FTGS vs. FMTM

Last updated Jun 4, 2026

FTGS (First Trust Growth Strength ETF) and FMTM (MarketDesk Focused U.S. Momentum ETF) are both exchange-traded funds - FTGS is a Large Cap Growth Equities fund tracking the The Growth Strength Index - Benchmark TR Gross, while FMTM is a Momentum fund. FTGS is passively managed, while FMTM is actively managed. Over the past year, FTGS returned 12.55% vs 63.62% for FMTM. A 0.62 correlation means they provide meaningful diversification when combined. FTGS charges 0.60%/yr vs 0.45%/yr for FMTM.

Performance

FTGS vs. FMTM - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in First Trust Growth Strength ETF (FTGS) 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, FTGS achieves a 5.22% return, which is significantly lower than FMTM's 31.75% return.

FTGS

• 1D: -0.75%
• 1M: 3.43%
• YTD: 5.22%
• 6M: 5.10%
• 1Y: 12.55%
• 3Y*: 18.88%
• 5Y*: —
• 10Y*: —

FMTM

• 1D: 0.50%
• 1M: 6.28%
• YTD: 31.75%
• 6M: 34.74%
• 1Y: 63.62%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

FTGS vs. FMTM - Yearly Performance Comparison

	2026 (YTD)	2025
FTGS First Trust Growth Strength ETF	5.22%	18.36%
FMTM MarketDesk Focused U.S. Momentum ETF	31.75%	27.90%

Correlation

The correlation between FTGS and FMTM is 0.64, 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	0.64
Correlation (All Time) Calculated using the full available price history since Mar 21, 2025	0.62

The correlation between FTGS and FMTM has been stable across timeframes, ranging from 0.62 to 0.64 - a consistent structural relationship.

Return for Risk

FTGS vs. FMTM — Risk / Return Rank

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

FTGS

FTGS Risk / Return Rank: 27
FTGS Sharpe Ratio Rank: 26
FTGS Sortino Ratio Rank: 26
FTGS Omega Ratio Rank: 24
FTGS Calmar Ratio Rank: 27
FTGS Martin Ratio Rank: 31

FMTM

FMTM Risk / Return Rank: 82
FMTM Sharpe Ratio Rank: 84
FMTM Sortino Ratio Rank: 74
FMTM Omega Ratio Rank: 76
FMTM Calmar Ratio Rank: 88
FMTM Martin Ratio Rank: 89

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.

FTGS vs. FMTM - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for First Trust Growth Strength ETF (FTGS) 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.

	FTGS	FMTM	Difference
Sharpe ratio: Return per unit of total volatility	0.94	2.80	-1.86
Sortino ratio: Return per unit of downside risk	1.41	3.43	-2.02
Omega ratio: Gain probability vs. loss probability	1.17	1.46	-0.30
Calmar ratio: Return relative to maximum drawdown	1.33	5.28	-3.95
Martin ratio: Return relative to average drawdown	4.51	20.62	-16.11
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

FTGS vs. FMTM - Sharpe Ratio Comparison

The current FTGS Sharpe Ratio is 0.94, which is lower than the FMTM Sharpe Ratio of 2.80. The chart below compares the historical Sharpe Ratios of FTGS and FMTM, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	FTGS	FMTM	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.94	2.80	-1.86
Sharpe Ratio (All Time) Calculated using the full available price history	1.10	2.38	-1.28

Drawdowns

FTGS vs. FMTM - Drawdown Comparison

The maximum FTGS drawdown since its inception was -19.99%, which is greater than FMTM's maximum drawdown of -12.12%. Use the drawdown chart below to compare losses from any high point for FTGS and FMTM.

Drawdown Indicators

	FTGS	FMTM	Difference
Max Drawdown Largest peak-to-trough decline	-19.99%	-12.12%	-7.87%
Max Drawdown (1Y) Largest decline over 1 year	-9.47%	-12.12%	+2.65%
Max Drawdown (3Y) Largest decline over 3 years	-19.99%	—	—
Current Drawdown Current decline from peak	-1.66%	0.00%	-1.66%
Average Drawdown Average peak-to-trough decline	-2.75%	-1.89%	-0.86%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.79%	3.10%	-0.31%

Volatility

FTGS vs. FMTM - Volatility Comparison

The current volatility for First Trust Growth Strength ETF (FTGS) is 3.33%, while MarketDesk Focused U.S. Momentum ETF (FMTM) has a volatility of 6.52%. This indicates that FTGS experiences smaller price fluctuations and is considered to be less risky than FMTM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	FTGS	FMTM	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.33%	6.52%	-3.19%
Volatility (6M) Calculated over the trailing 6-month period	10.27%	17.83%	-7.56%
Volatility (1Y) Calculated over the trailing 1-year period	13.45%	22.82%	-9.37%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	17.15%	22.94%	-5.79%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	17.15%	22.94%	-5.79%

FTGS vs. FMTM - Expense Ratio Comparison

FTGS has a 0.60% expense ratio, which is higher than FMTM's 0.45% expense ratio.

Dividends

FTGS vs. FMTM - Dividend Comparison

FTGS's dividend yield for the trailing twelve months is around 0.09%, less than FMTM's 0.22% yield.

Position	TTM	2025	2024	2023	2022
FMTM MarketDesk Focused U.S. Momentum ETF	0.22%	0.30%	0.00%	0.00%	0.00%
FTGS First Trust Growth Strength ETF	0.09%	0.16%	0.39%	0.62%	0.21%

Frequently Asked Questions

Can I hold both FTGS and FMTM in my portfolio?

FTGS and FMTM have a correlation of 0.64, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, FTGS or FMTM?

FMTM has higher volatility (6.52%) compared to FTGS (3.33%). In terms of maximum drawdown, FTGS dropped -19.99% vs FMTM's -12.12%.

Which ETF is better, FTGS or FMTM?

On 1-year performance, FMTM leads with 63.62% vs 12.55% for FTGS. On fees, FMTM is cheaper at 0.45% per year. On volatility, FTGS has been the lower-risk option at 3.33%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, FTGS or FMTM?

Over the 1-year period, FMTM has performed better with a 63.62% return vs 12.55%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, FTGS or FMTM?

FMTM is cheaper with a 0.45% expense ratio, compared with 0.60% for FTGS.

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

FMTM has the higher dividend yield at 0.22%, compared with 0.09% for FTGS.

What is the main difference between FTGS and FMTM?

FTGS is categorized as Large Cap Growth Equities, while FMTM is Momentum. Their fees differ too: 0.60% for FTGS and 0.45% for FMTM.

Which has better risk-adjusted returns?

FMTM currently has the higher Sharpe Ratio (2.80 vs 0.94), 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.