Invesco Managed Futures Strateg (MTRA) Performance
MTRA total return
Distributions reinvested · as of Oct 23, 2026- YTD
- −3.7% since Dec 31, 2025
- 1 year
- −3.9% total return
- 5 years
- −33.8% a year
- 10 years
- −18.7% a year
- Since first price
- −18.1% a year since 2016
MTRA trailing returns vs SPY, QQQ, AGG
| Period | MTRA total return | Price only | S&P 500 (SPY) | Nasdaq-100 (QQQ) | U.S. bonds (AGG) |
|---|---|---|---|---|---|
| 1 month | −4.7% | −4.7% | −1.0% | −5.0% | +0.9% |
| 3 months | −3.3% | −3.3% | +3.2% | +1.9% | −0.4% |
| 6 months | −0.3% | −0.3% | +7.8% | +8.4% | −1.5% |
| YTD | −3.7% | −3.7% | +12.3% | +15.1% | −1.0% |
| 1 year | −3.9% | −4.5% | +14.4% | +15.9% | −1.1% |
| 3 years | −87.3%−49.8%/yr | −87.4% | — | — | — |
| 5 years | −87.3%−33.8%/yr | −87.4% | — | — | — |
| 10 years | −87.3%−18.7%/yr | −87.4% | — | — | — |
| Since inceptionFeb 10, 2016 | −88.1%−18.1%/yr | −88.2% | — | — | — |
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: MTRA vs SPY
From Feb 10, 2016: MTRA grew to $1,185, SPY to $48,777.
Year-end values with distributions reinvested, no taxes or trading costs. Start: first common trading day of both funds.
MTRA returns by calendar year
0 of 1 full years positive. Best 2025 (−86.8%), worst 2025 (−86.8%). 2026 is year to date.
MTRA annual returns table
| Year | MTRA | Largest drop | SPY | QQQ | AGG |
|---|---|---|---|---|---|
| 2026YTD | −3.7% | −15.8% | +12.3% | +15.1% | −1.0% |
| 2025 | −86.8% | −7.0% | +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.
MTRA largest drawdowns
Now 88.1% below the high| Peak | Decline | Bottom | Recovered | Fall | Underwater |
|---|---|---|---|---|---|
| Feb 10, 2016 | −89.0% | Mar 27, 2026 | not yet | 10.1 years | 10.7 years so far |
Declines from a closing high (distributions reinvested) of 10% or more. Underwater = time from the peak until the old high was regained.
MTRA risk statistics
| Statistic | Since 2016 |
|---|---|
| Annualized return | −78.0% |
| Volatility (annualized) | 77.0% |
| Sharpe ratio | -0.85 |
| Sortino ratio | -0.85 |
| Best month | +5.9% |
| Worst month | −87.3% |
| Best 12 months | +9.2% |
| Worst 12 months | −86.5% |
| Positive months | 56% |
| 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.
MTRA rolling returns
| Holding period | Periods | Worst | Median | Best | Positive |
|---|---|---|---|---|---|
| 1-year | 6 | −86.5% | +5.6% | +9.2% | 67% |
Every holding period starting at a month-end since 2016. Returns for 3 years and longer are annualized.
MTRA performance overview
Invesco Managed Futures Strateg (MTRA) returned −3.9% over the past year and −18.7% a year over ten years, with distributions reinvested. Since its first recorded price in 2016 it has returned −18.1% a year, turning $10,000 into about $1,185. Over the same year S&P 500 (SPY) returned +14.4%.
The deepest decline was −89.0%, from Feb 10, 2016 to Mar 27, 2026; the fund has not yet regained that high. Volatility has been 77.0% a year.
Related: MTRA chart, MTRA holdings, MTRA dividends. See the MTRA overview for the latest quote and fund facts.
MTRA performance FAQ
What is the MTRA return over the past year?
MTRA returned −3.9% over the 12 months to October 23, 2026, including reinvested distributions. On price alone it fell 4.5%.
What is the average annual return of MTRA?
MTRA has returned −33.8% a year over 5 years, −18.7% a year over 10 years, −18.1% a year since February 10, 2016 (total return, distributions reinvested).
How much would $10,000 invested in MTRA be worth?
$10,000 invested in MTRA at its first recorded close on February 10, 2016 would be worth about $1,185 on October 23, 2026 with distributions reinvested.
What is the biggest drawdown of MTRA?
The largest peak-to-trough decline was −89.0% between February 10, 2016 and March 27, 2026. It has not yet recovered to that high; it is 88.1% below its peak.
How volatile is MTRA?
Over the past history MTRA had an annualized volatility of 77.0% and a Sharpe ratio of -0.85 (excess return over 1–3 month T-bills per unit of risk).