TIPB vs. FFUT

Last updated Jun 24, 2026

TIPB (Northern Trust 2035 Inflation-Linked Distributing Ladder ETF) and FFUT (Fidelity Managed Futures ETF) are both exchange-traded funds - TIPB is a Inflation-Protected Bonds fund actively managed by Northern Trust, while FFUT is a Systematic Trend fund actively managed by Fidelity. Both are actively managed. At a correlation of -0.19, they often move in opposite directions.

Performance

TIPB vs. FFUT - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Northern Trust 2035 Inflation-Linked Distributing Ladder ETF (TIPB) 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, TIPB achieves a 1.03% return, which is significantly lower than FFUT's 8.83% return.

TIPB

• 1D: -0.02%
• 1M: -0.41%
• YTD: 1.03%
• 6M: 1.14%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

FFUT

• 1D: -0.36%
• 1M: -2.69%
• YTD: 8.83%
• 6M: 9.28%
• 1Y: 18.72%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

TIPB vs. FFUT - Yearly Performance Comparison

	2026 (YTD)	2025
TIPB Northern Trust 2035 Inflation-Linked Distributing Ladder ETF	1.03%	0.79%
FFUT Fidelity Managed Futures ETF	8.83%	6.70%

Correlation

The correlation between TIPB and FFUT is -0.19, 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 Aug 19, 2025	-0.19

Return for Risk

TIPB vs. FFUT — Risk / Return Rank

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

TIPB

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: 84
FFUT Martin Ratio Rank: 79

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.

TIPB vs. FFUT - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Northern Trust 2035 Inflation-Linked Distributing Ladder ETF (TIPB) 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.

	TIPB	FFUT	Difference
Sharpe ratio: Return per unit of total volatility	—	1.68	—
Sortino ratio: Return per unit of downside risk	—	2.40	—
Omega ratio: Gain probability vs. loss probability	—	1.32	—
Calmar ratio: Return relative to maximum drawdown	—	4.35	—
Martin ratio: Return relative to average drawdown	—	14.55	—

Drawdowns

TIPB vs. FFUT - Drawdown Comparison

The maximum TIPB drawdown since its inception was -1.32%, smaller than the maximum FFUT drawdown of -4.33%. Use the drawdown chart below to compare losses from any high point for TIPB and FFUT.

Drawdown Indicators

	TIPB	FFUT	Difference
Max Drawdown Largest peak-to-trough decline	-1.32%	-4.33%	+3.01%
Max Drawdown (1Y) Largest decline over 1 year	—	-4.33%	—
Current Drawdown Current decline from peak	-1.12%	-4.33%	+3.21%
Average Drawdown Average peak-to-trough decline	-0.38%	-0.96%	+0.58%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	1.29%	—

Volatility

Volatility by Period

	TIPB	FFUT	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	2.93%	—
Volatility (6M) Calculated over the trailing 6-month period	—	8.97%	—
Volatility (1Y) Calculated over the trailing 1-year period	2.65%	11.22%	-8.57%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	2.65%	11.02%	-8.37%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	2.65%	11.02%	-8.37%

Dividends

TIPB vs. FFUT - Dividend Comparison

TIPB's dividend yield for the trailing twelve months is around 3.04%, more than FFUT's 1.92% yield.

Position	TTM	2025
FFUT Fidelity Managed Futures ETF	1.92%	2.09%
TIPB Northern Trust 2035 Inflation-Linked Distributing Ladder ETF	3.04%	1.09%

Frequently Asked Questions

Can I hold both TIPB and FFUT in my portfolio?

TIPB and FFUT have a correlation of -0.19, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

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

TIPB has the higher dividend yield at 3.04%, compared with 1.92% for FFUT.

What is the main difference between TIPB and FFUT?

TIPB is categorized as Inflation-Protected Bonds, while FFUT is Systematic Trend. They also come from different issuers: Northern Trust and Fidelity.