What this ETF is trying to do

The MarketDesk Focused U.S. Momentum ETF (FMTM) is designed to track stocks that are showing strong upward price trends. Instead of focusing on one industry, it spreads its investments across various companies. As of October 7, 2026, the fund holds 32 different assets.

Top Holdings

The fund's portfolio can change over time. Some of its largest holdings include:

• Marvell Technology Inc (3.46%)

• Okta Inc Class A (3.45%)

• NetApp Inc (3.44%)

• Semtech Corp (3.44%)

• Snowflake Inc Ordinary Shares (3.43%)

What the numbers show

As of October 6, 2026, the current price of one share is $40.03.

There are two ways to look at the returns:

• Price Return: This measures only the change in the share price. The one-year price return is 31.39%, and the year-to-date (YTD) price return is 24.56%.

• Total Return: This reflects the overall return, including distributions. The one-year total return is 31.77%, and the YTD total return is 24.56%.

To put this in perspective, the estimated price from roughly one year ago was $30.47. If you had invested $10,000 based on that estimated price, the price-only growth would have increased that amount by 31.39%.

Income and distribution explanation

This ETF provides cash distributions to investors, but they are irregular and less frequent. In the last 12 months, there was only one payout. The distribution yield is 0.24%.

It is important for beginners to know that a distribution yield is not the same as a total return. While distributions provide cash income, they do not guarantee that the original investment value will stay the same.

NAV erosion explanation

"NAV erosion" happens when the actual value of the assets inside an ETF drops over time. StockValueFinder uses an erosion-risk score to measure this.

FMTM has an erosion score of 100, and the label states "No price erosion detected." The erosion severity is rated as "good," and there is no severe erosion-risk flag for this fund.

Pros

• Strong one-year price and total returns.

• No detected price erosion according to the erosion-risk score.

• Diversified across 32 different holdings.

Cons

• Very low distribution yield (0.24%).

• Irregular payout schedule, making it less predictable for those seeking steady income.

Beginner takeaway

FMTM is a momentum-focused fund that has seen significant price growth over the last year. While it offers a small amount of cash income, it is not designed for investors whose primary goal is high regular payouts. Instead, its recent performance has been driven mostly by the increase in its share price.