Data as of Nov 4, 2026.

vsCompare their flowsaskIQ about these two fundsAsk the committee about these two funds
Across categories

FFUT vs VOO: Differences, Returns & Fees

Share
Share on XDownload as PDF

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

askIQ about this page

askIQ about FFUT and VOO

Net assets: $394m on Sep 30, 2026 for Fidelity Managed Futures ETF, and $1.0tn on Oct 31, 2026 for Vanguard S&P 500 ETF.

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

Pair scorecard

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

FFUT vs VOO: Differences, Returns & Fees
MeasureFFUTVOO
Return
Total return, 1 year+17.2%+14.8%
Total return, 52 weeks+17.0%
Against its benchmark
What it tracksnot publishedS&P 500 Index
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 VOO as of Oct 31, 2026$394m$1.0tn
Holdings
Holdings in commonnot published
In the S&P 500, by weight100%
Top ten holdings, share of the fund39.1%
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 VOO
Return
Total return edge VOO (slight) +27.4% +28.8%
Annualized edge VOO (slight) +19.1% +20.1%
Price return edge VOO (slight) +24.7% +26.6%
Risk
Volatility edge FFUT 9.3% 11.6%
Max drawdown edge FFUT −4.2% −8.4%
Risk-adjusted
Sharpe edge FFUT 1.52 1.30
Sortino edge FFUT 2.61 2.25
Calmar edge FFUT 4.54 2.40
Reading

From Jun 2025 to Oct 2026, VOO returned slightly more: +28.8% to +27.4%. FFUT swung less: 9.3% to 11.6%. FFUT fell less at its worst: −4.2% to −8.4%.

Full scorecard

9 measures, with how each is measured
Open ↓
Risk and return: FFUT vs VOO: Differences, Returns & Fees
MeasureFFUTVOOEdgeHow it is measured
Return
Total return+27.4%+28.8%VOO (slight)Price change plus distributions, reinvested.
Annualized+19.1%+20.1%VOO (slight)Total return as a yearly rate.
Price return+24.7%+26.6%VOO (slight)Price change alone, distributions left out.
Risk
Volatility9.3%11.6%FFUTSpread of weekly returns, annualized. Lower is steadier.
Downside deviation5.4%6.7%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
Sharpe1.521.30FFUTReturn above Treasury bills per unit of volatility.
Sortino2.612.25FFUTReturn 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 VOO Vanguard 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% (IVV)
Gap to its benchmark not measured 0.0 pts vs IVV
Expense ratio 0.80% 0.03%
Holdings not read by ETFIQ 505
Net assets, FFUT as of Sep 30, 2026 and VOO as of Oct 31, 2026 $394m $1.0tn

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

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.

Your saved page · Privacy.

Alert

The week's ETF fund flows, by email on Sundays.

One-click unsubscribe. See Privacy.

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.

VOO

VOO 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 Index. The prospectus expense ratio is 0.03% a year. By its holdings published by its issuer as of Sep 30, 2026, 100% of the fund by weight is stocks the S&P 500 also holds, across 505 positions, with the top ten at 39.1%.

Questions people ask

Are FFUT and VOO in the same category?
FFUT is an alternatives ETF and VOO 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 VOO?
In the year to Nov 4, 2026, with distributions reinvested, FFUT returned +17.2% and VOO +14.8%.
Which is cheaper, FFUT or VOO?
VOO 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.
Other comparisons
Cite this pageCitation, APA and Markdown

ETFIQ, FFUT against VOO, data as of Nov 4, 2026. https://etfiq.com/compare/any/ffut-vs-voo

Open data →

Free to use with attribution for data ETFIQ computes; issuer data stays under its owner's terms.