, due 02/06/2020 912796TE9 4,000,000 $3,989,830.28 9.05%
U.S. Treasury Bill, 0%, due 01/23/2020 912796TC3 3,000,000 $2,994,090.00 6.79%
U.S. Treasury Bill, 0%, due 01/16/2020 912796TB5 2,000,000 $1,996,645.98 4.53%
U.S. Treasury Bill, 0%, due 01/30/2020 912796RY7 2,000,000 $1,995,477.78 4.52%
U.S. Treasury Bill, 0%, due 02/20/2020 912796TG4 1,000,000 $996,841.78 2.26%
U.S. Treasury Bill, 0%, due 04/16/2020 912796TR0 800,000 $795,606.85 1.80%
U.S. Treasury Bill, 0%, due 06/18/2020 912796SV2 800,000 $793,492.06 1.80%
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.