- Issuer
- Fidelity
- Inception Date
- Jun 3, 2025
- Category
- Systematic Trend
- Index Tracked
- No Index (Active)
- Distribution Policy
- Distributing
- Asset Class
- Alternatives
- Assets Under Management
- $255M
Share Price Chart
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Performance
FFUT Performance Chart
Fidelity Managed Futures ETF (FFUT) is up 7.7% since the beginning of the year. FFUT is currently trading at $58 per share.
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Returns By Period
Fidelity Managed Futures ETF (FFUT) has returned 7.69% so far this year and 17.34% over the past 12 months.
Fidelity Managed Futures ETF
- 1D
- -1.06%
- 1M
- -3.71%
- YTD
- 7.69%
- 6M
- 8.36%
- 1Y
- 17.34%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
Benchmark (S&P 500 Index)
- 1D
- -0.10%
- 1M
- -1.54%
- YTD
- 7.49%
- 6M
- 6.15%
- 1Y
- 20.78%
- 3Y*
- 19.17%
- 5Y*
- 11.44%
- 10Y*
- 13.70%
FFUT Monthly Returns History
Based on dividend-adjusted daily data since Jun 5, 2025, FFUT's average daily return is +0.06%, while the average monthly return is +1.22%. At this rate, an investment would double in approximately 4.8 years.
Historically, 77% of months were positive and 23% were negative. The best month was Jan 2026 with a return of +3.7%, while the worst month was Jun 2026 at -3.0%. The longest winning streak lasted 9 consecutive months, and the longest losing streak was 2 months.
On a daily basis, FFUT closed higher 58% of trading days. The best single day was Mar 18, 2026 with a return of +3.3%, while the worst single day was Mar 19, 2026 at -2.8%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 3.68% | 1.27% | 2.31% | 3.42% | -0.07% | -3.01% | 7.69% | ||||||
| 2025 | 0.50% | -0.54% | 1.64% | 2.56% | 1.38% | 0.92% | 1.86% | 8.58% |
Benchmark Metrics
Fidelity Managed Futures ETF has an annualized alpha of 15.41%, beta of 0.06, and R2 of 0.00 versus S&P 500 Index. Calculated based on daily prices since June 05, 2025.
- This ETF captured 39.43% of S&P 500 Index gains and tended to rise during its downturns (downside capture of -30.28%) - a profile typical of hedging or uncorrelated assets.
- Beta of 0.06 may look defensive, but with R2 of 0.00 this ETF is largely uncorrelated with S&P 500 Index - low beta reflects independence, not downside protection. See the Volatility section for a true picture of this ETF's risk.
- R2 of 0.00 means this ETF moves largely independently of S&P 500 Index - capture ratios reflect limited market correlation rather than active downside protection. Consider using a more representative benchmark.
- Alpha
- 15.41%
- Beta
- 0.06
- R²
- 0.00
- Upside Capture
- 39.43%
- Downside Capture
- -30.28%
Expense Ratio
FFUT has an expense ratio of 0.80%, placing it in the medium range.
Return for Risk
Risk / Return Rank
FFUT ranks 60 for risk / return — better than 60% of ETFs on our site. You're getting solid returns for the risk taken. A good sign, especially for investors who want growth without excessive volatility.
Return / Risk — by metrics
The table below present risk-adjusted performance metrics for Fidelity Managed Futures ETF (FFUT) and compare them to S&P 500 Index.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| FFUT | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.12 | ||
| Sortino ratioReturn per unit of downside risk | -0.08 | ||
| Omega ratioGain probability vs. loss probability | 1.30 | 1.30 | -0.01 |
| Calmar ratioReturn relative to maximum drawdown | 3.26 | 2.29 | +0.97 |
| Martin ratioReturn relative to average drawdown | 13.04 | 10.15 | +2.90 |
Dividends
Dividend History
Fidelity Managed Futures ETF provided a 1.94% dividend yield over the last twelve months, with an annual payout of $1.12 per share.
| Period | TTM | 2025 |
|---|---|---|
| Dividend | $1.12 | $1.12 |
Dividend yield | 1.94% | 2.09% |
Monthly Dividends
The table displays the monthly dividend distributions for Fidelity Managed Futures ETF. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | ||||||
| 2025 | $1.12 | $1.12 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
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Worst Drawdowns
The table below displays the maximum drawdowns of the Fidelity Managed Futures ETF. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the Fidelity Managed Futures ETF was 5.34%, occurring on Jun 24, 2026. The portfolio has not yet recovered.
The current Fidelity Managed Futures ETF drawdown is 5.34%.
Related event | Drawdown | Fall | Recovery | Underwater |
|---|---|---|---|---|
2026 pullback2026 | -5.34%Jun 2026 | 21d | — | 22d 8hJun 2026 - now |
2026 pullback2026 | -2.84%Mar 2026 | 4d | 15d | 19dMar 2026 - Apr 2026 |
2026 pullback2026 | -2.67%Feb 2026 | 6d | 6d | 12dJan 2026 - Feb 2026 |
2025 pullback2025 | -2.63%Aug 2025 | 7d | 1mo 8d | 1mo 15dJul 2025 - Sep 2025 |
2026 pullback2026 | -2.47%Apr 2026 | 9d | 6d | 15dApr 2026 - Apr 2026 |
Drawdown Indicators
| FFUT | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -5.34% | -56.78% | +51.44% |
Max Drawdown (1Y)Largest decline over 1 year | -5.34% | -9.10% | +3.76% |
Max Drawdown (3Y)Largest decline over 3 years | — | -18.90% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -25.43% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -33.92% | — |
Current DrawdownCurrent decline from peak | -5.34% | -3.31% | -2.03% |
Average DrawdownAverage peak-to-trough decline | -0.97% | -10.71% | +9.74% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.33% | 2.05% | -0.72% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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