FMF vs VEXC

Comparison between FIRST TRUST MANAGED FUTURES STRATEGY FUND (FMF, ETF) and VANGUARD EMERGING MARKETS EX-CHINA ETF ETF SHARES (VEXC, ETF).

FMF vs VEXC - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	FMF(ETF)	VEXC(ETF)
Net Assets	$258M	$258M
Expense Ratio	0.98%	0.07%
Max Drawdown	24.79%	12.81%
Sharpe Ratio	0.80	1.25
5Y Beta	0.10	1.23
5Y Dividends CAGR	227.06%	N/A

Net Assets

FMF

$258M

Winner

VEXC

$258M

Expense Ratio

FMF

0.98%

Winner

VEXC

0.07%

Max Drawdown

FMF

24.79%

Winner

VEXC

12.81%

Sharpe Ratio

FMF

0.80

Winner

VEXC

1.25

5Y Beta

Winner

FMF

0.10

VEXC

1.23

5Y Dividends CAGR

FMF

227.06%

VEXC

N/A

FMF vs VEXC - Holdings Comparison

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

FMF's top 25 holdings weight is 32.95%. VEXC's top 25 holdings weight is 40.85%.

Rank	FMF	VEXC
#1	MORGAN STANLEY INSTL LQUDTY TRS INSTL (MISXX) - 32.95%	n/a (n/a) - 23.78%
#2	N/A	MEDIATEK INC (n/a) - 2.07%
#3	N/A	DELTA ELECTRONICS INC (n/a) - 1.25%
#4	N/A	HON HAI PRECISION INDUSTRY CO LTD (n/a) - 1.23%
#5	N/A	RELIANCE INDUSTRIES LTD (n/a) - 1.22%
#6	N/A	HDFC BANK LTD (n/a) - 1.18%
#7	N/A	ICICI BANK LTD (n/a) - 1.06%
#8	N/A	BHARTI AIRTEL LTD (n/a) - 0.83%
#9	N/A	ASE TECHNOLOGY HOLDING CO LTD (n/a) - 0.75%
#10	N/A	VALE SA (n/a) - 0.70%
#11	N/A	AL RAJHI BANK (n/a) - 0.65%
#12	N/A	n/a (n/a) - 0.61%
#13	N/A	UNITED MICROELECTRONICS CORP (n/a) - 0.58%
#14	N/A	SAUDI ARABIAN OIL CO (n/a) - 0.56%
#15	N/A	ELITE MATERIAL CO LTD (n/a) - 0.55%
#16	N/A	NASPERS LTD CLASS N (n/a) - 0.54%
#17	N/A	INFOSYS LTD (n/a) - 0.53%
#18	N/A	n/a (n/a) - 0.51%
#19	N/A	ANGLOGOLD ASHANTI PLC (AU) - 0.50%
#20	N/A	PETROLEO BRASILEIRO SA PETROBRAS (n/a) - 0.48%
#21	N/A	n/a (n/a) - 0.26%
#22	N/A	HINDUSTAN UNILEVER LTD (n/a) - 0.26%
#23	N/A	MARUTI SUZUKI INDIA LTD (n/a) - 0.25%
#24	N/A	TITAN CO LTD (n/a) - 0.25%
#25	N/A	n/a (n/a) - 0.25%
Total Holdings	1	994

FMF vs VEXC - Historical Returns

Returns include dividend reinvestment.

Period	FMF	VEXC
1 month	-0.21%	+4.23%
3 months	-2.65%	+3.79%
6 months	+1.05%	+7.55%
1 year	+10.49%	+26.62%
5 years(CAGR)	+4.70%	N/A
10 years(CAGR)	+2.71%	N/A
Max(CAGR)	+1.85%	+30.27%

FMF

-0.21%

Winner

VEXC

+4.23%

FMF

-2.65%

Winner

VEXC

+3.79%

FMF

+1.05%

Winner

VEXC

+7.55%

FMF

+10.49%

Winner

VEXC

+26.62%

5Y(CAGR)

FMF

+4.70%

VEXC

N/A

10Y(CAGR)

FMF

+2.71%

VEXC

N/A

Max(CAGR)

FMF

+1.85%

Winner

VEXC

+30.27%

FMF vs VEXC - Annual Returns (2013 - 2026)

Returns include dividend reinvestment.

Year	FMF	VEXC
2026	+6.90%	+19.11%
2025	+4.23%	+4.79%
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 VEXC Drawdown Comparison

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

The maximum drawdown for VEXC was -12.41%, occurring on Mar 30, 2026. Recovery took 36 trading sessions.

The current FMF drawdown is -2.92%. The current VEXC drawdown is -3.20%.

Rank	FMF	VEXC
#1	-22.22% Apr 2, 2014 - Mar 14, 2022	-12.41% Feb 25, 2026 - Apr 17, 2026
#2	-14.98% Jun 14, 2022 - Oct 6, 2025	-9.96% Jun 22, 2026 - Jul 29, 2026
#3	-7.98% Mar 14, 2022 - Jun 9, 2022	-5.78% Jun 2, 2026 - Jun 15, 2026
#4	-4.51% May 18, 2026 - Jul 2, 2026	-5.36% May 6, 2026 - May 26, 2026
#5	-3.58% Dec 30, 2013 - Mar 27, 2014	-3.55% Oct 29, 2025 - Dec 10, 2025
#6	-3.42% Mar 12, 2026 - Apr 2, 2026	-3.08% Oct 8, 2025 - Oct 15, 2025
#7	-3.12% Oct 15, 2025 - Jan 9, 2026	-2.59% Dec 10, 2025 - Dec 23, 2025
#8	-2.31% Feb 11, 2026 - Feb 19, 2026	-2.54% Jan 28, 2026 - Feb 6, 2026
#9	-2.22% Aug 2, 2013 - Oct 10, 2013	-1.85% Apr 27, 2026 - May 5, 2026
#10	-1.69% Feb 4, 2026 - Feb 6, 2026	-1.82% Apr 17, 2026 - Apr 24, 2026
#11	-1.56% Jan 15, 2026 - Feb 3, 2026	-1.47% Feb 11, 2026 - Feb 20, 2026
#12	-1.47% Oct 22, 2013 - Nov 14, 2013	-0.92% Feb 20, 2026 - Feb 24, 2026
#13	-1.28% Apr 29, 2026 - May 12, 2026	-0.86% Jun 15, 2026 - Jun 18, 2026
#14	-1.27% Mar 2, 2026 - Mar 4, 2026	-0.80% Jan 15, 2026 - Jan 22, 2026
#15	-1.18% Oct 8, 2025 - Oct 13, 2025	-0.79% Jan 6, 2026 - Jan 12, 2026

Correlation

Correlation between FMF and VEXC is 0.82 which considered as a strong positive correlation - the stocks tend to move together.

0.82

-101

Dividend Comparison (2013 - 2026)

FMF vs VEXC dividend yield comparison.

Year	FMF	VEXC
2026	0.83%	1.07%
2025	5.60%	0.43%
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%