# MarketDesk Focused U.S. Momentum ETF (FMTM) — Overview

FMTM · NASDAQ · Fund

Canonical page: https://www.lighthorse.io/tickers/fmtm

## Price

Last close $39.67 on Oct 15, 2026. 52-week range $29.45 – $43.64.

## Fund profile

FMTM is an actively managed ETF that invests in large- and mid-cap US stocks exhibiting positive momentum.

| Metric | Value |
| --- | --- |
| Issuer | Empowered Funds, LLC |
| Industry | — |
| Inception | Mar 20, 2025 |
| Assets under management | $278.5M |
| Expense ratio | 0.45% |
| Net asset value | $39.61 (as of Oct 15, 2026) |
| Distributions | Annually |
| Leverage | 1x |

## Frequently Asked Questions

### What is MarketDesk Focused U.S. Momentum ETF (FMTM)?

FMTM is an actively managed ETF that invests in large- and mid-cap US stocks exhibiting positive momentum.

### What is FMTM's expense ratio?

MarketDesk Focused U.S. Momentum ETF charges an annual expense ratio of 0.45%. The fund is issued by Empowered Funds, LLC.

### How large is FMTM?

MarketDesk Focused U.S. Momentum ETF manages $278.5M in assets and has traded since Mar 20, 2025.

### How do I buy shares of MarketDesk Focused U.S. Momentum ETF (FMTM)?

FMTM trades commission-free with a Light Horse Securities brokerage account — from the mobile app, the web at [Light Horse Dashboard](https://portal.lighthorse.io), the trading API, or an [AI agent connected over MCP](/instructions/ai/claude). The trade panel on this page places the order once you are signed in.

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Quotes and charts are not real-time and must not be relied on for trade decisions or valuation.

This page is for informational purposes only. Nothing on it is a recommendation, solicitation or offer to buy or sell any security, nor investment, legal or tax advice. Light Horse Securities Inc does not verify third-party data and is not responsible for its accuracy, completeness or timeliness.

Data provided by [AInvest](https://www.ainvest.com).