FMF vs IMF
First Trust Managed Futures Strategy Fund against Invesco Managed Futures Strategy ETF: cost, size, returns, what they hold and how much of it is the same.
Fee gap
33 bp
IMF is cheaper
1-year return gap
12.5 pts
IMF is ahead
Larger fund
IMF
$301M
Side by side
| FMF | IMF | |
|---|---|---|
| Fund | First Trust Managed Futures Strategy Fund | Invesco Managed Futures Strategy ETF |
| Issuer | First Trust | Invesco |
| Category | Managed Futures | Managed Futures |
| Expense ratio | 0.98% | 0.65% |
| Assets | $292M | $301M |
| Average daily dollar volume | $1.7M | $356K |
| Listed | Aug 1, 2013 | Mar 17, 2025 |
| FrenzyCap score | 35 | 48 |
| 1-month return | −0.8% | −0.8% |
| 3-month return | +3.0% | +1.9% |
| Year to date | +10.3% | +15.8% |
| 1-year return | +4.9% | +17.3% |
| 30-day volatility | 9.4% | 7.3% |
| Worst drawdown, 1 year | −5.5% | −4.5% |
| Trailing 12-month yield | 4.79% | 0.87% |
| Holdings | 78 | 53 |
| Top 10 weight | 47.7% | 4.8% |
| Look-through P/E | — | — |
| Holdings vs fair value | — | — |
| Holdings above 200-day average | — | — |
| Net flow, latest 3 reported months | +$23M thru Jun 2026 | +$19M thru Jul 2026 |
| 30-day implied volatility | — | — |
| Holdings as of | as of Oct 20, 2026issuer data | as of Apr 30, 2026SEC filing |
Returns are price returns and exclude distributions. Flows are each fund's own latest reported months and may not cover the same period.
More: full overlap table · FMF holdings · IMF holdings
Fund data comes from each fund's SEC filings and issuer disclosures and is shown with the date it is as of. SEC portfolio and flow filings become public about 60 days after the period they cover. Nothing here is investment advice; see Terms.