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FMTM vs PIZ

MarketDesk Focused U.S. Momentum ETF vs Invesco Dorsey Wright Developed Markets Momentum ETF

FMTM

MarketDesk Focused U.S. Momentum ETF

Annual cost

0.45%

Fund size

$162M

PIZ

Invesco Dorsey Wright Developed Markets Momentum ETF

Annual cost

0.80%

Fund size

$785M

Key differences

Both FMTM and PIZ are equity ETFs. FMTM charges 0.45% a year and PIZ 0.80%. The main difference: FMTM covers North America; PIZ covers global markets.

  • FMTM covers North America; PIZ covers global markets.
  • FMTM costs 0.35% less per year.
  • PIZ is much larger than FMTM. Larger funds are usually more liquid and less likely to close.
  • PIZ has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

FMTMPIZ
Annual cost (TER)0.45%0.80%
Fund size (AUM)$162M$785M
Since20252007
Dividend yield0.23%1.31%
Asset classequityequity
Regionnorth americaglobal
Strategyactive selectionactive selection
CAGR 1Y+57.8%+22.5%
CAGR 3YN/A+24.6%
CAGR 5YN/A+9.6%
Sharpe 3YN/A1.07
Volatility 1Y23.35%21.17%
Max drawdown-12.12%-40.93%

Beyond the comparison: Beacon helps you build, track, and project a portfolio with the ETFs you pick.

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