MYCM vs. FFUT

Last updated Jun 4, 2026

MYCM (State Street My2033 Corporate Bond ETF) and FFUT (Fidelity Managed Futures ETF) are both exchange-traded funds - MYCM is a Corporate Bonds fund actively managed by State Street, while FFUT is a Systematic Trend fund actively managed by Fidelity. Both are actively managed. At a correlation of -0.29, they often move in opposite directions. MYCM charges 0.15%/yr vs 0.80%/yr for FFUT.

Performance

MYCM vs. FFUT - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in State Street My2033 Corporate Bond ETF (MYCM) and Fidelity Managed Futures ETF (FFUT). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, MYCM achieves a 0.42% return, which is significantly lower than FFUT's 12.74% return.

MYCM

• 1D: -0.19%
• 1M: 0.25%
• YTD: 0.42%
• 6M: 0.38%
• 1Y: 6.52%
• 3Y*: —
• 5Y*: —
• 10Y*: —

FFUT

• 1D: -0.90%
• 1M: 1.16%
• YTD: 12.74%
• 6M: 14.35%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

MYCM vs. FFUT - Yearly Performance Comparison

	2026 (YTD)	2025
MYCM State Street My2033 Corporate Bond ETF	0.42%	5.81%
FFUT Fidelity Managed Futures ETF	12.74%	8.26%

Correlation

The correlation between MYCM and FFUT is -0.29, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.

	Correlation
Correlation (All Time) Calculated using the full available price history since Jun 6, 2025	-0.29

Return for Risk

MYCM vs. FFUT — Risk / Return Rank

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

MYCM

MYCM Risk / Return Rank: 49
MYCM Sharpe Ratio Rank: 49
MYCM Sortino Ratio Rank: 52
MYCM Omega Ratio Rank: 48
MYCM Calmar Ratio Rank: 50
MYCM Martin Ratio Rank: 49

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.

MYCM vs. FFUT - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for State Street My2033 Corporate Bond ETF (MYCM) 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.

	MYCM	FFUT	Difference
Sharpe ratio: Return per unit of total volatility	1.65	—	—
Sortino ratio: Return per unit of downside risk	2.47	—	—
Omega ratio: Gain probability vs. loss probability	1.30	—	—
Calmar ratio: Return relative to maximum drawdown	2.39	—	—
Martin ratio: Return relative to average drawdown	7.98	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	MYCM	FFUT	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.65	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.72	2.01	-1.29

Drawdowns

MYCM vs. FFUT - Drawdown Comparison

The maximum MYCM drawdown since its inception was -4.58%, which is greater than FFUT's maximum drawdown of -2.84%. Use the drawdown chart below to compare losses from any high point for MYCM and FFUT.

Drawdown Indicators

	MYCM	FFUT	Difference
Max Drawdown Largest peak-to-trough decline	-4.58%	-2.84%	-1.74%
Max Drawdown (1Y) Largest decline over 1 year	-2.74%	—	—
Current Drawdown Current decline from peak	-1.18%	-0.90%	-0.28%
Average Drawdown Average peak-to-trough decline	-1.08%	-0.88%	-0.20%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.82%	—	—

Volatility

Volatility by Period

	MYCM	FFUT	Difference
Volatility (1M) Calculated over the trailing 1-month period	1.25%	—	—
Volatility (6M) Calculated over the trailing 6-month period	2.89%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	3.97%	11.17%	-7.20%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	5.12%	11.17%	-6.05%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	5.12%	11.17%	-6.05%

MYCM vs. FFUT - Expense Ratio Comparison

MYCM has a 0.15% expense ratio, which is lower than FFUT's 0.80% expense ratio.

Dividends

MYCM vs. FFUT - Dividend Comparison

MYCM's dividend yield for the trailing twelve months is around 4.74%, more than FFUT's 1.85% yield.

Position	TTM	2025	2024
FFUT Fidelity Managed Futures ETF	1.85%	2.09%	0.00%
MYCM State Street My2033 Corporate Bond ETF	4.74%	4.70%	1.30%

Frequently Asked Questions

Can I hold both MYCM and FFUT in my portfolio?

MYCM and FFUT have a correlation of -0.29, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, MYCM or FFUT?

On fees, MYCM is cheaper at 0.15% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, MYCM or FFUT?

MYCM is cheaper with a 0.15% expense ratio, compared with 0.80% for FFUT.

Which ETF pays a higher dividend yield, MYCM or FFUT?

MYCM has the higher dividend yield at 4.74%, compared with 1.85% for FFUT.

What is the main difference between MYCM and FFUT?

MYCM is categorized as Corporate Bonds, while FFUT is Systematic Trend. They also come from different issuers: State Street and Fidelity. Their fees differ too: 0.15% for MYCM and 0.80% for FFUT.