Invesco Managed Futures Strategy ETF (IMF) Performance
IMF total return
Distributions reinvested · as of Oct 23, 2026- YTD
- +15.2% since Dec 31, 2025
- 1 year
- +19.3% total return
- Since first price
- +6.1% since 2025
IMF trailing returns vs SPY, QQQ, AGG
| Period | IMF total return | Price only | S&P 500 (SPY) | Nasdaq-100 (QQQ) | U.S. bonds (AGG) |
|---|---|---|---|---|---|
| 1 month | −1.7% | −1.7% | −1.0% | −5.0% | +0.9% |
| 3 months | +1.4% | +1.4% | +3.2% | +1.9% | −0.4% |
| 6 months | +2.8% | +2.8% | +7.8% | +8.4% | −1.5% |
| YTD | +15.2% | +15.2% | +12.3% | +15.1% | −1.0% |
| 1 year | +19.3% | +18.1% | +14.4% | +15.9% | −1.1% |
| Since inceptionMar 19, 2025 | +6.1% | +5.0% | — | — | — |
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: IMF vs SPY
From Mar 19, 2025: IMF grew to $10,605, SPY to $13,664.
Year-end values with distributions reinvested, no taxes or trading costs. Start: first common trading day of both funds.
IMF returns by calendar year
2026 is year to date.
IMF annual returns table
| Year | IMF | Largest drop | SPY | QQQ | AGG |
|---|---|---|---|---|---|
| 2026YTD | +15.2% | −4.5% | +12.3% | +15.1% | −1.0% |
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.
IMF largest drawdowns
Now 2.2% below the high| Peak | Decline | Bottom | Recovered | Fall | Underwater |
|---|---|---|---|---|---|
| Mar 19, 2025 | −15.1% | Aug 1, 2025 | Mar 6, 2026 | 4 months | 12 months |
Declines from a closing high (distributions reinvested) of 10% or more. Underwater = time from the peak until the old high was regained.
IMF risk statistics
| Statistic | Since 2025 |
|---|---|
| Annualized return | +6.9% |
| Volatility (annualized) | 12.0% |
| Sharpe ratio | 0.30 |
| Sortino ratio | 0.36 |
| Best month | +4.7% |
| Worst month | −11.6% |
| Best 12 months | +22.7% |
| Worst 12 months | +4.2% |
| Positive months | 72% |
| Beta vs S&P 500 | — |
| Correlation with S&P 500 | — |
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.
IMF rolling returns
| Holding period | Periods | Worst | Median | Best | Positive |
|---|---|---|---|---|---|
| 1-year | 8 | +4.2% | +20.8% | +22.7% | 100% |
Every holding period starting at a month-end since 2025. Returns for 3 years and longer are annualized.
IMF performance overview
Invesco Managed Futures Strategy ETF (IMF) returned +19.3% over the past year, with distributions reinvested. Since its first recorded price on Mar 19, 2025 it has returned +6.1%. Over the same year S&P 500 (SPY) returned +14.4%.
The deepest decline was −15.1%, from Mar 19, 2025 to Aug 1, 2025, and it took 7 months to get back to the old high. Volatility has been 12.0% a year.
Related: IMF chart, IMF dividends. See the IMF overview for the latest quote and fund facts.
IMF performance FAQ
What is the IMF return over the past year?
IMF returned +19.3% over the 12 months to October 23, 2026, including reinvested distributions. On price alone it rose 18.1%.
How much would $10,000 invested in IMF be worth?
$10,000 invested in IMF at its first recorded close on March 19, 2025 would be worth about $10,605 on October 23, 2026 with distributions reinvested.
What is the biggest drawdown of IMF?
The largest peak-to-trough decline was −15.1% between March 19, 2025 and August 1, 2025. It recovered to the old high on March 6, 2026, 7 months after the bottom.
How volatile is IMF?
Over the past history IMF had an annualized volatility of 12.0% and a Sharpe ratio of 0.30 (excess return over 1–3 month T-bills per unit of risk).