# FFUT (Fidelity Managed Futures ETF)

Fidelity · Alternatives ETFs · data as of Sep 18, 2026

In the S&P 500’s down weeks over the year to Sep 18, 2026, FFUT rose 0.40% a week on average.

## Key facts

- FFUT, correlation with the S&P 500: −0.04, as of Sep 18, 2026.
- FFUT, beta to the S&P 500: −0.03, as of Sep 18, 2026.
- FFUT, down-week capture: −32.3%, as of Sep 18, 2026.
- FFUT, against T-bills, 52 weeks: +23.4 pts, as of Sep 18, 2026.
- FFUT, net assets: $352m (the issuer’s own figure for this ETF, month end, as of Aug 31, 2026).
- FFUT, expense ratio: 0.80% (485BPOS XBRL, May 26, 2026).

## FFUT over each window to Sep 18, 2026

| Window | The fund | S&P 500 | Difference, percentage points |
| --- | --- | --- | --- |
| 3 months | +10.7% | +2.3% | +8.4 pts |
| 6 months | +13.8% | +18.0% | −4.3 pts |
| 1 year | +26.7% | +16.6% | +10.2 pts |
| Since it listed | +31.6% | +30.6% | +1.0 pts |

## Every published field

| Field | Value | Source |
| --- | --- | --- |
| Issuer | Fidelity | ETFIQ |
| Strategy | Managed futures | ETFIQ, from its prospectus |
| Expense ratio | 0.80% | 485BPOS XBRL, May 26, 2026 |
| Net assets | $352m | the issuer’s own figure for this ETF, month end, as of Aug 31, 2026 |
| Weeks measured | 52, from Sep 19, 2025 to Sep 18, 2026 | ETFIQ |
| Weeks the S&P 500 fell | 22 | ETFIQ |
| The S&P 500 in those weeks, on average | −1.24% | ETFIQ |
| FFUT in those weeks, on average | +0.40% | ETFIQ |
| FFUT total return over those weeks | +27.0% | ETFIQ |
| T-bills | +3.6% | ETFIQ |
| Listed since | Jun 5, 2025 | ETFIQ |
| Days traded | 90 | ETFIQ |
| Quoted | on an exchange, every trading day | ETFIQ |

## Questions

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

Over the year to Sep 18, 2026, FFUT’s weekly returns had a correlation of −0.04 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 −0.03, so for each 1% the index moved it moved about 0.03% the other way.

### What did FFUT do when stocks fell?

The S&P 500 fell in 22 of the 52 weeks to Sep 18, 2026, by 1.24% on average. In those weeks FFUT rose 0.40% on average, a down-week capture of −32.3%.

### Did FFUT earn more than cash?

Over the same 52 weeks FFUT returned +27.0% with distributions reinvested, and BIL, a fund of Treasury bills, returned +3.6%. FFUT finished 23.4 percentage points ahead of it.

### What does FFUT cost?

The prospectus expense ratio is 0.80% a year.

### Why is FFUT listed as managed futures?

ETFIQ files each fund by what its own prospectus says it does, and FFUT’s, filed May 26, 2026, describes a managed futures fund.


## Cite this page

ETFIQ, FFUT, data as of Sep 18, 2026. https://etfiq.com/funds/ffut
Free to use with attribution; the underlying files are at https://etfiq.com/data/.

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