Data as of Nov 4, 2026.

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FFUT vs IVV: Differences, Returns & Fees

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Over the year to Nov 4, 2026, FFUT returned +17.2% to IVV's +14.8%, and IVV charges 0.03% to FFUT's 0.80%.

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Net assets: $394m on Sep 30, 2026 for Fidelity Managed Futures ETF, and $872.0bn on Nov 3, 2026 for iShares Core S&P 500 ETF.

At a glance
+17.2%
FFUT total return, 1 year
+14.8%
IVV total return, 1 year
0.80%
FFUT expense ratio
0.03%
IVV expense ratio

Pair scorecard

IVV costs 0.77 points a year less; their one-year returns differ by 2.4 points.

FFUT vs IVV: Differences, Returns & Fees
MeasureFFUTIVV
Return
Total return, 1 year+17.2%+14.8%
Total return, 52 weeks+17.0%
Against its benchmark
What it tracksnot publishedS&P 500
Treasury bills, 52 weeks+3.7%
Against cash13.4 points ahead
Cost and size
Expense ratio0.80%0.03%
Net assets, FFUT as of Sep 30, 2026 and IVV as of Nov 3, 2026$394m$872.0bn
Holdings
Holdings in commonnot published
In the S&P 500, by weight100%
Top ten holdings, share of the fund37.3%
Risk
Correlation with the S&P 500’s weekly returns+0.09
Beta to the S&P 500+0.08: about 0.08% for each 1%
Its average week when the S&P 500 fellfell 0.15%
Down-week capture13.6%
Weeks the S&P 500 fell26 of 52, by 1.07% on average

Method

Risk and return

Jun 13, 2025 to Oct 30, 2026 · 72 weekly returns
FFUT IVV
Return
Total return edge IVV (slight) +27.4% +28.9%
Annualized edge IVV (slight) +19.1% +20.1%
Price return edge IVV (slight) +24.7% +26.6%
Risk
Volatility edge FFUT 9.3% 11.7%
Max drawdown edge FFUT −4.2% −8.4%
Risk-adjusted
Sharpe edge FFUT 1.52 1.29
Sortino edge FFUT 2.61 2.22
Calmar edge FFUT 4.54 2.40
Reading

From Jun 2025 to Oct 2026, IVV returned slightly more: +28.9% to +27.4%. FFUT swung less: 9.3% to 11.7%. FFUT fell less at its worst: −4.2% to −8.4%.

Full scorecard

9 measures, with how each is measured
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Risk and return: FFUT vs IVV: Differences, Returns & Fees
MeasureFFUTIVVEdgeHow it is measured
Return
Total return+27.4%+28.9%IVV (slight)Price change plus distributions, reinvested.
Annualized+19.1%+20.1%IVV (slight)Total return as a yearly rate.
Price return+24.7%+26.6%IVV (slight)Price change alone, distributions left out.
Risk
Volatility9.3%11.7%FFUTSpread of weekly returns, annualized. Lower is steadier.
Downside deviation5.4%6.8%FFUTLike volatility, counting only weeks below the Treasury bill rate.
Max drawdown−4.2%−8.4%FFUTDeepest fall from a high to the low after it.
Risk-adjusted
Sharpe1.521.29FFUTReturn above Treasury bills per unit of volatility.
Sortino2.612.22FFUTReturn above Treasury bills per unit of downside deviation.
Calmar4.542.40FFUTAnnualized 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.

Side by side

FFUT Fidelity Managed Futures ETF IVV iShares Core S&P 500 ETF
Where it sits Alternatives ETF Stock ETF
What it is Managed futures Tracks the S&P 500
Total return, 1 year +17.2% +14.8%
Its benchmark over the same days not measured +14.8% (SPY)
Gap to its benchmark not measured 0.0 pts vs SPY
Expense ratio 0.80% 0.03%
Holdings not read by ETFIQ 505
Net assets, FFUT as of Sep 30, 2026 and IVV as of Nov 3, 2026 $394m $872.0bn

FFUT and IVV on the fields both publish, as of Nov 4, 2026. Source: ETFIQ.

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About each fund
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.

IVV

IVV tracks the S&P 500. Over the year to Nov 4, 2026 it returned +14.8% with distributions reinvested, against +14.8% for its benchmark, the S&P 500. The prospectus expense ratio is 0.03% a year. By its holdings published by its issuer for Nov 3, 2026, 100% of the fund by weight is stocks the S&P 500 also holds, across 505 positions, with the top ten at 37.3%.

Questions people ask

Are FFUT and IVV in the same category?
FFUT is an alternatives ETF and IVV is a stock ETF, so they do different jobs. The table compares what both publish: return, cost and holdings.
Which returned more over the last year, FFUT or IVV?
In the year to Nov 4, 2026, with distributions reinvested, FFUT returned +17.2% and IVV +14.8%.
Which is cheaper, FFUT or IVV?
IVV is cheaper, by 0.77 percentage points a year. That is about $77 on $10,000 held for a year. Fees come from each fund's prospectus.
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ETFIQ, FFUT against IVV, data as of Nov 4, 2026. https://etfiq.com/compare/any/ffut-vs-ivv

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