Screener
IMF vs FENI
Invesco Managed Futures Strategy ETF vs Fidelity Enhanced International ETF
Key differences
IMF is an alternative ETF, while FENI is an equity ETF. IMF charges 0.65% a year and FENI 0.28%.
- IMF is an alternative fund, while FENI is an equity fund. They carry different risk/return profiles.
- IMF follows a managed futures strategy; FENI uses active selection.
- FENI costs 0.37% less per year.
- FENI is much larger than IMF. 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
| IMF | FENI | |
|---|---|---|
| Annual cost (TER) | 0.65% | 0.28% |
| Fund size (AUM) | $304M | $9.8B |
| Since | 2025 | 2007 |
| Dividend yield | 0.89% | 2.85% |
| Asset class | alternative | equity |
| Region | — | global ex us |
| Strategy | managed futures | active selection |
| CAGR 1Y | +18.0% | +26.1% |
| CAGR 3Y | N/A | N/A |
| CAGR 5Y | N/A | N/A |
| Sharpe 3Y | N/A | N/A |
| Volatility 1Y | 10.60% | 16.16% |
| Max drawdown | -15.10% | -14.20% |
Beyond the comparison: Beacon helps you build, track, and project a portfolio with the ETFs you pick.