Fidelity Managed Futures ETF (FFUT)
Fidelity Managed Futures ETF operates in the Asset Management industry of the Financial Services sector, headquartered in Boston, MA, US. The stock last traded at $61.34, up 0.21% on the session, giving a market capitalisation of $144.6M. Its beta of 0.10 implies it has historically moved less than the broad market.
This actively managed exchange-traded fund aims to offer investors enhanced portfolio diversification and robust returns, particularly during extended periods of market volatility. It achieves this by strategically investing long and short in futures contracts across equity, fixed income, currency, and commodity sectors. Please be aware that engaging in commodity interest trading carries significant inherent risks of financial loss, and past performance does not guarantee future results.
Fidelity Managed Futures ETF is most often compared with the following Financial Services names: