First Trust Managed Futures Strategy Fund (FMF)
FMF is an actively managed ETF by First Trust. FMF launched on Aug 1, 2013 and has a 0.95% expense ratio.
ETF Info
| ISIN | US33739G1031 |
|---|---|
| CUSIP | 33739G103 |
| Issuer | First Trust |
| Inception Date | Aug 1, 2013 |
| Region | North America (U.S.) |
| Category | Hedge Fund, Actively Managed |
| Index Tracked | No Index (Active) |
| Home Page | www.ftportfolios.com |
| Asset Class | Alternatives |
Expense Ratio
The First Trust Managed Futures Strategy Fund has a high expense ratio of 0.95%, indicating higher-than-average management fees.
Share Price Chart
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Compare to other instruments
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Popular comparisons: FMF vs. DBMF, FMF vs. KMLM, FMF vs. QQQ, FMF vs. WTMF, FMF vs. GLD, FMF vs. FTLS, FMF vs. FLRT
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in First Trust Managed Futures Strategy Fund, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Returns By Period
First Trust Managed Futures Strategy Fund had a return of 7.84% year-to-date (YTD) and 6.68% in the last 12 months. Over the past 10 years, First Trust Managed Futures Strategy Fund had an annualized return of 0.90%, while the S&P 500 had an annualized return of 10.42%, indicating that First Trust Managed Futures Strategy Fund did not perform as well as the benchmark.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | 7.84% | 5.05% |
| 1 month | -1.63% | -4.27% |
| 6 months | 3.65% | 18.82% |
| 1 year | 6.68% | 21.22% |
| 5 years (annualized) | 3.46% | 11.38% |
| 10 years (annualized) | 0.90% | 10.42% |
Monthly Returns Heatmap
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | 3.15% | 4.42% | 2.52% | |||||||||
| 2023 | 1.13% | -1.25% | -1.31% | -2.55% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
First Trust Managed Futures Strategy Fund(FMF)
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for First Trust Managed Futures Strategy Fund (FMF) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
First Trust Managed Futures Strategy Fund granted a 3.02% dividend yield in the last twelve months. The annual payout for that period amounted to $1.49 per share.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $1.49 | $1.42 | $0.19 | $1.49 | $0.01 | $0.45 | $0.71 | $0.39 | $0.00 | $0.00 | $1.21 | $1.21 |
Dividend yield | 3.02% | 3.09% | 0.41% | 3.29% | 0.02% | 1.05% | 1.56% | 0.82% | 0.00% | 0.00% | 2.43% | 2.38% |
Monthly Dividends
The table displays the monthly dividend distributions for First Trust Managed Futures Strategy Fund. 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $0.00 | $0.00 | $0.35 | |||||||||
| 2023 | $0.00 | $0.00 | $0.28 | $0.00 | $0.00 | $0.35 | $0.00 | $0.00 | $0.38 | $0.00 | $0.00 | $0.41 |
| 2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.19 |
| 2021 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $1.49 |
| 2020 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.01 |
| 2019 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.45 |
| 2018 | $0.00 | $0.00 | $0.02 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.69 |
| 2017 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.39 |
| 2016 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| 2015 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| 2014 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $1.21 |
| 2013 | $1.21 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way.
Worst Drawdowns
The table below displays the maximum drawdowns of the First Trust Managed Futures Strategy Fund. 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 First Trust Managed Futures Strategy Fund was 20.32%, occurring on Mar 24, 2020. Recovery took 492 trading sessions.
The current First Trust Managed Futures Strategy Fund drawdown is 5.03%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -20.32% | Apr 4, 2014 | 1328 | Mar 24, 2020 | 492 | Mar 7, 2022 | 1820 |
| -14.98% | Jun 15, 2022 | 188 | Mar 15, 2023 | — | — | — |
| -7.98% | Mar 15, 2022 | 4 | Mar 18, 2022 | 57 | Jun 9, 2022 | 61 |
| -3.58% | Dec 31, 2013 | 21 | Feb 5, 2014 | 28 | Mar 27, 2014 | 49 |
| -3.08% | Mar 9, 2022 | 2 | Mar 10, 2022 | 2 | Mar 14, 2022 | 4 |
Volatility
Volatility Chart
The current First Trust Managed Futures Strategy Fund volatility is 1.48%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.