Key Takeaways
- • ISMF trading at $28.91 as of October 2, 2026, down 0.55% with a year-to-date return of 10.62%, representing solid performance in the systematic trend category.
- • Net assets of $63.45 million with a low expense ratio of 0.80% (net), positioning the fund competitively within the managed futures ETF landscape.
- • 52-week price range of $25.72–$30.72 indicates moderate volatility; current price near mid-range reflects balanced market positioning.
- • Yield of 2.47% with a PE ratio (TTM) of 23.31 and beta of 0.00, suggesting low correlation to broader equity markets—a defining characteristic of managed futures strategies.
- • Average daily volume of 29,361 shares with current volume at 14,494, indicating adequate liquidity for institutional positions.
Summary
The iShares Managed Futures Active ETF (ISMF) is trading at $28.91 as of October 2, 2026, down marginally by 0.55% from its previous close of $29.07. The fund has delivered a year-to-date total return of 10.62%, positioning it favorably within the systematic trend category. This performance reflects the fund's exposure to long and short positions across diversified asset classes—equities, interest rates, and commodities—through a managed futures strategy.
From a portfolio perspective, ISMF maintains net assets of $63.45 million with a net asset value (NAV) of $28.88, closely aligned with its market price. The fund's expense ratio of 0.80% (net) is competitive for actively managed futures products. The 52-week price range of $25.72 to $30.72 demonstrates contained volatility around current levels, with intraday trading between $28.83 and $29.00 on October 2.
Liquidity metrics show average daily volume of 29,361 shares, with current trading volume at 14,494. The bid-ask spread ($28.36–$29.11) remains relatively tight, facilitating institutional access. The fund's yield of 2.47% combined with a PE ratio (TTM) of 23.31 reflects its income generation profile. Notably, the five-year monthly beta of 0.00 underscores a fundamental advantage of managed futures strategies: near-zero correlation to traditional equity markets, providing portfolio diversification benefits during market dislocations.
For institutional investors and hedge fund managers evaluating alternative exposure, ISMF's performance trajectory, cost structure, and non-correlated risk profile position it as a meaningful instrument within systematic trend-following allocation frameworks.
From a portfolio perspective, ISMF maintains net assets of $63.45 million with a net asset value (NAV) of $28.88, closely aligned with its market price. The fund's expense ratio of 0.80% (net) is competitive for actively managed futures products. The 52-week price range of $25.72 to $30.72 demonstrates contained volatility around current levels, with intraday trading between $28.83 and $29.00 on October 2.
Liquidity metrics show average daily volume of 29,361 shares, with current trading volume at 14,494. The bid-ask spread ($28.36–$29.11) remains relatively tight, facilitating institutional access. The fund's yield of 2.47% combined with a PE ratio (TTM) of 23.31 reflects its income generation profile. Notably, the five-year monthly beta of 0.00 underscores a fundamental advantage of managed futures strategies: near-zero correlation to traditional equity markets, providing portfolio diversification benefits during market dislocations.
For institutional investors and hedge fund managers evaluating alternative exposure, ISMF's performance trajectory, cost structure, and non-correlated risk profile position it as a meaningful instrument within systematic trend-following allocation frameworks.
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