TSEL vs. FMTM

Last updated Aug 4, 2026

TSEL (Touchstone Sands Capital US Select Growth ETF) and FMTM (MarketDesk Focused U.S. Momentum ETF) are both exchange-traded funds - TSEL is a Large Cap Growth Equities fund actively managed by Touchstone, while FMTM is a Momentum fund. Both are actively managed. Over the past year, TSEL returned -0.10% vs 45.80% for FMTM. Their 0.59 correlation means they have sometimes moved together and sometimes differently. TSEL charges 0.67%/yr vs 0.45%/yr for FMTM.

Performance

TSEL vs. FMTM - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Touchstone Sands Capital US Select Growth ETF (TSEL) and MarketDesk Focused U.S. Momentum ETF (FMTM). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

TSEL

• 1D: 2.24%
• 1M: -0.59%
• 6M: 4.83%
• YTD: 0.00%
• 1Y: -0.10%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: 7.69%

FMTM

• 1D: 1.43%
• 1M: -3.99%
• 6M: 8.80%
• YTD: 21.20%
• 1Y: 45.80%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: 37.89%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
FMTM MarketDesk Focused U.S. Momentum ETF	$7.19M	$8.18M	$9.06M
TSEL Touchstone Sands Capital US Select Growth ETF	$236.25K	$208.88K	$1.27M

TSEL vs. FMTM - Yearly Performance Comparison

	2026 (YTD)	2025
TSEL Touchstone Sands Capital US Select Growth ETF	0.00%	21.04%
FMTM MarketDesk Focused U.S. Momentum ETF	21.20%	28.21%

Correlation

The correlation between TSEL and FMTM is 0.66, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.66
Correlation (All Time) Calculated using the full available price history since Mar 20, 2025	0.59

The correlation between TSEL and FMTM has been stable across timeframes, ranging from 0.59 to 0.66 - a consistent structural relationship.

Return for Risk

TSEL vs. FMTM — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

TSEL

TSEL Risk / Return Rank: 11
TSEL Sharpe Ratio Rank: 11
TSEL Sortino Ratio Rank: 11
TSEL Omega Ratio Rank: 11
TSEL Calmar Ratio Rank: 11
TSEL Martin Ratio Rank: 10

FMTM

FMTM Risk / Return Rank: 74
FMTM Sharpe Ratio Rank: 75
FMTM Sortino Ratio Rank: 67
FMTM Omega Ratio Rank: 67
FMTM Calmar Ratio Rank: 81
FMTM Martin Ratio Rank: 79

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

TSEL vs. FMTM - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Touchstone Sands Capital US Select Growth ETF (TSEL) 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.

	TSEL	FMTM	Difference
Sharpe ratio: Return per unit of total volatility	-0.00	1.73	-1.73
Sortino ratio: Return per unit of downside risk	0.15	2.25	-2.10
Omega ratio: Gain probability vs. loss probability	1.02	1.29	-0.27
Calmar ratio: Return relative to maximum drawdown	-0.00	2.99	-2.99
Martin ratio: Return relative to average drawdown	-0.01	10.28	-10.29

TSEL vs. FMTM - Sharpe Ratio Comparison

The current TSEL Sharpe Ratio is -0.00, which is lower than the FMTM Sharpe Ratio of 1.73. The chart below compares the historical Sharpe Ratios of TSEL 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

TSEL vs. FMTM - Drawdown Comparison

The maximum TSEL drawdown since its inception was -28.95%, which is greater than FMTM's maximum drawdown of -15.40%. Use the drawdown chart below to compare losses from any high point for TSEL and FMTM.

Drawdown Indicators

	TSEL	FMTM	Difference
Max Drawdown Largest peak-to-trough decline	-28.95%	-15.40%	-13.55%
Max Drawdown (1Y) Largest decline over 1 year	-23.47%	-15.40%	-8.07%
Current Drawdown Current decline from peak	-8.39%	-10.75%	+2.36%
Average Drawdown Average peak-to-trough decline	-8.22%	-2.45%	-5.77%
Ulcer Index Depth and duration of drawdowns from previous peaks	10.03%	4.47%	+5.56%

Volatility

TSEL vs. FMTM - Volatility Comparison

The current volatility for Touchstone Sands Capital US Select Growth ETF (TSEL) is 8.18%, while MarketDesk Focused U.S. Momentum ETF (FMTM) has a volatility of 9.02%. This indicates that TSEL experiences smaller price fluctuations and is considered to be less risky than FMTM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	TSEL	FMTM	Difference
Volatility (1M) Calculated over the trailing 1-month period	8.18%	9.02%	-0.84%
Volatility (6M) Calculated over the trailing 6-month period	18.14%	21.03%	-2.89%
Volatility (1Y) Calculated over the trailing 1-year period	22.59%	26.65%	-4.06%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	27.04%	24.75%	+2.29%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	27.04%	24.75%	+2.29%

TSEL vs. FMTM - Expense Ratio Comparison

TSEL has a 0.67% expense ratio, which is higher than FMTM's 0.45% expense ratio.

Dividends

TSEL vs. FMTM - Dividend Comparison

TSEL has not paid dividends to shareholders, while FMTM's dividend yield for the trailing twelve months is around 0.24%.

Position	TTM	2025
FMTM MarketDesk Focused U.S. Momentum ETF	0.24%	0.30%
TSEL Touchstone Sands Capital US Select Growth ETF	0.00%	0.00%

Frequently Asked Questions

Can I hold both TSEL and FMTM in my portfolio?

TSEL and FMTM have a correlation of 0.66, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, TSEL or FMTM?

FMTM has higher volatility (9.02%) compared to TSEL (8.18%). In terms of maximum drawdown, TSEL dropped -28.95% vs FMTM's -15.40%.

Which ETF is better, TSEL or FMTM?

On 1-year performance, FMTM leads with 45.80% vs -0.10% for TSEL. On fees, FMTM is cheaper at 0.45% per year. On volatility, TSEL has been the lower-risk option at 8.18%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, TSEL or FMTM?

Over the 1-year period, FMTM has performed better with a 45.80% return vs -0.10%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, TSEL or FMTM?

FMTM is cheaper with a 0.45% expense ratio, compared with 0.67% for TSEL.

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

FMTM has the higher dividend yield at 0.24%, compared with 0.00% for TSEL.

What is the main difference between TSEL and FMTM?

TSEL is categorized as Large Cap Growth Equities, while FMTM is Momentum. Their fees differ too: 0.67% for TSEL and 0.45% for FMTM.

Which has better risk-adjusted returns?

FMTM currently has the higher Sharpe Ratio (1.73 vs -0.00), 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.