Skip to content
etf.net

IMF vs TFFI

Invesco Managed Futures Strategy ETF

IMFACboe

Chesapeake Trend-Following Fixed Income ETF

TFFIFNYSE Arca

Overlap

Expense ratio

IMF −0.35pt a year

IMF0.65%TFFI1.00%

Avg volume · 30D

TFFI 1.3×the volume

IMF8.68KTFFI11.3K

IMF vs TFFI Performance

Jul 31, 2026 – Oct 30, 2026

+1.7%IMF+3.9%TFFI

Jul 31, 2026 to Oct 30, 2026. IMF +1.7%. TFFI +3.9%. Use the arrow keys to read each point.0%6%8%Jul 2026Sep 2026Oct 2026
Expense ratio
IMF 0.65%, better
TFFI 1.00%
Fund size
IMF $306M
TFFI $41M
1Y total return
IMF +20.8%
TFFI No data
Holdings
IMF 17
TFFI 37
Avg volume (30D)
IMF 8.68K sh
TFFI 11.3K sh, better
NAV per share
IMF $52.84
TFFI $21.07
52W range

ETF.net Grade

IMF: Cost 90, Risk 82, Mission not scored, Tradability 65, Holdings not scored, Durability 68. TFFI: Cost 7, Risk 7, Mission not scored, Tradability 51, Holdings not scored, Durability 28.
Pillar letters and Scores for IMF, TFFI, with each pillar’s weight
PillarIMFTFFI
Cost30% weightA90HigherF7
Mission25% weightNot scoredNot scored
Risk15% weightA82HigherF7
Tradability15% weightB65HigherC51
Holdings10% weightNot scoredNot scored
Durability5% weightB68HigherD28

Rank among Managed Futures funds

How we build Categories ›
Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

Same Category. IMF and TFFI are both graded against the same 14 Managed Futures funds, so their Grades compare head to head.

Managed Futures⁠

Category · 14 funds
See all 14 ›

IMF ranks 1st and TFFI 14th of 14 funds in the Managed Futures Category.

  1. Rank 1AIMFInvesco Managed Futures Strategy ETFScore 80
  2. Rank 2AWTMFWisdomTree Managed Futures Strategy FundScore 75
  3. Rank 13FTFPNBlueprint Chesapeake Multi-Asset Trend ETFScore 23
  4. Rank 14FTFFIChesapeake Trend-Following Fixed Income ETFScore 18

Our read on each fund

ETF.net Research

IMFAInvesco Managed Futures Strategy ETF

TFFIFChesapeake Trend-Following Fixed Income ETF

In short

IMF No data

TFFI Trend-following usually means chasing every market at once. TFFI aims the same playbook at global fixed income, wrapped as a commodity pool, with a prospectus that puts capital preservation ahead of growth.

Stated mandate

IMF No data

TFFI The Fund seeks to preserve capital and generate long-term capital appreciation.

Why people hold it

IMF No data

  • TFFI Narrow by design: a trend system pointed at global fixed income instead of the usual grab bag of commodities, currencies and stock index futures.
  • The stated objective leads with preserving capital, then long-term appreciation. That ordering is unusual in a corner of the market built on chasing big moves.
  • Cohort leaders DBMF and CTA trade the whole futures board. TFFI's bonds-and-rates lane makes it a different exposure rather than another copy of the same trade.

Worth knowing

IMF No data

  • TFFI At 1.01% a year it costs more than the managed futures cohort median of 0.95%, and more than DBMF at 0.85% or CTA at 0.75%.
  • A 2026 launch that is still small and lightly traded: live history is thin, spreads can be wide, and it sits behind the cohort's established names for now.
  • Filed as a commodity pool rather than a standard 1940 Act fund, a wrapper with its own reporting and tax rules. The prospectus spells them out.

Full IMF profile⁠

Full TFFI profile⁠

IMF vs TFFI Holdings

How we measure overlap

Each holding counts at its smaller weight in the two funds, summed over the full Holdings. Sector, country and asset class use the same rule on each fund’s split. Cash, FX and derivative lines stay out of the counts. Two bond funds get no overlap figure.

IMF vs TFFI Cost

Overpaying TFFI vs IMF

$5,971

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

  • IMF 0.65%

    $12,717

  • TFFI 1.00%

    $18,688

$10,000
30 years

Cost over time

  • IMF 0.65%
  • TFFI 1.00%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$5K$10K$15K$20K051015202530TFFI $18,688IMF $12,717

Year by year

YearIMFTFFIOverpaying
10$1,163$1,763$600
20$4,440$6,625$2,185
30$12,717$18,688$5,971

Expense ratio

  • 0.65%IMF, cheaper
  • 1.00%TFFI
  • Middle half of Managed Futures funds
  • Median 0.85%

IMF 2nd cheapest of 14 funds

TFFI 13th cheapest of 14 funds

IMF vs TFFI Dividends

Last 12 months to Oct 30, 2026
Payout (12M)
IMF No data
TFFI None
Last payment
IMF $0.46
TFFI No data
Ex-dividend
IMF Dec 22, 2025
TFFI No data
Paid on
IMF Dec 26, 2025
TFFI No data
Frequency
IMF Irregular
TFFI No data

Distribution history

Per share, 2025 to 2026, same scale for both

IMFIrregular · 1 paymentAll IMF payments⁠
One bar per payment. 1 payment from 2025 to 2026 YTD. Dec 22, 2025 $0.46. Use the arrow keys to read each point.$0$0.502026YTD
TFFIAll TFFI payments⁠

No distribution history available.

IMF vs TFFI Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years
IMF 11.8%since Apr 2025TFFI No data
Return per unit of riskSharpe ratio, 3 years
IMF 0.16since Apr 2025TFFI No data
Worst fallMax drawdown, 5 years
IMF −15.1%since Mar 2025TFFI No data
Market sensitivityBeta, 5 years
IMF 0.09TFFI 0.19

IMF and TFFI in the news

All news⁠

Popular comparisons

  • IMFAvsWTMFA

    Invesco Managed Futures Strategy ETF · WisdomTree Managed Futures Strategy Fund

    Expense ratio
    0.65% · 0.66%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

  • TFFIFvsWTMFA

    Chesapeake Trend-Following Fixed Income ETF · WisdomTree Managed Futures Strategy Fund

    Expense ratio
    1.00% · 0.66%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

  • IMFAvsISMFB

    Invesco Managed Futures Strategy ETF · Ishares Managed Futures Active ETF

    Expense ratio
    0.65% · 0.80%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

  • TFFIFvsISMFB

    Chesapeake Trend-Following Fixed Income ETF · Ishares Managed Futures Active ETF

    Expense ratio
    1.00% · 0.80%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

  • IMFAvsFFUTB

    Invesco Managed Futures Strategy ETF · Fidelity Managed Futures ETF

    Expense ratio
    0.65% · 0.80%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

  • TFFIFvsFFUTB

    Chesapeake Trend-Following Fixed Income ETF · Fidelity Managed Futures ETF

    Expense ratio
    1.00% · 0.80%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.