HFMF vs. VTSAX

Last updated Jun 4, 2026

HFMF (Unlimited HFMF Managed Futures ETF) and VTSAX (Vanguard Total Stock Market Index Fund Admiral Shares) are both funds - HFMF is a Systematic Trend fund actively managed by Unlimited, while VTSAX is a Large Cap Blend Equities fund managed by Vanguard. At a 0.41 correlation, their price movements are largely independent. HFMF charges 0.97%/yr vs 0.04%/yr for VTSAX.

Performance

HFMF vs. VTSAX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Unlimited HFMF Managed Futures ETF (HFMF) and Vanguard Total Stock Market Index Fund Admiral Shares (VTSAX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, HFMF achieves a 7.67% return, which is significantly lower than VTSAX's 11.98% return.

HFMF

• 1D: -0.58%
• 1M: -2.87%
• YTD: 7.67%
• 6M: 8.74%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

VTSAX

• 1D: 0.24%
• 1M: 5.76%
• YTD: 11.98%
• 6M: 11.87%
• 1Y: 29.09%
• 3Y*: 22.34%
• 5Y*: 13.04%
• 10Y*: 15.12%

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

HFMF vs. VTSAX - Yearly Performance Comparison

	2026 (YTD)	2025
HFMF Unlimited HFMF Managed Futures ETF	7.67%	6.34%
VTSAX Vanguard Total Stock Market Index Fund Admiral Shares	11.98%	10.13%

Correlation

The correlation between HFMF and VTSAX 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 Jul 16, 2025	0.41

Return for Risk

HFMF vs. VTSAX — Risk / Return Rank

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

VTSAX

VTSAX Risk / Return Rank: 71
VTSAX Sharpe Ratio Rank: 72
VTSAX Sortino Ratio Rank: 65
VTSAX Omega Ratio Rank: 63
VTSAX Calmar Ratio Rank: 74
VTSAX Martin Ratio Rank: 83

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.

HFMF vs. VTSAX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Unlimited HFMF Managed Futures ETF (HFMF) and Vanguard Total Stock Market Index Fund Admiral Shares (VTSAX). 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

	HFMF	VTSAX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	2.47	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.76	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.82	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.99	0.47	+0.52

Drawdowns

HFMF vs. VTSAX - Drawdown Comparison

The maximum HFMF drawdown since its inception was -10.00%, smaller than the maximum VTSAX drawdown of -55.33%. Use the drawdown chart below to compare losses from any high point for HFMF and VTSAX.

Drawdown Indicators

	HFMF	VTSAX	Difference
Max Drawdown Largest peak-to-trough decline	-10.00%	-55.33%	+45.33%
Max Drawdown (1Y) Largest decline over 1 year	—	-8.92%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-19.36%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-25.36%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-34.97%	—
Current Drawdown Current decline from peak	-9.89%	0.00%	-9.89%
Average Drawdown Average peak-to-trough decline	-2.86%	-9.01%	+6.15%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	1.93%	—

Volatility

Volatility by Period

	HFMF	VTSAX	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	2.95%	—
Volatility (6M) Calculated over the trailing 6-month period	—	9.19%	—
Volatility (1Y) Calculated over the trailing 1-year period	16.79%	12.19%	+4.60%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.79%	17.36%	-0.57%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.79%	18.41%	-1.62%

HFMF vs. VTSAX - Expense Ratio Comparison

HFMF has a 0.97% expense ratio, which is higher than VTSAX's 0.04% expense ratio.

Dividends

HFMF vs. VTSAX - Dividend Comparison

HFMF's dividend yield for the trailing twelve months is around 2.76%, more than VTSAX's 1.00% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
HFMF Unlimited HFMF Managed Futures ETF	2.76%	2.97%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
VTSAX Vanguard Total Stock Market Index Fund Admiral Shares	1.00%	1.11%	1.26%	1.42%	1.65%	1.20%	1.41%	1.76%	2.03%	1.71%	1.92%	1.98%

Frequently Asked Questions

Can I hold both HFMF and VTSAX in my portfolio?

HFMF and VTSAX 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.