FFUT vs. AHLT

Last updated Jun 4, 2026

FFUT (Fidelity Managed Futures ETF) and AHLT (American Beacon AHL Trend ETF) are both Systematic Trend funds. Both are actively managed. At a 0.41 correlation, their price movements are largely independent. FFUT charges 0.80%/yr vs 0.95%/yr for AHLT.

Performance

FFUT vs. AHLT - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fidelity Managed Futures ETF (FFUT) and American Beacon AHL Trend ETF (AHLT). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

The year-to-date returns for both stocks are quite close, with FFUT having a 12.74% return and AHLT slightly lower at 12.42%.

FFUT

• 1D: -0.90%
• 1M: 1.16%
• YTD: 12.74%
• 6M: 14.35%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

AHLT

• 1D: -0.21%
• 1M: 2.87%
• YTD: 12.42%
• 6M: 16.55%
• 1Y: 37.45%
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

FFUT vs. AHLT - Yearly Performance Comparison

	2026 (YTD)	2025
FFUT Fidelity Managed Futures ETF	12.74%	8.26%
AHLT American Beacon AHL Trend ETF	12.42%	21.93%

Correlation

The correlation between FFUT and AHLT is 0.41, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (All Time) Calculated using the full available price history since Jun 6, 2025	0.41

FFUT vs. AHLT - Sectors Allocation Comparison

Sectors	FFUT	AHLT
Technology	65.3%	19.6%
Financial Services	7.4%	19.0%
Communication Services	5.4%	6.3%
Consumer Cyclical	5.2%	9.3%
Industrials	4.5%	13.1%
Healthcare	4.2%	10.4%
Consumer Defensive	2.4%	8.5%
Energy	2.0%	5.5%
Utilities	1.7%	3.6%
Real Estate	0.9%	1.1%
Basic Materials	0.9%	3.6%

Return for Risk

FFUT vs. AHLT — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

AHLT

AHLT Risk / Return Rank: 68
AHLT Sharpe Ratio Rank: 66
AHLT Sortino Ratio Rank: 58
AHLT Omega Ratio Rank: 66
AHLT Calmar Ratio Rank: 84
AHLT Martin Ratio Rank: 67

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

FFUT vs. AHLT - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Managed Futures ETF (FFUT) and American Beacon AHL Trend ETF (AHLT). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Sharpe Ratios by Period

	FFUT	AHLT	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	2.20	—
Sharpe Ratio (All Time) Calculated using the full available price history	2.01	0.48	+1.53

Drawdowns

FFUT vs. AHLT - Drawdown Comparison

The maximum FFUT drawdown since its inception was -2.84%, smaller than the maximum AHLT drawdown of -20.18%. Use the drawdown chart below to compare losses from any high point for FFUT and AHLT.

Drawdown Indicators

	FFUT	AHLT	Difference
Max Drawdown Largest peak-to-trough decline	-2.84%	-20.18%	+17.34%
Max Drawdown (1Y) Largest decline over 1 year	—	-8.26%	—
Current Drawdown Current decline from peak	-0.90%	-0.80%	-0.10%
Average Drawdown Average peak-to-trough decline	-0.88%	-9.39%	+8.51%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	3.05%	—

Volatility

Volatility by Period

	FFUT	AHLT	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	2.62%	—
Volatility (6M) Calculated over the trailing 6-month period	—	12.12%	—
Volatility (1Y) Calculated over the trailing 1-year period	11.17%	17.10%	-5.93%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	11.17%	17.37%	-6.20%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	11.17%	17.37%	-6.20%

FFUT vs. AHLT - Expense Ratio Comparison

FFUT has a 0.80% expense ratio, which is lower than AHLT's 0.95% expense ratio.

Dividends

FFUT vs. AHLT - Dividend Comparison

FFUT's dividend yield for the trailing twelve months is around 1.85%, more than AHLT's 1.51% yield.

Position	TTM	2025	2024	2023
AHLT American Beacon AHL Trend ETF	1.51%	1.70%	0.00%	3.72%
FFUT Fidelity Managed Futures ETF	1.85%	2.09%	0.00%	0.00%

Frequently Asked Questions

Can I hold both FFUT and AHLT in my portfolio?

FFUT and AHLT have a correlation of 0.41, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, FFUT or AHLT?

On fees, FFUT is cheaper at 0.80% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, FFUT or AHLT?

FFUT is cheaper with a 0.80% expense ratio, compared with 0.95% for AHLT.

Which ETF pays a higher dividend yield, FFUT or AHLT?

FFUT has the higher dividend yield at 1.85%, compared with 1.51% for AHLT.

What is the main difference between FFUT and AHLT?

They also come from different issuers: Fidelity and American Beacon. Their fees differ too: 0.80% for FFUT and 0.95% for AHLT.