FMTM

MarketDesk Focused U.S. Momentum ETF

$31.16
+0.00%
Market closed. Last update: 10:50 PM ET

📎 Investment Objective

The MarketDesk Focused U.S. Momentum ETF (FMTM) seeks to provide investment results that, before fees and expenses, correspond generally to the performance of the MarketDesk Focused U.S. Momentum Index.

Overview

ETF tracking MarketDesk Focused U.S. Momentum ETF

Category Growth
Issuer Other
Inception Date 2025-03-20
Market Cap $33.0M
Average Volume N/A
Dividend Yield N/A
52-Week Range $23.26 - $32.47
VWAP $31.31

Performance

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Investment Summary

📎 Investment Objective

The MarketDesk Focused U.S. Momentum ETF (FMTM) seeks to provide investment results that, before fees and expenses, correspond generally to the performance of the MarketDesk Focused U.S. Momentum Index.

🎯 Investment Strategy

The ETF invests primarily in U.S. equities that exhibit positive momentum characteristics, as determined by the index methodology. The fund's portfolio is concentrated in a relatively small number of securities compared to a broad market index.

✨ Key Features

  • Focuses on U.S. stocks with strong recent price momentum
  • Concentrated portfolio of approximately 30-50 securities
  • Passively managed to track the MarketDesk Focused U.S. Momentum Index
  • Low expense ratio of 0.00%

⚠️ Primary Risks

  • Concentration risk due to the fund's focused portfolio
  • Momentum investing style can underperform in certain market environments
  • Potential for higher volatility compared to a broad market index
  • Limited performance history and assets under management

👤 Best For

The MarketDesk Focused U.S. Momentum ETF may be suitable for investors seeking exposure to a concentrated portfolio of U.S. stocks exhibiting positive price momentum, as part of a diversified investment strategy. This ETF may be most appropriate for investors with a higher risk tolerance and a long-term investment horizon.