JXI vs. FFUT
JXI (iShares Global Utilities ETF) and FFUT (Fidelity Managed Futures ETF) are both exchange-traded funds - JXI is a Utilities Equities fund tracking the S&P Global Utilities Index, while FFUT is a Systematic Trend fund actively managed by Fidelity. JXI is passively managed, while FFUT is actively managed. Over the past year, JXI returned 18.92% vs 18.91% for FFUT. At a correlation of -0.09, they often move in opposite directions. JXI charges 0.46%/yr vs 0.80%/yr for FFUT.
Performance
JXI vs. FFUT - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, JXI achieves a 7.74% return, which is significantly lower than FFUT's 9.23% return.
JXI
- 1D
- 0.44%
- 1M
- -1.14%
- YTD
- 7.74%
- 6M
- 8.86%
- 1Y
- 18.92%
- 3Y*
- 15.69%
- 5Y*
- 10.25%
- 10Y*
- 9.45%
FFUT
- 1D
- -0.52%
- 1M
- -2.34%
- YTD
- 9.23%
- 6M
- 9.36%
- 1Y
- 18.91%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
JXI vs. FFUT - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
JXI iShares Global Utilities ETF | 7.74% | 10.58% |
FFUT Fidelity Managed Futures ETF | 9.23% | 8.58% |
Correlation
The correlation between JXI and FFUT is -0.09, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.09 |
Correlation (All Time) Calculated using the full available price history since Jun 5, 2025 | -0.09 |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
JXI vs. FFUT — Risk / Return Rank
JXI
FFUT
JXI vs. FFUT - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Global Utilities ETF (JXI) and Fidelity Managed Futures ETF (FFUT). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| JXI | FFUT | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.23 | ||
| Sortino ratioReturn per unit of downside risk | -0.46 | ||
| Omega ratioGain probability vs. loss probability | 1.26 | 1.33 | -0.07 |
| Calmar ratioReturn relative to maximum drawdown | 2.35 | 4.77 | -2.42 |
| Martin ratioReturn relative to average drawdown | 6.80 | 15.04 | -8.24 |
Loading charts...
Drawdowns
JXI vs. FFUT - Drawdown Comparison
The maximum JXI drawdown since its inception was -50.23%, which is greater than FFUT's maximum drawdown of -3.98%. Use the drawdown chart below to compare losses from any high point for JXI and FFUT.
Loading charts...
Drawdown Indicators
| JXI | FFUT | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -50.23% | -3.98% | -46.25% |
Max Drawdown (1Y)Largest decline over 1 year | -8.09% | -3.98% | -4.11% |
Max Drawdown (3Y)Largest decline over 3 years | -16.29% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -22.45% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -34.20% | — | — |
Current DrawdownCurrent decline from peak | -5.21% | -3.98% | -1.23% |
Average DrawdownAverage peak-to-trough decline | -12.80% | -0.94% | -11.86% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.79% | 1.26% | +1.53% |
Volatility
JXI vs. FFUT - Volatility Comparison
iShares Global Utilities ETF (JXI) has a higher volatility of 4.33% compared to Fidelity Managed Futures ETF (FFUT) at 2.92%. This indicates that JXI's price experiences larger fluctuations and is considered to be riskier than FFUT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| JXI | FFUT | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.33% | 2.92% | +1.41% |
Volatility (6M)Calculated over the trailing 6-month period | 10.61% | 8.96% | +1.65% |
Volatility (1Y)Calculated over the trailing 1-year period | 13.01% | 11.23% | +1.78% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 15.39% | 11.03% | +4.36% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 17.02% | 11.03% | +5.99% |
JXI vs. FFUT - Expense Ratio Comparison
JXI has a 0.46% expense ratio, which is lower than FFUT's 0.80% expense ratio.
Dividends
JXI vs. FFUT - Dividend Comparison
JXI's dividend yield for the trailing twelve months is around 2.45%, more than FFUT's 1.91% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FFUT Fidelity Managed Futures ETF | 1.91% | 2.09% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
JXI iShares Global Utilities ETF | 2.45% | 2.56% | 3.02% | 3.58% | 3.13% | 2.78% | 2.65% | 3.43% | 3.16% | 3.62% | 4.77% | 3.78% |
Frequently Asked Questions
JXI and FFUT have a correlation of -0.09, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
JXI has higher volatility (4.33%) compared to FFUT (2.92%). In terms of maximum drawdown, JXI dropped -50.23% vs FFUT's -3.98%.
On 1-year performance, JXI leads with 18.92% vs 18.91% for FFUT. On fees, JXI is cheaper at 0.46% per year. On volatility, FFUT has been the lower-risk option at 2.92%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 1-year period, JXI has performed better with a 18.92% return vs 18.91%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
JXI is cheaper with a 0.46% expense ratio, compared with 0.80% for FFUT.
JXI has the higher dividend yield at 2.45%, compared with 1.91% for FFUT.
JXI is categorized as Utilities Equities, while FFUT is Systematic Trend. They also come from different issuers: iShares and Fidelity. Their fees differ too: 0.46% for JXI and 0.80% for FFUT.
FFUT currently has the higher Sharpe Ratio (1.69 vs 1.46), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
Find the right allocation for JXI and FFUT
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer