Fieldstone UVA Unconstrained Medium-Term… (FFIU) Performance
FFIU total return
Distributions reinvested · as of Oct 23, 2026- YTD
- −2.8% since Dec 31, 2025
- 1 year
- −2.4% total return
- 5 years
- −0.6% a year
- Since first price
- +1.3% a year since 2017
FFIU trailing returns vs SPY, QQQ, AGG
| Period | FFIU total return | Price only | S&P 500 (SPY) | Nasdaq-100 (QQQ) | U.S. bonds (AGG) |
|---|---|---|---|---|---|
| 1 month | +0.9% | −0.2% | −1.0% | −5.0% | +0.9% |
| 3 months | −1.1% | −2.2% | +3.2% | +1.9% | −0.4% |
| 6 months | −2.7% | −4.7% | +7.8% | +8.4% | −1.5% |
| YTD | −2.8% | −5.8% | +12.3% | +15.1% | −1.0% |
| 1 year | −2.4% | −6.4% | +14.4% | +15.9% | −1.1% |
| 3 years | +15.9%+5.0%/yr | +2.7% | +87.4%+23.3%/yr | +101.4%+26.3%/yr | +16.6%+5.2%/yr |
| 5 years | −3.2%−0.6%/yr | −20.2% | +79.3%+12.4%/yr | +94.0%+14.2%/yr | −0.8%−0.2%/yr |
| Since inceptionAug 21, 2017 | +12.7%+1.3%/yr | −16.6% | — | — | — |
Total return from adjusted closes (distributions reinvested, before tax). Periods of 3 years or more are also shown annualized. Price only excludes distributions.
Growth of $10,000: FFIU vs SPY
From Aug 21, 2017: FFIU grew to $11,272, SPY to $36,088.
Year-end values with distributions reinvested, no taxes or trading costs. Start: first common trading day of both funds.
FFIU returns by calendar year
6 of 8 full years positive. Best 2019 (+9.6%), worst 2022 (−15.2%). 2026 is year to date.
FFIU annual returns table
| Year | FFIU | Largest drop | SPY | QQQ | AGG |
|---|---|---|---|---|---|
| 2026YTD | −2.8% | −6.4% | +12.3% | +15.1% | −1.0% |
| 2025 | +8.5% | −4.4% | +17.7% | +20.8% | +7.2% |
| 2024 | +0.2% | −5.2% | +24.9% | +25.6% | +1.3% |
| 2023 | +7.4% | −8.4% | +26.2% | +54.9% | +5.7% |
| 2022 | −15.2% | −18.7% | −18.2% | −32.6% | −13.0% |
| 2021 | +0.1% | −3.7% | +28.7% | +27.4% | −1.8% |
| 2020 | +7.9% | −11.1% | +18.3% | +48.6% | +7.5% |
| 2019 | +9.6% | −1.5% | +31.2% | +39.0% | +8.5% |
| 2018 | −0.7% | −4.9% | −4.6% | −0.1% | +0.1% |
Largest drop = deepest fall from a high within that calendar year.
Calendar-year return vs largest drop within the year
Most years include a sizable fall at some point even when the year ends higher.
FFIU largest drawdowns
Now 5.1% below the high| Peak | Decline | Bottom | Recovered | Fall | Underwater |
|---|---|---|---|---|---|
| Sep 14, 2021 | −20.4% | Oct 21, 2022 | not yet | 1.1 years | 5.1 years so far |
| Mar 6, 2020 | −11.1% | Mar 20, 2020 | Jun 19, 2020 | 14 days | 3 months |
Declines from a closing high (distributions reinvested) of 10% or more. Underwater = time from the peak until the old high was regained.
FFIU risk statistics
| Statistic | 3 years | 5 years | Since 2017 |
|---|---|---|---|
| Annualized return | +3.5% | −1.2% | +1.1% |
| Volatility (annualized) | 7.4% | 7.9% | 6.4% |
| Sharpe ratio | -0.09 | -0.58 | -0.18 |
| Sortino ratio | -0.13 | -0.75 | -0.25 |
| Best month | +6.4% | +6.4% | +6.4% |
| Worst month | −3.5% | −4.9% | −4.9% |
| Best 12 months | +13.1% | +13.1% | +13.1% |
| Worst 12 months | −4.8% | −18.0% | −18.0% |
| Positive months | 58% | 50% | 54% |
| Beta vs S&P 500 | 0.29 | 0.32 | — |
| Correlation with S&P 500 | 0.48 | 0.64 | — |
From monthly total returns. Sharpe and Sortino use 1–3 month T-bills (BIL) as the risk-free rate, so they need history from 2007 on.
FFIU rolling returns
| Holding period | Periods | Worst | Median | Best | Positive |
|---|---|---|---|---|---|
| 1-year | 99 | −18.0% | +3.4% | +13.1% | 74% |
| 3-year (a year) | 75 | −5.2% | +1.9% | +6.6% | 55% |
| 5-year (a year) | 51 | −1.2% | +0.1% | +1.5% | 63% |
Every holding period starting at a month-end since 2017. Returns for 3 years and longer are annualized.
FFIU performance overview
Fieldstone UVA Unconstrained Medium-Term… (FFIU) returned −2.4% over the past year and −0.6% a year over five years, with distributions reinvested. Since its first recorded price in 2017 it has returned +1.3% a year, turning $10,000 into about $11,272. Over the same year S&P 500 (SPY) returned +14.4%.
The deepest decline was −20.4%, from Sep 14, 2021 to Oct 21, 2022; the fund has not yet regained that high. FFIU finished 6 of its 8 full calendar years with a gain; the best year was 2019 (+9.6%) and the worst 2022 (−15.2%). Volatility has been 6.4% a year.
Related: FFIU chart, FFIU dividends. See the FFIU overview for the latest quote and fund facts.
FFIU performance FAQ
What is the FFIU return over the past year?
FFIU returned −2.4% over the 12 months to October 23, 2026, including reinvested distributions. On price alone it fell 6.4%.
What is the average annual return of FFIU?
FFIU has returned −0.6% a year over 5 years, +1.3% a year since August 21, 2017 (total return, distributions reinvested).
How much would $10,000 invested in FFIU be worth?
$10,000 invested in FFIU at its first recorded close on August 21, 2017 would be worth about $11,272 on October 23, 2026 with distributions reinvested.
What was the worst year for FFIU?
The worst calendar year was 2022, with a total return of −15.2%. The best was 2019 at +9.6%.
What is the biggest drawdown of FFIU?
The largest peak-to-trough decline was −20.4% between September 14, 2021 and October 21, 2022. It has not yet recovered to that high; it is 5.1% below its peak.
How volatile is FFIU?
Over the past 3 years FFIU had an annualized volatility of 7.4% and a Sharpe ratio of -0.09 (excess return over 1–3 month T-bills per unit of risk).