MPRO vs FFUT

Comparison between MONARCH PROCAP INDEX ETF (MPRO, ETF) and FIDELITY MANAGED FUTURES ETF (FFUT, ETF).

MPRO vs FFUT - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	MPRO(ETF)	FFUT(ETF)
Net Assets	$256M	$255M
Expense Ratio	1.07%	0.80%
Max Drawdown	15.13%	3.53%
Sharpe Ratio	1.32	1.38
5Y Beta	0.36	0.07

Net Assets

Winner

MPRO

$256M

FFUT

$255M

Expense Ratio

MPRO

1.07%

Winner

FFUT

0.80%

Max Drawdown

MPRO

15.13%

Winner

FFUT

3.53%

Sharpe Ratio

MPRO

1.32

Winner

FFUT

1.38

5Y Beta

MPRO

0.36

Winner

FFUT

0.07

MPRO vs FFUT - Historical Returns

Returns include dividend reinvestment.

Period	MPRO	FFUT
1 month	+1.96%	-1.63%
3 months	+3.30%	+5.20%
6 months	+7.04%	+11.52%
1 year	+13.76%	+19.75%
5 years(CAGR)	+5.71%	N/A
Max(CAGR)	+6.97%	+18.99%

Winner

MPRO

+1.96%

FFUT

-1.63%

MPRO

+3.30%

Winner

FFUT

+5.20%

MPRO

+7.04%

Winner

FFUT

+11.52%

MPRO

+13.76%

Winner

FFUT

+19.75%

5Y(CAGR)

MPRO

+5.71%

FFUT

N/A

Max(CAGR)

MPRO

+6.97%

Winner

FFUT

+18.99%

MPRO vs FFUT - Annual Returns (2021 - 2026)

Returns include dividend reinvestment.

Year	MPRO	FFUT
2026	+6.79%	+9.80%
2025	+9.47%	+8.26%
2024	+8.55%	N/A
2023	+11.36%	N/A
2022	-9.85%	N/A
2021	+11.80%	N/A

MPRO vs FFUT Drawdown Comparison

The maximum drawdown for MPRO was -14.51%, occurring on Oct 14, 2022. Recovery took 521 trading sessions.

The maximum drawdown for FFUT was -2.93%, occurring on Jun 15, 2026. This drawdown has not yet recovered.

The current FFUT drawdown is -2.93%.

Rank	MPRO	FFUT
#1	-14.51% Jan 4, 2022 - Feb 1, 2024	-2.93% Jun 2, 2026 - Jun 15, 2026
#2	-9.64% Sep 30, 2024 - Jul 23, 2025	-2.84% Mar 18, 2026 - Apr 7, 2026
#3	-5.67% Feb 27, 2026 - May 28, 2026	-2.67% Jan 29, 2026 - Feb 11, 2026
#4	-3.97% Nov 8, 2021 - Dec 27, 2021	-2.63% Jul 24, 2025 - Sep 8, 2025
#5	-3.84% Mar 28, 2024 - May 15, 2024	-2.47% Apr 7, 2026 - Apr 23, 2026
#6	-2.56% Nov 28, 2025 - Jan 9, 2026	-2.45% May 19, 2026 - Jun 2, 2026
#7	-2.45% Oct 27, 2025 - Nov 26, 2025	-2.35% Nov 12, 2025 - Dec 1, 2025
#8	-1.81% May 7, 2021 - Jun 1, 2021	-2.22% Dec 1, 2025 - Jan 5, 2026
#9	-1.80% May 15, 2024 - Jun 5, 2024	-2.17% Feb 11, 2026 - Feb 25, 2026
#10	-1.71% Aug 2, 2024 - Aug 15, 2024	-2.07% Feb 25, 2026 - Mar 11, 2026
#11	-1.70% Sep 3, 2021 - Oct 19, 2021	-2.05% Oct 13, 2025 - Nov 11, 2025
#12	-1.68% Sep 11, 2025 - Oct 1, 2025	-1.88% Jan 15, 2026 - Jan 28, 2026
#13	-1.58% Jun 10, 2021 - Jul 29, 2021	-1.65% Apr 29, 2026 - May 12, 2026
#14	-1.23% Apr 16, 2021 - Apr 28, 2021	-1.41% Oct 9, 2025 - Oct 13, 2025
#15	-1.21% Feb 2, 2024 - Feb 15, 2024	-1.33% Jun 6, 2025 - Jul 1, 2025