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FENI vs FFUT

Fidelity Enhanced International ETF vs Fidelity Managed Futures ETF

FENI

Fidelity Enhanced International ETF

Annual cost

0.28%

Fund size

$9.8B

FFUT

Fidelity Managed Futures ETF

Annual cost

0.80%

Fund size

$255M

Key differences

FENI is an equity ETF, while FFUT is an alternative ETF. FENI charges 0.28% a year and FFUT 0.80%.

  • FENI is an equity fund, while FFUT is an alternative fund. They carry different risk/return profiles.
  • FENI follows a active selection strategy; FFUT uses managed futures.
  • FENI costs 0.52% less per year.
  • FENI is much larger than FFUT. Larger funds are usually more liquid and less likely to close.
  • FENI has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

FENIFFUT
Annual cost (TER)0.28%0.80%
Fund size (AUM)$9.8B$255M
Since20072025
Dividend yield2.85%
Asset classequityalternative
Regionglobal ex us
Strategyactive selectionmanaged futures
CAGR 1Y+26.1%+20.2%
CAGR 3YN/AN/A
CAGR 5YN/AN/A
Sharpe 3YN/AN/A
Volatility 1Y16.16%11.11%
Max drawdown-14.20%-2.84%

Beyond the comparison: Beacon helps you build, track, and project a portfolio with the ETFs you pick.

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