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FMTM vs JMOM

MarketDesk Focused U.S. Momentum ETF

FMTMBNasdaq

JPMorgan U.S. Momentum Factor ETF

JMOMANYSE Arca

Overlap

Expense ratio

JMOM −0.33pt a year

FMTM0.45%JMOM0.12%

Avg volume · 30D

FMTM 1.5×the volume

FMTM205KJMOM133K

FMTM vs JMOM Performance

Oct 31, 2025 – Oct 30, 2026

+22.9%FMTM+16.7%JMOM

Oct 31, 2025 to Oct 30, 2026. FMTM +22.9%. JMOM +16.7%. Use the arrow keys to read each point.0%10%30%40%Oct 2025Apr 2026Oct 2026
Expense ratio
FMTM 0.45%
JMOM 0.12%, better
Fund size
FMTM $277M
JMOM $2.69B
1Y total return
FMTM +22.9%, better
JMOM +16.7%
Yield (12M)
FMTM No data
JMOM 0.78%
Holdings
FMTM 32
JMOM 290
Avg volume (30D)
FMTM 205K sh, better
JMOM 133K sh
NAV per share
FMTM $38.59
JMOM $79.53
52W range

ETF.net Grade

FMTM: Cost 79, Risk 46, Mission not scored, Tradability 64, Holdings 69, Durability 59. JMOM: Cost 100, Risk 84, Mission 93, Tradability 63, Holdings 82, Durability 93.
Pillar letters and Scores for FMTM, JMOM, with each pillar’s weight
PillarFMTMJMOM
Cost30% weightA79A100Higher
Mission25% weightNot scoredA93
Risk15% weightC46A84Higher
Tradability15% weightB64HigherB63
Holdings10% weightB69A82Higher
Durability5% weightB59A93Higher

Rank among US Active Momentum funds

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

Same Category. FMTM and JMOM are both graded against the same 20 US Active Momentum funds, so their Grades compare head to head.

US Active Momentum⁠

Category · 20 funds
See all 20 ›

JMOM ranks 1st and FMTM 5th of 20 funds in the US Active Momentum Category.

  1. Rank 1AJMOMJPMorgan U.S. Momentum Factor ETFScore 86
  2. Rank 2ASEIMSEI QiM U.S. Large Cap Momentum Active ETFScore 81
  3. Rank 4AQMOMAlpha Architect U.S. Quantitative Momentum ETFScore 73
  4. Rank 5BFMTMMarketDesk Focused U.S. Momentum ETFScore 66
  5. Rank 6BDWASInvesco Dorsey Wright SmallCap Momentum ETFScore 64

Our read on each fund

ETF.net Research

FMTMBMarketDesk Focused U.S. Momentum ETF

JMOMAJPMorgan U.S. Momentum Factor ETF

In short

FMTM Momentum 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.

JMOM Momentum without the markup. JMOM screens US stocks for strong risk-adjusted momentum rather than raw price runs, and charges 0.12%, a fraction of what the typical fund in its category asks.

Stated mandate

FMTM 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.

JMOM The fund seeks domestic equity exposure focused on companies with strong risk-adjusted momentum and potential return enhancement.

Why people hold it

  • FMTM 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.
  • JMOM At 0.12%, the lowest fee among its momentum peers: it undercuts VFMO and SPMO (0.13%) and MTUM (0.15%), and sits far below the roughly 0.69% category median.
  • The screen targets risk-adjusted momentum, not just the biggest price runs, so how bumpy a stock's climb was factors into whether it makes the cut.jpmorgan.com
  • Holds roughly 300 US names, a wider net than momentum sleeves that concentrate in a few dozen winners, and it pays out quarterly.
  • Live since 2017 and now a multi-billion-dollar fund, it rates as one of the stronger implementations in the systematic US momentum group.

Worth knowing

  • FMTM 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.
  • JMOM Momentum by construction leans into what has already been working, which means the portfolio can be caught on the wrong side when market leadership flips.
  • The benchmark is J.P. Morgan's own US Momentum Factor Index, so methodology and rebalance rules sit with the issuer rather than an outside index provider.jpmorgan.com
  • Only moderately traded next to the category's headline tickers, so spreads are worth a look before placing size.

Full FMTM profile⁠

Full JMOM profile⁠

FMTM vs JMOM 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.

FMTM vs JMOM Cost

Overpaying FMTM vs JMOM

$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%

    $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

Expense ratio

  • 0.45%FMTM
  • 0.12%JMOM, cheaper
  • Middle half of US Active Momentum funds
  • Median 0.64%

JMOM cheapest of 20 funds

FMTM 5th cheapest of 20 funds

FMTM vs JMOM Dividends

Last 12 months to Oct 30, 2026
Yield (12M)
FMTM No data
JMOM 0.78%
Payout (12M)
FMTM No data
JMOM $0.62
Last payment
FMTM $0.10
JMOM $0.18
Ex-dividend
FMTM Dec 23, 2025
JMOM Sep 22, 2026
Paid on
FMTM Dec 24, 2025
JMOM Sep 24, 2026
Frequency
FMTM Irregular
JMOM Quarterly

Distribution history

Per share, 2017 to 2026, same scale for both

FMTMIrregular · 1 paymentAll FMTM payments⁠
One bar per payment. 1 payment from 2017 to 2026 YTD. Dec 23, 2025 $0.10. Use the arrow keys to read each point.$0$0.202017202020232026YTD
JMOMQuarterly · 36 paymentsAll JMOM payments⁠
One bar per payment. 36 payments from 2017 to 2026 YTD. Dec 26, 2017 $0.08; Mar 21, 2018 $0.07; Jun 26, 2018 $0.10; Sep 25, 2018 $0.08; Dec 24, 2018 $0.08; Mar 20, 2019 $0.07; Jun 25, 2019 $0.10; Sep 24, 2019 $0.05; Dec 23, 2019 $0.12; Mar 24, 2020 $0.08; Jun 23, 2020 $0.07; Sep 22, 2020 $0.08; Dec 22, 2020 $0.11; Mar 23, 2021 $0.06; Jun 22, 2021 $0.06; Sep 21, 2021 $0.08; Dec 21, 2021 $0.11; Mar 22, 2022 $0.08; Jun 21, 2022 $0.13; Sep 20, 2022 $0.14; Dec 20, 2022 $0.18; Mar 21, 2023 $0.12; Jun 20, 2023 $0.14; Sep 19, 2023 $0.12; Dec 19, 2023 $0.18; Mar 19, 2024 $0.05; Jun 25, 2024 $0.10; Sep 24, 2024 $0.11; Dec 24, 2024 $0.18; Mar 25, 2025 $0.11; Jun 24, 2025 $0.14; Sep 23, 2025 $0.16; Dec 23, 2025 $0.17; Mar 24, 2026 $0.12; Jun 23, 2026 $0.15; Sep 22, 2026 $0.18. Use the arrow keys to read each point.$0$0.202017202020232026YTD

FMTM vs JMOM Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years
FMTM 19.9%since Apr 2025JMOM 15.1%
Return per unit of riskSharpe ratio, 3 years
FMTM 1.23since Apr 2025JMOM 1.37
Worst fallMax drawdown, 5 years
FMTM −15.4%since Mar 2025JMOM −28.3%
Market sensitivityBeta, 5 years
FMTM 0.97JMOM 1.07

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