FMF vs QTOP

Comparison between FIRST TRUST MANAGED FUTURES STRATEGY FUND (FMF, ETF) and ISHARES NASDAQ TOP 30 STOCKS ETF (QTOP, ETF).

FMF vs QTOP - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	FMF(ETF)	QTOP(ETF)
Net Assets	$266M	$266M
Expense Ratio	0.98%	0.20%
Max Drawdown	24.79%	23.45%
Sharpe Ratio	1.52	1.64
5Y Beta	0.10	1.24
P/E Ratio	N/A	39.71
Forward P/E	N/A	28.51
PEG Ratio	N/A	0.57
5Y Dividends CAGR	228.25%	N/A
5Y EPS CAGR	N/A	34.06%
Debt to Equity	N/A	37.98%
P/S Ratio	N/A	6.80
P/B Ratio	N/A	11.51

Net Assets

FMF

$266M

Winner

QTOP

$266M

Expense Ratio

FMF

0.98%

Winner

QTOP

0.20%

Max Drawdown

FMF

24.79%

Winner

QTOP

23.45%

Sharpe Ratio

FMF

1.52

Winner

QTOP

1.64

5Y Beta

Winner

FMF

0.10

QTOP

1.24

P/E Ratio

FMF

N/A

QTOP

39.71

Forward P/E

FMF

N/A

QTOP

28.51

PEG Ratio

FMF

N/A

QTOP

0.57

5Y Dividends CAGR

FMF

228.25%

QTOP

N/A

5Y EPS CAGR

FMF

N/A

QTOP

34.06%

Debt to Equity

FMF

N/A

QTOP

37.98%

P/S Ratio

FMF

N/A

QTOP

6.80

P/B Ratio

FMF

N/A

QTOP

11.51

FMF vs QTOP - Holdings Comparison

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

FMF's top 25 holdings weight is 14.80%. QTOP's top 25 holdings weight is 93.97%.

Rank	FMF	QTOP
#1	MORGAN STANLEY INSTL LQUDTY TRS INSTL (MISXX) - 14.80%	NVIDIA CORP (NVDA) - 11.65%
#2	N/A	APPLE INC (AAPL) - 9.43%
#3	N/A	MICROSOFT CORP (MSFT) - 6.78%
#4	N/A	AMAZON.COM INC (AMZN) - 6.13%
#5	N/A	ALPHABET INC CLASS A (GOOGL) - 4.99%
#6	N/A	MICRON TECHNOLOGY INC (MU) - 4.68%
#7	N/A	ALPHABET INC CLASS C (GOOG) - 4.61%
#8	N/A	BROADCOM INC (AVGO) - 4.41%
#9	N/A	ADVANCED MICRO DEVICES INC (AMD) - 4.19%
#10	N/A	WALMART INC (WMT) - 3.94%
#11	N/A	TESLA INC (TSLA) - 3.85%
#12	N/A	META PLATFORMS INC CLASS A (META) - 3.56%
#13	N/A	INTEL CORP (INTC) - 3.30%
#14	N/A	COSTCO WHOLESALE CORP (COST) - 2.92%
#15	N/A	CISCO SYSTEMS INC (CSCO) - 2.86%
#16	N/A	NETFLIX INC (NFLX) - 2.31%
#17	N/A	LAM RESEARCH CORP (LRCX) - 2.12%
#18	N/A	APPLIED MATERIALS INC (AMAT) - 2.00%
#19	N/A	PALANTIR TECHNOLOGIES INC ORDINARY SHARES CLASS A (PLTR) - 1.89%
#20	N/A	TEXAS INSTRUMENTS INC (TXN) - 1.66%
#21	N/A	LINDE PLC (LIN) - 1.44%
#22	N/A	KLA CORP (KLAC) - 1.40%
#23	N/A	QUALCOMM INC (QCOM) - 1.32%
#24	N/A	T-MOBILE US INC (TMUS) - 1.28%
#25	N/A	ANALOG DEVICES INC (ADI) - 1.25%
Total Holdings	1	34

FMF vs QTOP - Historical Returns

Returns include dividend reinvestment.

