The Future Fund Active ETF (FFND) Performance
FFND total return
Distributions reinvested · as of Oct 23, 2026- YTD
- +4.9% since Dec 31, 2025
- 1 year
- +5.8% total return
- 5 years
- +4.2% a year
- Since first price
- +4.3% a year since 2021
FFND trailing returns vs SPY, QQQ, AGG
| Period | FFND total return | Price only | S&P 500 (SPY) | Nasdaq-100 (QQQ) | U.S. bonds (AGG) |
|---|---|---|---|---|---|
| 1 month | −2.4% | −2.4% | −1.0% | −5.0% | +0.9% |
| 3 months | −1.3% | −1.3% | +3.2% | +1.9% | −0.4% |
| 6 months | +1.6% | +1.6% | +7.8% | +8.4% | −1.5% |
| YTD | +4.9% | +4.9% | +12.3% | +15.1% | −1.0% |
| 1 year | +5.8% | +5.1% | +14.4% | +15.9% | −1.1% |
| 3 years | +78.2%+21.2%/yr | +77.0% | +87.4%+23.3%/yr | +101.4%+26.3%/yr | +16.6%+5.2%/yr |
| 5 years | +22.6%+4.2%/yr | +21.8% | +79.3%+12.4%/yr | +94.0%+14.2%/yr | −0.8%−0.2%/yr |
| Since inceptionAug 24, 2021 | +24.5%+4.3%/yr | +23.7% | — | — | — |
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: FFND vs SPY
From Aug 24, 2021: FFND grew to $12,454, SPY to $18,197.
Year-end values with distributions reinvested, no taxes or trading costs. Start: first common trading day of both funds.
FFND returns by calendar year
3 of 4 full years positive. Best 2023 (+40.0%), worst 2022 (−39.8%). 2026 is year to date.
FFND annual returns table
| Year | FFND | Largest drop | SPY | QQQ | AGG |
|---|---|---|---|---|---|
| 2026YTD | +4.9% | −10.5% | +12.3% | +15.1% | −1.0% |
| 2025 | +19.4% | −18.9% | +17.7% | +20.8% | +7.2% |
| 2024 | +24.0% | −14.8% | +24.9% | +25.6% | +1.3% |
| 2023 | +40.0% | −15.3% | +26.2% | +54.9% | +5.7% |
| 2022 | −39.8% | −42.0% | −18.2% | −32.6% | −13.0% |
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.
FFND largest drawdowns
Now 7.3% below the high| Peak | Decline | Bottom | Recovered | Fall | Underwater |
|---|---|---|---|---|---|
| Nov 8, 2021 | −47.8% | Dec 28, 2022 | Jun 27, 2025 | 1.1 years | 3.6 years |
| Jan 27, 2026 | −10.5% | Mar 30, 2026 | Apr 17, 2026 | 2 months | 3 months |
Declines from a closing high (distributions reinvested) of 10% or more. Underwater = time from the peak until the old high was regained.
FFND risk statistics
| Statistic | 3 years | 5 years | Since 2021 |
|---|---|---|---|
| Annualized return | +19.5% | +5.7% | +4.7% |
| Volatility (annualized) | 15.7% | 22.9% | 22.8% |
| Sharpe ratio | 0.94 | 0.20 | 0.16 |
| Sortino ratio | 1.73 | 0.30 | 0.24 |
| Best month | +11.0% | +17.9% | +17.9% |
| Worst month | −8.6% | −14.9% | −14.9% |
| Best 12 months | +38.8% | +40.0% | +40.0% |
| Worst 12 months | +8.1% | −39.8% | −39.8% |
| Positive months | 64% | 57% | 56% |
| Beta vs S&P 500 | 1.12 | 1.26 | — |
| Correlation with S&P 500 | 0.89 | 0.86 | — |
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.
FFND rolling returns
| Holding period | Periods | Worst | Median | Best | Positive |
|---|---|---|---|---|---|
| 1-year | 51 | −39.8% | +16.6% | +40.0% | 80% |
| 3-year (a year) | 27 | −3.7% | +18.6% | +27.5% | 89% |
| 5-year (a year) | 3 | +3.4% | +5.3% | +5.7% | 100% |
Every holding period starting at a month-end since 2021. Returns for 3 years and longer are annualized.
FFND performance overview
The Future Fund Active ETF (FFND) returned +5.8% over the past year and +4.2% a year over five years, with distributions reinvested. Since its first recorded price in 2021 it has returned +4.3% a year, turning $10,000 into about $12,454. Over the same year S&P 500 (SPY) returned +14.4%.
The deepest decline was −47.8%, from Nov 8, 2021 to Dec 28, 2022, and it took 2.5 years to get back to the old high. FFND finished 3 of its 4 full calendar years with a gain; the best year was 2023 (+40.0%) and the worst 2022 (−39.8%). Volatility has been 22.8% a year.
Related: FFND chart, FFND holdings, FFND dividends, FFND valuation. See the FFND overview for the latest quote and fund facts.
FFND performance FAQ
What is the FFND return over the past year?
FFND returned +5.8% over the 12 months to October 23, 2026, including reinvested distributions. On price alone it rose 5.1%.
What is the average annual return of FFND?
FFND has returned +4.2% a year over 5 years, +4.3% a year since August 24, 2021 (total return, distributions reinvested).
How much would $10,000 invested in FFND be worth?
$10,000 invested in FFND at its first recorded close on August 24, 2021 would be worth about $12,454 on October 23, 2026 with distributions reinvested.
What was the worst year for FFND?
The worst calendar year was 2022, with a total return of −39.8%. The best was 2023 at +40.0%.
What is the biggest drawdown of FFND?
The largest peak-to-trough decline was −47.8% between November 8, 2021 and December 28, 2022. It recovered to the old high on June 27, 2025, 2.5 years after the bottom.
How volatile is FFND?
Over the past 3 years FFND had an annualized volatility of 15.7% and a Sharpe ratio of 0.94 (excess return over 1–3 month T-bills per unit of risk).