# First Trust Managed Futures Strategy Fund (FMF)

> Source: Nexqual · https://nexqual.com/FMF · data as of 2026-10-23 19:59 UTC · cite as "Nexqual, First Trust Managed Futures Strategy Fund (FMF), nexqual.com/FMF" · informational, not investment advice.

**Price:** USD 51.95 (+0.08% on the day) · last close of Oct 23, 2026; US market closed, not a live price. Prev close 51.91 · day 51.67–52 · 52w 46.42–54.15 · market cap null · PCX

## Key facts
- Total return with dividends: 1Y +11.3% vs S&P 500 +14.0%; 5Y +29.8% vs S&P 500 +76.9%.

## Total return (dividends reinvested)
|  | 1Y (from 2025-10-24) | 5Y (from 2021-10-25) |
|---|---|---|
| Total return | +11.3% | +29.8% |
| S&P 500 (SPY) | +14.0% | +76.9% |
| Per year | +11.4% | +5.3% |
| Volatility (annualized) | 9.5% | 8.3% |
| Max drawdown | -4.5% (May 2026→Jul 2026) | -14.3% (Jun 2022→Mar 2023) |

## Peers
WTMF (WisdomTree Managed Futures Stra) USD 42.41 +0.50% · FTLS (First Trust Long/Short Equity) USD 76.68 +0.09% · FAAR (First Trust Alternative Absolut) USD 32.78 +0.58% · FJP (First Trust Japan AlphaDEX Fund) USD 73.21 -0.61% · FEM (First Trust Emerging Markets Al) USD 31.73 +0.09%

## More
Full page: https://nexqual.com/FMF · Free keyless MCP server with the same data and citations: https://mcp.nexqual.com/mcp · Guide for agents: https://nexqual.com/agents · https://nexqual.com/llms.txt