# First Trust Alternative Absolute Return Strategy ETF

First Trust Alternative Absolute Return Strategy ETF is a ETF series of FIRST TRUST EXCHANGE-TRADED FUND VII (series S000053488). Net assets $173.9M as of 2026-03-31.

## Profile

- Series ID: S000053488
- Registrant: FIRST TRUST EXCHANGE-TRADED FUND VII
- LEI: 549300WHPXXR83TGJA80
- Net assets: $173.9M
- Total assets: $202.2M
- As of: 2026-03-31
- Type: ETF

## Advisers

- [First Trust Advisors L.P. (Advisor)](https://search.stillhousedata.com/firm/107027)

## Top holdings (31 reported)

_Showing 15 of 31 holdings by value._

| Holding | Ticker | Value | % of fund |
| --- | --- | --- | --- |
| [Morgan Stanley Institutional Liquidity Funds](https://search.stillhousedata.com/security/61747C582) | — | $55.1M | 3167.62% |
| [Dreyfus Government Cash Management Funds](https://search.stillhousedata.com/security/262006208) | — | $55.1M | 3167.62% |
| [United States Treasury Bills](https://search.stillhousedata.com/security/912797UA3) | — | $19.8M | 1141.51% |
| [United States Treasury Bills](https://search.stillhousedata.com/security/912797QD2) | — | $15.0M | 861.37% |
| [United States Treasury Bills](https://search.stillhousedata.com/security/912797SN8) | — | $15.0M | 860.16% |
| [United States Treasury Bills](https://search.stillhousedata.com/security/912797QN0) | — | $14.9M | 858.93% |
| [United States Treasury Bills](https://search.stillhousedata.com/security/912797TU1) | — | $14.9M | 857.32% |
| ICE FUTURES EUROPE | — | $2.7M | 153.47% |
| NEW YORK MERCANTILE EXCHANGE, INC. | RBK6 | $2.5M | 143.37% |
| NEW YORK MERCANTILE EXCHANGE, INC. | HOK6 | $1.5M | 88.27% |
| BOARD OF TRADE OF THE CITY OF CHICAGO, INC. | ZLK6 | $570K | 32.80% |
| CHICAGO MERCANTILE EXCHANGE INC. | GFJ6 | $311K | 17.90% |
| THE LONDON METAL EXCHANGE | LAM26 | $262K | 15.04% |
| ICE FUTURES EUROPE | — | $259K | 14.87% |
| BOARD OF TRADE OF THE CITY OF CHICAGO, INC. | ZMK6 | $237K | 13.61% |

## Net asset history

| Report date | Net assets |
| --- | --- |
| 2026-03-31 | $173.9M |
| 2025-12-31 | $121.9M |
| 2025-09-30 | $111.1M |
| 2025-06-30 | $98.4M |
| 2025-03-31 | $99.6M |
| 2024-12-31 | $96.7M |
| 2024-09-30 | $115.2M |
| 2024-06-30 | $123.9M |

## More

- [Registrant: FIRST TRUST EXCHANGE-TRADED FUND VII](https://search.stillhousedata.com/registrant/1561785)
- [This page as markdown (for LLM agents)](https://search.stillhousedata.com/fund/S000053488.md)
- [Search all SEC filings, advisers and people on Adviser Search](https://search.stillhousedata.com/)

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Source: public SEC filing data via Adviser Search (https://search.stillhousedata.com).
Agents: this data is also queryable via MCP tools and read-only SQL — see https://search.stillhousedata.com/llms.txt.