WTMF vs. FFUT

Last updated Aug 2, 2026

WTMF (WisdomTree Managed Futures Strategy Fund) and FFUT (Fidelity Managed Futures ETF) are both Systematic Trend funds. WTMF is passively managed, while FFUT is actively managed. Over the past year, WTMF returned 18.77% vs 23.75% for FFUT. Their 0.23 correlation means their historical movements had little consistent relationship. WTMF charges 0.65%/yr vs 0.80%/yr for FFUT.

Performance

WTMF vs. FFUT - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in WisdomTree Managed Futures Strategy Fund (WTMF) 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, WTMF achieves a 8.10% return, which is significantly lower than FFUT's 13.58% return.

WTMF

• 1D: -0.05%
• 1M: 0.96%
• 6M: 8.70%
• YTD: 8.10%
• 1Y: 18.77%
• 3Y*: 9.32%
• 5Y*: 6.09%
• 10Y*: 3.47%
• ALL TIME*: 1.16%

FFUT

• 1D: -0.23%
• 1M: 5.46%
• 6M: 9.55%
• YTD: 13.58%
• 1Y: 23.75%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: 19.94%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
FFUT Fidelity Managed Futures ETF	$7.77M	$4.00M	$2.01M
WTMF WisdomTree Managed Futures Strategy Fund	$1.17M	$1.17M	$1.11M

WTMF vs. FFUT - Yearly Performance Comparison

	2026 (YTD)	2025
WTMF WisdomTree Managed Futures Strategy Fund	8.10%	12.83%
FFUT Fidelity Managed Futures ETF	13.58%	8.58%

Correlation

The correlation between WTMF and FFUT is 0.21, which is low. Their historical price movements had little consistent relationship.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.21
Correlation (All Time) Calculated using the full available price history since Jun 5, 2025	0.23

Return for Risk

WTMF vs. FFUT — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

WTMF

WTMF Risk / Return Rank: 87
WTMF Sharpe Ratio Rank: 84
WTMF Sortino Ratio Rank: 82
WTMF Omega Ratio Rank: 85
WTMF Calmar Ratio Rank: 93
WTMF Martin Ratio Rank: 93

FFUT

FFUT Risk / Return Rank: 88
FFUT Sharpe Ratio Rank: 86
FFUT Sortino Ratio Rank: 86
FFUT Omega Ratio Rank: 87
FFUT Calmar Ratio Rank: 92
FFUT Martin Ratio Rank: 90

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

WTMF vs. FFUT - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for WisdomTree Managed Futures Strategy Fund (WTMF) 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.

	WTMF	FFUT	Difference
Sharpe ratio: Return per unit of total volatility	1.94	2.02	-0.09
Sortino ratio: Return per unit of downside risk	2.65	2.85	-0.20
Omega ratio: Gain probability vs. loss probability	1.37	1.38	-0.02
Calmar ratio: Return relative to maximum drawdown	4.38	4.20	+0.18
Martin ratio: Return relative to average drawdown	16.87	14.36	+2.51

WTMF vs. FFUT - Sharpe Ratio Comparison

The current WTMF Sharpe Ratio is 1.94, which is comparable to the FFUT Sharpe Ratio of 2.02. The chart below compares the historical Sharpe Ratios of WTMF 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

WTMF vs. FFUT - Drawdown Comparison

The maximum WTMF drawdown since its inception was -30.79%, which is greater than FFUT's maximum drawdown of -5.59%. Use the drawdown chart below to compare losses from any high point for WTMF and FFUT.

Drawdown Indicators

	WTMF	FFUT	Difference
Max Drawdown Largest peak-to-trough decline	-30.79%	-5.59%	-25.20%
Max Drawdown (1Y) Largest decline over 1 year	-4.04%	-5.59%	+1.55%
Max Drawdown (3Y) Largest decline over 3 years	-9.93%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-13.21%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-14.83%	—	—
Current Drawdown Current decline from peak	-0.87%	-1.43%	+0.56%
Average Drawdown Average peak-to-trough decline	-17.53%	-1.11%	-16.42%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.05%	1.63%	-0.58%

Volatility

WTMF vs. FFUT - Volatility Comparison

The current volatility for WisdomTree Managed Futures Strategy Fund (WTMF) is 2.19%, while Fidelity Managed Futures ETF (FFUT) has a volatility of 3.61%. This indicates that WTMF 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

	WTMF	FFUT	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.19%	3.61%	-1.42%
Volatility (6M) Calculated over the trailing 6-month period	7.17%	9.27%	-2.10%
Volatility (1Y) Calculated over the trailing 1-year period	9.13%	11.67%	-2.54%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	9.37%	11.09%	-1.72%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	8.12%	11.09%	-2.97%

WTMF vs. FFUT - Expense Ratio Comparison

WTMF has a 0.65% expense ratio, which is lower than FFUT's 0.80% expense ratio.

Dividends

WTMF vs. FFUT - Dividend Comparison

WTMF's dividend yield for the trailing twelve months is around 2.82%, more than FFUT's 1.84% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018
FFUT Fidelity Managed Futures ETF	1.84%	2.09%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
WTMF WisdomTree Managed Futures Strategy Fund	2.82%	3.04%	3.57%	4.74%	5.29%	14.71%	0.47%	1.63%	3.59%

Frequently Asked Questions

Can I hold both WTMF and FFUT in my portfolio?

WTMF and FFUT have a correlation of 0.21, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, WTMF or FFUT?

FFUT has higher volatility (3.61%) compared to WTMF (2.19%). In terms of maximum drawdown, WTMF dropped -30.79% vs FFUT's -5.59%.

Which ETF is better, WTMF or FFUT?

On 1-year performance, FFUT leads with 23.75% vs 18.77% for WTMF. On fees, WTMF is cheaper at 0.65% per year. On volatility, WTMF has been the lower-risk option at 2.19%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, WTMF or FFUT?

Over the 1-year period, FFUT has performed better with a 23.75% return vs 18.77%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, WTMF or FFUT?

WTMF is cheaper with a 0.65% expense ratio, compared with 0.80% for FFUT.

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

WTMF has the higher dividend yield at 2.82%, compared with 1.84% for FFUT.

What is the main difference between WTMF and FFUT?

They also come from different issuers: WisdomTree and Fidelity. Their fees differ too: 0.65% for WTMF and 0.80% for FFUT.

Which has better risk-adjusted returns?

FFUT currently has the higher Sharpe Ratio (2.02 vs 1.94), 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.