FMTM vs. MU
FMTM (MarketDesk Focused U.S. Momentum ETF) is Momentum fund, while MU (Micron Technology, Inc.) is a stock. Over the past year, FMTM returned 56.61% vs 776.52% for MU. A 0.51 correlation means they provide meaningful diversification when combined.
Performance
FMTM vs. MU - Performance Comparison
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Returns By Period
In the year-to-date period, FMTM achieves a 26.52% return, which is significantly lower than MU's 232.74% return.
FMTM
- 1D
- 0.99%
- 1M
- 1.00%
- YTD
- 26.52%
- 6M
- 27.75%
- 1Y
- 56.61%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
MU
- 1D
- 9.87%
- 1M
- 27.11%
- YTD
- 232.74%
- 6M
- 284.77%
- 1Y
- 776.52%
- 3Y*
- 144.94%
- 5Y*
- 65.39%
- 10Y*
- 55.03%
FMTM vs. MU - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
FMTM MarketDesk Focused U.S. Momentum ETF | 26.52% | 27.90% |
MU Micron Technology, Inc. | 232.74% | 178.01% |
Correlation
The correlation between FMTM and MU is 0.55, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.55 |
Correlation (All Time) Calculated using the full available price history since Mar 21, 2025 | 0.51 |
The correlation between FMTM and MU has been stable across timeframes, ranging from 0.51 to 0.55 - a consistent structural relationship.
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Return for Risk
FMTM vs. MU — Risk / Return Rank
FMTM
MU
FMTM vs. MU - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for MarketDesk Focused U.S. Momentum ETF (FMTM) and Micron Technology, Inc. (MU). 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.
| FMTM | MU | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -9.00 | ||
| Sortino ratioReturn per unit of downside risk | -3.26 | ||
| Omega ratioGain probability vs. loss probability | 1.41 | 1.81 | -0.40 |
| Calmar ratioReturn relative to maximum drawdown | 4.69 | 25.90 | -21.21 |
| Martin ratioReturn relative to average drawdown | 18.21 | 100.37 | -82.16 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| FMTM | MU | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.44 | 11.44 | -9.00 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | 1.24 | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 1.11 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 2.10 | 0.31 | +1.80 |
Drawdowns
FMTM vs. MU - Drawdown Comparison
The maximum FMTM drawdown since its inception was -12.12%, smaller than the maximum MU drawdown of -98.25%. Use the drawdown chart below to compare losses from any high point for FMTM and MU.
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Drawdown Indicators
| FMTM | MU | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -12.12% | -98.25% | +86.13% |
Max Drawdown (1Y)Largest decline over 1 year | -12.12% | -30.28% | +18.16% |
Max Drawdown (3Y)Largest decline over 3 years | — | -57.63% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -57.63% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -57.63% | — |
Current DrawdownCurrent decline from peak | -3.97% | -12.07% | +8.10% |
Average DrawdownAverage peak-to-trough decline | -1.90% | -58.19% | +56.29% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.12% | 7.80% | -4.68% |
Volatility
FMTM vs. MU - Volatility Comparison
The current volatility for MarketDesk Focused U.S. Momentum ETF (FMTM) is 7.81%, while Micron Technology, Inc. (MU) has a volatility of 34.16%. This indicates that FMTM experiences smaller price fluctuations and is considered to be less risky than MU based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| FMTM | MU | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.81% | 34.16% | -26.35% |
Volatility (6M)Calculated over the trailing 6-month period | 18.47% | 56.74% | -38.27% |
Volatility (1Y)Calculated over the trailing 1-year period | 23.39% | 68.70% | -45.31% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 23.26% | 52.91% | -29.65% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 23.26% | 49.99% | -26.73% |
Dividends
FMTM vs. MU - Dividend Comparison
FMTM's dividend yield for the trailing twelve months is around 0.23%, more than MU's 0.05% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
FMTM MarketDesk Focused U.S. Momentum ETF | 0.23% | 0.30% | 0.00% | 0.00% | 0.00% | 0.00% |
MU Micron Technology, Inc. | 0.05% | 0.16% | 0.55% | 0.54% | 0.89% | 0.21% |
Frequently Asked Questions
FMTM and MU have a correlation of 0.55, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
MU has higher volatility (34.16%) compared to FMTM (7.81%). In terms of maximum drawdown, FMTM dropped -12.12% vs MU's -98.25%.
MU currently has the higher Sharpe Ratio (11.44 vs 2.44), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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