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Issuer
Fidelity
Inception Date
Jun 3, 2025
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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S&P 500 Index

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%
*Multi-year figures are annualized to reflect compound growth (CAGR)

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%.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
20263.68%1.27%2.31%3.42%-0.07%-3.01%7.69%
20250.50%-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
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.


FFUT Risk / Return Rank: 6060
Overall Rank
FFUT Sharpe Ratio Rank: 5050
Sharpe Ratio Rank
FFUT Sortino Ratio Rank: 5050
Sortino Ratio Rank
FFUT Omega Ratio Rank: 5252
Omega Ratio Rank
FFUT Calmar Ratio Rank: 7272
Calmar Ratio Rank
FFUT Martin Ratio Rank: 7777
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

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.


FFUTBenchmarkDifference
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.


2.09%$0.00$0.20$0.40$0.60$0.80$1.00$1.202025
Dividends
Dividend Yield
PeriodTTM2025
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.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
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
4d15d
19dMar 2026 - Apr 2026
2026 pullback2026
-2.67%Feb 2026
6d6d
12dJan 2026 - Feb 2026
2025 pullback2025
-2.63%Aug 2025
7d1mo 8d
1mo 15dJul 2025 - Sep 2025
2026 pullback2026
-2.47%Apr 2026
9d6d
15dApr 2026 - Apr 2026

Drawdown Indicators


FFUTBenchmarkDifference

Max Drawdown

Largest 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 Drawdown

Current decline from peak

-5.34%

-3.31%

-2.03%

Average Drawdown

Average peak-to-trough decline

-0.97%

-10.71%

+9.74%

Ulcer Index

Depth 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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Portfolio Analyzer

Build a portfolio with FFUT

Add Fidelity Managed Futures ETF to a portfolio and analyze allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.

Open Portfolio Analyzer with FFUT