Period	FMF	QTOP
1 month	-1.07%	+2.96%
3 months	+1.23%	+17.31%
6 months	+9.42%	+14.39%
1 year	+18.71%	+38.70%
5 years(CAGR)	+4.23%	N/A
10 years(CAGR)	+2.80%	N/A
Max(CAGR)	+1.97%	+28.32%

FMF

-1.07%

Winner

QTOP

+2.96%

FMF

+1.23%

Winner

QTOP

+17.31%

FMF

+9.42%

Winner

QTOP

+14.39%

FMF

+18.71%

Winner

QTOP

+38.70%

5Y(CAGR)

FMF

+4.23%

QTOP

N/A

10Y(CAGR)

FMF

+2.80%

QTOP

N/A

Max(CAGR)

FMF

+1.97%

Winner

QTOP

+28.32%

FMF vs QTOP - Annual Returns (2013 - 2026)

Returns include dividend reinvestment.

Year	FMF	QTOP
2026	+8.02%	+15.85%
2025	+4.23%	+22.66%
2024	+7.67%	+5.80%
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 QTOP Drawdown Comparison

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

The maximum drawdown for QTOP was -23.28%, occurring on Apr 8, 2025. Recovery took 128 trading sessions.

The current FMF drawdown is -1.91%. The current QTOP drawdown is -5.97%.

Rank	FMF	QTOP
#1	-22.22% Apr 2, 2014 - Mar 14, 2022	-23.28% Dec 16, 2024 - Jun 24, 2025
#2	-14.98% Jun 14, 2022 - Oct 6, 2025	-12.88% Oct 29, 2025 - Apr 15, 2026
#3	-7.98% Mar 14, 2022 - Jun 9, 2022	-5.97% Jun 2, 2026 - Jun 5, 2026
#4	-3.58% Dec 30, 2013 - Mar 27, 2014	-3.48% Oct 8, 2025 - Oct 20, 2025
#5	-3.42% Mar 12, 2026 - Apr 2, 2026	-3.44% Oct 29, 2024 - Nov 6, 2024
#6	-3.12% Oct 15, 2025 - Jan 9, 2026	-3.35% Nov 8, 2024 - Dec 3, 2024
#7	-2.31% Feb 11, 2026 - Feb 19, 2026	-3.24% Aug 12, 2025 - Sep 10, 2025
#8	-2.22% Aug 2, 2013 - Oct 10, 2013	-3.07% May 14, 2026 - May 26, 2026
#9	-1.91% May 18, 2026 - Jun 5, 2026	-2.29% Jul 30, 2025 - Aug 6, 2025
#10	-1.69% Feb 4, 2026 - Feb 6, 2026	-1.67% Sep 22, 2025 - Oct 2, 2025
#11	-1.56% Jan 15, 2026 - Feb 3, 2026	-1.14% Apr 17, 2026 - Apr 22, 2026
#12	-1.47% Oct 22, 2013 - Nov 14, 2013	-1.13% Oct 20, 2025 - Oct 24, 2025
#13	-1.28% Apr 29, 2026 - May 12, 2026	-1.13% Jun 30, 2025 - Jul 3, 2025
#14	-1.27% Mar 2, 2026 - Mar 4, 2026	-1.05% Jul 3, 2025 - Jul 14, 2025
#15	-1.18% Oct 8, 2025 - Oct 13, 2025	-1.00% Apr 27, 2026 - Apr 30, 2026

Correlation

Correlation between FMF and QTOP 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 QTOP dividend yield comparison.

Year	FMF	QTOP
2026	0.37%	0.08%
2025	5.60%	0.38%
2024	4.85%	0.11%
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%