QTOP vs FMF

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

QTOP vs FMF - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

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

Net Assets

Winner

QTOP

$266M

FMF

$266M

Expense Ratio

Winner

QTOP

0.20%

FMF

0.98%

Max Drawdown

Winner

QTOP

23.45%

FMF

24.79%

Sharpe Ratio

Winner

QTOP

1.64

FMF

1.52

5Y Beta

QTOP

1.24

Winner

FMF

0.10

P/E Ratio

QTOP

39.71

FMF

N/A

Forward P/E

QTOP

28.51

FMF

N/A

PEG Ratio

QTOP

0.57

FMF

N/A

5Y Dividends CAGR

QTOP

N/A

FMF

228.25%

5Y EPS CAGR

QTOP

34.06%

FMF

N/A

Debt to Equity

QTOP

37.98%

FMF

N/A

P/S Ratio

QTOP

6.80

FMF

N/A

P/B Ratio

QTOP

11.51

FMF

N/A

QTOP vs FMF - Holdings Comparison

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

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

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

QTOP vs FMF - Historical Returns

Returns include dividend reinvestment.

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

Winner

QTOP

+2.96%

FMF

-1.07%

Winner

QTOP

+17.31%

FMF

+1.23%

Winner

QTOP

+14.39%

FMF

+9.42%

Winner

QTOP

+38.70%

FMF

+18.71%

5Y(CAGR)

QTOP

N/A

FMF

+4.23%

10Y(CAGR)

QTOP

N/A

FMF

+2.80%

Max(CAGR)

Winner

QTOP

+28.32%

FMF

+1.97%

QTOP vs FMF - Annual Returns (2013 - 2026)

Returns include dividend reinvestment.

Year	QTOP	FMF
2026	+15.85%	+8.02%
2025	+22.66%	+4.23%
2024	+5.80%	+7.67%
2023	N/A	-0.38%
2022	N/A	+4.68%
2021	N/A	+3.45%
2020	N/A	+5.25%
2019	N/A	-5.32%
2018	N/A	-2.31%
2017	N/A	+2.33%
2016	N/A	-4.09%
2015	N/A	-0.47%
2014	N/A	-1.10%
2013	N/A	+3.46%

QTOP vs FMF Drawdown Comparison

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

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

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

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

Correlation

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

0.85

-101

Dividend Comparison (2013 - 2026)

QTOP vs FMF dividend yield comparison.

Year	QTOP	FMF
2026	0.08%	0.37%
2025	0.38%	5.60%
2024	0.11%	4.85%
2023	0.00%	3.09%
2022	0.00%	0.41%
2021	0.00%	3.29%
2020	0.00%	0.02%
2019	0.00%	1.05%
2018	0.00%	1.56%
2017	0.00%	0.82%
2013	0.00%	2.38%