GARY vs. FMTM

Last updated Jun 4, 2026

GARY (Mango Growth ETF) and FMTM (MarketDesk Focused U.S. Momentum ETF) are both exchange-traded funds - GARY is a Large Cap Growth Equities fund actively managed by Mango, while FMTM is a Momentum fund. Both are actively managed. A 0.73 correlation means they provide meaningful diversification when combined. GARY charges 0.77%/yr vs 0.45%/yr for FMTM.

Performance

GARY vs. FMTM - Performance Comparison

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

Returns By Period

The year-to-date returns for both investments are quite close, with GARY having a 30.72% return and FMTM slightly higher at 31.75%.

GARY

• 1D: -0.73%
• 1M: 12.07%
• YTD: 30.72%
• 6M: —
• 1Y: —
• 3Y*: —
• 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)

GARY vs. FMTM - Yearly Performance Comparison

	2026 (YTD)	2025
GARY Mango Growth ETF	30.72%	0.25%
FMTM MarketDesk Focused U.S. Momentum ETF	31.75%	-1.78%

Correlation

The correlation between GARY and FMTM is 0.73, 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 Dec 23, 2025	0.73

Return for Risk

GARY vs. FMTM — Risk / Return Rank

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

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.

GARY vs. FMTM - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Mango Growth ETF (GARY) 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.

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

Sharpe Ratios by Period

	GARY	FMTM	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	2.80	—
Sharpe Ratio (All Time) Calculated using the full available price history	4.42	2.38	+2.04

Drawdowns

GARY vs. FMTM - Drawdown Comparison

The maximum GARY drawdown since its inception was -10.28%, smaller than the maximum FMTM drawdown of -12.12%. Use the drawdown chart below to compare losses from any high point for GARY and FMTM.

Drawdown Indicators

	GARY	FMTM	Difference
Max Drawdown Largest peak-to-trough decline	-10.28%	-12.12%	+1.84%
Max Drawdown (1Y) Largest decline over 1 year	—	-12.12%	—
Current Drawdown Current decline from peak	-0.73%	0.00%	-0.73%
Average Drawdown Average peak-to-trough decline	-1.69%	-1.89%	+0.20%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	3.10%	—

Volatility

Volatility by Period

	GARY	FMTM	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	6.52%	—
Volatility (6M) Calculated over the trailing 6-month period	—	17.83%	—
Volatility (1Y) Calculated over the trailing 1-year period	19.25%	22.82%	-3.57%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	19.25%	22.94%	-3.69%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	19.25%	22.94%	-3.69%

GARY vs. FMTM - Expense Ratio Comparison

GARY has a 0.77% expense ratio, which is higher than FMTM's 0.45% expense ratio.

Dividends

GARY vs. FMTM - Dividend Comparison

GARY's dividend yield for the trailing twelve months is around 0.04%, less than FMTM's 0.22% yield.

Position	TTM	2025
FMTM MarketDesk Focused U.S. Momentum ETF	0.22%	0.30%
GARY Mango Growth ETF	0.04%	0.05%

Frequently Asked Questions

Can I hold both GARY and FMTM in my portfolio?

GARY and FMTM have a correlation of 0.73, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, GARY or FMTM?

On fees, FMTM is cheaper at 0.45% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, GARY or FMTM?

FMTM is cheaper with a 0.45% expense ratio, compared with 0.77% for GARY.

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

FMTM has the higher dividend yield at 0.22%, compared with 0.04% for GARY.

What is the main difference between GARY and FMTM?

GARY is categorized as Large Cap Growth Equities, while FMTM is Momentum. Their fees differ too: 0.77% for GARY and 0.45% for FMTM.