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ETFs

First Trust Managed Futures Strategy Fund

FMF
$--
Today’s Change
-- (--)

Snapshot
*

Inception Date
Aug 01 2013
Expense Ratio
0.95%
Type
Global Hedge Fund
Fund Owner
First Trust
Volume (1m avg. daily)
$834,852
AUM
$165,220,080
Associated Index
None
Inverse/Leveraged
No
Passive/Active
Active
Fractionable on Composer
Yes
Prospectus
View

Top 10 Holdings

n/a
US Dollar
48.66%
n/a
Derivatives offset
22.47%
n/a
U.S. Treasury Bill 0% due 10/12/2023
6.59%
n/a
U.S. Treasury Bill 0% due 11/09/2023
6.57%
n/a
U.S. Treasury Bill 0% due 11/16/2023
6.56%
n/a
U.S. Treasury Bill 0% due 12/14/2023
6.53%
n/a
U.S. Treasury Note 0.25% due 06/15/2024
6.37%
n/a
U.S. Treasury Note 0.375% due 09/15/2024
6.30%
n/a
U.S. Treasury Note 1% due 12/15/2024
6.27%
n/a
U.S. Treasury Note 0.50% due 03/31/2025
6.16%
Invest with FMF

What is FMF?

The fund will generally seek to hold similar instruments to those included in the benchmark but the actively managed structure allows the investment team flexibility to manage the contract selection and rolls to seek to exceed the performance of the index.

ETFs related toFMF

ETFs correlated to FMF include KMLM, DBMF, TSLR

FMF
First Trust Exchange-Traded Fund V. - First Trust Managed Futures Strategy Fund
KMLM
KraneShares Trust - KFA Mount Lucas Managed Futures Index Strategy ETF
DBMF
Manager Directed Portfolios - iMGP DBi Managed Futures Strategy ETF
TSLR
GraniteShares ETF Trust - GraniteShares 1.75x Long TSLA Daily ETF
BILZ
Pimco Exchange Traded Fund - PIMCO Ultra Short Government Active Exchange-Traded Fund
TBX
ProShares Trust - ProShares Short 7-10 Year Treasury -1x Shares
PST
Invesco Capital Management LLC - PowerShares UltraShort Lehman 7-10 + Year Treasury ProShares -2X Sh
CTA
Simplify Exchange Traded Funds - Simplify Managed Futures Strategy ETF
STXE
EA Series Trust - Strive Emerging Markets Ex-China ETF
GLL
ProShares Trust - ProShares UltraShort Gold -2x Shares
TMV
Direxion Shares ETF Trust - Direxion Daily 20+ Year Treasury Bear -3X Shares

What is ETF correlation?

Correlation is a measure of the strength of the relationship between two ETFs. It quantifies the degree to which prices of the two ETFs typically move together.

Here, correlation is measured over the past year with the Pearson correlation coefficient (Pearon’s r), which ranges from -1 to 1.

Using ETF correlations in portfolio and strategy construction

ETF correlations can help you create investing strategies and portfolios. Use them to:

  • •Build a diversified portfolio from uncorrelated or inversely correlated ETFs with the aim of minimizing portfolio risk.
  • •Compare correlated or related ETFs to find one with a lower expense ratio or higher trading volume.
  • •Create an investing strategy that hedges an ETF with an uncorrelated or inversely correlated ETF.

Automated Strategies
Related toFMF

#OPUS-12

Opus-12

Category

Opus, Investing for the Long-Term

Risk Rating

Moderate

Create your own algorithmic trading strategy with FMF using Composer

FAQ

FMF is a Global Hedge Fund ETF. The fund will generally seek to hold similar instruments to those included in the benchmark but the actively managed structure allows the investment team flexibility to manage the contract selection and rolls to seek to exceed the performance of the index.

Yes, FMF is actively managed. In an actively managed fund, the fund manager makes decisions about how funds are invested. A passively managed fund typically tries to track or follow a market index.

No, FMF is not passively managed. It is actively managed. A passively managed fund typically tries to track or follow a market index. In an actively managed fund, the fund manager makes decisions about how funds are invested.

The 1-month return on FMF is 0.0156%. This is the percent change in the value of FMF over the most recent 1-month period. The 3-month return on FMF is 0.0476%. This is the percent change in the value of FMF over the most recent 3-month period.

The standard deviation of FMF for the past year is 0.1121%. Standard deviation is the typical amount that the daily returns vary from the mean of the returns over the time period, standardized to a period of a year.

ETFs similar to FMF include PFF, PGF, and PGX.

ETFs correlated to FMF include KMLM, DBMF, and TSLR.

ETFs that are inversely correlated to FMF include BSCP, DFSD, and AVSF.

Disclaimers

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We show information directly obtained from our data provider, Xignite. Data shown here is provided by Xignite, an unaffiliated third party. Composer believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate.

**

We show information based on calculations performed by Composer using data from our provider. Information provided here is based on calculations performed by Composer using data sourced from Xignite, an unaffiliated third party. Composer believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.