Screener
USE vs FMF
USCF Energy Commodity Strategy Absolute Return Fund vs First Trust Managed Futures Strategy Fund
Key differences
Both USE and FMF are alternative ETFs. USE charges 0.79% a year and FMF 0.98%. The main difference: USE follows a multi strategy strategy; FMF uses managed futures.
- USE follows a multi strategy strategy; FMF uses managed futures.
- USE costs 0.19% less per year.
- FMF is much larger than USE. Larger funds are usually more liquid and less likely to close.
- Over the last three years, USE has delivered higher annualized returns.
- FMF has a longer track record, which may reduce uncertainty around long-term behavior.
Side-by-side comparison
| USE | FMF | |
|---|---|---|
| Annual cost (TER) | 0.79% | 0.98% |
| Fund size (AUM) | $2M | $260M |
| Since | 2023 | 2013 |
| Dividend yield | 2.21% | 5.01% |
| Asset class | alternative | alternative |
| Region | — | — |
| Strategy | multi strategy | managed futures |
| CAGR 1Y | +34.1% | +19.6% |
| CAGR 3Y | +17.5% | +6.5% |
| CAGR 5Y | N/A | +4.3% |
| Sharpe 3Y | 0.60 | 0.36 |
| Volatility 1Y | 31.73% | 9.76% |
| Max drawdown | -26.24% | -16.89% |
Similar to USE and FMF
Explore further