iShares Managed Futures Active ETF (ISMF)

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The chart shows the growth of an initial investment of $10,000 in iShares Managed Futures Active ETF, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.

iShares Managed Futures Active ETF (ISMF) has returned 3.84% so far this year and 15.08% over the past 12 months.

Based on dividend-adjusted daily data since Mar 13, 2025, ISMF's average daily return is +0.06%, while the average monthly return is +1.16%. At this rate, your investment would double in approximately 5.0 years.

Historically, 77% of months were positive and 23% were negative. The best month was Sep 2025 with a return of +3.9%, while the worst month was Apr 2025 at -2.5%. The longest winning streak lasted 8 consecutive months, and the longest losing streak was 1 months.

On a daily basis, ISMF closed higher 59% of trading days. The best single day was Jan 12, 2026 with a return of +1.7%, while the worst single day was Jan 30, 2026 at -2.9%.

iShares Managed Futures Active ETF has an annualized alpha of 11.93%, beta of 0.18, and R² of 0.16 versus S&P 500 Index. Calculated based on daily prices since March 14, 2025.

• This ETF captured 53.29% of S&P 500 Index gains and tended to rise during its downturns (downside capture of -19.39%) — a profile typical of hedging or uncorrelated assets.
• Beta of 0.18 may look defensive, but with R² of 0.16 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 0.16 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.

ISMF has an expense ratio of 0.80%, placing it in the medium range.

ISMF ranks 86 for risk / return — in the top 86% of ETFs on our site. This means strong returns relative to risk — exactly what professional investors look for. Well-suited for investors who want to maximize return per unit of risk.

The table below present risk-adjusted performance metrics for iShares Managed Futures Active ETF (ISMF) and compare them to a chosen benchmark (S&P 500 Index).

iShares Managed Futures Active ETF provided a 6.00% dividend yield over the last twelve months, with an annual payout of $1.64 per share.

The table displays the monthly dividend distributions for iShares Managed Futures Active ETF. The dividends shown in the table have been adjusted to account for any splits that may have occurred.

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.

The table below displays the maximum drawdowns of the iShares Managed Futures Active 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 iShares Managed Futures Active ETF was 4.23%, occurring on May 6, 2025. Recovery took 71 trading sessions.

The current iShares Managed Futures Active ETF drawdown is 2.10%.

The chart below shows the rolling one-month volatility.