TMFX vs. MFMO

Last updated Jun 4, 2026

TMFX (Motley Fool Next Index ETF) and MFMO (Motley Fool Momentum Factor ETF) are both exchange-traded funds - TMFX is a Mid Cap Growth Equities fund tracking the Motley Fool Next Index, while MFMO is a Momentum fund actively managed by Motley Fool. TMFX is passively managed, while MFMO is actively managed. A 0.65 correlation means they provide meaningful diversification when combined. Both charge a 0.50% expense ratio.

Performance

TMFX vs. MFMO - Performance Comparison

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

Returns By Period

In the year-to-date period, TMFX achieves a 4.09% return, which is significantly lower than MFMO's 25.49% return.

TMFX

• 1D: -0.92%
• 1M: 5.95%
• YTD: 4.09%
• 6M: 4.52%
• 1Y: 12.73%
• 3Y*: 13.61%
• 5Y*: —
• 10Y*: —

MFMO

• 1D: 0.71%
• 1M: 11.78%
• YTD: 25.49%
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

TMFX vs. MFMO - Yearly Performance Comparison

	2026 (YTD)	2025
TMFX Motley Fool Next Index ETF	4.09%	-0.20%
MFMO Motley Fool Momentum Factor ETF	25.49%	-1.90%

Correlation

The correlation between TMFX and MFMO is 0.65, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (All Time) Calculated using the full available price history since Dec 10, 2025	0.65

Return for Risk

TMFX vs. MFMO — Risk / Return Rank

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

TMFX

TMFX Risk / Return Rank: 21
TMFX Sharpe Ratio Rank: 21
TMFX Sortino Ratio Rank: 21
TMFX Omega Ratio Rank: 20
TMFX Calmar Ratio Rank: 21
TMFX Martin Ratio Rank: 23

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.

TMFX vs. MFMO - Risk-Adjusted Trends Comparison

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

	TMFX	MFMO	Difference
Sharpe ratio: Return per unit of total volatility	0.76	—	—
Sortino ratio: Return per unit of downside risk	1.18	—	—
Omega ratio: Gain probability vs. loss probability	1.13	—	—
Calmar ratio: Return relative to maximum drawdown	0.92	—	—
Martin ratio: Return relative to average drawdown	2.93	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	TMFX	MFMO	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.76	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.12	2.24	-2.12

Drawdowns

TMFX vs. MFMO - Drawdown Comparison

The maximum TMFX drawdown since its inception was -34.30%, which is greater than MFMO's maximum drawdown of -12.05%. Use the drawdown chart below to compare losses from any high point for TMFX and MFMO.

Drawdown Indicators

	TMFX	MFMO	Difference
Max Drawdown Largest peak-to-trough decline	-34.30%	-12.05%	-22.25%
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	-1.78%	0.00%	-1.78%
Average Drawdown Average peak-to-trough decline	-14.38%	-2.42%	-11.96%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.35%	—	—

Volatility

Volatility by Period

	TMFX	MFMO	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.11%	—	—
Volatility (6M) Calculated over the trailing 6-month period	12.33%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	16.86%	24.50%	-7.64%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	23.39%	24.50%	-1.11%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	23.39%	24.50%	-1.11%

TMFX vs. MFMO - Expense Ratio Comparison

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

Dividends

TMFX vs. MFMO - Dividend Comparison

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

Position	TTM	2025	2024	2023	2022
MFMO Motley Fool Momentum 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 TMFX and MFMO in my portfolio?

TMFX and MFMO have a correlation of 0.65, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, TMFX or MFMO?

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, TMFX or MFMO?

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

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

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

What is the main difference between TMFX and MFMO?

TMFX is categorized as Mid Cap Growth Equities, while MFMO is Momentum.