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PIT vs FMF

VanEck Commodity Strategy ETF vs First Trust Managed Futures Strategy Fund

PIT

VanEck Commodity Strategy ETF

VanEck

Annual cost

0.55%

Fund size

$240M

FMF

First Trust Managed Futures Strategy Fund

First Trust

Annual cost

0.98%

Fund size

$266M

Key differences

  • PIT costs 0.43% less per year.
  • PIT is classified as commodity, while FMF is alternative — different risk/return profiles.
  • Over the last 3 years, PIT has delivered higher annualized returns.
  • FMF has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

PITFMF
Annual cost (TER)0.55%0.98%
Fund size (AUM)$240M$266M
Since20222013
Dividend yield6.17%5.00%
Asset classcommodityalternative
Region
Strategymanaged futures
CAGR 1Y+58.8%+20.2%
CAGR 3Y+23.1%+6.7%
CAGR 5YN/A+4.6%
Sharpe 3Y1.070.40
Volatility 1Y21.44%9.64%
Max drawdown-12.27%-16.89%

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

Similar to PIT and FMF