FMTM vs SEIM

FMTMBMarketDesk Focused U.S. Momentum ETF

SEIMASEI QiM U.S. Large Cap Momentum Active 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.

SEIM Momentum with a chaperone. SEI's quant model buys U.S. large caps that have been running, then leans on quality, value and low volatility to sand off the edges, all for 0.15% a year.

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.

SEIM The Fund seeks long-term capital appreciation by investing primarily in U.S. common stocks with relatively strong recent performance, using quantitative active stock selection and portfolio optimization.

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.

• SEIM Charges 0.15% a year, a fraction of the typical fund in its active momentum peer group and level with the cheapest brand-name momentum ETFs like MTUM.
• Not pure chase-the-winners: the prospectus model also weighs quality, value and low volatility, so recent strength gets vetted, not just ranked.
• Roughly 70 names, concentrated enough for the factor to actually show up, run as an active quant mandate rather than a fixed index rebuild.
• Stacks up as one of the stronger implementations among the systematic U.S. momentum funds we cover.

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.

• SEIM Momentum buys what has already moved. When market leadership rotates, this style can turn over quickly and trail the broad market.
• Launched in 2022, so the live record is short and hasn't spanned many market regimes.
• Mid-sized and moderately traded, so bid-ask spreads are worth a glance at the moment you trade.

Full FMTM profile⁠

Full SEIM profile⁠