TLN vs. FMTM

Last updated Jul 17, 2026

TLN (Talen Energy Corporation) is a stock, while FMTM (MarketDesk Focused U.S. Momentum ETF) is Momentum fund. Over the past year, TLN returned 39.09% vs 46.82% for FMTM. At a 0.46 correlation, their price movements are largely independent.

Performance

TLN vs. FMTM - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Talen Energy Corporation (TLN) 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, TLN achieves a -1.75% return, which is significantly lower than FMTM's 19.80% return.

TLN

• 1D: -7.96%
• 1M: -9.40%
• 6M: -12.12%
• YTD: -1.75%
• 1Y: 39.09%
• 3Y*: —
• 5Y*: —
• 10Y*: —

FMTM

• 1D: -3.31%
• 1M: -7.36%
• 6M: 9.77%
• YTD: 19.80%
• 1Y: 46.82%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

TLN vs. FMTM - Yearly Performance Comparison

	2026 (YTD)	2025
TLN Talen Energy Corporation	-1.75%	78.24%
FMTM MarketDesk Focused U.S. Momentum ETF	19.80%	28.21%

Correlation

The correlation between TLN and FMTM is 0.50, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.50
Correlation (All Time) Calculated using the full available price history since Mar 20, 2025	0.46

Return for Risk

TLN vs. FMTM — Risk / Return Rank

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

TLN

TLN Risk / Return Rank: 67
TLN Sharpe Ratio Rank: 67
TLN Sortino Ratio Rank: 66
TLN Omega Ratio Rank: 64
TLN Calmar Ratio Rank: 69
TLN Martin Ratio Rank: 67

FMTM

FMTM Risk / Return Rank: 73
FMTM Sharpe Ratio Rank: 70
FMTM Sortino Ratio Rank: 61
FMTM Omega Ratio Rank: 62
FMTM Calmar Ratio Rank: 87
FMTM Martin Ratio Rank: 83

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.

TLN vs. FMTM - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Talen Energy Corporation (TLN) 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.

	TLN	FMTM	Difference
Sharpe ratio: Return per unit of total volatility	0.67	1.80	-1.13
Sortino ratio: Return per unit of downside risk	1.33	2.31	-0.98
Omega ratio: Gain probability vs. loss probability	1.16	1.30	-0.14
Calmar ratio: Return relative to maximum drawdown	1.23	3.88	-2.66
Martin ratio: Return relative to average drawdown	2.41	13.10	-10.69

TLN vs. FMTM - Sharpe Ratio Comparison

The current TLN Sharpe Ratio is 0.67, which is lower than the FMTM Sharpe Ratio of 1.80. The chart below compares the historical Sharpe Ratios of TLN 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

TLN vs. FMTM - Drawdown Comparison

The maximum TLN drawdown since its inception was -33.80%, which is greater than FMTM's maximum drawdown of -12.12%. Use the drawdown chart below to compare losses from any high point for TLN and FMTM.

Drawdown Indicators

	TLN	FMTM	Difference
Max Drawdown Largest peak-to-trough decline	-33.80%	-12.12%	-21.68%
Max Drawdown (1Y) Largest decline over 1 year	-32.05%	-12.12%	-19.93%
Current Drawdown Current decline from peak	-17.39%	-11.78%	-5.61%
Average Drawdown Average peak-to-trough decline	-10.79%	-2.10%	-8.69%
Ulcer Index Depth and duration of drawdowns from previous peaks	16.27%	3.58%	+12.69%

Volatility

TLN vs. FMTM - Volatility Comparison

Talen Energy Corporation (TLN) has a higher volatility of 17.65% compared to MarketDesk Focused U.S. Momentum ETF (FMTM) at 11.19%. This indicates that TLN's price experiences larger fluctuations and is considered to be riskier than FMTM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	TLN	FMTM	Difference
Volatility (1M) Calculated over the trailing 1-month period	17.65%	11.19%	+6.46%
Volatility (6M) Calculated over the trailing 6-month period	43.33%	20.75%	+22.58%
Volatility (1Y) Calculated over the trailing 1-year period	58.38%	26.07%	+32.31%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	60.03%	24.68%	+35.35%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	60.03%	24.68%	+35.35%

Dividends

TLN vs. FMTM - Dividend Comparison

TLN has not paid dividends to shareholders, while FMTM's dividend yield for the trailing twelve months is around 0.25%.

Position	TTM	2025
FMTM MarketDesk Focused U.S. Momentum ETF	0.25%	0.30%
TLN Talen Energy Corporation	0.00%	0.00%

Frequently Asked Questions

Can I hold both TLN and FMTM in my portfolio?

TLN and FMTM have a correlation of 0.50, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, TLN or FMTM?

TLN has higher volatility (17.65%) compared to FMTM (11.19%). In terms of maximum drawdown, TLN dropped -33.80% vs FMTM's -12.12%.

Which has better risk-adjusted returns?

FMTM currently has the higher Sharpe Ratio (1.80 vs 0.67), 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.