Key stats
About MarketDesk Focused U.S. Momentum ETF
Home page
Inception date
Mar 20, 2025
Structure
Open-Ended Fund
Replication method
Physical
Dividend treatment
Distributes
Distribution tax treatment
Qualified dividends
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
Empowered Funds LLC
Distributor
Quasar Distributors LLC
ISIN
US02072Q7622
FMTM seeks long-term capital appreciation by investing in equity securities determined to have positive momentum characteristics. The fund employs a multi-step, quantitative, rules-based methodology to identify securities with the highest perceived relative momentum. The starting universe consists of US equities that meet market-cap and liquidity requirements. The fund then uses quality screens based on financial statement metrics to remove companies with low returns on assets or high debt-to-equity. The next quantitative screen uses daily share price data to identify and rank companies exhibiting persistent upward share price momentum. The fund finally selects 30 to 50 large- and mid-cap securities. The actively managed fund repeats this process on a monthly basis.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Electronic Technology
Producer Manufacturing
Finance
Stocks99.49%
Electronic Technology23.21%
Producer Manufacturing19.05%
Finance17.00%
Technology Services9.19%
Consumer Durables6.96%
Industrial Services6.58%
Non-Energy Minerals3.64%
Retail Trade3.60%
Consumer Services3.50%
Distribution Services3.48%
Consumer Non-Durables3.29%
Bonds, Cash & Other0.51%
Mutual fund0.42%
Cash0.09%
Stock breakdown by region
North America96.62%
Europe3.38%
Latin America0.00%
Asia0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
FMTM invests in stocks. The fund's major sectors are Electronic Technology, with 23.21% stocks, and Producer Manufacturing, with 19.05% of the basket. The assets are mostly located in the North America region.
FMTM top holdings are MP Materials Corp Class A and Corning Inc, occupying 3.64% and 3.63% of the portfolio correspondingly.
FMTM assets under management is 32.91 M USD. It's risen 17.15% over the last month.
FMTM fund flows account for 31.20 M USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
No, FMTM doesn't pay dividends to its holders.
FMTM shares are issued by Empirical Finance LLC under the brand MarketDesk. The ETF was launched on Mar 20, 2025, and its management style is Active.
FMTM expense ratio is 0.45% meaning you'd have to pay 0.45% of your investment to help manage the fund.
FMTM follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
FMTM invests in stocks.
FMTM trades at a premium (0.04%) meaning the ETF is trading at a higher price than the calculated NAV.