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FMF vs IMF

First Trust Managed Futures Strategy Fund vs Invesco Managed Futures Strategy ETF

FMF

First Trust Managed Futures Strategy Fund

First Trust

Annual cost

0.98%

Fund size

$266M

IMF

Invesco Managed Futures Strategy ETF

Invesco

Annual cost

0.65%

Fund size

$301M

Key differences

  • IMF costs 0.33% less per year.
  • FMF has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

FMFIMF
Annual cost (TER)0.98%0.65%
Fund size (AUM)$266M$301M
Since20132025
Dividend yield5.00%0.89%
Asset classalternativealternative
Region
Strategymanaged futuresmanaged futures
CAGR 1Y+21.0%+19.7%
CAGR 3Y+6.9%N/A
CAGR 5Y+4.6%N/A
Sharpe 3Y0.41N/A
Volatility 1Y9.65%10.46%
Max drawdown-16.89%-15.10%

Green dot indicates the better value for that metric. Performance data is historical and does not predict future results.

Similar to FMF and IMF