MFTNX vs. LIVIX

Last updated Apr 1, 2026

Compare and contrast key facts about Arrow Managed Futures Strategy Fund Institutional Class (MFTNX) and BlackRock LifePath Index 2055 Fund (LIVIX).

MFTNX is managed by BlackRock. It was launched on Apr 29, 2010. LIVIX is managed by BlackRock. It was launched on May 30, 2011.

Performance

MFTNX vs. LIVIX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Arrow Managed Futures Strategy Fund Institutional Class (MFTNX) and BlackRock LifePath Index 2055 Fund (LIVIX). The values are adjusted to include any dividend payments, if applicable.

MFTNX vs. LIVIX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
MFTNX Arrow Managed Futures Strategy Fund Institutional Class	5.59%	9.44%	7.12%	-13.65%	58.30%	2.37%	-3.92%	15.70%	-19.56%	19.38%
LIVIX BlackRock LifePath Index 2055 Fund	-4.27%	21.57%	13.60%	21.62%	-18.38%	18.75%	14.99%	26.76%	-7.83%	21.38%

Returns By Period

In the year-to-date period, MFTNX achieves a 5.59% return, which is significantly higher than LIVIX's -4.27% return. Over the past 10 years, MFTNX has underperformed LIVIX with an annualized return of 5.39%, while LIVIX has yielded a comparatively higher 10.44% annualized return.

MFTNX

• 1D: 0.46%
• 1M: -6.90%
• YTD: 5.59%
• 6M: 14.96%
• 1Y: 22.18%
• 3Y*: 7.12%
• 5Y*: 10.93%
• 10Y*: 5.39%

LIVIX

• 1D: -0.26%
• 1M: -8.84%
• YTD: -4.27%
• 6M: -1.37%
• 1Y: 17.75%
• 3Y*: 14.56%
• 5Y*: 8.15%
• 10Y*: 10.44%

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

MFTNX vs. LIVIX - Expense Ratio Comparison

MFTNX has a 1.56% expense ratio, which is higher than LIVIX's 0.10% expense ratio.

MFTNX

Arrow Managed Futures Strategy Fund Institutional Class

LIVIX

BlackRock LifePath Index 2055 Fund

Return for Risk

MFTNX vs. LIVIX — Risk / Return Rank

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

MFTNX

MFTNX Risk / Return Rank: 43
MFTNX Sharpe Ratio Rank: 47
MFTNX Sortino Ratio Rank: 44
MFTNX Omega Ratio Rank: 37
MFTNX Calmar Ratio Rank: 63
MFTNX Martin Ratio Rank: 27

LIVIX

LIVIX Risk / Return Rank: 62
LIVIX Sharpe Ratio Rank: 60
LIVIX Sortino Ratio Rank: 63
LIVIX Omega Ratio Rank: 63
LIVIX Calmar Ratio Rank: 58
LIVIX Martin Ratio Rank: 67

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.

MFTNX vs. LIVIX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Arrow Managed Futures Strategy Fund Institutional Class (MFTNX) and BlackRock LifePath Index 2055 Fund (LIVIX). 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.

	MFTNX	LIVIX	Difference
Sharpe ratio Return per unit of total volatility	0.91	1.06	-0.16
Sortino ratio Return per unit of downside risk	1.29	1.58	-0.29
Omega ratio Gain probability vs. loss probability	1.17	1.24	-0.06
Calmar ratio Return relative to maximum drawdown	1.42	1.34	+0.08
Martin ratio Return relative to average drawdown	2.90	6.36	-3.46
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

MFTNX vs. LIVIX - Sharpe Ratio Comparison

The current MFTNX Sharpe Ratio is 0.91, which is comparable to the LIVIX Sharpe Ratio of 1.06. The chart below compares the historical Sharpe Ratios of MFTNX and LIVIX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	MFTNX	LIVIX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.91	1.06	-0.16
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.50	0.52	-0.02
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.24	0.63	-0.38
Sharpe Ratio (All Time) Calculated using the full available price history	0.20	0.57	-0.38

Correlation

The correlation between MFTNX and LIVIX 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

MFTNX vs. LIVIX - Dividend Comparison

MFTNX has not paid dividends to shareholders, while LIVIX's dividend yield for the trailing twelve months is around 2.59%.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
MFTNX Arrow Managed Futures Strategy Fund Institutional Class	0.00%	0.00%	0.00%	11.69%	40.52%	2.53%	0.00%	20.10%	8.43%	2.28%	9.35%	1.46%
LIVIX BlackRock LifePath Index 2055 Fund	2.59%	2.48%	0.01%	2.04%	1.96%	2.04%	1.56%	2.95%	2.35%	2.27%	1.54%	2.88%

Drawdowns

MFTNX vs. LIVIX - Drawdown Comparison

The maximum MFTNX drawdown since its inception was -35.58%, roughly equal to the maximum LIVIX drawdown of -34.44%. Use the drawdown chart below to compare losses from any high point for MFTNX and LIVIX.

Drawdown Indicators

	MFTNX	LIVIX	Difference
Max Drawdown Largest peak-to-trough decline	-35.58%	-34.44%	-1.14%
Max Drawdown (1Y) Largest decline over 1 year	-10.89%	-11.82%	+0.93%
Max Drawdown (5Y) Largest decline over 5 years	-32.45%	-26.45%	-6.00%
Max Drawdown (10Y) Largest decline over 10 years	-35.58%	-34.44%	-1.14%
Current Drawdown Current decline from peak	-8.07%	-9.44%	+1.37%
Average Drawdown Average peak-to-trough decline	-13.03%	-4.56%	-8.47%
Ulcer Index Depth and duration of drawdowns from previous peaks	6.37%	2.49%	+3.88%

Volatility

MFTNX vs. LIVIX - Volatility Comparison

The current volatility for Arrow Managed Futures Strategy Fund Institutional Class (MFTNX) is 4.80%, while BlackRock LifePath Index 2055 Fund (LIVIX) has a volatility of 5.26%. This indicates that MFTNX experiences smaller price fluctuations and is considered to be less risky than LIVIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	MFTNX	LIVIX	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.80%	5.26%	-0.46%
Volatility (6M) Calculated over the trailing 6-month period	15.19%	9.30%	+5.89%
Volatility (1Y) Calculated over the trailing 1-year period	21.20%	16.87%	+4.33%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	22.01%	15.71%	+6.30%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	22.08%	16.64%	+5.44%