MFTNX vs. SPY
Compare and contrast key facts about Arrow Managed Futures Strategy Fund Institutional Class (MFTNX) and SPDR S&P 500 ETF (SPY).
MFTNX is managed by Blackrock. It was launched on Apr 29, 2010. SPY is a passively managed fund by State Street that tracks the performance of the S&P 500 Index. It was launched on Jan 22, 1993.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: MFTNX or SPY.
Correlation
The correlation between MFTNX and SPY is 0.10, 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.
Performance
MFTNX vs. SPY - Performance Comparison
Key characteristics
MFTNX:
-1.28
SPY:
0.34
MFTNX:
-1.76
SPY:
0.62
MFTNX:
0.80
SPY:
1.09
MFTNX:
-0.92
SPY:
0.35
MFTNX:
-1.65
SPY:
1.64
MFTNX:
17.43%
SPY:
4.00%
MFTNX:
22.48%
SPY:
19.55%
MFTNX:
-35.58%
SPY:
-55.19%
MFTNX:
-29.79%
SPY:
-12.02%
Returns By Period
In the year-to-date period, MFTNX achieves a -12.24% return, which is significantly lower than SPY's -7.99% return. Over the past 10 years, MFTNX has underperformed SPY with an annualized return of 2.77%, while SPY has yielded a comparatively higher 11.91% annualized return.
MFTNX
-12.24%
-8.73%
-11.31%
-29.20%
4.03%
2.77%
SPY
-7.99%
-4.19%
-6.68%
7.93%
15.74%
11.91%
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MFTNX vs. SPY - Expense Ratio Comparison
MFTNX has a 1.56% expense ratio, which is higher than SPY's 0.09% expense ratio.
Risk-Adjusted Performance
MFTNX vs. SPY — Risk-Adjusted Performance Rank
MFTNX
SPY
MFTNX vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Arrow Managed Futures Strategy Fund Institutional Class (MFTNX) and SPDR S&P 500 ETF (SPY). 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
MFTNX vs. SPY - Dividend Comparison
MFTNX has not paid dividends to shareholders, while SPY's dividend yield for the trailing twelve months is around 1.33%.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
MFTNX Arrow Managed Futures Strategy Fund Institutional Class | 0.00% | 0.00% | 11.70% | 40.53% | 2.54% | 0.00% | 20.09% | 8.43% | 2.28% | 9.35% | 1.47% | 0.00% |
SPY SPDR S&P 500 ETF | 1.33% | 1.21% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% |
Drawdowns
MFTNX vs. SPY - Drawdown Comparison
The maximum MFTNX drawdown since its inception was -35.58%, smaller than the maximum SPY drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for MFTNX and SPY. For additional features, visit the drawdowns tool.
Volatility
MFTNX vs. SPY - Volatility Comparison
The current volatility for Arrow Managed Futures Strategy Fund Institutional Class (MFTNX) is 7.31%, while SPDR S&P 500 ETF (SPY) has a volatility of 14.47%. This indicates that MFTNX experiences smaller price fluctuations and is considered to be less risky than SPY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.