FFUT ETF — Fidelity Managed Futures ETF

Fidelity Managed Futures ETF (FFUT)

Updated October 16, 2026.

FFUT is an ETF. its distribution rate is 0.02%, its trailing-12-month yield is 1.75%, its expense ratio is 0.80%. Dividend Vision Distribution Safety Score™ is 50/100 (Unproven). Total return is 29.2% over the past 1.4 years, 1.6 points behind SPY at 30.8%.

Fidelity Managed Futures ETF is an ETF that pursues a trend-following strategy across equity, fixed income, currency, and commodity markets using derivatives and direct investments to capture price momentum in these asset classes. The fund has a very low distribution rate and carries an expense ratio of 0.80%. It appeals to investors seeking alternative strategies with trend-based exposure rather than traditional buy-and-hold equity or bond investing.

FFUT performance versus SPY

Price and return data through 2026-10-16.

Total return is 29.2% over the past 1.4 years, 1.6 points behind SPY at 30.8%. Its deepest 1-year drawdown was 5.6%.

FFUT key facts

Distribution Safety Score™

50 · Unproven

Issuer

Fidelity Investments

Asset type

ETF

Asset class

Equity

Inception date

06/03/2025

Expense ratio

0.80%

Distribution rate

0.02%

Distribution frequency

Annual

Trailing yield

1.75%

Last close

$63.78 (as of 2026-10-16)

AUM

$408,094,864

Average volume

24668.0

Dividend

$0.015

Ex-dividend date

12/30/2025

Payment date

01/02/2026

How Dividend Vision calculates yield and returns

Distribution rate (0.02%) uses calculation basis unavailable. Issuer rates can use a different denominator and date, including ex-date NAV. Trailing-12-month yield (1.75%) is the sum of split-adjusted cash distributions with ex-dates in the last 12 months, divided by the published price. It lags a recent raise or cut. Total return uses split-adjusted close with distributions reinvested on the ex-dividend date (a modeling convention, not the cash-settlement date) from the first stored bar on or after inception through the latest bar, compared with the same window on the benchmark. That is the security's total return, not your personal gain/loss.

Yield and safety methodology · Distribution rate methodology · Distribution Safety Score methodology

Sources and review

Primary sources: Fidelity Investments; prices and distributions from Dividend Vision, derived from vendor EOD data.

Reviewed by Bert Sweet, CEO and Co-owner of Dividend Vision. Methodology: Distribution Safety Score.

FFUT risks and drawbacks

FFUT's current distribution rate is moderate, not a high-yield payout — the strategy is dividend quality more than maximum income. Payments are annual, so cash flow is lumpy versus a monthly fund. Total return has trailed SPY over the available window. The deepest 1-year drawdown on record here is 5.6%.

Who may consider FFUT — and who may not

It is a weaker fit for investors who need monthly cash flow (FFUT pays annual); investors hunting double-digit covered-call yields; investors whose main goal is matching SPY total return. This is educational context, not a recommendation to buy or sell.

More on FFUT

• All tickers starting with F

Tagged: Futures.

Frequently asked questions

More securities from Fidelity Investments.