FMTM vs MDST
MarketDesk Focused US Momentum ETF vs Westwood Salient Enhanced Midstream Income ETF
Which is better, FMTM or MDST?
FMTM has been ahead.
FMTM has a lower expense ratio. FMTM led over 1Y and the full window. FMTM is less concentrated, with 34.9% of the fund in its ten largest positions against 63.7%.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | FMTM | MDST |
|---|---|---|
| Expense Ratio | 0.45%Best | 0.80% |
| AUM | $284M | $305M |
| Dividend Yield | 0.24% | 10.69% |
| Holdings | 86 | 110 |
| YTD Return | +19.82%Best | +15.57% |
| 1Y Return | +33.28%Best | +21.87% |
| Volatility (annualized) | 19.8% | 12.7%Best |
| Max Drawdown | -15.4% | -14.2%Best |
| $10,000 over 1.6 years | $15,915Best | $11,870 |
| Top 10 Weight | 34.9%Best | 63.7% |
| Fund Family | MarketDesk Indices | Westwood Funds |
| Category | Equity | Equity |
| Style | Mid Cap Blend | Mid Cap Blend |
| Inception | Mar 20, 2025 | Apr 8, 2024 |
Not shown on this pair: 3Y Return (annualized), 5Y Return (annualized).
Volatility and max drawdown, and the $10,000 over 1.6 years row, are measured over the window both funds cover: Mar 20, 2025 to Oct 14, 2026 (1.6 years).
FMTM vs MDST growth
Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view covers the 1.6 years both funds cover.
FMTM vs MDST Performance
MarketDesk Focused US Momentum ETF (FMTM) is an ETF from MarketDesk Indices and Westwood Salient Enhanced Midstream Income ETF (MDST) is an ETF from Westwood Funds. Over the past year FMTM returned +33.28% while MDST returned +21.87%. Year to date, FMTM is up 19.82% versus a gain of 15.57% for MDST.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
FMTM has been the more volatile fund, with annualized monthly volatility of 19.8% compared with 12.7% for MDST. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The deepest peak-to-trough decline in our data was -15.4% for FMTM and -14.2% for MDST. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.22. They move largely independently of each other.
Fees and Cost Over Time
FMTM charges 0.45% per year while MDST charges 0.80%. On a $10,000 position that is $45 vs $80 annually, a gap of $35 per year that compounds over a long holding period. On income, FMTM currently yields 0.24% against 10.69% for MDST.
Holdings Overlap
We hold position weights for 31 holdings in FMTM and 25 in MDST, totalling 100.0% and 97.4% of the two funds. The two books name no position in common, so there is no overlap percentage to show.
0 positions in common, counted across the 31 positions we hold weights for in FMTM and 25 in MDST, against full books of 86 and 110.
What only one of them owns
Our book lists 21 positions for MDST that do not appear in our book for FMTM (77.9% of the fund), and 31 for FMTM that do not appear in MDST (100.0%).
Some of those will be the same company recorded under a different code in one of the two books, so the real difference in what you would own is no larger than this and may be smaller. We do not name the individual positions here for that reason.
You are not choosing between two funds in isolation.
Whichever of FMTM and MDST you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, FMTM or MDST?
FMTM has an expense ratio of 0.45% while MDST charges 0.80%. FMTM is the cheaper option, by $35 a year on a $10,000 investment.
Which performed better, FMTM or MDST?
Over the past year FMTM returned +33.28% vs +21.87% for MDST, so FMTM leads on 1-year performance. Over the longest common window we track (2 years), FMTM annualized +33.70% vs +11.31% for MDST. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, FMTM or MDST?
FMTM has been the more volatile fund at 19.8% annualized versus 12.7% for MDST. Worst drawdown: FMTM -15.4% vs MDST -14.2%.
Should I hold both FMTM and MDST?
FMTM and MDST have a monthly-return correlation of 0.22, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
Which pays a higher dividend, FMTM or MDST?
FMTM yields 0.24% while MDST yields 10.69%, so MDST currently pays the higher dividend yield.
Is MDST better than FMTM?
FMTM has a lower expense ratio. FMTM led over 1Y and the full window. FMTM is less concentrated, with 34.9% of the fund in its ten largest positions against 63.7%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.