VEGN vs. FMTM

Last updated Apr 2, 2026

Compare and contrast key facts about US Vegan Climate ETF (VEGN) and MarketDesk Focused U.S. Momentum ETF (FMTM).

VEGN and FMTM are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. VEGN is a passively managed fund by Beyond Investing that tracks the performance of the US Vegan Climate Index. It was launched on Sep 9, 2019.

Performance

VEGN vs. FMTM - Performance Comparison

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

VEGN vs. FMTM - Yearly Performance Comparison

	2026 (YTD)	2025
VEGN US Vegan Climate ETF	-5.66%	21.33%
FMTM MarketDesk Focused U.S. Momentum ETF	10.10%	27.90%

Returns By Period

In the year-to-date period, VEGN achieves a -5.66% return, which is significantly lower than FMTM's 10.10% return.

VEGN

• 1D: 1.37%
• 1M: -3.83%
• YTD: -5.66%
• 6M: -3.60%
• 1Y: 15.34%
• 3Y*: 18.58%
• 5Y*: 10.08%
• 10Y*: —

FMTM

• 1D: 1.78%
• 1M: -6.27%
• YTD: 10.10%
• 6M: 17.46%
• 1Y: 39.15%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

VEGN vs. FMTM - Expense Ratio Comparison

VEGN has a 0.60% expense ratio, which is higher than FMTM's 0.45% expense ratio.

VEGN

US Vegan Climate ETF

FMTM

MarketDesk Focused U.S. Momentum ETF

Return for Risk

VEGN vs. FMTM — Risk / Return Rank

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

VEGN

VEGN Risk / Return Rank: 42
VEGN Sharpe Ratio Rank: 37
VEGN Sortino Ratio Rank: 39
VEGN Omega Ratio Rank: 39
VEGN Calmar Ratio Rank: 47
VEGN Martin Ratio Rank: 47

FMTM

FMTM Risk / Return Rank: 84
FMTM Sharpe Ratio Rank: 83
FMTM Sortino Ratio Rank: 82
FMTM Omega Ratio Rank: 76
FMTM Calmar Ratio Rank: 90
FMTM Martin Ratio Rank: 90

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.

VEGN vs. FMTM - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for US Vegan Climate ETF (VEGN) 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.

	VEGN	FMTM	Difference
Sharpe ratio Return per unit of total volatility	0.74	1.68	-0.94
Sortino ratio Return per unit of downside risk	1.18	2.20	-1.03
Omega ratio Gain probability vs. loss probability	1.17	1.30	-0.14
Calmar ratio Return relative to maximum drawdown	1.29	3.23	-1.93
Martin ratio Return relative to average drawdown	4.75	12.18	-7.43
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

VEGN vs. FMTM - Sharpe Ratio Comparison

The current VEGN Sharpe Ratio is 0.74, which is lower than the FMTM Sharpe Ratio of 1.68. The chart below compares the historical Sharpe Ratios of VEGN and FMTM, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	VEGN	FMTM	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.74	1.68	-0.94
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.50	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.62	1.71	-1.08

Correlation

The correlation between VEGN and FMTM is 0.73, 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

VEGN vs. FMTM - Dividend Comparison

VEGN's dividend yield for the trailing twelve months is around 0.62%, more than FMTM's 0.27% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019
VEGN US Vegan Climate ETF	0.62%	0.51%	0.51%	0.67%	0.81%	0.41%	0.71%	0.29%
FMTM MarketDesk Focused U.S. Momentum ETF	0.27%	0.30%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Drawdowns

VEGN vs. FMTM - Drawdown Comparison

The maximum VEGN drawdown since its inception was -34.14%, which is greater than FMTM's maximum drawdown of -12.12%. Use the drawdown chart below to compare losses from any high point for VEGN and FMTM.

Drawdown Indicators

	VEGN	FMTM	Difference
Max Drawdown Largest peak-to-trough decline	-34.14%	-12.12%	-22.02%
Max Drawdown (1Y) Largest decline over 1 year	-12.26%	-12.12%	-0.14%
Max Drawdown (5Y) Largest decline over 5 years	-33.40%	—	—
Current Drawdown Current decline from peak	-8.03%	-6.27%	-1.76%
Average Drawdown Average peak-to-trough decline	-7.76%	-1.89%	-5.87%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.34%	3.21%	+0.13%

Volatility

VEGN vs. FMTM - Volatility Comparison

The current volatility for US Vegan Climate ETF (VEGN) is 6.09%, while MarketDesk Focused U.S. Momentum ETF (FMTM) has a volatility of 10.78%. This indicates that VEGN 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

	VEGN	FMTM	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.09%	10.78%	-4.69%
Volatility (6M) Calculated over the trailing 6-month period	12.29%	19.28%	-6.99%
Volatility (1Y) Calculated over the trailing 1-year period	20.80%	23.38%	-2.58%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	20.06%	23.19%	-3.13%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	22.81%	23.19%	-0.38%