FMF vs BSCZ

Comparison between FIRST TRUST MANAGED FUTURES STRATEGY FUND (FMF, ETF) and Invesco BulletShares 2035 Corporate Bond ETF (BSCZ, ETF).

FMF vs BSCZ - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	FMF(ETF)	BSCZ(ETF)
Net Assets	$260M	$259M
Expense Ratio	0.98%	0.10%
Max Drawdown	24.79%	4.42%
Sharpe Ratio	1.39	0.45
5Y Beta	0.10	0.18
5Y Dividends CAGR	228.25%	N/A

Net Assets

Winner

FMF

$260M

BSCZ

$259M

Expense Ratio

FMF

0.98%

Winner

BSCZ

0.10%

Max Drawdown

FMF

24.79%

Winner

BSCZ

4.42%

Sharpe Ratio

Winner

FMF

1.39

BSCZ

0.45

5Y Beta

Winner

FMF

0.10

BSCZ

0.18

5Y Dividends CAGR

FMF

228.25%

BSCZ

N/A

FMF vs BSCZ - Holdings Comparison

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

FMF's top 25 holdings weight is 15.01%. BSCZ's top 25 holdings weight is 19.15%.

Rank	FMF	BSCZ
#1	MORGAN STANLEY INSTL LQUDTY TRS INSTL (MISXX) - 15.01%	META PLATFORMS INC 4.875% (n/a) - 2.24%
#2	N/A	ORACLE CORP. 5.2% (n/a) - 1.35%
#3	N/A	ALPHABET INC. 4.7% (n/a) - 1.22%
#4	N/A	AMAZON.COM, INC. 4.65% (n/a) - 1.21%
#5	N/A	BROADCOM INC 5.2% (n/a) - 0.89%
#6	N/A	ABBVIE INC. 4.5% (n/a) - 0.86%
#7	N/A	SYNOPSYS INC 5.15% (n/a) - 0.85%
#8	N/A	AT&T INC 4.5% (n/a) - 0.84%
#9	N/A	VERIZON COMMUNICATIONS INC. 5.25% (n/a) - 0.81%
#10	N/A	VERIZON COMMUNICATIONS INC. 4.78% (n/a) - 0.75%
#11	N/A	n/a (n/a) - 0.72%
#12	N/A	MARSH & MCLENNAN COMPANIES, INC. 5% (n/a) - 0.71%
#13	N/A	MEDTRONIC, INC. 4.375% (n/a) - 0.66%
#14	N/A	MERCK & CO., INC 4.95% (n/a) - 0.62%
#15	N/A	CATERPILLAR INC 5.2% (n/a) - 0.62%
#16	N/A	ORACLE CORP. 5.5% (n/a) - 0.60%
#17	N/A	GLOBAL PAYMENTS INC 5.55% (n/a) - 0.59%
#18	N/A	TAKEDA US FINANCING INC. 5.2% (n/a) - 0.59%
#19	N/A	ABBVIE INC. 4.55% (n/a) - 0.58%
#20	N/A	HCA INC. 5.75% (n/a) - 0.55%
#21	N/A	n/a (n/a) - 0.39%
#22	N/A	WALT DISNEY COMPANY 6.4% (n/a) - 0.38%
#23	N/A	MASTERCARD INCORPORATED 4.55% (n/a) - 0.38%
#24	N/A	PLAINS ALL AMERICAN PIPELINE L.P. 5.95% (n/a) - 0.37%
#25	N/A	ORACLE CORP. 3.9% (n/a) - 0.37%
Total Holdings	1	274

FMF vs BSCZ - Historical Returns

Returns include dividend reinvestment.

