TIPB vs. FFUT

Last updated Jul 14, 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 -0.22, 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 1.38% return, which is significantly lower than FFUT's 11.54% return.

TIPB

• 1D: -0.13%
• 1M: -0.28%
• 6M: 1.21%
• YTD: 1.38%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

FFUT

• 1D: 1.16%
• 1M: 0.14%
• 6M: 8.28%
• YTD: 11.54%
• 1Y: 18.95%
• 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	1.38%	0.79%
FFUT Fidelity Managed Futures ETF	11.54%	6.70%

Correlation

The correlation between TIPB and FFUT is -0.22, 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	-0.22

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: 71
FFUT Sharpe Ratio Rank: 64
FFUT Sortino Ratio Rank: 65
FFUT Omega Ratio Rank: 67
FFUT Calmar Ratio Rank: 81
FFUT Martin Ratio Rank: 77

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	—	1.67	—
Sortino ratio: Return per unit of downside risk	—	2.39	—
Omega ratio: Gain probability vs. loss probability	—	1.32	—
Calmar ratio: Return relative to maximum drawdown	—	3.41	—
Martin ratio: Return relative to average drawdown	—	11.43	—

Drawdowns

TIPB vs. FFUT - Drawdown Comparison

The maximum TIPB drawdown since its inception was -1.32%, smaller than the maximum FFUT drawdown of -5.59%. 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%	-5.59%	+4.27%
Max Drawdown (1Y) Largest decline over 1 year	—	-5.59%	—
Current Drawdown Current decline from peak	-0.79%	-1.95%	+1.16%
Average Drawdown Average peak-to-trough decline	-0.40%	-1.12%	+0.72%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	1.66%	—

Volatility

Volatility by Period

	TIPB	FFUT	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	2.85%	—
Volatility (6M) Calculated over the trailing 6-month period	—	9.06%	—
Volatility (1Y) Calculated over the trailing 1-year period	2.63%	11.42%	-8.79%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	2.63%	10.97%	-8.34%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	2.63%	10.97%	-8.34%

Dividends

TIPB vs. FFUT - Dividend Comparison

TIPB's dividend yield for the trailing twelve months is around 4.15%, more than FFUT's 1.87% yield.

Position	TTM	2025
FFUT Fidelity Managed Futures ETF	1.87%	2.09%
TIPB Northern Trust 2035 Inflation-Linked Distributing Ladder ETF	4.15%	1.09%

Frequently Asked Questions

Can I hold both TIPB and FFUT in my portfolio?

TIPB 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.

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

TIPB has the higher dividend yield at 4.15%, compared with 1.87% 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.