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FMCX vs FORH

FM Focus Equity ETF vs Formidable ETF

FMCX

FM Focus Equity ETF

First Manhattan Co.

Annual cost

0.71%

Fund size

$115M

FORH

Formidable ETF

Formidable Funds

Annual cost

1.19%

Fund size

$20M

Key differences

  • FMCX costs 0.48% less per year.
  • FMCX is significantly larger than FORH — larger funds tend to be more liquid and less likely to close.
  • FMCX is classified as equity, while FORH is alternative — different risk/return profiles.
  • FMCX follows a active selection strategy; FORH uses option income.
  • Over the last 3 years, FMCX has delivered higher annualized returns.

Side-by-side comparison

FMCXFORH
Annual cost (TER)0.71%1.19%
Fund size (AUM)$115M$20M
Since20222021
Dividend yield0.34%1.73%
Asset classequityalternative
Regionnorth america
Strategyactive selectionoption income
CAGR 1Y+18.7%+13.1%
CAGR 3Y+17.2%+3.7%
CAGR 5YN/A+1.7%
Sharpe 3Y0.950.08
Volatility 1Y12.96%15.66%
Max drawdown-17.70%-20.73%

Green dot indicates the better value for that metric. Performance data is historical and does not predict future results.

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