FMF:NYE-First Trust Managed Futures Strategy Fund (USD)

ETF | Managed Futures |

Last Closing

USD 47.66

Change

0.00 (0.00)%

Market Cap

USD 0.15B

Volume

0.03M

Analyst Target

N/A
Analyst Rating

Verdict

ducovest Verdict

Verdict

About

The fund is an actively managed exchange-traded fund that seeks to achieve positive returns that are not directly correlated to broad market equity or fixed income returns. Under normal market conditions, the fund and a wholly-owned subsidiary of the fund organized under the laws of the Cayman Islands, invest significantly in a portfolio of exchange-listed futures.

Unadjusted Closing Price

Adjusted Closing Price

Share Volume

Relative Performance (Total Returns)

Compare
Relative Returns (From:    To: 2024-12-25 )

Largest Industry Peers for Managed Futures

Symbol Name Price(Change) Market Cap
DBMF iMGP DBi Managed Futures Strat..

N/A

USD 1.24B
WTMF WisdomTree Managed Futures Str..

N/A

USD 0.19B

ETFs Containing FMF

N/A

Market Performance

  Market Performance vs. Industry/Classification (Managed Futures) Market Performance vs. Exchange
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
YTD  
Capital Gain 3.36% 67% D+ 49% F
Dividend Return 2.09% 33% F 34% F
Total Return 5.46% 67% D+ 43% F
Trailing 12 Months  
Capital Gain 3.29% 67% D+ 50% F
Dividend Return 2.09% 33% F 34% F
Total Return 5.39% 67% D+ 44% F
Trailing 5 Years  
Capital Gain 11.07% 100% F 57% F
Dividend Return 9.52% 33% F 29% F
Total Return 20.59% 33% F 48% F
Average Annual (5 Year Horizon)  
Capital Gain 2.68% 67% D+ 43% F
Dividend Return 4.21% 33% F 40% F
Total Return 1.53% 33% F 38% F
Risk Return Profile  
Volatility (Standard Deviation) 5.32% 100% F 92% A
Risk Adjusted Return 79.14% 67% D+ 88% B+
Market Capitalization 0.15B 33% F 32% F

Annual Financials (USD)

Quarterly Financials (USD)

Analyst Rating

Target Price Action Rating Action Analyst Rating Price Date

This is a composite scorecard based on the application of evaluation criteria deemed most important by analysts. This is not a buy or sell recommendation.

What to like:
Underpriced compared to book value

The stock is trading low compared to its peers on a price to book value basis and is in the top quartile. It may be underpriced but do check its financial performance to make sure there is no specific reason.

Low volatility

The stock’s annual returns have been stable and consistent compared to its sector peers(for a hold period of at least 12 months) and is in the top quartile. Although stability is good, also keep in mind it can limit returns.

Positive free cash flow

The company had positive total free cash flow in the most recent four quarters.

Underpriced on free cash flow basis

The stock is trading low compared to its peers on a price to free cash flow basis and is in the top quartile. It may be underpriced but do check its financial performance to make sure there is no specific reason.

What to not like:
Below median dividend returns

The company’s average income yield over the past 5 years has been low compared to its peers. However, it is not a problem if you are not looking for income.

Below median total returns

The company has under performed its peers on annual average total returns in the past 5 years.

Low market capitalization

This is among the smaller entities in its sectors with below median market capitalization. That may make it less stable in the long run unless it has a unique technology or market which can help it grow or get acquired in future.