---
ticker: "ISMF"
name: "Blackrock ETF Trust - Ishares Managed Futures Active ETF"
url: "https://etf.net/etf/ISMF"
grade: "B"
score: 62
graded_at: "2026-10-12"
category: "Managed Futures"
category_rank: "4 of 16"
methodology: "https://etf.net/methodology"
---

# ISMF: Blackrock ETF Trust - Ishares Managed Futures Active ETF

Grade **B**, Score 62 of 100. Rank 4 of 16 in Managed Futures.

Graded Oct 12, 2026.

## Grade pillars

| Pillar | Score | Category rank |
| --- | --- | --- |
| Cost | 50 | 8 of 16 |
| Mission | Not scored | — |
| Risk | 88 | 1 of 15 |
| Tradability | 67 | 2 of 16 |
| Holdings | Not scored | — |
| Durability | 45 | 9 of 16 |

## Top holdings

The fund holds 20 positions. These are the largest 20, by weight.

| # | Ticker | Name | Weight |
| --- | --- | --- | --- |
| 1 | — | Treasury Bill 01/21/2027 (Tbill) | 90.93% |
| 2 | — | Cash Collateral Bpsft USD 12/31/2049 (Bpsft) | 4.54% |
| 3 | — | Blk Csh Fnd Treasury Sl Agency | 2.34% |
| 4 | — | Cad/Usd 12/16/2026 (Cad) | 1.55% |
| 5 | — | Eur/Usd 12/16/2026 (Eur) | 0.77% |
| 6 | — | Nzd/Usd 12/16/2026 (Nzd) | 0.47% |
| 7 | — | Jpy/Usd 12/16/2026 (Jpy) | 0.42% |
| 8 | — | Gbp Cash | 0.29% |
| 9 | — | Eur Cash | 0.27% |
| 10 | — | Cad Cash | 0.25% |
| 11 | — | USD Cash | 0.24% |
| 12 | — | Aud Cash | 0.22% |
| 13 | — | Twd/Usd 12/16/2026 (Twd) | 0.21% |
| 14 | — | Inr/Usd 12/16/2026 (Inr) | 0.20% |
| 15 | — | Brl/Usd 12/16/2026 (Brl) | 0.17% |
| 16 | — | Etd Cad Balance With R93533 10/13/2026 (Etd_cad) | 0.13% |
| 17 | — | Sek/Eur 12/16/2026 (Sek) | 0.11% |
| 18 | — | Nok/Eur 12/16/2026 (Nok) | 0.03% |
| 19 | — | Eur/Usd 10/13/2026 (Eur) | 0.00% |
| 20 | — | Cad/Usd 10/13/2026 (Cad) | 0.00% |

Source: etf.net, https://etf.net/etf/ISMF. Please cite the page URL.