FMTM vs. VOLT
FMTM (MarketDesk Focused U.S. Momentum ETF) and VOLT (Tema Electrification ETF) are both exchange-traded funds - FMTM is a Momentum fund, while VOLT is a Global Equities fund actively managed by Tema. Both are actively managed. Over the past year, FMTM returned 45.80% vs 40.13% for VOLT. Their 0.78 correlation means they have sometimes moved together and sometimes differently. FMTM charges 0.45%/yr vs 0.75%/yr for VOLT.
Performance
FMTM vs. VOLT - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, FMTM achieves a 21.20% return, which is significantly lower than VOLT's 30.27% return.
FMTM
- 1D
- 1.43%
- 1M
- -3.99%
- 6M
- 8.80%
- YTD
- 21.20%
- 1Y
- 45.80%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- 37.89%
VOLT
- 1D
- 1.54%
- 1M
- -3.80%
- 6M
- 15.87%
- YTD
- 30.27%
- 1Y
- 40.13%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- 27.28%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $7.19M | $8.18M | $9.06M | |
| $11.23M | $11.22M | $15.49M |
FMTM vs. VOLT - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
FMTM MarketDesk Focused U.S. Momentum ETF | 21.20% | 28.21% |
VOLT Tema Electrification ETF | 30.27% | 31.29% |
Correlation
The correlation between FMTM and VOLT is 0.81, meaning they have usually moved in the same direction, including during past declines.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.81 |
Correlation (All Time) Calculated using the full available price history since Mar 20, 2025 | 0.78 |
The correlation between FMTM and VOLT has been stable across timeframes, ranging from 0.78 to 0.81 - a consistent structural relationship.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
FMTM vs. VOLT — Risk / Return Rank
FMTM
VOLT
FMTM vs. VOLT - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for MarketDesk Focused U.S. Momentum ETF (FMTM) and Tema Electrification ETF (VOLT). 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 | VOLT | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.08 | ||
| Sortino ratioReturn per unit of downside risk | +0.05 | ||
| Omega ratioGain probability vs. loss probability | 1.29 | 1.28 | +0.01 |
| Calmar ratioReturn relative to maximum drawdown | 2.99 | 2.34 | +0.65 |
| Martin ratioReturn relative to average drawdown | 10.28 | 8.84 | +1.44 |
Loading charts...
Drawdowns
FMTM vs. VOLT - Drawdown Comparison
The maximum FMTM drawdown since its inception was -15.40%, smaller than the maximum VOLT drawdown of -23.40%. Use the drawdown chart below to compare losses from any high point for FMTM and VOLT.
Loading charts...
Drawdown Indicators
| FMTM | VOLT | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -15.40% | -23.40% | +8.00% |
Max Drawdown (1Y)Largest decline over 1 year | -15.40% | -17.22% | +1.82% |
Current DrawdownCurrent decline from peak | -10.75% | -10.39% | -0.36% |
Average DrawdownAverage peak-to-trough decline | -2.45% | -5.35% | +2.90% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.47% | 4.55% | -0.08% |
Volatility
FMTM vs. VOLT - Volatility Comparison
The current volatility for MarketDesk Focused U.S. Momentum ETF (FMTM) is 9.02%, while Tema Electrification ETF (VOLT) has a volatility of 9.72%. This indicates that FMTM experiences smaller price fluctuations and is considered to be less risky than VOLT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| FMTM | VOLT | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 9.02% | 9.72% | -0.70% |
Volatility (6M)Calculated over the trailing 6-month period | 21.03% | 21.11% | -0.08% |
Volatility (1Y)Calculated over the trailing 1-year period | 26.65% | 24.49% | +2.16% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 24.75% | 25.46% | -0.71% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 24.75% | 25.46% | -0.71% |
FMTM vs. VOLT - Expense Ratio Comparison
FMTM has a 0.45% expense ratio, which is lower than VOLT's 0.75% expense ratio.
Dividends
FMTM vs. VOLT - Dividend Comparison
FMTM's dividend yield for the trailing twelve months is around 0.24%, less than VOLT's 0.35% yield.
| Position | TTM | 2025 | 2024 |
|---|---|---|---|
FMTM MarketDesk Focused U.S. Momentum ETF | 0.24% | 0.30% | 0.00% |
VOLT Tema Electrification ETF | 0.35% | 0.46% | 0.01% |
Frequently Asked Questions
FMTM and VOLT have a correlation of 0.81, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
VOLT has higher volatility (9.72%) compared to FMTM (9.02%). In terms of maximum drawdown, FMTM dropped -15.40% vs VOLT's -23.40%.
On 1-year performance, FMTM leads with 45.80% vs 40.13% for VOLT. On fees, FMTM is cheaper at 0.45% per year. On volatility, FMTM has been the lower-risk option at 9.02%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 1-year period, FMTM has performed better with a 45.80% return vs 40.13%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
FMTM is cheaper with a 0.45% expense ratio, compared with 0.75% for VOLT.
VOLT has the higher dividend yield at 0.35%, compared with 0.24% for FMTM.
FMTM is categorized as Momentum, while VOLT is Global Equities. Their fees differ too: 0.45% for FMTM and 0.75% for VOLT.
FMTM currently has the higher Sharpe Ratio (1.73 vs 1.65), 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.
Find the right allocation for FMTM and VOLT
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer