VTC vs. FFUT

Last updated Jun 24, 2026

VTC (Vanguard Total Corporate Bond ETF) and FFUT (Fidelity Managed Futures ETF) are both exchange-traded funds - VTC is a Corporate Bonds fund tracking the Bloomberg U.S. Corporate Bond Index, while FFUT is a Systematic Trend fund actively managed by Fidelity. VTC is passively managed, while FFUT is actively managed. Over the past year, VTC returned 5.12% vs 18.72% for FFUT. At a correlation of -0.28, they often move in opposite directions. VTC charges 0.03%/yr vs 0.80%/yr for FFUT.

Performance

VTC vs. FFUT - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Vanguard Total Corporate Bond ETF (VTC) 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, VTC achieves a 0.84% return, which is significantly lower than FFUT's 8.83% return.

VTC

• 1D: 0.14%
• 1M: 0.79%
• YTD: 0.84%
• 6M: 0.89%
• 1Y: 5.12%
• 3Y*: 5.23%
• 5Y*: 0.35%
• 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)

VTC vs. FFUT - Yearly Performance Comparison

	2026 (YTD)	2025
VTC Vanguard Total Corporate Bond ETF	0.84%	4.74%
FFUT Fidelity Managed Futures ETF	8.83%	8.58%

Correlation

The correlation between VTC and FFUT is -0.27, 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 (1Y) Calculated over the trailing 1-year period	-0.27
Correlation (All Time) Calculated using the full available price history since Jun 5, 2025	-0.28

Return for Risk

VTC vs. FFUT — Risk / Return Rank

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

VTC

VTC Risk / Return Rank: 35
VTC Sharpe Ratio Rank: 34
VTC Sortino Ratio Rank: 35
VTC Omega Ratio Rank: 32
VTC Calmar Ratio Rank: 36
VTC Martin Ratio Rank: 37

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.

VTC vs. FFUT - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Vanguard Total Corporate Bond ETF (VTC) 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.

	VTC	FFUT	Difference
Sharpe ratio: Return per unit of total volatility	1.19	1.68	-0.49
Sortino ratio: Return per unit of downside risk	1.76	2.40	-0.64
Omega ratio: Gain probability vs. loss probability	1.21	1.32	-0.11
Calmar ratio: Return relative to maximum drawdown	1.79	4.35	-2.56
Martin ratio: Return relative to average drawdown	5.54	14.55	-9.01

VTC vs. FFUT - Sharpe Ratio Comparison

The current VTC Sharpe Ratio is 1.19, which is comparable to the FFUT Sharpe Ratio of 1.68. The chart below compares the historical Sharpe Ratios of VTC and FFUT, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

VTC vs. FFUT - Drawdown Comparison

The maximum VTC drawdown since its inception was -22.05%, which is greater than FFUT's maximum drawdown of -4.33%. Use the drawdown chart below to compare losses from any high point for VTC and FFUT.

Drawdown Indicators

	VTC	FFUT	Difference
Max Drawdown Largest peak-to-trough decline	-22.05%	-4.33%	-17.72%
Max Drawdown (1Y) Largest decline over 1 year	-2.88%	-4.33%	+1.45%
Max Drawdown (3Y) Largest decline over 3 years	-6.46%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-22.05%	—	—
Current Drawdown Current decline from peak	-0.74%	-4.33%	+3.59%
Average Drawdown Average peak-to-trough decline	-5.81%	-0.96%	-4.85%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.93%	1.29%	-0.36%

Volatility

VTC vs. FFUT - Volatility Comparison

The current volatility for Vanguard Total Corporate Bond ETF (VTC) is 1.20%, while Fidelity Managed Futures ETF (FFUT) has a volatility of 2.93%. This indicates that VTC experiences smaller price fluctuations and is considered to be less risky than FFUT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	VTC	FFUT	Difference
Volatility (1M) Calculated over the trailing 1-month period	1.20%	2.93%	-1.73%
Volatility (6M) Calculated over the trailing 6-month period	3.31%	8.97%	-5.66%
Volatility (1Y) Calculated over the trailing 1-year period	4.34%	11.22%	-6.88%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	7.08%	11.02%	-3.94%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	7.67%	11.02%	-3.35%

VTC vs. FFUT - Expense Ratio Comparison

VTC has a 0.03% expense ratio, which is lower than FFUT's 0.80% expense ratio.

Dividends

VTC vs. FFUT - Dividend Comparison

VTC's dividend yield for the trailing twelve months is around 4.92%, more than FFUT's 1.92% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017
FFUT Fidelity Managed Futures ETF	1.92%	2.09%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
VTC Vanguard Total Corporate Bond ETF	4.92%	4.76%	4.50%	3.80%	3.13%	2.36%	2.69%	3.34%	3.53%	0.55%

Frequently Asked Questions

Can I hold both VTC and FFUT in my portfolio?

VTC and FFUT have a correlation of -0.27, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, VTC or FFUT?

FFUT has higher volatility (2.93%) compared to VTC (1.20%). In terms of maximum drawdown, VTC dropped -22.05% vs FFUT's -4.33%.

Which ETF is better, VTC or FFUT?

On 1-year performance, FFUT leads with 18.72% vs 5.12% for VTC. On fees, VTC is cheaper at 0.03% per year. On volatility, VTC has been the lower-risk option at 1.20%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, VTC or FFUT?

Over the 1-year period, FFUT has performed better with a 18.72% return vs 5.12%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, VTC or FFUT?

VTC is cheaper with a 0.03% expense ratio, compared with 0.80% for FFUT.

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

VTC has the higher dividend yield at 4.92%, compared with 1.92% for FFUT.

What is the main difference between VTC and FFUT?

VTC is categorized as Corporate Bonds, while FFUT is Systematic Trend. They also come from different issuers: Vanguard and Fidelity. Their fees differ too: 0.03% for VTC and 0.80% for FFUT.

Which has better risk-adjusted returns?

FFUT currently has the higher Sharpe Ratio (1.68 vs 1.19), 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.