First Trust Managed Futures Strategy Fund (FMF)
- Expense ratio0.95%
- Net assets$295.6M
- Dividend yield4.80%
- 1-year return+11.31%
- Holdings1
FMF ETF price chart
FMF quote & trading statistics
FMF performance
Annual returns & drawdowns →- YTD+11.54%
- 1 year+11.31%
- 3 years+6.51%/yr
- 5 years+5.44%/yr
- 10 years+2.84%/yr
- 1Y volatility
- 7.00%
- 3Y volatility
- 7.17%
- 3Y Sharpe ratio
- 0.29
Returns include reinvested distributions; 3-, 5- and 10-year figures are annualized.
FMF holdings
| # | Symbol | Name | Weight |
|---|---|---|---|
| 1 | MISXX | Morgan Stanley Institutional Liquidity Funds - Treasury Portfolio | 15.10% |
This holding makes up 15.1% of the fund. As of October 25, 2026.
About First Trust Managed Futures Strategy Fund
The fund is an actively managed exchange-traded fund that seeks to achieve positive returns that are not directly correlated to broad market equity or fixed income returns. Under normal market conditions, the fund and a wholly-owned subsidiary of the fund organized under the laws of the Cayman Islands, invest significantly in a portfolio of exchange-listed futures.
FMF ETF FAQ
What is the FMF expense ratio?
First Trust Managed Futures Strategy Fund has a net expense ratio of 0.95%, or $95.00 a year for every $10,000 invested.
How much money is in FMF?
First Trust Managed Futures Strategy Fund has about $295.6M in net assets.
What are the top holdings of FMF?
The largest positions in FMF are Morgan Stanley Institutional Liquidity Funds - Treasury Portfolio (15.10%). The fund holds 1 securities in total.
How has FMF performed?
FMF returned +11.31% over the past year and +5.44% a year over the past five years, including reinvested distributions.
Does FMF pay dividends?
FMF has a dividend yield of 4.80% and pays distributions quarterly.
When was FMF launched?
First Trust Managed Futures Strategy Fund began trading on August 1, 2013.