ESLG vs. FMTM

Last updated Jul 17, 2026

ESLG (Eventide Large Cap Growth ETF) and FMTM (MarketDesk Focused U.S. Momentum ETF) are both exchange-traded funds - ESLG is a Large Cap Growth Equities fund actively managed by Eventide, while FMTM is a Momentum fund. Both are actively managed. A 0.80 correlation means they provide meaningful diversification when combined. ESLG charges 0.39%/yr vs 0.45%/yr for FMTM.

Performance

ESLG vs. FMTM - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Eventide Large Cap Growth ETF (ESLG) and MarketDesk Focused U.S. Momentum ETF (FMTM). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, ESLG achieves a 12.92% return, which is significantly lower than FMTM's 19.80% return.

ESLG

• 1D: -0.65%
• 1M: 0.97%
• 6M: 11.36%
• YTD: 12.92%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

FMTM

• 1D: -3.31%
• 1M: -7.36%
• 6M: 9.77%
• YTD: 19.80%
• 1Y: 46.82%
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

ESLG vs. FMTM - Yearly Performance Comparison

	2026 (YTD)	2025
ESLG Eventide Large Cap Growth ETF	12.92%	-0.29%
FMTM MarketDesk Focused U.S. Momentum ETF	19.80%	8.34%

Correlation

The correlation between ESLG and FMTM is 0.80, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (All Time) Calculated using the full available price history since Sep 30, 2025	0.80

Return for Risk

ESLG vs. FMTM — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

ESLG

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

FMTM

FMTM Risk / Return Rank: 73
FMTM Sharpe Ratio Rank: 70
FMTM Sortino Ratio Rank: 61
FMTM Omega Ratio Rank: 62
FMTM Calmar Ratio Rank: 87
FMTM Martin Ratio Rank: 83

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

ESLG vs. FMTM - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Eventide Large Cap Growth ETF (ESLG) and MarketDesk Focused U.S. Momentum ETF (FMTM). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	ESLG	FMTM	Difference
Sharpe ratio: Return per unit of total volatility	—	1.80	—
Sortino ratio: Return per unit of downside risk	—	2.31	—
Omega ratio: Gain probability vs. loss probability	—	1.30	—
Calmar ratio: Return relative to maximum drawdown	—	3.88	—
Martin ratio: Return relative to average drawdown	—	13.10	—

Drawdowns

ESLG vs. FMTM - Drawdown Comparison

The maximum ESLG drawdown since its inception was -12.36%, roughly equal to the maximum FMTM drawdown of -12.12%. Use the drawdown chart below to compare losses from any high point for ESLG and FMTM.

Drawdown Indicators

	ESLG	FMTM	Difference
Max Drawdown Largest peak-to-trough decline	-12.36%	-12.12%	-0.24%
Max Drawdown (1Y) Largest decline over 1 year	—	-12.12%	—
Current Drawdown Current decline from peak	-2.17%	-11.78%	+9.61%
Average Drawdown Average peak-to-trough decline	-3.18%	-2.10%	-1.08%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	3.58%	—

Volatility

Volatility by Period

	ESLG	FMTM	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	11.19%	—
Volatility (6M) Calculated over the trailing 6-month period	—	20.75%	—
Volatility (1Y) Calculated over the trailing 1-year period	16.70%	26.07%	-9.37%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.70%	24.68%	-7.98%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.70%	24.68%	-7.98%

ESLG vs. FMTM - Expense Ratio Comparison

ESLG has a 0.39% expense ratio, which is lower than FMTM's 0.45% expense ratio.

Dividends

ESLG vs. FMTM - Dividend Comparison

ESLG's dividend yield for the trailing twelve months is around 0.28%, more than FMTM's 0.25% yield.

Position	TTM	2025
ESLG Eventide Large Cap Growth ETF	0.28%	0.04%
FMTM MarketDesk Focused U.S. Momentum ETF	0.25%	0.30%

Frequently Asked Questions

Can I hold both ESLG and FMTM in my portfolio?

ESLG and FMTM have a correlation of 0.80, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, ESLG or FMTM?

On fees, ESLG is cheaper at 0.39% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, ESLG or FMTM?

ESLG is cheaper with a 0.39% expense ratio, compared with 0.45% for FMTM.

Which ETF pays a higher dividend yield, ESLG or FMTM?

ESLG has the higher dividend yield at 0.28%, compared with 0.25% for FMTM.

What is the main difference between ESLG and FMTM?

ESLG is categorized as Large Cap Growth Equities, while FMTM is Momentum. Their fees differ too: 0.39% for ESLG and 0.45% for FMTM.