Period	FMF	BSCZ
1 month	-1.52%	+0.38%
3 months	+0.35%	+0.95%
6 months	+10.39%	+0.90%
1 year	+18.03%	+5.57%
5 years(CAGR)	+4.29%	N/A
10 years(CAGR)	+2.70%	N/A
Max(CAGR)	+1.98%	+6.00%

FMF

-1.52%

Winner

BSCZ

+0.38%

FMF

+0.35%

Winner

BSCZ

+0.95%

Winner

FMF

+10.39%

BSCZ

+0.90%

Winner

FMF

+18.03%

BSCZ

+5.57%

5Y(CAGR)

FMF

+4.29%

BSCZ

N/A

10Y(CAGR)

FMF

+2.70%

BSCZ

N/A

Max(CAGR)

FMF

+1.98%

Winner

BSCZ

+6.00%

FMF vs BSCZ - Annual Returns (2013 - 2026)

Returns include dividend reinvestment.

Year	FMF	BSCZ
2026	+8.20%	+0.42%
2025	+4.23%	+5.67%
2024	+7.67%	N/A
2023	-0.38%	N/A
2022	+4.68%	N/A
2021	+3.45%	N/A
2020	+5.25%	N/A
2019	-5.32%	N/A
2018	-2.31%	N/A
2017	+2.33%	N/A
2016	-4.09%	N/A
2015	-0.47%	N/A
2014	-1.10%	N/A
2013	+3.46%	N/A

FMF vs BSCZ Drawdown Comparison

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

The maximum drawdown for BSCZ was -3.28%, occurring on Mar 27, 2026. This drawdown has not yet recovered.

The current FMF drawdown is -1.75%. The current BSCZ drawdown is -1.32%.

Rank	FMF	BSCZ
#1	-22.22% Apr 2, 2014 - Mar 14, 2022	-3.28% Feb 27, 2026 - Mar 27, 2026
#2	-14.98% Jun 14, 2022 - Oct 6, 2025	-1.63% Oct 27, 2025 - Feb 10, 2026
#3	-7.98% Mar 14, 2022 - Jun 9, 2022	-1.37% Jun 30, 2025 - Jul 29, 2025
#4	-3.58% Dec 30, 2013 - Mar 27, 2014	-1.15% Sep 15, 2025 - Oct 14, 2025
#5	-3.42% Mar 12, 2026 - Apr 2, 2026	-0.72% Aug 13, 2025 - Aug 22, 2025
#6	-3.12% Oct 15, 2025 - Jan 9, 2026	-0.61% Aug 28, 2025 - Sep 4, 2025
#7	-2.51% May 18, 2026 - Jun 10, 2026	-0.57% Jun 12, 2025 - Jun 23, 2025
#8	-2.31% Feb 11, 2026 - Feb 19, 2026	-0.41% Aug 4, 2025 - Aug 13, 2025
#9	-2.22% Aug 2, 2013 - Oct 10, 2013	-0.22% Jul 29, 2025 - Aug 1, 2025
#10	-1.69% Feb 4, 2026 - Feb 6, 2026	-0.17% Aug 22, 2025 - Aug 28, 2025
#11	-1.56% Jan 15, 2026 - Feb 3, 2026	-0.14% Sep 11, 2025 - Sep 15, 2025
#12	-1.47% Oct 22, 2013 - Nov 14, 2013	-0.14% Sep 8, 2025 - Sep 10, 2025
#13	-1.28% Apr 29, 2026 - May 12, 2026	-0.14% Oct 16, 2025 - Oct 20, 2025
#14	-1.27% Mar 2, 2026 - Mar 4, 2026	-0.12% Oct 22, 2025 - Oct 24, 2025
#15	-1.18% Oct 8, 2025 - Oct 13, 2025	-0.12% Feb 10, 2026 - Feb 12, 2026

Correlation

Correlation between FMF and BSCZ is 0.80 which considered as a strong positive correlation - the stocks tend to move together.

0.80

-101

Dividend Comparison (2013 - 2026)

FMF vs BSCZ dividend yield comparison.

Year	FMF	BSCZ
2026	0.37%	1.86%
2025	5.60%	2.18%
2024	4.85%	0.00%
2023	3.09%	0.00%
2022	0.41%	0.00%
2021	3.29%	0.00%
2020	0.02%	0.00%
2019	1.05%	0.00%
2018	1.56%	0.00%
2017	0.82%	0.00%
2013	2.38%	0.00%