HFMF vs IVV
Unlimited HFMF Managed Futures ETF vs iShares Core S&P 500 ETF
Which is better, HFMF or IVV?
Managed Futures against Large Cap Blend.
IVV has a lower expense ratio. IVV led over 1Y and the full window.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | HFMF | IVV |
|---|---|---|
| Expense Ratio | 0.97% | 0.03%Best |
| AUM | $26M | $876.4B |
| Dividend Yield | 2.86% | 1.06% |
| Holdings | 13 | 508 |
| YTD Return | +6.79% | +11.57%Best |
| 1Y Return | +10.18% | +17.57%Best |
| 3Y Return (annualized) | - | +20.71% |
| 5Y Return (annualized) | - | +12.80% |
| Volatility (annualized) | 11.5%Best | 12.5% |
| Max Drawdown | -15.1% | -8.9%Best |
| $10,000 over 1.2 years | $11,481 | $12,431Best |
| Fund Family | Unlimited Funds | iShares by BlackRock (US) |
| Category | Alternative | Equity |
| Style | Managed Futures | Large Cap Blend |
| Inception | Jul 14, 2025 | May 15, 2000 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 1.2 years row, are measured over the window both funds cover: Jul 15, 2025 to Sep 10, 2026 (1.2 years).
HFMF vs IVV growth
Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view covers the 1.2 years both funds cover.
HFMF vs IVV Performance
Unlimited HFMF Managed Futures ETF (HFMF) is an ETF from Unlimited Funds and iShares Core S&P 500 ETF (IVV) is an ETF from iShares by BlackRock (US). Over the past year HFMF returned +10.18% while IVV returned +17.57%. Year to date, HFMF is up 6.79% versus a gain of 11.57% for IVV.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
IVV has been the more volatile fund, with annualized monthly volatility of 12.5% compared with 11.5% for HFMF. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The deepest peak-to-trough decline in our data was -15.1% for HFMF and -8.9% for IVV. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at -0.08. They move largely independently of each other.
Fees and Cost Over Time
HFMF charges 0.97% per year while IVV charges 0.03%. On a $10,000 position that is $97 vs $3 annually, a gap of $94 per year that compounds over a long holding period. On income, HFMF currently yields 2.86% against 1.06% for IVV.
Holdings Overlap
We hold position weights for 1 holding in HFMF and 505 in IVV, totalling 89.7% and 100.0% of the two funds. The two books name no position in common, so there is no overlap percentage to show.
0 positions in common, counted across the 1 positions we hold weights for in HFMF and 505 in IVV, against full books of 13 and 508.
You are not choosing between two funds in isolation.
Whichever of HFMF and IVV you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, HFMF or IVV?
HFMF has an expense ratio of 0.97% while IVV charges 0.03%. IVV is the cheaper option, by $94 a year on a $10,000 investment.
Which performed better, HFMF or IVV?
Over the past year HFMF returned +10.18% vs +17.57% for IVV, so IVV leads on 1-year performance. Over the longest common window we track (1 years), HFMF annualized +12.20% vs +19.88% for IVV. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, HFMF or IVV?
IVV has been the more volatile fund at 12.5% annualized versus 11.5% for HFMF. Worst drawdown: HFMF -15.1% vs IVV -8.9%.
Should I hold both HFMF and IVV?
HFMF and IVV have a monthly-return correlation of -0.08, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
Which pays a higher dividend, HFMF or IVV?
HFMF yields 2.86% while IVV yields 1.06%, so HFMF currently pays the higher dividend yield.
Is IVV better than HFMF?
IVV has a lower expense ratio. IVV led over 1Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.