OGIG vs. FMTM

Last updated Jun 24, 2026

OGIG (O’Shares Global Internet Giants ETF) and FMTM (MarketDesk Focused U.S. Momentum ETF) are both exchange-traded funds - OGIG is a Large Cap Growth Equities fund tracking the O’Shares Global Internet Giants Index, while FMTM is a Momentum fund. OGIG is passively managed, while FMTM is actively managed. Over the past year, OGIG returned -16.68% vs 61.05% for FMTM. At a 0.43 correlation, their price movements are largely independent. OGIG charges 0.48%/yr vs 0.45%/yr for FMTM.

Performance

OGIG vs. FMTM - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in O’Shares Global Internet Giants ETF (OGIG) 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, OGIG achieves a -18.24% return, which is significantly lower than FMTM's 30.53% return.

OGIG

• 1D: -0.32%
• 1M: -5.75%
• YTD: -18.24%
• 6M: -19.41%
• 1Y: -16.68%
• 3Y*: 11.17%
• 5Y*: -5.48%
• 10Y*: —

FMTM

• 1D: -3.43%
• 1M: 4.31%
• YTD: 30.53%
• 6M: 28.10%
• 1Y: 61.05%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

OGIG vs. FMTM - Yearly Performance Comparison

	2026 (YTD)	2025
OGIG O’Shares Global Internet Giants ETF	-18.24%	15.40%
FMTM MarketDesk Focused U.S. Momentum ETF	30.53%	28.21%

Correlation

The correlation between OGIG and FMTM is 0.45, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.45
Correlation (All Time) Calculated using the full available price history since Mar 20, 2025	0.43

Return for Risk

OGIG vs. FMTM — Risk / Return Rank

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

OGIG

OGIG Risk / Return Rank: 4
OGIG Sharpe Ratio Rank: 3
OGIG Sortino Ratio Rank: 3
OGIG Omega Ratio Rank: 3
OGIG Calmar Ratio Rank: 5
OGIG Martin Ratio Rank: 4

FMTM

FMTM Risk / Return Rank: 81
FMTM Sharpe Ratio Rank: 82
FMTM Sortino Ratio Rank: 72
FMTM Omega Ratio Rank: 74
FMTM Calmar Ratio Rank: 89
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.

OGIG vs. FMTM - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for O’Shares Global Internet Giants ETF (OGIG) 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.

	OGIG	FMTM	Difference
Sharpe ratio: Return per unit of total volatility	-0.73	2.53	-3.26
Sortino ratio: Return per unit of downside risk	-0.91	3.09	-4.00
Omega ratio: Gain probability vs. loss probability	0.89	1.42	-0.52
Calmar ratio: Return relative to maximum drawdown	-0.50	5.06	-5.57
Martin ratio: Return relative to average drawdown	-1.00	19.29	-20.29

OGIG vs. FMTM - Sharpe Ratio Comparison

The current OGIG Sharpe Ratio is -0.73, which is lower than the FMTM Sharpe Ratio of 2.53. The chart below compares the historical Sharpe Ratios of OGIG 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.

Drawdowns

OGIG vs. FMTM - Drawdown Comparison

The maximum OGIG drawdown since its inception was -66.05%, which is greater than FMTM's maximum drawdown of -12.12%. Use the drawdown chart below to compare losses from any high point for OGIG and FMTM.

Drawdown Indicators

	OGIG	FMTM	Difference
Max Drawdown Largest peak-to-trough decline	-66.05%	-12.12%	-53.93%
Max Drawdown (1Y) Largest decline over 1 year	-33.23%	-12.12%	-21.11%
Max Drawdown (3Y) Largest decline over 3 years	-33.23%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-62.79%	—	—
Current Drawdown Current decline from peak	-32.46%	-3.43%	-29.03%
Average Drawdown Average peak-to-trough decline	-25.68%	-1.91%	-23.77%
Ulcer Index Depth and duration of drawdowns from previous peaks	16.69%	3.17%	+13.52%

Volatility

OGIG vs. FMTM - Volatility Comparison

O’Shares Global Internet Giants ETF (OGIG) and MarketDesk Focused U.S. Momentum ETF (FMTM) have volatilities of 9.72% and 9.38%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	OGIG	FMTM	Difference
Volatility (1M) Calculated over the trailing 1-month period	9.72%	9.38%	+0.34%
Volatility (6M) Calculated over the trailing 6-month period	18.95%	19.05%	-0.10%
Volatility (1Y) Calculated over the trailing 1-year period	22.82%	24.27%	-1.45%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	31.68%	23.68%	+8.00%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	31.00%	23.68%	+7.32%

OGIG vs. FMTM - Expense Ratio Comparison

OGIG has a 0.48% expense ratio, which is higher than FMTM's 0.45% expense ratio.

Dividends

OGIG vs. FMTM - Dividend Comparison

OGIG's dividend yield for the trailing twelve months is around 0.09%, less than FMTM's 0.23% yield.

Position	TTM	2025
FMTM MarketDesk Focused U.S. Momentum ETF	0.23%	0.30%
OGIG O’Shares Global Internet Giants ETF	0.09%	0.07%

Frequently Asked Questions

Can I hold both OGIG and FMTM in my portfolio?

OGIG and FMTM have a correlation of 0.45, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, OGIG or FMTM?

OGIG has higher volatility (9.72%) compared to FMTM (9.38%). In terms of maximum drawdown, OGIG dropped -66.05% vs FMTM's -12.12%.

Which ETF is better, OGIG or FMTM?

On 1-year performance, FMTM leads with 61.05% vs -16.68% for OGIG. On fees, FMTM is cheaper at 0.45% per year. On volatility, FMTM has been the lower-risk option at 9.38%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, OGIG or FMTM?

Over the 1-year period, FMTM has performed better with a 61.05% return vs -16.68%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, OGIG or FMTM?

FMTM is cheaper with a 0.45% expense ratio, compared with 0.48% for OGIG.

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

FMTM has the higher dividend yield at 0.23%, compared with 0.09% for OGIG.

What is the main difference between OGIG and FMTM?

OGIG is categorized as Large Cap Growth Equities, while FMTM is Momentum. Their fees differ too: 0.48% for OGIG and 0.45% for FMTM.

Which has better risk-adjusted returns?

FMTM currently has the higher Sharpe Ratio (2.53 vs -0.73), 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.