Systematic Trend · NYSE ARCA · USD · Data as of 2026-05-12
AUM
$265.57M
Expense ratio
0.98%
Yield
5.00%
YTD return
+10.40%
Last price
$51.70
Active · Coverage 50% · low
Today
28.5
Outlook
44.5
Block A (composite-derived)
49.7
Block C (market behavior)
14.3
Today overlay (Block D)
0.0
Outlook overlay (Block D)
0.0
today_score = clip(0,100, 50 + 0.15·(A−50) + 0.60·(C−50) + D_today). Block B (holdings rollup) is in Phase 3 development; β=0 caps the natural range at ~12.5–87.5 in Preview v0.9. Formula version tide-etf-v1.0.0.
49.7
Coverage 50% · low
Liquidity
—
Expenses
45.0
Performance
—
Volatility
34.8
Dividend
43.9
Concentration
85.0
Smart Money
—
Activist
—
Formula version composite-v1.0.0. Axes hover to see why a sub-score is missing.
First Trust Managed Futures Strategy Fund (FMF) is an exchange-traded fund from First Trust in the Mixed asset class. Launched in 2013. Assets under management: 265,565,712.
Bullish Whales composite rating: 50 out of 100. Evidence coverage 50% across 4 of 8 axes. Strongest axes: concentration, expenses, dividend.
Annualized one-year realized volatility 10%, classified low. Weakest axes: volatility, dividend.
Top-10 weight 0%, diversified, led by MISXX. Trailing yield 0%.
etf_composite_score_current · composite_score, concentration_score, confidence, coverage_pct, dividend_score, expenses_score, volatility_scoreetf_fundamentals_td · dividend_frequency, yieldetf_holdings_top10 · holding_symbol, weightetf_universe · asset_class, aum_usd, fund_type, inception_date, issuer, name, ticker, volatility_1yThe First Trust Managed Futures Strategy Fund is an exchange-traded fund designed to provide investors with exposure to the managed futures asset class. Its primary aim is to offer long-term capital appreciation by implementing a rules-based strategy that seeks to identify market trends across a variety of asset categories, including equities, fixed income, commodities, and currencies. Managed futures typically involve taking both long and short positions, which allows the fund to potentially benefit in different market scenarios, irrespective of whether markets are rising or falling. The fund employs a systematic approach to capture price trends and execute trades efficiently, making it an attractive option for diversification within a portfolio. By covering multiple asset classes, the fund can mitigate risks associated with market volatility and economic fluctuations. The First Trust Managed Futures Strategy Fund plays a significant role in providing access to alternative investment strategies, which are valuable for portfolios in pursuit of non-correlated returns and hedging against traditional market risks. With its strategic allocation and disciplined approach, the fund contributes to broadening the investment horizons of institutional and individual investors alike.
Net AUM change history is not yet available for this ETF. Fund-flow time series is a Phase B deliverable.
Current AUM: $265,565,712. AUM change is computed from rolling daily fundamentals snapshots; it reflects total net-asset deltas (creations/redemptions + market value moves), not pure share creations.
Fund documents (fact sheets, prospectuses, semi-annual reports) for FMF are coming soon. The BW fund-document archive will surface PDFs alongside a metadata index for searchability.