WQTM vs. FMTM

Last updated Jun 4, 2026

WQTM (WisdomTree Quantum Computing Fund) and FMTM (MarketDesk Focused U.S. Momentum ETF) are both exchange-traded funds - WQTM is a Technology Equities fund actively managed by WisdomTree, while FMTM is a Momentum fund. Both are actively managed. A 0.70 correlation means they provide meaningful diversification when combined. Both charge a 0.45% expense ratio.

Performance

WQTM vs. FMTM - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in WisdomTree Quantum Computing Fund (WQTM) 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, WQTM achieves a 53.55% return, which is significantly higher than FMTM's 31.75% return.

WQTM

• 1D: -3.80%
• 1M: 23.76%
• YTD: 53.55%
• 6M: 48.21%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

FMTM

• 1D: 0.50%
• 1M: 6.28%
• YTD: 31.75%
• 6M: 34.74%
• 1Y: 63.62%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

WQTM vs. FMTM - Yearly Performance Comparison

	2026 (YTD)	2025
WQTM WisdomTree Quantum Computing Fund	53.55%	-14.56%
FMTM MarketDesk Focused U.S. Momentum ETF	31.75%	6.49%

Correlation

The correlation between WQTM and FMTM is 0.70, 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 Oct 10, 2025	0.70

Return for Risk

WQTM vs. FMTM — Risk / Return Rank

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

FMTM

FMTM Risk / Return Rank: 82
FMTM Sharpe Ratio Rank: 84
FMTM Sortino Ratio Rank: 74
FMTM Omega Ratio Rank: 76
FMTM Calmar Ratio Rank: 88
FMTM Martin Ratio Rank: 89

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.

WQTM vs. FMTM - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for WisdomTree Quantum Computing Fund (WQTM) 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.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Sharpe Ratios by Period

	WQTM	FMTM	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	2.80	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.26	2.38	-1.13

Drawdowns

WQTM vs. FMTM - Drawdown Comparison

The maximum WQTM drawdown since its inception was -26.13%, which is greater than FMTM's maximum drawdown of -12.12%. Use the drawdown chart below to compare losses from any high point for WQTM and FMTM.

Drawdown Indicators

	WQTM	FMTM	Difference
Max Drawdown Largest peak-to-trough decline	-26.13%	-12.12%	-14.01%
Max Drawdown (1Y) Largest decline over 1 year	—	-12.12%	—
Current Drawdown Current decline from peak	-3.80%	0.00%	-3.80%
Average Drawdown Average peak-to-trough decline	-11.75%	-1.89%	-9.86%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	3.10%	—

Volatility

Volatility by Period

	WQTM	FMTM	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	6.52%	—
Volatility (6M) Calculated over the trailing 6-month period	—	17.83%	—
Volatility (1Y) Calculated over the trailing 1-year period	41.98%	22.82%	+19.16%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	41.98%	22.94%	+19.04%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	41.98%	22.94%	+19.04%

WQTM vs. FMTM - Expense Ratio Comparison

Both WQTM and FMTM have an expense ratio of 0.45%.

Dividends

WQTM vs. FMTM - Dividend Comparison

WQTM has not paid dividends to shareholders, while FMTM's dividend yield for the trailing twelve months is around 0.22%.

Position	TTM	2025
FMTM MarketDesk Focused U.S. Momentum ETF	0.22%	0.30%
WQTM WisdomTree Quantum Computing Fund	0.00%	0.00%

Frequently Asked Questions

Can I hold both WQTM and FMTM in my portfolio?

WQTM and FMTM have a correlation of 0.70, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, WQTM or FMTM?

Both ETFs have the same 0.45% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, WQTM or FMTM?

WQTM and FMTM have the same expense ratio: 0.45% per year.

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

FMTM has the higher dividend yield at 0.22%, compared with 0.00% for WQTM.

What is the main difference between WQTM and FMTM?

WQTM is categorized as Technology Equities, while FMTM is Momentum.