FUT

ProShares Managed Futures Strategy ETF
D

59
*Unless otherwise stated, data provided by FactSet.

FUT Fund Description

FUT provides exposure to commodity, currency and Treasury futures, weighted by risk contribution to the portfolio. Price momentum determines whether the actively-managed fund takes long or short positions in each contract.

FUT Factset Analytics Insight

FUT aims to benefit from price trends in commodities, currencies and Treasurys—regardless of direction. It allocates equally to related futures contracts by their risk contribution to the portfolio, measured by covariance. Assets with returns that are more volatile and more likely to move in tandem with other assets receive less weight and vice versa. The fund has long exposure to futures with positive price momentum and short exposure to those with negative price momentum. The ETF does not explicitly track an index as a passive fund would, but nonetheless uses the S&P Strategic Futures Index as a performance benchmark.FUT does not hold futures contracts but gets its exposure through a Cayman Island subsidiary, an approach that’s increasingly common among alternative ETFs. In this, FUT differs from its predecessor FUTS, which was organized as a commodity pool. FUTS, which explicitly tracked the same S&P index, closed in March 2016 with a tiny asset base. FUT charges a competitive fee in context.

FUT CHARTS AND PERFORMANCE

Price Chart ($)
Total Return Chart (%)
  • 1 Month
  • 3 Months
  • YTD
  • 1 Year
  • 3 Years
  • 5 Years
  • Max
  • 1 Month
  • 3 Months
  • YTD
  • 1 Year
  • 3 Years
  • 5 Years
  • Max
COMPARE
RESET
Select ETFs to compare their performance:
PERFORMANCE [as of 12/13/18] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
FUT 0.19% 0.28% 0.74% 1.70% -- -- --
FUT (NAV) 0.82% 0.71% 1.62% 1.93% -- -- --
No Underlying Index -- -- -- -- -- -- --
N/A -- -- -- -- -- -- --
All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

FUT Summary Data

ProShares
02/17/16
Open-Ended Fund
0.75%
$3.04M
$59.05K
0.35%

FUT Portfolio Data

Long/Short Broad-based
0.32%
12/26/18
--

FUT Index Data

No Underlying Index
Proprietary
Proprietary
N/A

FUT Portfolio Management

0.75%
--
--
--

FUT Tax Exposures

20.00% / 39.60%
--
Ordinary income
No

FUT Fund Structure

Open-Ended Fund
No
No
No Policy
N/A
N/A
High
Daily
Bats Book Viewer
TOP OF BOOK
LAST 10 TRADES
Bats BZX Real-time Quote -
Daily Spread
Premium/Discount
Volume

FUT Factset Analytics Block Liquidity

As of 12/14/18
5
4
3
2
1

This measurement shows how easy it is to trade a $1 million USD block of FUT. FUT is rated a 5 out of 5.

FUT Tradability

1,169
$59.05K
2
0
0.35%
$0.14
0.03%
1.00% / -2.11%
None
100.00%
25,000
0.00
0.02%
--
--
$40.45
5

FUT Asset Allocation

Short
Long
Net
--
--

0.00%

--
--

0.00%

--
--

0.00%

--
--

0.00%

FUT Top 5 Holdings Long

100.00%

FUT Top 5 Holdings Short

--

FUT Performance Statistics

1.93%
1.20%
-1.85%
-0.01
-0.01
0.02
-0.02

FUT Correlations (DAILY RETURNS 12 MO)

0.06
-0.01
0.27

Correlation (Rolling 30 Day, 12 Mo)