FFUT vs. FETH
Compare and contrast key facts about Fidelity Managed Futures ETF (FFUT) and Fidelity Ethereum Fund (FETH).
FFUT and FETH 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. FETH is a passively managed fund by Fidelity that tracks the performance of the Fidelity Ethereum Reference Rate Index. It was launched on Jul 22, 2024.
Performance
FFUT vs. FETH - Performance Comparison
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FFUT vs. FETH - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
FFUT Fidelity Managed Futures ETF | 7.30% | 8.26% |
FETH Fidelity Ethereum Fund | -27.93% | 17.22% |
Returns By Period
In the year-to-date period, FFUT achieves a 7.30% return, which is significantly higher than FETH's -27.93% return.
FFUT
- 1D
- -0.11%
- 1M
- 1.91%
- YTD
- 7.30%
- 6M
- 11.63%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
FETH
- 1D
- 2.20%
- 1M
- 5.07%
- YTD
- -27.93%
- 6M
- -50.73%
- 1Y
- 11.73%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
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FFUT vs. FETH - Expense Ratio Comparison
FFUT has a 0.80% expense ratio, which is higher than FETH's 0.00% expense ratio.
Return for Risk
FFUT vs. FETH — Risk / Return Rank
FFUT
FETH
FFUT vs. FETH - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Managed Futures ETF (FFUT) and Fidelity Ethereum Fund (FETH). 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 | FETH | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | — | 0.16 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 1.84 | -0.34 | +2.17 |
Correlation
The correlation between FFUT and FETH is 0.12, 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. FETH - Dividend Comparison
FFUT's dividend yield for the trailing twelve months is around 1.95%, while FETH has not paid dividends to shareholders.
| TTM | 2025 | |
|---|---|---|
FFUT Fidelity Managed Futures ETF | 1.95% | 2.09% |
FETH Fidelity Ethereum Fund | 0.00% | 0.00% |
Drawdowns
FFUT vs. FETH - Drawdown Comparison
The maximum FFUT drawdown since its inception was -2.84%, smaller than the maximum FETH drawdown of -64.00%. Use the drawdown chart below to compare losses from any high point for FFUT and FETH.
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Drawdown Indicators
| FFUT | FETH | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -2.84% | -64.00% | +61.16% |
Max Drawdown (1Y)Largest decline over 1 year | — | -61.74% | — |
Current DrawdownCurrent decline from peak | -1.70% | -55.91% | +54.21% |
Average DrawdownAverage peak-to-trough decline | -0.89% | -30.53% | +29.64% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 30.68% | — |
Volatility
FFUT vs. FETH - Volatility Comparison
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Volatility by Period
| FFUT | FETH | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 19.07% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 53.60% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 10.99% | 75.82% | -64.83% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 10.99% | 74.78% | -63.79% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 10.99% | 74.78% | -63.79% |