Data as of Nov 4, 2026.
FFUT vs RSST: Correlation to the S&P 500
Over the year to Nov 4, 2026, FFUT moved less with the S&P 500 than RSST: correlation +0.09 against +0.85.
askIQ about this page
askIQ about FFUT and RSST
Net assets: $394m on Sep 30, 2026 for Fidelity Managed Futures ETF, and $480m on Jul 31, 2026 for Return Stacked U.S. Stocks & Managed Futures ETF.
FFUT in the 26 weeks SPY fell, year to Nov 4, 2026: SPY averaged −1.07%, FFUT −0.15%.
RSST in the 26 weeks SPY fell, year to Nov 4, 2026: SPY averaged −1.07%, RSST −1.76%.
Pair scorecard
FFUT costs 0.19 points a year less; their one-year returns differ by 6.1 points.
| Measure | FFUT | RSST |
|---|---|---|
| Return | ||
| Total return, 1 year | +17.2% | +23.3% |
| Against its benchmark | ||
| Treasury bills, 52 weeks | +3.7% | |
| Cost and size | ||
| Expense ratio | 0.80% | 0.99% |
| Net assets, FFUT as of Sep 30, 2026 and RSST as of Jul 31, 2026 | $394m | $480m |
| Holdings | ||
| Holdings in common | not published | |
| Risk | ||
| Beta to the S&P 500 | +0.08: about 0.08% for each 1% | +1.45: about 1.45% for each 1% |
| Its average week when the S&P 500 fell | fell 0.15% | fell 1.76% |
How much it diversifies a stock portfolio, ranked against 17 systematic trend alternatives ETFs with a full year. 100 is best. How it is computed
One year of weekly moves against the S&P 500, within one strategy; it ignores what the fund returned. All alternatives ETFs ranked by it →
Risk and return
Jun 13, 2025 to Oct 30, 2026 · 72 weekly returnsFrom Jun 2025 to Oct 2026, RSST returned more: +54.6% to +27.4%. FFUT swung less: 9.3% to 19.9%. FFUT fell less at its worst: −4.2% to −9.8%.
Full scorecard
9 measures, with how each is measured Open ↓
| Measure | FFUT | RSST | Edge | How it is measured |
|---|---|---|---|---|
| Return | ||||
| Total return | +27.4% | +54.6% | RSST | Price change plus distributions, reinvested. |
| Annualized | +19.1% | +37.0% | RSST | Total return as a yearly rate. |
| Price return | +24.7% | +52.9% | RSST | Price change alone, distributions left out. |
| Risk | ||||
| Volatility | 9.3% | 19.9% | FFUT | Spread of weekly returns, annualized. Lower is steadier. |
| Downside deviation | 5.4% | 13.1% | FFUT | Like volatility, counting only weeks below the Treasury bill rate. |
| Max drawdown | −4.2% | −9.8% | FFUT | Deepest fall from a high to the low after it. |
| Risk-adjusted | ||||
| Sharpe | 1.52 | 1.49 | Tie | Return above Treasury bills per unit of volatility. |
| Sortino | 2.61 | 2.26 | FFUT | Return above Treasury bills per unit of downside deviation. |
| Calmar | 4.54 | 3.76 | FFUT | Annualized return divided by the max drawdown. |
Computed by ETFIQ from Tiingo daily prices and ETFIQ's distribution records, 72 weekly returns. Cash rate: the 13-week Treasury bill.
Window by window
| Total return | vs its benchmark | |||
|---|---|---|---|---|
| Window | FFUT | RSST | FFUT | RSST |
| 3 months | +0.9% | +0.9% | not measured | +1.0 pts vs VOO |
| 6 months | +3.2% | +3.0% | not measured | −2.0 pts vs VOO |
| 1 year | +17.2% | +23.3% | not measured | +8.5 pts vs VOO |
| 3 years | – | +80.1% | – | −3.2 pts vs VOO |
| Since launchNot the same days: FFUT Jun 2025 · RSST Sep 2023 | +22.4% | +71.0% | not measured | −8.2 pts vs VOO |
– means no data for this window. Open this comparison in the app →
Side by side
As of Nov 4, 2026. Source: ETFIQ.
One strategy, two funds
FFUT and RSST both run a managed futures strategy. Over the same 52 weeks to Nov 4, 2026, FFUT’s weekly returns had a correlation of +0.09 with the S&P 500 and RSST’s +0.85. In the 26 weeks the index fell, by 1.07% a week on average, FFUT averaged −0.15% and RSST −1.76%. Over the same weeks, FFUT finished 13.4 percentage points ahead of cash and RSST finished 18.9 points ahead of cash.
Client brief:
The two-page PDF for this pair is coming. Save the comparison to follow its changes. Free. It needs an email sign-in, once.
FFUT
FFUT is a managed futures fund. ETFIQ measures what every alternatives fund is sold on: whether it moves differently from the stock market. Over the year to Nov 4, 2026, its weekly returns had a correlation of +0.09 with the S&P 500’s and a beta of +0.08, so for each 1% the index moved it moved about 0.08% the same way. The S&P 500 fell in 26 of those 52 weeks, by 1.07% on average. In the same weeks FFUT fell 0.15% on average, a down-week capture of 13.6%. Over the same 52 weeks FFUT returned +17.0% and a Treasury bill fund +3.7%, so it finished 13.4 percentage points ahead of cash.
RSST
RSST is a managed futures fund. Over the year to Nov 4, 2026, its weekly returns had a correlation of +0.85 with the S&P 500’s and a beta of +1.45, so for each 1% the index moved it moved about 1.45% the same way. In the same weeks RSST fell 1.76% on average, a down-week capture of 164.8%. Over the same 52 weeks RSST returned +22.5% and a Treasury bill fund +3.7%, so it finished 18.9 percentage points ahead of cash.
Questions people ask
- Which moved less with the S&P 500, FFUT or RSST?
- Over the 52 weeks to Nov 4, 2026, FFUT’s weekly returns had a correlation of +0.09 with the S&P 500 and RSST’s +0.85, so FFUT moved less with the index.
- Which did better when the S&P 500 fell, FFUT or RSST?
- In the 26 weeks the S&P 500 fell, by 1.07% a week on average, FFUT averaged −0.15% and RSST −1.76%, so FFUT returned more in those weeks.
Links are sources, not endorsements. A comparison is not a recommendation.
How this is computed
It is a place in a set, not a rating or a recommendation.
Every number is an ETFIQ calculation with distributions reinvested.
Cite this pageCitation, APA and Markdown
ETFIQ, FFUT against RSST, data as of Nov 4, 2026. https://etfiq.com/compare/alternatives/ffut-vs-rsst
ETFIQ. (Nov 4, 2026). FFUT against RSST. Retrieved from https://etfiq.com/compare/alternatives/ffut-vs-rsst
[FFUT against RSST (ETFIQ, Nov 4, 2026)](https://etfiq.com/compare/alternatives/ffut-vs-rsst)
Free to use with attribution for data ETFIQ computes; issuer data stays under its owner's terms.