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Launched

MarketDesk Focused U.S. Momentum ETF

FMTMNasdaqMarketDeskB

$38.10−0.50 (−1.30%)

At close: Nov 2, 2026, 4:00 PM ET

B66/ 100

Rank 5 of 22 in US Active Momentum

B66/100Rank 5 of 22inUS Active Momentum
Intraday session: down, 79 prints from 38.60 to 38.10. Range 38.10 to 38.69. Use the arrow keys to read each point.38.2038.3038.4038.5038.7010 AM12 PM2 PM4 PM
Expense ratio
0.45%
Fund size
$277M
1Y total return
+22.9%
Yield · Last 12 months
No data
Holdings
32
Avg volume · 30D
205K sh
52W range
low $29.15high $48.00
Launched

The ETF.net FMTM Grade

Based on 5 of 6 pillars

B

Score 66 out of 100

Category
US Active Momentum⁠
Rank
5 of 22
Six-pillar profile for FMTM. Scores out of 100: Cost 79, Risk 46, Mission not scored, Tradability 64, Holdings 69, Durability 59. Strongest: Cost (79). Weakest: Risk (46). Based on 5 of 6 pillars.

Score 66 of 100 falls in the B band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25.

  • Cost

    The fund’s net expense ratio, ranked against its category.
    A79 out of 100
    Rank 5 of 22

  • Mission

    Whether the fund did what it promised, tested against its stated mandate.
    Not scored

  • Risk

    How the fund held up when markets fell: downside volatility, drawdowns and tail loss.
    C46 out of 100
    Rank 14 of 22

  • Tradability

    How easy the fund is to trade: daily volume, and how far its price strays from net asset value.
    B64 out of 100
    Rank 4 of 22

  • Holdings

    How concentrated the fund is, and how complete and current its disclosed holdings are.
    B69 out of 100
    Rank 7 of 21

  • Durability

    Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.
    B59 out of 100
    Rank 9 of 22

Our read on FMTM

ETF.net Research

In short

BMomentum with a hand on the wheel: an actively managed, rules-based screen that hunts U.S. stocks showing strong relative momentum, with a quality check bolted on. Launched in 2025 and priced under the typical active momentum fund.

Stated mandate

The Fund seeks long-term capital appreciation. It is actively managed and uses a proprietary, quantitative, rules-based process to select U.S. equities demonstrating strong relative momentum.

Why people hold it

  • Costs 0.45% a year, comfortably below the median fund in its U.S. momentum peer group.
  • Raw momentum can chase junk. The prospectus process pairs the momentum screen with a quality factor, so what's rising also has to hold up on the books.
  • Moderately traded, with one of the smoother trading profiles among systematic U.S. momentum funds. Getting in and out is rarely the friction point.
  • Sits in the top quartile of the systematic U.S. momentum funds ETF.net tracks, a cohort stacked with giant index-based rivals.

Worth knowing

  • Launched in 2025, so the model has yet to be tested across a full market cycle and its risk picture rests on a short record.
  • The index-based heavyweights (JMOM, VFMO, SPMO, MTUM) charge 0.12% to 0.15%. Active security selection here carries a higher sticker.
  • Momentum strategies crowd into whatever is already winning, so the ride tends to be choppier than a broad U.S. market fund when leadership rotates.

FMTM Performance

Launched Mar 20, 2025

Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.

Not enough history yet.Not enough history yet.Not enough history yet.
FMTM$12,286
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$11,199
Oct 31, 2025 to Oct 30, 2026. FMTM $12,286. SPY $11,199. Use the arrow keys to read each point.$10,000$12,000$14,000Oct 2025Apr 2026Oct 2026

Oct 31, 2025 – Oct 30, 2026

Returns run to the Oct 30, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.

Trailing total return for FMTM. Periods over one year show the average yearly return.
PeriodFMTM
Year to date+20.1%
1 month−1.1%
3 months+0.5%
1 year+22.9%
3 yearsFund is under 3 years oldper yearNo data
5 yearsFund is under 5 years oldper yearNo data
10 yearsFund is under 10 years oldper yearNo data

With distributions reinvested.

Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.

Annual total returns for FMTM
YearReturn barFMTM
2026 YTD+20.1%
2025+27.9%

Since listing, Mar 20, 2025

FMTM in the news

FMTM Dividends

Last payment
$0.10 per share
Paid on
Shares bought on or after this date do not qualify for this distribution.
Frequency
Irregular

Distribution data unavailable.

Distribution history

2025–2026

One bar per payment. 1 payment from 2025 to 2026 YTD. Dec 23, 2025 $0.10. Use the arrow keys to read each point.20252026YTD
Ex-datePay dateAmount per share
Dec 23, 2025Dec 24, 2025$0.10

$10,000 in FMTM 1 year ago paid $30.15 in dividends.

FMTM Risk

Risk pillarC46 out of 100Rank 14 of 22 in US Active Momentum
How much the fund’s monthly returns vary, scaled to a year.
19.9%
Annualised · 19 months to Oct 2026
How it’s calculated: standard deviation

The sample standard deviation of monthly total returns, multiplied by the square root of 12.

Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.

Return above 3-month US Treasury bills per unit of volatility.
1.23
vs 3-month T-bills · 19 months to Oct 2026
How it’s calculated: Sharpe ratio

Subtract each month’s Treasury-bill return from the fund’s monthly total return.

Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.

Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.

The largest fall from a peak to the low that followed.
−15.4%
19 months · trough Jul 2026
How it’s calculated: maximum drawdown

The largest percentage decline from an earlier peak, using total returns with reinvested distributions.

Uses up to five years through the last close, with at least 12 months required.

How strongly the fund’s returns move with its asset-class index.
0.97
vs its asset-class index
How it’s calculated: beta

The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.

FMP measures it over up to five years of monthly returns.

FMTM Cost

Compare FMTM and JMOM

Overpaying vs JMOM, cheapest in US Active Momentum

$6,521

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

  • FMTM 0.45%

    $9,041

  • JMOM 0.12% Cheapest

    $2,520

$10,000
30 years

Cost over time

  • FMTM 0.45%
  • JMOM 0.12%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$2K$4K$6K$8K$10K051015202530FMTM $9,041JMOM $2,520

Year by year

YearFMTMJMOMOverpaying
10$812$220$592
20$3,128$859$2,269
30$9,041$2,520$6,521

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