FMF vs ADME

Comparison between FIRST TRUST MANAGED FUTURES STRATEGY FUND (FMF, ETF) and APTUS DRAWDOWN MANAGED EQUITY ETF (ADME, ETF).

5-Year PerformanceADME has outperformed FMF, delivering a return of +7.7% compared to +4.2%

FMF vs ADME - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	FMF(ETF)	ADME(ETF)
Net Assets	$266M	$265M
Expense Ratio	0.98%	0.79%
Max Drawdown	24.79%	28.73%
Sharpe Ratio	1.52	1.31
5Y Beta	0.10	0.76
P/E Ratio	N/A	29.06
Forward P/E	N/A	22.90
PEG Ratio	N/A	0.61
5Y Dividends CAGR	228.25%	9.93%
5Y EPS CAGR	N/A	26.36%
Debt to Equity	N/A	10.45%
P/S Ratio	N/A	4.28
P/B Ratio	N/A	5.89

Net Assets

Winner

FMF

$266M

ADME

$265M

Expense Ratio

FMF

0.98%

Winner

ADME

0.79%

Max Drawdown

Winner

FMF

24.79%

ADME

28.73%

Sharpe Ratio

Winner

FMF

1.52

ADME

1.31

5Y Beta

Winner

FMF

0.10

ADME

0.76

P/E Ratio

FMF

N/A

ADME

29.06

Forward P/E

FMF

N/A

ADME

22.90

PEG Ratio

FMF

N/A

ADME

0.61

5Y Dividends CAGR

Winner

FMF

228.25%

ADME

9.93%

5Y EPS CAGR

FMF

N/A

ADME

26.36%

Debt to Equity

FMF

N/A

ADME

10.45%

P/S Ratio

FMF

N/A

ADME

4.28

P/B Ratio

FMF

N/A

ADME

5.89

FMF vs ADME - Holdings Comparison

FMF and ADME have 0 common holdings. Overlap is 0.00%

FMF's top 25 holdings weight is 14.80%. ADME's top 25 holdings weight is 57.73%.

Rank	FMF	ADME
#1	MORGAN STANLEY INSTL LQUDTY TRS INSTL (MISXX) - 14.80%	NVIDIA CORP (NVDA) - 7.80%
#2	N/A	APPLE INC (AAPL) - 6.57%
#3	N/A	ALPHABET INC CLASS C (GOOG) - 6.48%
#4	N/A	MICROSOFT CORP (MSFT) - 4.98%
#5	N/A	AMAZON.COM INC (AMZN) - 4.30%
#6	N/A	BROADCOM INC (AVGO) - 3.17%
#7	N/A	META PLATFORMS INC CLASS A (META) - 2.16%
#8	N/A	CATERPILLAR INC (CAT) - 1.93%
#9	N/A	TESLA INC (TSLA) - 1.79%
#10	N/A	VISA INC CLASS A (V) - 1.69%
#11	N/A	JPMORGAN CHASE & CO (JPM) - 1.64%
#12	N/A	EXXON MOBIL CORP (XOM) - 1.42%
#13	N/A	BERKSHIRE HATHAWAY INC CLASS B (BRK-B) - 1.40%
#14	N/A	ELI LILLY AND CO (LLY) - 1.26%
#15	N/A	WALMART INC (WMT) - 1.24%
#16	N/A	BLACKROCK INC (BLK) - 1.11%
#17	N/A	SOUTHERN CO (SO) - 1.09%
#18	N/A	MICRON TECHNOLOGY INC (MU) - 1.05%
#19	N/A	LAM RESEARCH CORP (LRCX) - 1.04%
#20	N/A	VIX US 05/19/26 C25 (n/a) - 0.96%
#21	N/A	PEPSICO INC (PEP) - 0.96%
#22	N/A	NETFLIX INC (NFLX) - 0.93%
#23	N/A	ADVANCED MICRO DEVICES INC (AMD) - 0.92%
#24	N/A	CITIGROUP INC (C) - 0.92%
#25	N/A	LINDE PLC (LIN) - 0.92%
Total Holdings	1	155

FMF vs ADME - Historical Returns

Returns include dividend reinvestment.

