RFIX vs. FFUT
RFIX (Simplify Bond Bull ETF) and FFUT (Fidelity Managed Futures ETF) are both exchange-traded funds - RFIX is a Nontraditional Bonds fund actively managed by Simplify, while FFUT is a Systematic Trend fund actively managed by Fidelity. Both are actively managed. Over the past year, RFIX returned -15.77% vs 23.75% for FFUT. Their -0.23 correlation means they have often moved in opposite directions in the past. RFIX charges 0.50%/yr vs 0.80%/yr for FFUT.
Performance
RFIX vs. FFUT - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, RFIX achieves a 4.85% return, which is significantly lower than FFUT's 13.58% return.
RFIX
- 1D
- 0.12%
- 1M
- -2.47%
- 6M
- 5.09%
- YTD
- 4.85%
- 1Y
- -15.77%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- -22.51%
FFUT
- 1D
- -0.23%
- 1M
- 5.46%
- 6M
- 9.55%
- YTD
- 13.58%
- 1Y
- 23.75%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- 19.94%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $7.77M | $4.00M | $2.01M | |
| $6.74M | $8.71M | $16.93M |
RFIX vs. FFUT - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
RFIX Simplify Bond Bull ETF | 4.85% | -23.26% |
FFUT Fidelity Managed Futures ETF | 13.58% | 8.58% |
Correlation
The correlation between RFIX and FFUT is -0.22, meaning they have often moved in opposite directions in the past. This relationship can weaken or reverse as market conditions change.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | -0.22 |
Correlation (All Time) Calculated using the full available price history since Jun 5, 2025 | -0.23 |
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
RFIX vs. FFUT — Risk / Return Rank
RFIX
FFUT
RFIX vs. FFUT - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Simplify Bond Bull ETF (RFIX) 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.
| RFIX | FFUT | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.52 | ||
| Sortino ratioReturn per unit of downside risk | -3.40 | ||
| Omega ratioGain probability vs. loss probability | 0.94 | 1.38 | -0.44 |
| Calmar ratioReturn relative to maximum drawdown | -0.68 | 4.20 | -4.88 |
| Martin ratioReturn relative to average drawdown | -1.20 | 14.36 | -15.56 |
Loading charts...
Drawdowns
RFIX vs. FFUT - Drawdown Comparison
The maximum RFIX drawdown since its inception was -38.79%, which is greater than FFUT's maximum drawdown of -5.59%. Use the drawdown chart below to compare losses from any high point for RFIX and FFUT.
Loading charts...
Drawdown Indicators
| RFIX | FFUT | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -38.79% | -5.59% | -33.20% |
Max Drawdown (1Y)Largest decline over 1 year | -21.63% | -5.59% | -16.04% |
Current DrawdownCurrent decline from peak | -34.21% | -1.43% | -32.78% |
Average DrawdownAverage peak-to-trough decline | -24.89% | -1.11% | -23.78% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 12.18% | 1.63% | +10.55% |
Volatility
RFIX vs. FFUT - Volatility Comparison
Simplify Bond Bull ETF (RFIX) has a higher volatility of 6.23% compared to Fidelity Managed Futures ETF (FFUT) at 3.61%. This indicates that RFIX'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
| RFIX | FFUT | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.23% | 3.61% | +2.62% |
Volatility (6M)Calculated over the trailing 6-month period | 20.46% | 9.27% | +11.19% |
Volatility (1Y)Calculated over the trailing 1-year period | 29.41% | 11.67% | +17.74% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 30.63% | 11.09% | +19.54% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 30.63% | 11.09% | +19.54% |
RFIX vs. FFUT - Expense Ratio Comparison
RFIX has a 0.50% expense ratio, which is lower than FFUT's 0.80% expense ratio.
Dividends
RFIX vs. FFUT - Dividend Comparison
RFIX's dividend yield for the trailing twelve months is around 4.36%, more than FFUT's 1.84% yield.
| Position | TTM | 2025 |
|---|---|---|
FFUT Fidelity Managed Futures ETF | 1.84% | 2.09% |
RFIX Simplify Bond Bull ETF | 4.36% | 5.07% |
Frequently Asked Questions
RFIX and FFUT have a correlation of -0.22, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
RFIX has higher volatility (6.23%) compared to FFUT (3.61%). In terms of maximum drawdown, RFIX dropped -38.79% vs FFUT's -5.59%.
On 1-year performance, FFUT leads with 23.75% vs -15.77% for RFIX. On fees, RFIX is cheaper at 0.50% per year. On volatility, FFUT has been the lower-risk option at 3.61%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 1-year period, FFUT has performed better with a 23.75% return vs -15.77%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
RFIX is cheaper with a 0.50% expense ratio, compared with 0.80% for FFUT.
RFIX has the higher dividend yield at 4.36%, compared with 1.84% for FFUT.
RFIX is categorized as Nontraditional Bonds, while FFUT is Systematic Trend. They also come from different issuers: Simplify and Fidelity. Their fees differ too: 0.50% for RFIX and 0.80% for FFUT.
FFUT currently has the higher Sharpe Ratio (2.02 vs -0.50), 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 RFIX 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