Unlimited HFMF Managed Futures ETF (HFMF) belongs to the Systematic Trend category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with HFMF. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to HFMF
HFMF charges 0.97% annually. There are 11 ETFs in the Systematic Trend category with lower expense ratios, going as low as 0.35%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Simplify DBi CTA Managed Futures Index ETF | 0.35% | 33.30M | Feb 2026 | HFMF vs SDMF | |
| Global X Dorsey Wright Thematic ETF | 0.50% | 7.20M | Oct 2019 | HFMF vs GXDW | |
| JPMorgan Managed Futures Plus ETF | 0.59% | 17.45M | May 2026 | HFMF vs JPFP | |
| Invesco Managed Futures Strategy ETF | 0.65% | — | Mar 2025 | HFMF vs IMF | |
| Simplify Managed Futures Strategy ETF | 0.78% | 1.51B | Mar 2022 | HFMF vs CTA |
Best Risk-Adjusted Alternatives to HFMF
HFMF has a PortfoliosLab risk / return rank of 23. There are 9 ETFs in the Systematic Trend category with higher risk-adjusted ranks, going as high as 92.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| iShares Managed Futures Active ETF | 92 | — | Mar 2025 | HFMF vs ISMF | |
| iMGP DBi Managed Futures Strategy ETF | 86 | 1.89B | May 2019 | HFMF vs DBMF | |
| Fidelity Managed Futures ETF | 81 | 246.93M | Jun 2025 | HFMF vs FFUT | |
| Invesco Managed Futures Strategy ETF | 77 | — | Mar 2025 | HFMF vs IMF | |
| American Beacon AHL Trend ETF | 68 | 133.25M | Aug 2023 | HFMF vs AHLT |
Top Performing HFMF Alternatives (YTD)
HFMF is at 4.38% YTD. There are 9 ETFs in the Systematic Trend category with higher YTD returns, going as high as 16.23%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Return Stacked U.S. Stocks & Managed Futures ETF | 16.23% | 461.37M | Sep 2023 | HFMF vs RSST | |
| Cambria Chesapeake Pure Trend ETF | 15.13% | — | May 2024 | HFMF vs MFUT | |
| Fidelity Managed Futures ETF | 13.13% | 246.93M | Jun 2025 | HFMF vs FFUT | |
| Invesco Managed Futures Strategy ETF | 11.85% | — | Mar 2025 | HFMF vs IMF | |
| KFA Mount Lucas Index Strategy ETF | 11.60% | 318.74M | Dec 2020 | HFMF vs KMLM |
Lowest Volatility Alternatives to HFMF
HFMF has 16.09% 1-year volatility. There are 9 ETFs in the Systematic Trend category with lower 1-year volatility, going as low as 7.92%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Chesapeake Trend-Following Fixed Income ETF | 7.92% | 36.02M | Feb 2026 | HFMF vs TFFI | |
| iShares Managed Futures Active ETF | 7.98% | — | Mar 2025 | HFMF vs ISMF | |
| Invesco Managed Futures Strategy ETF | 10.57% | — | Mar 2025 | HFMF vs IMF | |
| Fidelity Managed Futures ETF | 11.42% | 246.93M | Jun 2025 | HFMF vs FFUT | |
| KFA Mount Lucas Index Strategy ETF | 11.50% | 318.74M | Dec 2020 | HFMF vs KMLM |
Lowest Drawdown Alternatives to HFMF
HFMF has a 1-year max drawdown of -14.69%. There are 9 ETFs in the Systematic Trend category with shallower 1-year drawdowns, going as shallow as -3.94%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| iShares Managed Futures Active ETF | -3.94% | — | Mar 2025 | HFMF vs ISMF | |
| Invesco Managed Futures Strategy ETF | -4.54% | — | Mar 2025 | HFMF vs IMF | |
| Virtus AlphaSimplex Managed Futures ETF | -5.02% | 30.89M | May 2024 | HFMF vs ASMF | |
| Fidelity Managed Futures ETF | -5.59% | 246.93M | Jun 2025 | HFMF vs FFUT | |
| iMGP DBi Managed Futures Strategy ETF | -6.10% | 1.89B | May 2019 | HFMF vs DBMF |
Other ETFs from Unlimited
The 2 most viewed Unlimited ETFs shown here include HFGM, HFEQ and span 2 categories. AUM among these funds goes as high as $68M.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Unlimited HFGM Global Macro ETF | Macro Trading | 37 | 6.10% | 67.93M | Apr 2025 | HFMF vs HFGM | |
| Unlimited HFEQ Equity Long/Short ETF | Long-Short | — | — | 24.78M | Jul 2025 | HFMF vs HFEQ |
Often Compared With HFMF
Investors most often compare HFMF with HECA, HEFT, JAKVX. These 20 comparison targets span 14 categories, based on PortfoliosLab usage data.
Compare HFMF with Any Fund or Stock
Compare HFMF with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair HFMF with funds that move differently
Unlimited HFMF Managed Futures ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to HFMF.
Explore HFMF Diversifiers