About this ETF
The fund is an actively-managed ETF that seeks to achieve its investment objective by investing pursuant to a trend following program. Using the trend strategy, the fund will invest in futures contracts and futures-related instruments (such as forwards) and spot contracts in global markets across a wide range of asset classes, including equities, fixed income, currencies and commodities. The fund is non-diversified.
Description from the fund data provider · profile as of Nov 03, 2026.
Price Chart
Daily closing prices (price return, not total return). Comparison lines are normalized to percent change from the range start. Source: Financial Modeling Prep.
Performance
| 1M | 3M | 6M | YTD | 1Y | 3Y* | 5Y* | 10Y* | Incep.* | |
|---|---|---|---|---|---|---|---|---|---|
| Price return | -3.24% | +0.31% | +0.05% | +16.94% | +23.20% | — | — | — | -1.96% |
| Total return | -3.24% | +0.31% | +0.05% | +16.94% | +23.20% | — | — | — | -1.82% |
* Annualized. Total return uses the dividend-adjusted price series (distributions reinvested); price return uses unadjusted closes. Performance through Nov 02, 2026. Past performance does not guarantee future results.
Fees
| Net expense ratio | 0.89% | Annual cost of a $10,000 investment | $89.00 |
Illustrative calculation only: expense ratio × $10,000. It excludes trading costs, bid/ask spreads, taxes and changes in investment value. Gross vs. net expense details and any fee waivers are in the prospectus.
Holdings
Holdings list retrieved Oct 31, 2026 · The data provider's latest disclosed portfolio for this fund. Issuers publish holdings daily or monthly, so the portfolio date can be earlier; holdings are not live positions. 106 holdings stored, 25 shown.
| # | Holding | Ticker | Weight | Shares | Market Value |
|---|---|---|---|---|---|
| 1 | FED FUND 30DAY May27 | — | 35.94% | -116 | -$46.3M |
| 2 | 3 MONTH SOFR FUT Sep28 | — | 29.14% | -157 | -$37.5M |
| 3 | 3MO EURO EURIBOR Sep28 | — | 22.02% | -105 | -$28.3M |
| 4 | ICE 3MTH SONIA FU Sep28 | — | 19.58% | -79 | -$25.2M |
| 5 | 3M CORRA Futures Mar28 | — | 17.07% | -127 | -$22.0M |
| 6 | 90-DAY BANK BILL Mar28 | — | 12.91% | -248 | -$16.6M |
| 7 | USD/CNH PH FUT Dec26 | — | 11.23% | -145 | -$14.5M |
| 8 | JPN 10Y BOND(OSE) Dec26 | — | 8.13% | -13 | -$10.5M |
| 9 | CAN 10YR BOND FUT Dec26 | — | 4.17% | -64 | -$5.4M |
| 10 | EURO-BUND FUTURE Dec26 | — | 4.14% | -39 | -$5.3M |
| 11 | EURO FX CURR FUT Dec26 | — | 4.13% | -38 | -$5.3M |
| 12 | C$ CURRENCY FUT Dec26 | — | 4.02% | -72 | -$5.2M |
| 13 | US 10YR NOTE (CBT)Dec26 | — | 3.89% | -47 | -$5.0M |
| 14 | AUST 10Y BOND FUT Dec26 | — | 3.73% | -72 | -$4.8M |
| 15 | CHF CURRENCY FUT Dec26 | — | 2.61% | -22 | -$3.4M |
| 16 | JPN YEN CURR FUT Dec26 | — | 2.54% | -41 | -$3.3M |
| 17 | NEW ZEALAND $ FUT Dec26 | — | 2.37% | -54 | -$3.0M |
| 18 | Euro-BTP Future Dec26 | — | 1.94% | -20 | -$2.5M |
| 19 | IODEX IO FUT Dec26 | — | 1.42% | -202 | -$1.8M |
| 20 | FTSE/JSE TOP 40 Dec26 | — | 1.30% | -28 | -$1.7M |
| 21 | LONG GILT FUTURE Dec26 | — | 1.25% | -14 | -$1.6M |
| 22 | GOLD 100 OZ FUTR Dec26 | — | 1.21% | -4 | -$1.6M |
| 23 | HSCEI Futures Nov26 | — | 0.90% | -23 | -$1.2M |
| 24 | HANG SENG IDX FUT Nov26 | — | 0.69% | -6 | -$890.5K |
| 25 | Home Depot Inc/The | — | 0.49% | -19 | -$624.9K |
Click a ticker to see every ETF that owns it.
Sector Exposure
Geographic Exposure
Country weights as reported by the data provider. Developed/emerging/frontier labels follow the classification on the Methodology page. Currency hedged: No hedging indicated in the fund name.
Distributions
| Yield (TTM) | — | Paid (last 12 months) | — |
| Frequency | Irregular | SEC yield | Not provided by our data source; see the issuer page |
| Last ex-date | Dec 05, 2024 | Last payment | $0.0550 (Dec 09, 2024) |
| Growth 1Y | — | Growth 3Y / 5Y (ann.) | — / — |
| Ex-date | Record | Pay date | Amount |
|---|---|---|---|
| Dec 05, 2024 | Dec 05, 2024 | Dec 09, 2024 | $0.0550 |
Trailing distribution yield = last 12 months of cash ÷ current price. It is NOT the SEC 30-day yield and distributions are not guaranteed to continue. The difference explained →
Risk Statistics
| Volatility 1Y / 3Y | 15.94% / — | Sharpe 1Y / 3Y | 1.21 / — |
| Max drawdown 1Y / 3Y | -9.89% / — | Sortino 1Y | 1.64 |
| Beta vs S&P 500 (3Y) | 0.29 | Correlation vs S&P 500 (1Y) | 0.308 |
| Downside deviation 1Y | 11.77% | Risk-free rate used | 3.99% (3M T-bill, FRED) |
Computed by ETF Explorer from daily dividend-adjusted closes; volatility and drawdown are annualized/period figures; S&P 500 exposure proxied by SPY. As of Nov 03, 2026. Formulas →
Liquidity
| Volume today | 311.25K | Average volume | 19.74K |
| AUM | $71.4M | Premium/Discount | -0.88% |
| Bid/Ask spread | Not provided by our data source. Check your broker's quote screen; spreads are widest at the open and close. | ||
Premium/discount compares the delayed market price with the last reported NAV: an indicative figure, not the official closing premium/discount. How ETF liquidity works →
Fund Flows (estimated)
| Period | Est. net flow | % of starting AUM | AUM start → end |
|---|---|---|---|
| 1 Week | $274.3K | +0.38% | $72.2M → $71.4M |
| 1 Month | $1.4M | +1.92% | $72.3M → $71.4M |
ETF Explorer estimate: change in reported AUM minus the market-move effect, from our own daily snapshots. Not official issuer creation/redemption data.
Official Fund Resources
External links open the issuer's site or SEC EDGAR in a new tab. The prospectus and official documents are always the authoritative source; review them before investing.
Latest News for MFUT
No articles mention this fund directly in the last 7 days; showing general ETF coverage.
Guided help: AUM is fund size. The expense ratio is the yearly cost baked into returns. NAV is the value of what the fund owns per share; the market price can sit slightly above (premium) or below (discount) it. Total return assumes distributions were reinvested. Every dataset shows its own as-of date because holdings, assets and quotes update on different schedules.
MFUT