MBCE vs. FMTM

Last updated Jul 15, 2026

MBCE (Monarch Blue Chips Elite Index ETF) and FMTM (MarketDesk Focused U.S. Momentum ETF) are both exchange-traded funds - MBCE is a Large Cap Growth Equities fund tracking the Monarch Blue Chips Elite Index, while FMTM is a Momentum fund. MBCE is passively managed, while FMTM is actively managed. Their correlation of 0.92 suggests significant overlap in exposure. MBCE charges 1.14%/yr vs 0.45%/yr for FMTM.

Performance

MBCE vs. FMTM - Performance Comparison

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

Returns By Period

MBCE

• 1D: 1.38%
• 1M: 0.54%
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

FMTM

• 1D: 1.78%
• 1M: -2.24%
• 6M: 16.84%
• YTD: 26.05%
• 1Y: 53.41%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

MBCE vs. FMTM - Yearly Performance Comparison

	2026 (YTD)
MBCE Monarch Blue Chips Elite Index ETF	-0.76%
FMTM MarketDesk Focused U.S. Momentum ETF	-3.85%

Correlation

The correlation between MBCE and FMTM is 0.92, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (All Time) Calculated using the full available price history since Jun 3, 2026	0.92

Return for Risk

MBCE vs. FMTM — Risk / Return Rank

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

MBCE

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

FMTM

FMTM Risk / Return Rank: 82
FMTM Sharpe Ratio Rank: 82
FMTM Sortino Ratio Rank: 72
FMTM Omega Ratio Rank: 73
FMTM Calmar Ratio Rank: 90
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.

MBCE vs. FMTM - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Monarch Blue Chips Elite Index ETF (MBCE) 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.

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.

	MBCE	FMTM	Difference
Sharpe ratio: Return per unit of total volatility	—	2.08	—
Sortino ratio: Return per unit of downside risk	—	2.60	—
Omega ratio: Gain probability vs. loss probability	—	1.34	—
Calmar ratio: Return relative to maximum drawdown	—	4.43	—
Martin ratio: Return relative to average drawdown	—	15.47	—

Drawdowns

MBCE vs. FMTM - Drawdown Comparison

The maximum MBCE drawdown since its inception was -7.15%, smaller than the maximum FMTM drawdown of -12.12%. Use the drawdown chart below to compare losses from any high point for MBCE and FMTM.

Drawdown Indicators

	MBCE	FMTM	Difference
Max Drawdown Largest peak-to-trough decline	-7.15%	-12.12%	+4.97%
Max Drawdown (1Y) Largest decline over 1 year	—	-12.12%	—
Current Drawdown Current decline from peak	-5.70%	-7.17%	+1.47%
Average Drawdown Average peak-to-trough decline	-3.47%	-2.05%	-1.42%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	3.46%	—

Volatility

Volatility by Period

	MBCE	FMTM	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	10.92%	—
Volatility (6M) Calculated over the trailing 6-month period	—	20.40%	—
Volatility (1Y) Calculated over the trailing 1-year period	42.90%	25.79%	+17.11%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	42.90%	24.51%	+18.39%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	42.90%	24.51%	+18.39%

MBCE vs. FMTM - Expense Ratio Comparison

MBCE has a 1.14% expense ratio, which is higher than FMTM's 0.45% expense ratio.

Dividends

MBCE vs. FMTM - Dividend Comparison

MBCE has not paid dividends to shareholders, while FMTM's dividend yield for the trailing twelve months is around 0.23%.

Position	TTM	2025
FMTM MarketDesk Focused U.S. Momentum ETF	0.23%	0.30%
MBCE Monarch Blue Chips Elite Index ETF	0.00%	0.00%

Frequently Asked Questions

Can I hold both MBCE and FMTM in my portfolio?

With a correlation of 0.92, MBCE and FMTM move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Which ETF is better, MBCE 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, MBCE or FMTM?

FMTM is cheaper with a 0.45% expense ratio, compared with 1.14% for MBCE.

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

FMTM has the higher dividend yield at 0.23%, compared with 0.00% for MBCE.

What is the main difference between MBCE and FMTM?

MBCE is categorized as Large Cap Growth Equities, while FMTM is Momentum. Their fees differ too: 1.14% for MBCE and 0.45% for FMTM.