MFIG vs. TMFX

Last updated Jun 24, 2026

MFIG (Motley Fool Innovative Growth Factor ETF) and TMFX (Motley Fool Next Index ETF) are both exchange-traded funds - MFIG is a Large Cap Growth Equities fund tracking the Motley Fool Innovative Growth Index, while TMFX is a Mid Cap Growth Equities fund tracking the Motley Fool Next Index. Both are passively managed. Their correlation of 0.84 suggests significant overlap in exposure. Both charge a 0.50% expense ratio.

Performance

MFIG vs. TMFX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Motley Fool Innovative Growth Factor ETF (MFIG) and Motley Fool Next Index ETF (TMFX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, MFIG achieves a -0.33% return, which is significantly lower than TMFX's 1.68% return.

MFIG

• 1D: -0.81%
• 1M: -2.41%
• YTD: -0.33%
• 6M: -1.71%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

TMFX

• 1D: -0.47%
• 1M: 0.30%
• YTD: 1.68%
• 6M: -0.26%
• 1Y: 10.28%
• 3Y*: 12.37%
• 5Y*: —
• 10Y*: —

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

MFIG vs. TMFX - Yearly Performance Comparison

	2026 (YTD)	2025
MFIG Motley Fool Innovative Growth Factor ETF	-0.33%	-0.09%
TMFX Motley Fool Next Index ETF	1.68%	-0.39%

Correlation

The correlation between MFIG and TMFX is 0.84, 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 Dec 9, 2025	0.84

Return for Risk

MFIG vs. TMFX — Risk / Return Rank

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

MFIG

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

TMFX

TMFX Risk / Return Rank: 18
TMFX Sharpe Ratio Rank: 19
TMFX Sortino Ratio Rank: 18
TMFX Omega Ratio Rank: 17
TMFX Calmar Ratio Rank: 18
TMFX Martin Ratio Rank: 20

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.

MFIG vs. TMFX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Motley Fool Innovative Growth Factor ETF (MFIG) and Motley Fool Next Index ETF (TMFX). 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.

	MFIG	TMFX	Difference
Sharpe ratio: Return per unit of total volatility	—	0.60	—
Sortino ratio: Return per unit of downside risk	—	0.97	—
Omega ratio: Gain probability vs. loss probability	—	1.11	—
Calmar ratio: Return relative to maximum drawdown	—	0.74	—
Martin ratio: Return relative to average drawdown	—	2.34	—

Drawdowns

MFIG vs. TMFX - Drawdown Comparison

The maximum MFIG drawdown since its inception was -14.29%, smaller than the maximum TMFX drawdown of -34.72%. Use the drawdown chart below to compare losses from any high point for MFIG and TMFX.

Drawdown Indicators

	MFIG	TMFX	Difference
Max Drawdown Largest peak-to-trough decline	-14.29%	-34.72%	+20.43%
Max Drawdown (1Y) Largest decline over 1 year	—	-13.95%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-24.05%	—
Current Drawdown Current decline from peak	-6.50%	-4.06%	-2.44%
Average Drawdown Average peak-to-trough decline	-4.61%	-14.57%	+9.96%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	4.40%	—

Volatility

Volatility by Period

	MFIG	TMFX	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	5.40%	—
Volatility (6M) Calculated over the trailing 6-month period	—	12.80%	—
Volatility (1Y) Calculated over the trailing 1-year period	17.10%	17.13%	-0.03%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	17.10%	23.33%	-6.23%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	17.10%	23.33%	-6.23%

MFIG vs. TMFX - Expense Ratio Comparison

Both MFIG and TMFX have an expense ratio of 0.50%.

Dividends

MFIG vs. TMFX - Dividend Comparison

MFIG has not paid dividends to shareholders, while TMFX's dividend yield for the trailing twelve months is around 0.05%.

Position	TTM	2025	2024	2023	2022
MFIG Motley Fool Innovative Growth Factor ETF	0.00%	0.00%	0.00%	0.00%	0.00%
TMFX Motley Fool Next Index ETF	0.05%	0.05%	0.06%	0.16%	0.22%

Frequently Asked Questions

Can I hold both MFIG and TMFX in my portfolio?

MFIG and TMFX have a correlation of 0.84, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, MFIG or TMFX?

Both ETFs have the same 0.50% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, MFIG or TMFX?

MFIG and TMFX have the same expense ratio: 0.50% per year.

Which ETF pays a higher dividend yield, MFIG or TMFX?

TMFX has the higher dividend yield at 0.05%, compared with 0.00% for MFIG.

What is the main difference between MFIG and TMFX?

MFIG is categorized as Large Cap Growth Equities, while TMFX is Mid Cap Growth Equities. MFIG tracks Motley Fool Innovative Growth Index, while TMFX tracks Motley Fool Next Index.