# DBMF (iMGP DBi Managed Futures Strategy ETF)

iMGP · Alternatives ETFs · data as of Oct 28, 2026

Promise check: Not measured. Its strategy, systematic trend, states no objective ETFIQ can measure. https://etfiq.com/promise-index/alternatives/

Over the year to Oct 28, 2026, DBMF returned 22.1%. When the S&P 500 fell, it fell 19% as much.

## Key facts

- DBMF, correlation with the S&P 500: +0.26, as of Oct 28, 2026.
- DBMF, beta to the S&P 500: +0.21, as of Oct 28, 2026.
- DBMF, down-week capture: 19.1%, as of Oct 28, 2026.
- DBMF, against T-bills, 52 weeks: +18.8 pts, as of Oct 28, 2026.
- DBMF, 12-month yield, capital gains included, on its starting price: 5.6%, as of Oct 28, 2026.
- DBMF, last payment (paid quarterly), ex-date Sep 29, 2026: $0.1456, as of Sep 29, 2026.
- DBMF, net assets: $5.2bn (issuer page, as of Oct 27, 2026).
- DBMF, expense ratio: 0.85% (485BPOS XBRL, Apr 30, 2026).

## DBMF over each window to Oct 28, 2026

| Window | Total return | S&P 500 (SPY) |
| --- | --- | --- |
| 1 month | +1.4% | +0.9% |
| 3 months | +6.6% | +6.1% |
| 6 months | +6.8% | +9.1% |
| Year to date | +18.9% | +14.1% |
| 1 year | +22.1% | +13.6% |
| 3 years | +34.1% | +95.0% |
| 5 years | +57.4% | +79.8% |
| Since launch | +101.7% | +199.9% |
| Since launch, annualised | +9.8% | – |

## DBMF key stats

- 52-week high, daily closes to Oct 28, 2026: $33.31 on Oct 12, 2026 (computed by ETFIQ from Tiingo daily prices)
- 52-week low, daily closes to Oct 28, 2026: $28.04 on Nov 4, 2025 (computed by ETFIQ from Tiingo daily prices)
- Close on Oct 28, 2026, within that range: $32.93, 93% of the way from the low to the high (computed by ETFIQ from Tiingo daily prices)

## DBMF trading

- Not scored.
- The full trading page: https://etfiq.com/funds/dbmf/trading/

## Every published field

| Field | Value | Source |
| --- | --- | --- |
| Issuer | iMGP | ETFIQ |
| Strategy | Managed futures | ETFIQ, from its prospectus |
| Expense ratio | 0.85% | 485BPOS XBRL, Apr 30, 2026 |
| Net assets | $5.2bn | issuer page, as of Oct 27, 2026 |
| Index its prospectus names | Bloomberg US Aggregate Bond Index; no other fund tracks it | ETFIQ |
| Weeks measured | 52, from Oct 29, 2025 to Oct 28, 2026 | ETFIQ |
| Weeks the S&P 500 fell | 26 | ETFIQ |
| The S&P 500 in those weeks, on average | −1.10% | ETFIQ |
| DBMF in those weeks, on average | −0.21% | ETFIQ |
| DBMF total return over those weeks | +22.5% | ETFIQ |
| T-bills | +3.6% | ETFIQ |
| When stocks fell | S&P 500 −4.9% in March 2026; DBMF −3.8% | ETFIQ |
| Weekly correlation with the S&P 500 | +0.26, 52 weeks to Oct 28, 2026 | ETFIQ |
| First traded | May 8, 2019 | ETFIQ |
| Days traded | 1,880 | ETFIQ |
| Quoted | on an exchange, every trading day | ETFIQ |

## Money in and out, to Jun 30, 2026

Monthly data only. Jun 2026: +$36.2m, from SEC Form N-PORT.

Computed by ETFIQ from the change in shares outstanding times the previous day’s NAV. Every day and month: <https://etfiq.com/data/flows/funds/dbmf.json>. Method: https://etfiq.com/methodology/flows

## Questions

### Does DBMF move with the S&P 500?

Over the year to Oct 28, 2026, DBMF’s weekly returns had a correlation of +0.26 with the S&P 500’s, on a scale where 1 moves in step, 0 shows no pattern and −1 moves opposite. Its beta was +0.21, so for each 1% the index moved it moved about 0.21% the same way.

### What did DBMF do when stocks fell?

The S&P 500 fell in 26 of the 52 weeks to Oct 28, 2026, by 1.10% on average. In those weeks DBMF fell 0.21% on average, a down-week capture of 19.1%.

### Did DBMF earn more than cash?

Over the same 52 weeks DBMF returned +22.5% with distributions reinvested, and BIL, a fund of Treasury bills, returned +3.6%. DBMF finished 18.8 percentage points ahead of it.

### What does DBMF cost?

The prospectus expense ratio is 0.85% a year.

### Why is DBMF listed as managed futures?

ETFIQ files each fund by what its own prospectus says it does, and DBMF’s, filed Apr 30, 2026, describes a managed futures fund.


## Cite this page

ETFIQ, DBMF, alternatives ETFs, data as of Oct 28, 2026. https://etfiq.com/funds/dbmf
Free to use with attribution for data ETFIQ computes; issuer data stays under its owner's terms. The underlying files are at <https://etfiq.com/data/>.

HTML: https://etfiq.com/funds/dbmf  ·  JSON: https://etfiq.com/funds/dbmf.json