{"url":"https://etfiq.com/compare/alternatives/mfut-vs-prae","section":"compare","title":"MFUT vs PRAE: Correlation to the S&P 500 | ETFIQ","description":"MFUT and PRAE both run managed futures strategies. Over the year to Nov 4, 2026, MFUT had a correlation of +0.54 with the S&P 500 and PRAE +0.79.","as_of":"Nov 4, 2026","structured_data":[{"@type":"FAQPage","mainEntity":[{"@type":"Question","name":"Which moved less with the S&P 500, MFUT or PRAE?","acceptedAnswer":{"@type":"Answer","text":"Over the 52 weeks to Nov 4, 2026, MFUT\u2019s weekly returns had a correlation of +0.54 with the S&P 500 and PRAE\u2019s +0.79, so MFUT moved less with the index."}},{"@type":"Question","name":"Which did better when the S&P 500 fell, MFUT or PRAE?","acceptedAnswer":{"@type":"Answer","text":"In the 26 weeks the S&P 500 fell, by 1.07% a week on average, MFUT averaged \u22120.96% and PRAE \u22121.29%, so MFUT returned more in those weeks."}},{"@type":"Question","name":"Which earned more than cash, MFUT or PRAE?","acceptedAnswer":{"@type":"Answer","text":"Over the same weeks, MFUT finished 19.1 percentage points ahead of cash and PRAE finished 9.5 percentage points ahead of cash. Cash here is BIL, a fund of Treasury bills."}},{"@type":"Question","name":"Which is cheaper, MFUT or PRAE?","acceptedAnswer":{"@type":"Answer","text":"MFUT charges 0.89% a year and PRAE charges 1.49%, so MFUT is cheaper. Fees come from each fund's prospectus."}}]},{"@type":"BreadcrumbList","itemListElement":[{"@type":"ListItem","position":1,"name":"ETFIQ","item":"https://etfiq.com/"},{"@type":"ListItem","position":2,"name":"Alternatives ETFs","item":"https://etfiq.com/alternatives/"},{"@type":"ListItem","position":3,"name":"Compare ETFs","item":"https://etfiq.com/compare/"},{"@type":"ListItem","position":4,"name":"MFUT vs PRAE","item":"https://etfiq.com/compare/alternatives/mfut-vs-prae"}]},{"@type":"WebPage","name":"MFUT vs PRAE: Correlation to the S&P 500","description":"MFUT and PRAE both run managed futures strategies. Over the year to Nov 4, 2026, MFUT had a correlation of +0.54 with the S&P 500 and PRAE +0.79.","url":"https://etfiq.com/compare/alternatives/mfut-vs-prae","dateModified":"2026-11-04","abstract":"Over the year to Nov 4, 2026, MFUT moved less with the S&P 500 than PRAE: correlation +0.54 against +0.79.","publisher":{"@id":"https://etfiq.com/#org"},"isPartOf":{"@id":"https://etfiq.com/#website"},"speakable":{"@type":"SpeakableSpecification","cssSelector":[".verdict",".faq"]}},{"@type":"Dataset","name":"ETFIQ comparison of MFUT and PRAE","description":"MFUT and PRAE both run managed futures strategies. Over the year to Nov 4, 2026, MFUT had a correlation of +0.54 with the S&P 500 and PRAE +0.79.","dateModified":"2026-11-04","creator":{"@id":"https://etfiq.com/#org"},"isAccessibleForFree":true,"url":"https://etfiq.com/compare/alternatives/mfut-vs-prae","license":"https://etfiq.com/license/","publisher":{"@id":"https://etfiq.com/#org"},"inLanguage":"en","creativeWorkStatus":"Published","distribution":[{"@type":"DataDownload","encodingFormat":"application/json","contentUrl":"https://etfiq.com/data/alternatives.json"}],"variableMeasured":["Correlation with the S&P 500","Beta to the S&P 500","Down-week capture","Average week when the S&P 500 fell","Return against T-bills","Total return","Strategy","Expense ratio"],"keywords":["exchange-traded funds","ETF","Alternatives ETFs","fund data","SEC filings"]}],"characters":6781,"truncated":true,"content":"ETFIQ / Alternatives ETFs / Compare ETFs / MFUT vs PRAE \n ETFIQ etfiq.com \u00b7 independent ETF data \n\n Data as of Nov 4, 2026 .