SNXX vs. FFUT

Last updated Jun 23, 2026

SNXX (Tradr 2X Long SNDK Daily ETF) and FFUT (Fidelity Managed Futures ETF) are both exchange-traded funds - SNXX is a Leveraged Equities fund actively managed by Tradr, while FFUT is a Systematic Trend fund actively managed by Fidelity. Both are actively managed. At a correlation of -0.17, they often move in opposite directions. SNXX charges 1.49%/yr vs 0.80%/yr for FFUT.

Performance

SNXX vs. FFUT - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Tradr 2X Long SNDK Daily ETF (SNXX) and Fidelity Managed Futures ETF (FFUT). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

SNXX

• 1D: 8.18%
• 1M: 117.47%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

FFUT

• 1D: -0.52%
• 1M: -2.34%
• YTD: 9.23%
• 6M: 9.36%
• 1Y: 18.91%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

SNXX vs. FFUT - Yearly Performance Comparison

	2026 (YTD)
SNXX Tradr 2X Long SNDK Daily ETF	1,309.90%
FFUT Fidelity Managed Futures ETF	6.51%

Correlation

The correlation between SNXX and FFUT is -0.17, 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 Jan 27, 2026	-0.17

Return for Risk

SNXX vs. FFUT — Risk / Return Rank

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

SNXX

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

FFUT

FFUT Risk / Return Rank: 64
FFUT Sharpe Ratio Rank: 51
FFUT Sortino Ratio Rank: 51
FFUT Omega Ratio Rank: 54
FFUT Calmar Ratio Rank: 87
FFUT Martin Ratio Rank: 80

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.

SNXX vs. FFUT - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Tradr 2X Long SNDK Daily ETF (SNXX) 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.

	SNXX	FFUT	Difference
Sharpe ratio: Return per unit of total volatility	—	1.69	—
Sortino ratio: Return per unit of downside risk	—	2.42	—
Omega ratio: Gain probability vs. loss probability	—	1.33	—
Calmar ratio: Return relative to maximum drawdown	—	4.77	—
Martin ratio: Return relative to average drawdown	—	15.04	—

Drawdowns

SNXX vs. FFUT - Drawdown Comparison

The maximum SNXX drawdown since its inception was -48.39%, which is greater than FFUT's maximum drawdown of -3.98%. Use the drawdown chart below to compare losses from any high point for SNXX and FFUT.

Drawdown Indicators

	SNXX	FFUT	Difference
Max Drawdown Largest peak-to-trough decline	-48.39%	-3.98%	-44.41%
Max Drawdown (1Y) Largest decline over 1 year	—	-3.98%	—
Current Drawdown Current decline from peak	0.00%	-3.98%	+3.98%
Average Drawdown Average peak-to-trough decline	-14.75%	-0.94%	-13.81%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	1.26%	—

Volatility

Volatility by Period

	SNXX	FFUT	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	2.92%	—
Volatility (6M) Calculated over the trailing 6-month period	—	8.96%	—
Volatility (1Y) Calculated over the trailing 1-year period	196.92%	11.23%	+185.69%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	196.92%	11.03%	+185.89%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	196.92%	11.03%	+185.89%

SNXX vs. FFUT - Expense Ratio Comparison

SNXX has a 1.49% expense ratio, which is higher than FFUT's 0.80% expense ratio.

Dividends

SNXX vs. FFUT - Dividend Comparison

SNXX has not paid dividends to shareholders, while FFUT's dividend yield for the trailing twelve months is around 1.91%.

Position	TTM	2025
FFUT Fidelity Managed Futures ETF	1.91%	2.09%
SNXX Tradr 2X Long SNDK Daily ETF	0.00%	0.00%

Frequently Asked Questions

Can I hold both SNXX and FFUT in my portfolio?

SNXX and FFUT have a correlation of -0.17, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, SNXX or FFUT?

On fees, FFUT is cheaper at 0.80% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, SNXX or FFUT?

FFUT is cheaper with a 0.80% expense ratio, compared with 1.49% for SNXX.

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

FFUT has the higher dividend yield at 1.91%, compared with 0.00% for SNXX.

What is the main difference between SNXX and FFUT?

SNXX is categorized as Leveraged Equities, while FFUT is Systematic Trend. They also come from different issuers: Tradr and Fidelity. Their fees differ too: 1.49% for SNXX and 0.80% for FFUT.