MarketDesk Focused U.S. Momentum ETF (FMTM)
NASDAQ (NMS) NASDAQ (NMS) Primary Summary
FMTM Chart
FMTM: Top-Performing Momentum ETF Might Come With Steep Valuation Risk
MarketDesk Focused U.S. Momentum ETF has delivered a 62.89% return since inception, outperforming nearly every other large-cap momentum ETF on the market. FMTM's quantitative, high-active-share strategy captures strong earnings growth trends, yet quality screens are only adequate, not robust. Portfolio concentration in technology and industrials, elevated volatility, and a 33.99x TTM P/E raise drawdown and valuation risk.
FMTM: The ETF That Is Both Quality And Momentum That I Didn't Think Existed
MarketDesk Focused US Momentum ETF blends quality and momentum factors via a quantitative, monthly-rebalanced, equal-weighted approach targeting US stocks. FMTM's strategy dampens volatility versus classic momentum ETFs, achieving a standard deviation of 18 versus SPMO's 24, while maintaining competitive returns. The fund's high turnover (398% annualized) and dynamic sector allocation enhance diversification and reduce portfolio overlap with traditional momentum or S&P 500 ETFs.
MarketDesk Focused U.S. Momentum ETF Investors
| Name | Quantity | Cost | Value | Profit ($) | Gain (%) |
|---|---|---|---|---|---|
| CAL CoreCap Advisors LLC CoreCap Advisors LLC | 143 | $4,932.04 | $5,697.12 | $765.08 | 15.51% |
| PP Penny Paul Andina Capital Management LLC | 40,907 | $1.17M | $1.6M | $425,148.94 | 36.34% |
 Jim Clark Worth Asset Management LLC | 4,805 | $206,038.4 | $187,202.8 | -$18,835.6 | -9.14% |
 John Ritter Ritter Daniher Financial Advisory LLC / DE | 5 | $149.65 | $191.8 | $42.15 | 28.17% |
 Christopher C. Powers Farther Finance Advisors, LLC | 2,500 | $88,454 | $95,800 | $7,346 | 8.3% |
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MarketDesk Focused U.S. Momentum ETF Profile
| NASDAQ (NMS) Exchange | US Country |
Overview
FMTM is an investment fund dedicated to achieving long-term capital appreciation by focusing on equity securities that exhibit strong positive momentum characteristics. The fund utilizes a comprehensive, multi-step quantitative and rules-based methodology to identify and select securities that demonstrate the highest levels of relative momentum. This careful approach begins with a starting universe of US equities that meet specific market capitalization and liquidity criteria.
To ensure quality in its investment selections, FMTM implements stringent screening measures based on various financial statement metrics. This process helps in excluding companies that either exhibit low returns on assets or possess high debt-to-equity ratios. Furthermore, the fund relies on precise daily share price data to rank potential investments that display consistent upward momentum in their stock prices. Ultimately, FMTM selects between 30 to 50 large- and mid-cap securities as part of its actively managed investment strategy, with this evaluative process being repeated monthly to adapt to market conditions.
Products and Services
- Equity Investment Fund
FMTM offers a specialized equity investment fund that seeks to capitalize on momentum-driven securities. This fund is designed for investors looking to achieve significant capital appreciation through the systematic selection of top-performing equities based on their positive price trends.
- Quantitative Investment Strategy
The fund utilizes a multi-step quantitative investment strategy that systematically ranks securities based on momentum characteristics. This data-driven approach minimizes emotional biases in investment decisions and ensures consistent performance evaluation.
- Actively Managed Portfolio
FMTM provides an actively managed portfolio where investment professionals continually assess and adjust holdings. This service aims to enhance returns by dynamically responding to market shifts and optimizing the selection of securities based on ongoing performance metrics.
- Monthly Screening Process
The fund conducts a monthly screening process that revisits and reassesses its investment universe. This regular evaluation ensures that the portfolio remains aligned with the underlying investment philosophy and that all selections reflect the current market dynamics.
- Risk Management Framework
FMTM includes a risk management framework that monitors financial health and market conditions of the selected equities. This framework helps in mitigating risks associated with volatility and enhances overall portfolio stability and performance.
