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The Free Markets (FMKT) ETF Holdings & Analysis
ETFOther
What FMKT does
This actively managed exchange-traded fund endeavors to generate returns by investing in U.S.-listed companies poised to benefit from evolving regulatory environments that promote free-market principles. Its primary focus is on industries historically burdened by extensive oversight, such as healthcare, financial services, and energy, anticipating forthcoming regulatory relief. However, the fund also allocates capital to less regulated sectors like technology and consumer goods. The strategy capitalizes on various favorable policy shifts, including reduced government intervention, tax reductions, streamlined licensing procedures, and the elimination of trade barriers. By anticipating these regulatory transformations, the fund aims to uncover undervalued opportunities and mitigate the impact of increasing regulatory burdens elsewhere. Company selection emphasizes evaluating businesses for their potential to capitalize on deregulation, assessing their adaptability, strategic initiatives, and competitive standing within their respective markets. The portfolio typically comprises between 25 and 50 holdings, with at least 80% of its assets dedicated to entities expected to gain from deregulation. Furthermore, up to 5% of the fund's assets may be channeled into exchange-traded products offering exposure to Bitcoin and Ether, thereby diversifying the portfolio and tapping into the growth potential of digital assets.
Fund profile
Top holdings
| Holding | Weight | |
|---|---|---|
| Archer-Daniels-Midland Co | 5.45% | |
| Welltower Inc | 5.17% | |
| Robinhood Markets Inc | 4.68% | |
| Oracle Corp | 4.66% | |
| Interactive Brokers Group Inc | 4.66% | |
| Howmet Aerospace Inc | 4.46% | |
| EMCOR Group Inc | 4.40% | |
| Microsoft Corp | 4.04% | |
| Biogen Inc | 3.77% | |
| First American Government Obligations Fund 12/01/2031 | 3.29% |
Geographic allocation
| United States | 93.13% |
| Other | 3.36% |
| Ireland | 1.90% |
| United Kingdom | 1.15% |
| Canada | 0.47% |
PortView Portfolio Insights
PortView analyzes how FMKT fits your actual portfolio — position weight, ETF overlap with your other funds, sector and geographic exposure, concentration, and how this fund contributes to your portfolio risk and return. Connect a portfolio to see your personalized figures; PortView never shows another user's private holdings.
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Frequently asked questions
- What does FMKT track?
- FMKT is the The Free Markets ETF, a Other ETF.
- What is the expense ratio of FMKT?
- Expense ratio data for FMKT is shown on the page when available from our data provider.
- What are the largest holdings in FMKT?
- Top holdings include ADM, WELL, HOOD, ORCL, IBKR.
- How can PortView analyze FMKT overlap with other ETFs?
- PortView computes the holdings overlap between FMKT and the other ETFs and stocks you own, plus your combined sector and geographic exposure, so you can see true diversification.
The information provided by PortView is for informational and educational purposes only and does not constitute investment advice. Market data may be delayed. Past performance does not guarantee future results.