- ISIN
- US46127B1061
- CUSIP
- 46127B106
- Issuer
- Invesco
- Inception Date
- Mar 19, 2025
- Region
- Global (Broad)
- Category
- Systematic Trend
- Leveraged
- 1x (No leverage)
- Index Tracked
- No Index (Active)
- Distribution Policy
- Distributing
- Asset Class
- Alternatives
- Asset Class Size
- Large-Cap
- Asset Class Style
- Blend
Highlights
- Avg. Volume (1M)
- 2K
- Avg. Volume Value (1M)
- $127.43K
Share Price Chart
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Performance
IMF Performance Chart
Invesco Managed Futures Strategy ETF (IMF) is up 13.1% since the beginning of the year. IMF is currently trading at $52 per share.
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Returns By Period
Invesco Managed Futures Strategy ETF (IMF) has returned 13.08% so far this year and 22.59% over the past 12 months.
Invesco Managed Futures Strategy ETF
- 1D
- 0.41%
- 1M
- 2.23%
- 6M
- 9.83%
- YTD
- 13.08%
- 1Y
- 22.59%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- 2.79%
Benchmark (S&P 500 Index)
- 1D
- 0.70%
- 1M
- 0.09%
- 6M
- 7.94%
- YTD
- 9.41%
- 1Y
- 20.07%
- 3Y*
- 17.84%
- 5Y*
- 11.25%
- 10Y*
- 13.26%
- ALL TIME*
- 8.09%
IMF Monthly Returns History
Based on dividend-adjusted daily data since Mar 19, 2025, IMF's average daily return is +0.01%, while the average monthly return is +0.29%. At this rate, an investment would double in approximately 19.9 years.
Historically, 65% of months were positive and 35% were negative. The best month was Feb 2026 with a return of +4.7%, while the worst month was Apr 2025 at -11.6%. The longest winning streak lasted 7 consecutive months, and the longest losing streak was 2 months.
On a daily basis, IMF closed higher 56% of trading days. The best single day was Apr 9, 2025 with a return of +4.2%, while the worst single day was Apr 7, 2025 at -3.7%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 2.95% | 4.66% | 2.49% | 2.31% | 0.06% | -1.38% | 1.41% | 13.08% | |||||
| 2025 | -2.67% | -11.63% | 1.23% | -0.95% | -0.68% | 0.98% | 1.65% | -0.60% | 1.10% | 3.93% | -8.17% |
Benchmark Metrics
Invesco Managed Futures Strategy ETF has an annualized alpha of -2.75%, beta of 0.28, and R2 of 0.15 versus S&P 500 Index. Calculated based on daily prices since March 19, 2025.
- This ETF participated in 52.96% of S&P 500 Index downside but only 17.91% of its upside - more exposed to losses than it benefited from rallies.
- Beta of 0.28 may look defensive, but with R2 of 0.15 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 0.15 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
- -2.75%
- Beta
- 0.28
- R²
- 0.15
- Upside Capture
- 17.91%
- Downside Capture
- 52.96%
Expense Ratio
IMF has an expense ratio of 0.65%, placing it in the medium range.
Return for Risk
Risk / Return Rank
IMF ranks 87 for risk / return — above 87% of ETFs peers on PortfoliosLab. Its historical combined result is among the stronger results in the peer group.
Risk / Return Metrics
The table below present risk-adjusted performance metrics for Invesco Managed Futures Strategy ETF (IMF) 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.
| IMF | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.60 | ||
| Sortino ratioReturn per unit of downside risk | +0.62 | ||
| Omega ratioGain probability vs. loss probability | 1.39 | 1.25 | +0.14 |
| Calmar ratioReturn relative to maximum drawdown | 4.70 | 2.00 | +2.70 |
| Martin ratioReturn relative to average drawdown | 13.84 | 8.49 | +5.34 |
Dividends
Dividend History
Invesco Managed Futures Strategy ETF provided a 0.89% dividend yield over the last twelve months, with an annual payout of $0.46 per share.
| Period | TTM | 2025 |
|---|---|---|
| Dividend | $0.46 | $0.46 |
Dividend yield | 0.89% | 1.01% |
Monthly Dividends
The table displays the monthly dividend distributions for Invesco Managed Futures Strategy ETF. 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 | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | |||||
| 2025 | $0.46 | $0.46 |
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 Invesco Managed Futures Strategy 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 Invesco Managed Futures Strategy ETF was 15.29%, occurring on Aug 1, 2025. Recovery took 152 trading sessions.
The current Invesco Managed Futures Strategy ETF drawdown is 1.69%.
Drawdown | Fall | Recovery | Underwater | Related event |
|---|---|---|---|---|
-15.29%Aug 2025 | 4mo 15d | 7mo 12d | 11mo 27dMar 2025 - Mar 2026 | — |
-4.54%Jun 2026 | 1mo 5d | — | 2mo 14dMay 2026 - now | — |
-2.97%Mar 2026 | 10d | 8d | 18dMar 2026 - Mar 2026 | — |
-1.67%Apr 2026 | 1d | 14d | 15dApr 2026 - Apr 2026 | — |
-0.75%May 2026 | 1d | 4d | 5dMay 2026 - May 2026 | — |
Drawdown Indicators
| IMF | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -15.29% | -56.78% | +41.49% |
Max Drawdown (1Y)Largest decline over 1 year | -4.54% | -9.10% | +4.56% |
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 DrawdownCurrent decline from peak | -1.69% | -1.58% | -0.11% |
Average DrawdownAverage peak-to-trough decline | -7.87% | -10.70% | +2.83% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.54% | 2.14% | -0.60% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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