MFMO vs. MTUM
MFMO (Motley Fool Momentum Factor ETF) and MTUM (iShares MSCI USA Momentum Factor ETF) are both Momentum funds. MFMO is actively managed, while MTUM is passively managed. With a 0.96 correlation, they move nearly in lockstep. MFMO charges 0.50%/yr vs 0.15%/yr for MTUM.
Performance
MFMO vs. MTUM - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, MFMO achieves a 24.12% return, which is significantly lower than MTUM's 31.46% return.
MFMO
- 1D
- -3.40%
- 1M
- 1.24%
- YTD
- 24.12%
- 6M
- 22.26%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
MTUM
- 1D
- -0.41%
- 1M
- 8.29%
- YTD
- 31.46%
- 6M
- 28.81%
- 1Y
- 39.62%
- 3Y*
- 33.68%
- 5Y*
- 15.03%
- 10Y*
- 17.44%
MFMO vs. MTUM - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
MFMO Motley Fool Momentum Factor ETF | 24.12% | -1.80% |
MTUM iShares MSCI USA Momentum Factor ETF | 31.46% | -0.94% |
Correlation
The correlation between MFMO and MTUM is 0.96 - these two move nearly in lockstep. At this level, holding both provides almost no diversification benefit. If you already own one, adding the other does little to reduce portfolio risk.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Dec 9, 2025 | 0.96 |
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
MFMO vs. MTUM — Risk / Return Rank
MFMO
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
MTUM
MFMO vs. MTUM - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Motley Fool Momentum Factor ETF (MFMO) and iShares MSCI USA Momentum Factor ETF (MTUM). 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.
| MFMO | MTUM | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | — | 1.33 | — |
| Calmar ratioReturn relative to maximum drawdown | — | 3.45 | — |
| Martin ratioReturn relative to average drawdown | — | 13.13 | — |
Loading charts...
Drawdowns
MFMO vs. MTUM - Drawdown Comparison
The maximum MFMO drawdown since its inception was -12.05%, smaller than the maximum MTUM drawdown of -34.08%. Use the drawdown chart below to compare losses from any high point for MFMO and MTUM.
Loading charts...
Drawdown Indicators
| MFMO | MTUM | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -12.05% | -34.08% | +22.03% |
Max Drawdown (1Y)Largest decline over 1 year | — | -11.54% | — |
Max Drawdown (3Y)Largest decline over 3 years | — | -20.99% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -32.28% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -34.08% | — |
Current DrawdownCurrent decline from peak | -3.40% | -4.87% | +1.47% |
Average DrawdownAverage peak-to-trough decline | -2.41% | -6.19% | +3.78% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 3.03% | — |
Volatility
MFMO vs. MTUM - Volatility Comparison
Loading charts...
Volatility by Period
| MFMO | MTUM | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 12.23% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 19.36% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 26.66% | 21.89% | +4.77% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 26.66% | 21.15% | +5.51% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 26.66% | 21.31% | +5.35% |
MFMO vs. MTUM - Expense Ratio Comparison
MFMO has a 0.50% expense ratio, which is higher than MTUM's 0.15% expense ratio.
Dividends
MFMO vs. MTUM - Dividend Comparison
MFMO has not paid dividends to shareholders, while MTUM's dividend yield for the trailing twelve months is around 0.56%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
MFMO Motley Fool Momentum Factor ETF | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
MTUM iShares MSCI USA Momentum Factor ETF | 0.56% | 0.91% | 0.75% | 1.35% | 1.80% | 0.55% | 0.83% | 1.48% | 1.27% | 1.02% | 1.43% | 1.12% |
Frequently Asked Questions
With a correlation of 0.96, MFMO and MTUM 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.
On fees, MTUM is cheaper at 0.15% per year. The better choice depends on whether you care most about return, fees, risk, or income.
MTUM is cheaper with a 0.15% expense ratio, compared with 0.50% for MFMO.
MTUM has the higher dividend yield at 0.56%, compared with 0.00% for MFMO.
They also come from different issuers: Motley Fool and iShares. Their fees differ too: 0.50% for MFMO and 0.15% for MTUM.
Find the right allocation for MFMO and MTUM
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