\n\n MFUT vs PRAE: Correlation to the S&P 500\n\n Over the year to Nov 4, 2026, MFUT moved less with the S&P 500 than PRAE: correlation +0.54 against +0.79.\n Copy this for sharing \n \n MFUT costs 0.60 points a year less; their one-year returns differ by 9.5 points; MFUT is 3.3 times larger.\n MFUT and PRAE at a glance. As of Nov 4, 2026. Source: ETFIQ. MFUT PRAE \n Expense ratio 0.89% 1.49% \n Net assets, as of Jun 30, 2026 $39m $12m \n Total return, 1 year +22.8% +13.3% \n Holding","source":"ETFIQ, independent ETF data. Recomputed nightly from public filings and prices.","publisher":{"@id":"https://etfiq.com/#org","name":"ETFIQ","url":"https://etfiq.com"},"license":"https://etfiq.com/license/","license_text":"Data ETFIQ computes is free to use with attribution: ETFIQ (etfiq.com). Issuer data stays under its owner's terms.","citation":"ETFIQ, MFUT against PRAE, data as of Nov 4, 2026. https://etfiq.com/compare/alternatives/mfut-vs-prae","a":{"ticker":"MFUT","name":"Cambria Chesapeake Pure Trend ETF","issuer":"Cambria","desk":"alternatives","as_of":"2026-11-04","verdict":"Over the year to Nov 4, 2026, MFUT returned 22.8%. When the S&P 500 fell, it fell 90% as much.","url":"https://etfiq.com/funds/mfut","key_facts":[{"label":"Correlation with the S&P 500","value":"+0.54","as_of":"2026-11-04","source":"computed by ETFIQ from Tiingo daily prices"},{"label":"Beta to the S&P 500","value":"+0.74","as_of":"2026-11-04","source":"computed by ETFIQ from Tiingo daily prices"},{"label":"Down-week capture","value":"89.9%","as_of":"2026-11-04","source":"computed by ETFIQ from Tiingo daily prices"},{"label":"Against T-bills, 52 weeks","value":"+19.1 pts","as_of":"2026-11-04","source":"computed by ETFIQ from Tiingo daily prices"},{"label":"Last payment, ex-date Dec 5, 2024","value":"$0.0545","as_of":"2024-12-05","source":"Tiingo end-of-day distributions"},{"label":"Net assets","value":"$39m","as_of":"2026-06-30","source":"SEC N-PORT, whole fund, as filed for Jun 30, 2026"},{"label":"Expense ratio","value":"0.89%","as_of":"2026-10-26","source":"485BPOS XBRL, Oct 26, 2026"}]},"b":{"ticker":"PRAE","name":"PlanRock Equity Plus Alternatives ETF","issuer":"PlanRock","desk":"alternatives","as_of":"2026-11-04","verdict":"Over the year to Nov 4, 2026, PRAE returned 13.3%. When the S&P 500 fell, it fell 1.2 times as much.","url":"https://etfiq.com/funds/prae","key_facts":[{"label":"Correlation with the S&P 500","value":"+0.79","as_of":"2026-11-04","source":"computed by ETFIQ from Tiingo daily prices"},{"label":"Beta to the S&P 500","value":"+0.95","as_of":"2026-11-04","source":"computed by ETFIQ from Tiingo daily prices"},{"label":"Down-week capture","value":"120.0%","as_of":"2026-11-04","source":"computed by ETFIQ from Tiingo daily prices"},{"label":"Against T-bills, 52 weeks","value":"+9.5 pts","as_of":"2026-11-04","source":"computed by ETFIQ from Tiingo daily prices"},{"label":"12-month yield, capital gains included, on its starting price","value":"0.5%","as_of":"2026-11-04","source":"computed by ETFIQ from Tiingo daily prices and distributions"},{"label":"Last payment (paid annually), ex-date Jul 2, 2026","value":"$0.0711","as_of":"2026-07-02","source":"Tiingo end-of-day distributions"},{"label":"Net assets","value":"$12m","as_of":"2026-06-30","source":"SEC N-PORT, whole fund, as filed for Jun 30, 2026"},{"label":"Expense ratio","value":"1.49%","as_of":"2026-01-28","source":"485BPOS XBRL, Jan 28, 2026"}]},"overlap_pct":null,"overlap_note":"ETFIQ does not publish a holdings overlap for this pair. Either the funds are not compared on holdings, or one book is incomplete.","full_text_at":"https://etfiq.com/compare/alternatives/mfut-vs-prae"}