MarketDesk Focused U.S. Momentum ETF (FMTM)
MarketDesk Focused U.S. Momentum ETF operates in the Asset Management industry of the Financial Services sector, headquartered in Havertown, PA, US. The stock last traded at $39.62, up 1.13% on the session, giving a market capitalisation of $48.7M. Its beta of 0.96 implies it has historically moved less than the broad market.
The MarketDesk Focused U.S. Momentum ETF (FMTM) aims for substantial long-term capital appreciation by strategically allocating capital to equity securities exhibiting robust positive momentum. The fund employs a sophisticated, multi-stage, quantitative, and rules-based methodology designed to pinpoint stocks with the most compelling relative momentum characteristics. Its process begins with a universe of U.S. equities that meet specific criteria for market capitalization and trading volume. Next, it applies stringent quality screens, analyzing financial health indicators like return on assets and debt-to-equity ratios to exclude companies with weaker fundamentals. A subsequent quantitative step involves scrutinizing daily share price data to identify and rank firms demonstrating consistent upward price trends. From this refined pool, the fund ultimately selects between 30 and 50 large and mid-capitalization stocks. This actively managed investment approach is rigorously reapplied every month.
MarketDesk Focused U.S. Momentum ETF is most often compared with the following Financial Services names: