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FOXY vs ISMF

Simplify Currency Strategy ETF vs iShares Managed Futures Active ETF

FOXY

Simplify Currency Strategy ETF

Annual cost

0.81%

Fund size

$312M

ISMF

iShares Managed Futures Active ETF

Annual cost

0.80%

Fund size

$59M

Key differences

FOXY is a currency ETF, while ISMF is an alternative ETF. FOXY charges 0.81% a year and ISMF 0.80%.

  • FOXY is a currency fund, while ISMF is an alternative fund. They carry different risk/return profiles.
  • FOXY follows a tactical allocation strategy; ISMF uses managed futures.
  • FOXY is much larger than ISMF. Larger funds are usually more liquid and less likely to close.

Side-by-side comparison

FOXYISMF
Annual cost (TER)0.81%0.80%
Fund size (AUM)$312M$59M
Since20252025
Dividend yield8.23%2.49%
Asset classcurrencyalternative
Regionglobal
Strategytactical allocationmanaged futures
CAGR 1Y+22.4%+20.7%
CAGR 3YN/AN/A
CAGR 5YN/AN/A
Sharpe 3YN/AN/A
Volatility 1Y9.86%7.99%
Max drawdown-13.09%-4.23%

Similar to FOXY and ISMF