FFUT vs. ASMF
Compare and contrast key facts about Fidelity Managed Futures ETF (FFUT) and Virtus AlphaSimplex Managed Futures ETF (ASMF).
FFUT and ASMF are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. FFUT is an actively managed fund by Fidelity. It was launched on Jun 3, 2025. ASMF is an actively managed fund by Virtus. It was launched on May 15, 2024.
Performance
FFUT vs. ASMF - Performance Comparison
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FFUT vs. ASMF - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
FFUT Fidelity Managed Futures ETF | 7.30% | 8.26% |
ASMF Virtus AlphaSimplex Managed Futures ETF | 5.53% | 7.06% |
Returns By Period
In the year-to-date period, FFUT achieves a 7.30% return, which is significantly higher than ASMF's 5.53% return.
FFUT
- 1D
- -0.11%
- 1M
- 1.91%
- YTD
- 7.30%
- 6M
- 11.63%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
ASMF
- 1D
- -0.07%
- 1M
- -3.80%
- YTD
- 5.53%
- 6M
- 8.69%
- 1Y
- 9.70%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
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FFUT vs. ASMF - Expense Ratio Comparison
Both FFUT and ASMF have an expense ratio of 0.80%.
Return for Risk
FFUT vs. ASMF — Risk / Return Rank
FFUT
ASMF
FFUT vs. ASMF - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Managed Futures ETF (FFUT) and Virtus AlphaSimplex Managed Futures ETF (ASMF). 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.
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Sharpe Ratios by Period
| FFUT | ASMF | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | — | 0.83 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 1.84 | 0.14 | +1.69 |
Correlation
The correlation between FFUT and ASMF is 0.36, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Dividends
FFUT vs. ASMF - Dividend Comparison
FFUT's dividend yield for the trailing twelve months is around 1.95%, more than ASMF's 0.20% yield.
| TTM | 2025 | 2024 | |
|---|---|---|---|
FFUT Fidelity Managed Futures ETF | 1.95% | 2.09% | 0.00% |
ASMF Virtus AlphaSimplex Managed Futures ETF | 0.20% | 0.22% | 1.66% |
Drawdowns
FFUT vs. ASMF - Drawdown Comparison
The maximum FFUT drawdown since its inception was -2.84%, smaller than the maximum ASMF drawdown of -15.31%. Use the drawdown chart below to compare losses from any high point for FFUT and ASMF.
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Drawdown Indicators
| FFUT | ASMF | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -2.84% | -15.31% | +12.47% |
Max Drawdown (1Y)Largest decline over 1 year | — | -5.31% | — |
Current DrawdownCurrent decline from peak | -1.70% | -4.19% | +2.49% |
Average DrawdownAverage peak-to-trough decline | -0.89% | -8.09% | +7.20% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 2.38% | — |
Volatility
FFUT vs. ASMF - Volatility Comparison
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Volatility by Period
| FFUT | ASMF | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 3.82% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 9.90% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 10.99% | 11.80% | -0.81% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 10.99% | 11.20% | -0.21% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 10.99% | 11.20% | -0.21% |