Tired of Tracking the S&P 500? These 3 Managed Futures ETFs Offer a Different Path
The article profiles three managed‑futures ETFs as alternatives to simply tracking the S&P 500, arguing they offer non‑correlated returns useful in volatile markets. Year‑to‑date through May 6, Simplify Managed Futures Strategy ETF (CTA) is ~10% (about 20% since its March 2022 launch), KraneShares Mount Lucas (KMLM) ~11% YTD (≈8% over the past year), and iMGP DBi (DBMF) ~8% YTD while leading the group over the past year (~20%). The piece highlights recent market volatility — VIX near 31 in late March then ~17 by early May and the 10‑yr yield moving from ~4% to ~4.5% — as the backdrop that benefits trend‑following strategies. It explains structural differences: DBMF replicates hedge‑fund CTA positioning (can correlate with equities), KMLM excludes equity futures (clean equity diversifier), and CTA is actively managed with an options sleeve (higher fees, greater model risk).