Period	FMF	ADME
1 month	-1.07%	+1.35%
3 months	+1.23%	+6.83%
6 months	+9.42%	+6.33%
1 year	+18.71%	+18.68%
5 years(CAGR)	+4.23%	+7.74%
10 years(CAGR)	+2.80%	+8.77%
Max(CAGR)	+1.97%	+8.77%

FMF

-1.07%

Winner

ADME

+1.35%

FMF

+1.23%

Winner

ADME

+6.83%

Winner

FMF

+9.42%

ADME

+6.33%

Winner

FMF

+18.71%

ADME

+18.68%

5Y(CAGR)

FMF

+4.23%

Winner

ADME

+7.74%

10Y(CAGR)

FMF

+2.80%

Winner

ADME

+8.77%

Max(CAGR)

FMF

+1.97%

Winner

ADME

+8.77%

FMF vs ADME - Annual Returns (2013 - 2026)

Returns include dividend reinvestment.

Year	FMF	ADME
2026	+8.02%	+7.41%
2025	+4.23%	+10.41%
2024	+7.67%	+22.67%
2023	-0.38%	+15.72%
2022	+4.68%	-21.79%
2021	+3.45%	+21.95%
2020	+5.25%	+18.23%
2019	-5.32%	+9.15%
2018	-2.31%	-6.62%
2017	+2.33%	+17.13%
2016	-4.09%	+3.40%
2015	-0.47%	N/A
2014	-1.10%	N/A
2013	+3.46%	N/A

FMF vs ADME Drawdown Comparison

The maximum drawdown for FMF was -22.22%, occurring on Mar 24, 2020. Recovery took 2001 trading sessions.

The maximum drawdown for ADME was -27.49%, occurring on Mar 23, 2020. Recovery took 572 trading sessions.

The current FMF drawdown is -1.91%. The current ADME drawdown is -2.95%.

Rank	FMF	ADME
#1	-22.22% Apr 2, 2014 - Mar 14, 2022	-27.49% Oct 1, 2018 - Jan 8, 2021
#2	-14.98% Jun 14, 2022 - Oct 6, 2025	-23.43% Dec 29, 2021 - Jun 5, 2024
#3	-7.98% Mar 14, 2022 - Jun 9, 2022	-15.67% Jan 23, 2025 - Jul 3, 2025
#4	-3.58% Dec 30, 2013 - Mar 27, 2014	-9.66% Jan 26, 2018 - May 9, 2018
#5	-3.42% Mar 12, 2026 - Apr 2, 2026	-9.37% Jul 11, 2016 - Dec 8, 2016
#6	-3.12% Oct 15, 2025 - Jan 9, 2026	-7.49% Feb 25, 2026 - Apr 15, 2026
#7	-2.31% Feb 11, 2026 - Feb 19, 2026	-7.47% Jun 20, 2018 - Aug 28, 2018
#8	-2.22% Aug 2, 2013 - Oct 10, 2013	-6.93% Mar 1, 2017 - May 25, 2017
#9	-1.91% May 18, 2026 - Jun 5, 2026	-6.04% Jul 16, 2024 - Aug 21, 2024
#10	-1.69% Feb 4, 2026 - Feb 6, 2026	-5.51% Feb 12, 2021 - Apr 5, 2021
#11	-1.56% Jan 15, 2026 - Feb 3, 2026	-5.49% Sep 2, 2021 - Oct 25, 2021
#12	-1.47% Oct 22, 2013 - Nov 14, 2013	-4.93% Jul 21, 2017 - Sep 29, 2017
#13	-1.28% Apr 29, 2026 - May 12, 2026	-4.49% Oct 28, 2025 - Feb 25, 2026
#14	-1.27% Mar 2, 2026 - Mar 4, 2026	-4.09% Dec 6, 2024 - Jan 23, 2025
#15	-1.18% Oct 8, 2025 - Oct 13, 2025	-3.90% Nov 28, 2017 - Jan 3, 2018

Correlation

Correlation between FMF and ADME is 0.85 which considered as a strong positive correlation - the stocks tend to move together.

0.85

-101

Dividend Comparison (2013 - 2026)

FMF vs ADME dividend yield comparison.

Year	FMF	ADME
2026	0.37%	0.13%
2025	5.60%	0.38%
2024	4.85%	0.47%
2023	3.09%	0.78%
2022	0.41%	0.73%
2021	3.29%	0.26%
2020	0.02%	0.41%
2019	1.05%	0.70%
2018	1.56%	0.86%
2017	0.82%	0.32%
2016	0.00%	0.69%
2013	2.38%	0.00%