TMFX vs. MFMO

Last updated Apr 2, 2026

Compare and contrast key facts about Motley Fool Next Index ETF (TMFX) and Motley Fool Momentum Factor ETF (MFMO).

TMFX and MFMO are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. TMFX is a passively managed fund by Motley Fool that tracks the performance of the Motley Fool Next Index. It was launched on Dec 29, 2021. MFMO is an actively managed fund by Motley Fool. It was launched on Dec 8, 2025.

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.

TMFX vs. MFMO - Yearly Performance Comparison

	2026 (YTD)	2025
TMFX Motley Fool Next Index ETF	-7.21%	-0.20%
MFMO Motley Fool Momentum Factor ETF	-2.03%	-1.90%

Returns By Period

In the year-to-date period, TMFX achieves a -7.21% return, which is significantly lower than MFMO's -2.03% return.

TMFX

• 1D: 0.12%
• 1M: -7.53%
• YTD: -7.21%
• 6M: -7.49%
• 1Y: 8.98%
• 3Y*: 9.68%
• 5Y*: —
• 10Y*: —

MFMO

• 1D: 1.63%
• 1M: -3.89%
• YTD: -2.03%
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

TMFX vs. MFMO - Expense Ratio Comparison

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

TMFX

Motley Fool Next Index ETF

MFMO

Motley Fool Momentum Factor ETF

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: 24
TMFX Sharpe Ratio Rank: 22
TMFX Sortino Ratio Rank: 24
TMFX Omega Ratio Rank: 23
TMFX Calmar Ratio Rank: 27
TMFX Martin Ratio Rank: 27

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	0.39	—	—
Sortino ratio Return per unit of downside risk	0.73	—	—
Omega ratio Gain probability vs. loss probability	1.10	—	—
Calmar ratio Return relative to maximum drawdown	0.64	—	—
Martin ratio Return relative to average drawdown	2.23	—	—
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	0.39	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.01	-0.51	+0.51

Correlation

The correlation between TMFX and MFMO is 0.84, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.

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.

	TTM	2025	2024	2023	2022
TMFX Motley Fool Next Index ETF	0.05%	0.05%	0.06%	0.16%	0.22%
MFMO Motley Fool Momentum Factor ETF	0.00%	0.00%	0.00%	0.00%	0.00%

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	-14.74%	—	—
Current Drawdown Current decline from peak	-11.01%	-6.73%	-4.28%
Average Drawdown Average peak-to-trough decline	-14.74%	-3.09%	-11.65%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.25%	—	—

Volatility

Volatility by Period

	TMFX	MFMO	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.46%	—	—
Volatility (6M) Calculated over the trailing 6-month period	13.03%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	23.11%	24.22%	-1.11%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	23.62%	24.22%	-0.60%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	23.62%	24.22%	-0.60%