First Trust Managed Futures Strategy Fund (FMF) Alternatives
First Trust Managed Futures Strategy Fund (FMF) belongs to the Hedge Fund category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with FMF. Use the tables to find lower-cost options, better risk-adjusted returns, or funds that fit a different role in your portfolio.
Cheapest Alternatives to FMF
FMF charges 0.95% annually. Among ETFs in the Hedge Fund category, these options have the lowest expense ratios among FMF alternatives.
| Symbol | Name | Expense Ratio | Inception | |
|---|---|---|---|---|
| Xtrackers MSCI EAFE Hedged Equity ETF | 0.36% | Jun 9, 2011 | FMF vs DBEF | |
| SPDR SSgA Multi-Asset Real Return ETF | 0.50% | Apr 25, 2012 | FMF vs RLY | |
| Simplify Interest Rate Hedge ETF | 0.50% | May 10, 2021 | FMF vs PFIX | |
| RPAR Risk Parity ETF | 0.51% | Dec 13, 2019 | FMF vs RPAR | |
| Global X NASDAQ 100 Tail Risk ETF | 0.60% | Aug 25, 2021 | FMF vs QTR |
Best Risk-Adjusted Alternatives to FMF
Among ETFs in the Hedge Fund category, these options rank highest on PortfoliosLab's risk-adjusted score, which accounts for volatility, drawdown, and return consistency over a 1-year period.
| Symbol | Name | Risk / Return Rank | Inception | |
|---|---|---|---|---|
| Proshares Merger ETF | 97 | Dec 11, 2012 | FMF vs MRGR | |
| Gadsden Dynamic Multi-Asset ETF | 96 | Nov 14, 2018 | FMF vs GDMA | |
| iM DBi Managed Futures Strategy ETF | 95 | May 8, 2019 | FMF vs DBMF | |
| SPDR SSgA Multi-Asset Real Return ETF | 95 | Apr 25, 2012 | FMF vs RLY | |
| WisdomTree Managed Futures Strategy Fund | 94 | Jan 5, 2011 | FMF vs WTMF |
Top Performing FMF Alternatives (YTD)
FMF alternatives from the Hedge Fund category, sorted by year-to-date return.
| Symbol | Name | YTD Return | Inception | |
|---|---|---|---|---|
| SPDR SSgA Multi-Asset Real Return ETF | 15.06% | Apr 25, 2012 | FMF vs RLY | |
| iM DBi Managed Futures Strategy ETF | 7.87% | May 8, 2019 | FMF vs DBMF | |
| Cambria Global Momentum ETF | 6.82% | Nov 4, 2014 | FMF vs GMOM | |
| Gadsden Dynamic Multi-Asset ETF | 5.56% | Nov 14, 2018 | FMF vs GDMA | |
| WisdomTree Managed Futures Strategy Fund | 4.38% | Jan 5, 2011 | FMF vs WTMF |
Lowest Volatility Alternatives to FMF
FMF alternatives from the Hedge Fund category, sorted by annualized volatility over the past year.
| Symbol | Name | Volatility 1Y | Inception | |
|---|---|---|---|---|
| AltShares Merger Arbitrage ETF | 2.79% | May 7, 2020 | FMF vs ARB | |
| Proshares Merger ETF | 4.30% | Dec 11, 2012 | FMF vs MRGR | |
| IQ Merger Arbitrage ETF | 5.00% | Nov 17, 2009 | FMF vs MNA | |
| WisdomTree Managed Futures Strategy Fund | 9.49% | Jan 5, 2011 | FMF vs WTMF | |
| RPAR Risk Parity ETF | 11.75% | Dec 13, 2019 | FMF vs RPAR |
Lowest Drawdown Alternatives to FMF
FMF alternatives from the Hedge Fund category, sorted by maximum drawdown over the past year.
| Symbol | Name | Max Drawdown 1Y | Inception | |
|---|---|---|---|---|
| AltShares Merger Arbitrage ETF | -1.20% | May 7, 2020 | FMF vs ARB | |
| Proshares Merger ETF | -1.66% | Dec 11, 2012 | FMF vs MRGR | |
| IQ Merger Arbitrage ETF | -2.21% | Nov 17, 2009 | FMF vs MNA | |
| WisdomTree Managed Futures Strategy Fund | -4.11% | Jan 5, 2011 | FMF vs WTMF | |
| iM DBi Managed Futures Strategy ETF | -6.10% | May 8, 2019 | FMF vs DBMF |
Other ETFs from First Trust
Most popular First Trust ETFs on PortfoliosLab, across asset classes.
Often Compared With FMF
What investors most often compare with FMF, based on PortfoliosLab usage data.
Compare FMF with Any Fund or Stock
Compare FMF with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.