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MSTB vs FMKT

LHA Market State Tactical Beta ETF vs The Free Markets ETF

MSTB

LHA Market State Tactical Beta ETF

Annual cost

1.38%

Fund size

$197M

FMKT

The Free Markets ETF

Annual cost

0.76%

Fund size

$15M

Key differences

Both MSTB and FMKT are equity ETFs. MSTB charges 1.38% a year and FMKT 0.76%. The main difference: FMKT costs 0.62% less per year.

  • FMKT costs 0.62% less per year.
  • MSTB is much larger than FMKT. Larger funds are usually more liquid and less likely to close.
  • MSTB has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

MSTBFMKT
Annual cost (TER)1.38%0.76%
Fund size (AUM)$197M$15M
Since20202025
Dividend yield0.38%
Asset classequityequity
Regionnorth americanorth america
Strategyactive selectionactive selection
CAGR 1Y+17.4%+11.1%
CAGR 3Y+17.8%N/A
CAGR 5Y+8.2%N/A
Sharpe 3Y1.14N/A
Volatility 1Y10.59%19.76%
Max drawdown-25.64%-17.79%

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

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