MFUT (MFUT) Performance
MFUT total return
Distributions reinvested · as of Oct 23, 2026- YTD
- +19.6% since Dec 31, 2025
- 1 year
- +24.3% total return
- Since first price
- −2.2% since 2024
MFUT trailing returns vs SPY, QQQ, AGG
| Period | MFUT total return | Price only | S&P 500 (SPY) | Nasdaq-100 (QQQ) | U.S. bonds (AGG) |
|---|---|---|---|---|---|
| 1 month | −2.9% | −2.9% | −1.0% | −5.0% | +0.9% |
| 3 months | −0.2% | −0.2% | +3.2% | +1.9% | −0.4% |
| 6 months | +4.6% | +4.6% | +7.8% | +8.4% | −1.5% |
| YTD | +19.6% | +19.6% | +12.3% | +15.1% | −1.0% |
| 1 year | +24.3% | +24.3% | +14.4% | +15.9% | −1.1% |
| Since inceptionMay 29, 2024 | −2.2% | −2.5% | — | — | — |
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: MFUT vs SPY
From May 29, 2024: MFUT grew to $9,782, SPY to $14,872.
Year-end values with distributions reinvested, no taxes or trading costs. Start: first common trading day of both funds.
MFUT returns by calendar year
0 of 1 full years positive. Best 2025 (−1.8%), worst 2025 (−1.8%). 2026 is year to date.
MFUT annual returns table
| Year | MFUT | Largest drop | SPY | QQQ | AGG |
|---|---|---|---|---|---|
| 2026YTD | +19.6% | −9.9% | +12.3% | +15.1% | −1.0% |
| 2025 | −1.8% | −15.6% | +17.7% | +20.8% | +7.2% |
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.
MFUT largest drawdowns
Now 2.9% below the high| Peak | Decline | Bottom | Recovered | Fall | Underwater |
|---|---|---|---|---|---|
| May 29, 2024 | −29.3% | Apr 23, 2025 | May 12, 2026 | 11 months | 2.0 years |
Declines from a closing high (distributions reinvested) of 10% or more. Underwater = time from the peak until the old high was regained.
MFUT risk statistics
| Statistic | Since 2024 |
|---|---|
| Annualized return | −0.5% |
| Volatility (annualized) | 14.4% |
| Sharpe ratio | -0.25 |
| Sortino ratio | -0.33 |
| Best month | +7.7% |
| Worst month | −9.3% |
| Best 12 months | +35.9% |
| Worst 12 months | −27.7% |
| Positive months | 46% |
| 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.
MFUT rolling returns
| Holding period | Periods | Worst | Median | Best | Positive |
|---|---|---|---|---|---|
| 1-year | 18 | −27.7% | +9.7% | +35.9% | 56% |
Every holding period starting at a month-end since 2024. Returns for 3 years and longer are annualized.
MFUT performance overview
MFUT (MFUT) returned +24.3% over the past year, with distributions reinvested. Since its first recorded price on May 29, 2024 it has returned −2.2%. Over the same year S&P 500 (SPY) returned +14.4%.
The deepest decline was −29.3%, from May 29, 2024 to Apr 23, 2025, and it took 1.1 years to get back to the old high. Volatility has been 14.4% a year.
Related: MFUT chart, MFUT holdings. See the MFUT overview for the latest quote and fund facts.
MFUT performance FAQ
What is the MFUT return over the past year?
MFUT returned +24.3% over the 12 months to October 23, 2026, including reinvested distributions. On price alone it rose 24.3%.
How much would $10,000 invested in MFUT be worth?
$10,000 invested in MFUT at its first recorded close on May 29, 2024 would be worth about $9,782 on October 23, 2026 with distributions reinvested.
What is the biggest drawdown of MFUT?
The largest peak-to-trough decline was −29.3% between May 29, 2024 and April 23, 2025. It recovered to the old high on May 12, 2026, 1.1 years after the bottom.
How volatile is MFUT?
Over the past history MFUT had an annualized volatility of 14.4% and a Sharpe ratio of -0.25 (excess return over 1–3 month T-bills per unit of risk).