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Unlimited HFMF Managed Futures ETF (HFMF) Sharpe Ratio: 0.71

ETF · Currency in USD · Last updated Jul 17, 2026

The Unlimited HFMF Managed Futures ETF is an actively managed fund that seeks capital appreciation by outperforming the hedge fund industry's Managed Futures sector, targeting twice the volatility. It invests in a diversified portfolio of futures contracts across various asset classes, including commodities, currencies, and financial indices, to generate returns with low expected correlation to broad bond and equity markets.

HFMF's Sharpe Ratio of 0.71 indicates that for each unit of volatility, it generates 0.71 units of excess return above the risk-free rate. The ratio is calculated using historical daily returns over the past 12 months (as of Jul 17, 2026).

Sharpe uses total volatility (standard deviation) which includes both upside and downside price movements, making it useful for comparing risk-adjusted returns across different assets. For how to read this number and when it can mislead, see Sharpe Ratio Explained.

HFMF Sharpe Ratio Rank

HFMF Sharpe Ratio Rank: 24.024
Below Average

HFMF ranks above 24.0% of all investments in our database based on Sharpe Ratio over the past 12 months, indicating below-average returns relative to volatility. Securities are ranked from 0 (worst) to 100 (best).

What moves the rank

  • Strong returns with low total volatility → Higher rank
  • High volatility (both upside and downside) → Lower rank
  • Consistent returns → Higher rank than volatile returns of same magnitude
  • Sharp drawdowns increase volatility → Lower rank

What you can do with this information

  • Returns may not adequately compensate for volatility taken
  • Consider smaller allocation given below-average risk-adjusted profile
  • Explore higher-ranked investments with better consistency
  • Assess whether the volatility profile aligns with your portfolio goals

HFMF Sharpe Ratio Market Positioning

The chart shows HFMF's Sharpe Ratio relative to all ETFs on our platform, with color zones indicating percentile rankings. Higher ratios indicate better risk-adjusted returns.

  • Red zone (bottom 25%): 0.74 or lower
  • Yellow zone (middle 50%): 0.74 to 1.92
  • Green zone (top 25%): 1.92 or higher
  • Top 1%: 6.43+
  • Median: 1.41 — half of all investments score higher

How it compares to other similar ETFs

The table compares Unlimited HFMF Managed Futures ETF's Sharpe Ratio with other ETFs in the Systematic Trend category across multiple time periods, showing how HFMF's risk-adjusted performance compares to similar funds.

Data shows 1-, 5-, and 10-year periods, plus each fund's all-time average, as of Jul 17, 2026.

SymbolName1Y Sharpe Ratio5Y Sharpe Ratio10Y Sharpe RatioAll Time Sharpe Ratio
ISMFiShares Managed Futures Active ETF2.57
DBMFiMGP DBi Managed Futures Strategy ETF2.14
FFUTFidelity Managed Futures ETF1.95
IMFInvesco Managed Futures Strategy ETF1.84
RSSTReturn Stacked U.S. Stocks & Managed Futures ETF1.74
MFUTCambria Chesapeake Pure Trend ETF1.74
AHLTAmerican Beacon AHL Trend ETF1.72
KMLMKFA Mount Lucas Index Strategy ETF1.25
ASMFVirtus AlphaSimplex Managed Futures ETF1.25
HFMFUnlimited HFMF Managed Futures ETF0.71

S&P 500 Index

How to choose period

Historical Sharpe Ratio

The chart shows HFMF's rolling Sharpe ratio over time compared to your chosen benchmark. Rising trends indicate improving returns relative to total volatility, while declining trends may signal deteriorating risk-adjusted performance or increased volatility. Use multiple timeframes to distinguish short-term fluctuations from long-term patterns.

Identify market cycles by observing when HFMF consistently outperforms (line above benchmark), underperforms (below benchmark), or aligns with the benchmark.

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Sharpe Ratio Calculator

How does HFMF fit in your portfolio?

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