FMTM vs. IDEQ

Last updated Jul 21, 2026

FMTM (MarketDesk Focused U.S. Momentum ETF) and IDEQ (Lazard International Dynamic Equity ETF) are both exchange-traded funds - FMTM is a Momentum fund, while IDEQ is a Foreign Large Cap Equities fund actively managed by Lazard. Both are actively managed. A 0.72 correlation means they provide meaningful diversification when combined. FMTM charges 0.45%/yr vs 0.40%/yr for IDEQ.

Performance

FMTM vs. IDEQ - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in MarketDesk Focused U.S. Momentum ETF (FMTM) and Lazard International Dynamic Equity ETF (IDEQ). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, FMTM achieves a 18.34% return, which is significantly higher than IDEQ's 12.56% return.

FMTM

• 1D: -0.76%
• 1M: -10.52%
• 6M: 8.31%
• YTD: 18.34%
• 1Y: 42.90%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: 36.70%

IDEQ

• 1D: -0.24%
• 1M: -5.36%
• 6M: 7.46%
• YTD: 12.56%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: —

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

FMTM vs. IDEQ - Yearly Performance Comparison

	2026 (YTD)	2025
FMTM MarketDesk Focused U.S. Momentum ETF	18.34%	15.32%
IDEQ Lazard International Dynamic Equity ETF	12.56%	12.10%

Correlation

The correlation between FMTM and IDEQ is 0.72, 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 Aug 29, 2025	0.72

Return for Risk

FMTM vs. IDEQ — Risk / Return Rank

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

FMTM

FMTM Risk / Return Rank: 71
FMTM Sharpe Ratio Rank: 68
FMTM Sortino Ratio Rank: 61
FMTM Omega Ratio Rank: 62
FMTM Calmar Ratio Rank: 84
FMTM Martin Ratio Rank: 81

IDEQ

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

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.

FMTM vs. IDEQ - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for MarketDesk Focused U.S. Momentum ETF (FMTM) and Lazard International Dynamic Equity ETF (IDEQ). 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.

	FMTM	IDEQ	Difference
Sharpe ratio: Return per unit of total volatility	1.65	—	—
Sortino ratio: Return per unit of downside risk	2.16	—	—
Omega ratio: Gain probability vs. loss probability	1.28	—	—
Calmar ratio: Return relative to maximum drawdown	3.35	—	—
Martin ratio: Return relative to average drawdown	11.46	—	—

Drawdowns

FMTM vs. IDEQ - Drawdown Comparison

The maximum FMTM drawdown since its inception was -12.86%, roughly equal to the maximum IDEQ drawdown of -12.95%. Use the drawdown chart below to compare losses from any high point for FMTM and IDEQ.

Drawdown Indicators

	FMTM	IDEQ	Difference
Max Drawdown Largest peak-to-trough decline	-12.86%	-12.95%	+0.09%
Max Drawdown (1Y) Largest decline over 1 year	-12.86%	—	—
Current Drawdown Current decline from peak	-12.86%	-5.63%	-7.23%
Average Drawdown Average peak-to-trough decline	-2.16%	-2.19%	+0.03%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.75%	—	—

Volatility

Volatility by Period

	FMTM	IDEQ	Difference
Volatility (1M) Calculated over the trailing 1-month period	11.12%	—	—
Volatility (6M) Calculated over the trailing 6-month period	20.71%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	26.12%	19.27%	+6.85%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	24.62%	19.27%	+5.35%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	24.62%	19.27%	+5.35%

FMTM vs. IDEQ - Expense Ratio Comparison

FMTM has a 0.45% expense ratio, which is higher than IDEQ's 0.40% expense ratio.

Dividends

FMTM vs. IDEQ - Dividend Comparison

FMTM's dividend yield for the trailing twelve months is around 0.25%, less than IDEQ's 1.37% yield.

Position	TTM	2025
FMTM MarketDesk Focused U.S. Momentum ETF	0.25%	0.30%
IDEQ Lazard International Dynamic Equity ETF	1.37%	0.60%

Frequently Asked Questions

Can I hold both FMTM and IDEQ in my portfolio?

FMTM and IDEQ have a correlation of 0.72, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, FMTM or IDEQ?

On fees, IDEQ is cheaper at 0.40% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, FMTM or IDEQ?

IDEQ is cheaper with a 0.40% expense ratio, compared with 0.45% for FMTM.

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

IDEQ has the higher dividend yield at 1.37%, compared with 0.25% for FMTM.

What is the main difference between FMTM and IDEQ?

FMTM is categorized as Momentum, while IDEQ is Foreign Large Cap Equities. Their fees differ too: 0.45% for FMTM and 0.40% for IDEQ.