FMF vs. TPMN
Compare and contrast key facts about First Trust Managed Futures Strategy Fund (FMF) and Timothy Plan Market Neutral ETF (TPMN).
FMF and TPMN are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. FMF is an actively managed fund by First Trust. It was launched on Aug 1, 2013. TPMN is an actively managed fund by Timothy. It was launched on Jan 24, 2023.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FMF or TPMN.
Correlation
The correlation between FMF and TPMN is -0.04. This indicates that the assets' prices tend to move in opposite directions. Negative correlation can be particularly beneficial for diversification and risk management, as one asset may offset the losses of the other during market fluctuations.
Performance
FMF vs. TPMN - Performance Comparison
Key characteristics
FMF:
-0.60
TPMN:
1.60
FMF:
-0.79
TPMN:
2.45
FMF:
0.91
TPMN:
1.28
FMF:
-0.50
TPMN:
1.84
FMF:
-1.28
TPMN:
7.63
FMF:
3.58%
TPMN:
0.96%
FMF:
7.63%
TPMN:
4.56%
FMF:
-20.32%
TPMN:
-5.10%
FMF:
-7.41%
TPMN:
0.00%
Returns By Period
In the year-to-date period, FMF achieves a -2.80% return, which is significantly lower than TPMN's 2.22% return.
FMF
-2.80%
-1.47%
1.54%
-4.57%
3.44%
0.34%
TPMN
2.22%
3.05%
2.18%
7.32%
N/A
N/A
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FMF vs. TPMN - Expense Ratio Comparison
FMF has a 0.95% expense ratio, which is higher than TPMN's 0.65% expense ratio.
Risk-Adjusted Performance
FMF vs. TPMN — Risk-Adjusted Performance Rank
FMF
TPMN
FMF vs. TPMN - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for First Trust Managed Futures Strategy Fund (FMF) and Timothy Plan Market Neutral ETF (TPMN). 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.
Dividends
FMF vs. TPMN - Dividend Comparison
FMF's dividend yield for the trailing twelve months is around 4.78%, more than TPMN's 4.09% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FMF First Trust Managed Futures Strategy Fund | 4.78% | 4.84% | 3.09% | 0.41% | 3.29% | 0.02% | 1.05% | 1.56% | 0.82% | 0.00% | 0.00% | 2.43% |
TPMN Timothy Plan Market Neutral ETF | 4.09% | 4.14% | 8.57% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
FMF vs. TPMN - Drawdown Comparison
The maximum FMF drawdown since its inception was -20.32%, which is greater than TPMN's maximum drawdown of -5.10%. Use the drawdown chart below to compare losses from any high point for FMF and TPMN. For additional features, visit the drawdowns tool.
Volatility
FMF vs. TPMN - Volatility Comparison
First Trust Managed Futures Strategy Fund (FMF) has a higher volatility of 1.86% compared to Timothy Plan Market Neutral ETF (TPMN) at 1.60%. This indicates that FMF's price experiences larger fluctuations and is considered to be riskier than TPMN based on this measure. The chart below showcases a comparison of their rolling one-month volatility.