FMCX - ETF AI Analysis

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Northern Lights Fund Trust IV - FMC Excelsior Focus Equity ETF (FMCX)

Rating:69Neutral

Price Target:―

FMCX, the Northern Lights Fund Trust IV - FMC Excelsior Focus Equity ETF, has a solid overall rating driven mainly by high-quality leaders like Microsoft, Broadcom, Berkshire Hathaway, and Applied Materials, which benefit from strong financial performance, positive earnings outlooks, and growth in areas like cloud, AI, and diversified holdings. The rating is held back somewhat by risks such as high valuations, leverage at certain companies, and some bearish or mixed technical signals, along with macroeconomic and regulatory challenges affecting names like Linde and Applied Materials. Investors should also note that several holdings show signs of being priced for high growth, which can increase volatility if expectations are not met.

Positive Factors

Solid Recent Performance

The ETF has shown positive returns over the past month, three months, and year-to-date, indicating generally favorable recent momentum.

Exposure to High-Quality Blue Chips

Top holdings include well-known, established companies like Microsoft, Berkshire Hathaway, and GE Aerospace, which can add stability and quality to the portfolio.

Sector Diversification Across the Economy

The fund spreads its investments across several sectors such as technology, industrials, consumer cyclical, financials, and health care, helping reduce the impact of weakness in any single industry.

Negative Factors

High Expense Ratio

The fund’s expense ratio is relatively high for an ETF, which means more of the returns are eaten up by fees over time.

Concentration in a Few Large Positions

A small number of holdings make up a significant portion of the portfolio, increasing the risk that problems at those companies could strongly affect the fund.

Mixed Performance Among Top Holdings

Several major positions, including Microsoft, KKR, Salesforce, and Oracle, have shown weak year-to-date performance, which can drag on the ETF’s overall results.

FMCX vs. SPDR S&P 500 ETF (SPY)

AUM109.11M

RegionNorth America

Expense Ratio0.71%

Beta0.95

IssuerFirst Manhattan

Inception DateApr 25, 2022

Dividend Yield0.35%

Asset ClassEquity

Index TrackedNo Underlying Index

Share Statistics

EPS (TTM)N/A

Shares OutstandingN/A

10 Day Avg. Volume559

30 Day Avg. Volume342

Financial Highlights & Ratios

PEG RatioN/A

Price to Book (P/B)N/A

Price to Sales (P/S)N/A

P/FCF RatioN/A

Enterprise Value/Market CapN/A

Enterprise Value/RevenueN/A

Enterprise Value/Gross ProfitN/A

Enterprise Value/EbitdaN/A

Forecast

1Y Price Target

41.60

Price Target Upside― Downside

Rating ConsensusModerate Buy

Number of Analyst Covering33

EPS Forecast (FY)N/A

Revenue Forecast (FY)N/A

FMCX Summary

FMCX is an actively managed ETF that invests across the total U.S. stock market, with no specific index, aiming to blend different company sizes and styles (both growth and value). It holds a mix of sectors, with a tilt toward technology and industrials, and includes well-known names like Microsoft and Berkshire Hathaway. Someone might consider FMCX for broad diversification in one fund while still trying to capture extra growth from carefully chosen stocks. A key risk is that it is heavily invested in stocks, especially tech, so its value can rise and fall sharply with the overall stock market.

How much will it cost me?The FMC Excelsior Focus Equity ETF has an expense ratio of 0.71%, meaning you’ll pay $7.10 per year for every $1,000 invested. This is higher than average because it is actively managed, which typically involves more research and decision-making compared to passively managed ETFs that track an index.

What would affect this ETF?FMCX's focus on U.S. companies and its significant exposure to sectors like Technology and Industrials could benefit from advancements in innovation and infrastructure spending, driving growth for its top holdings like Microsoft and GE Aerospace. However, rising interest rates or economic slowdowns may negatively impact consumer spending and financial sector performance, which could weigh on the ETF's returns. Regulatory changes or geopolitical tensions could also influence the performance of its diverse holdings.

FMCX Top 10 Holdings

FMCX is leaning heavily on U.S. large caps, with a clear tilt toward tech and industrial leaders. Microsoft is losing steam lately, and Salesforce and Oracle are also lagging, so the fund’s tech engine isn’t firing on all cylinders. On the brighter side, GE Aerospace has been a steady climber, helping to offset some of that tech weakness, while O’Reilly Auto and Linde add a more defensive, steady-growth flavor. Overall, performance is being tugged between cooling Big Tech bets and more resilient industrial and consumer names.

Name	Company Name	Weight %	Market Value	Market Cap	Yearly Gain	Overall Rating
MSFT	Microsoft	6.79%	$7.58M	$3.07T	0.52%	79 Outperform
GE	GE Aerospace	5.54%	$6.18M	$332.20B	51.09%	72 Outperform
KKR	KKR & Co	5.43%	$6.06M	$95.63B	-23.11%	69 Neutral
	―	5.04%	$5.63M	―	―	―
BRK.A	Berkshire Hathaway A	4.83%	$5.39M	―	―	75 Outperform
ORLY	O'Reilly Auto	4.40%	$4.91M	$78.27B	5.05%	66 Neutral
DHR	Danaher	4.34%	$4.84M	$153.04B	7.16%	75 Outperform
AVGO	Broadcom	3.64%	$4.06M	$1.63T	45.52%	76 Outperform
LIN	Linde	3.64%	$4.06M	$213.09B	-0.48%	66 Neutral
AMAT	Applied Materials	3.54%	$3.95M	$262.12B	82.75%	77 Outperform

FMCX Technical Analysis

Technical Analysis Sentiment

Negative

Last Price―

Price Trends

50DMA

34.82

Negative

100DMA

34.77

Negative

200DMA

33.65

Positive

Market Momentum

MACD

-0.30

Positive

RSI

41.92

Neutral

STOCH

23.95

Neutral

Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For FMCX, the sentiment is Negative. The current price of undefined is equal to the 20-day moving average (MA) of 34.86, equal to the 50-day MA of 34.82, and equal to the 200-day MA of 33.65, indicating a neutral trend. The MACD of -0.30 indicates Positive momentum. The RSI at 41.92 is Neutral, neither overbought nor oversold. The STOCH value of 23.95 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for FMCX.

FMCX Peer Comparison

Comparison Results

Name	Price	Price Target	AUM	Expense Ratio	Overall Rating
FMCX	―	―	$109.11M	0.71%	―
SYLD	―	―	$936.20M	0.59%	―
PLDR	―	―	$825.93M	0.59%	―
ABFL	―	―	$808.90M	0.49%	―
BGDV	―	―	$750.56M	0.45%	―
XCHG	―	―	$669.15M	0.50%	―

Performance Comparison

FMCX

Northern Lights Fund Trust IV - FMC Excelsior Focus Equity ETF

34.02

2.23

7.01%

SYLD

Cambria Shareholder Yield ETF

―

PLDR

Putnam Sustainable Leaders ETF

―

ABFL

Fcf Us Quality Etf

―

BGDV

Bahl & Gaynor Dividend ETF

―

XCHG

AB US Equity ETF

―

Glossary

BuyAn ETF rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the ETF is likely to deliver higher returns compared to other ETFs in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

HoldAn ETF rated as a "Hold" s expected to perform in line with the overall market or a specific benchmark. This rating indicates that the ETF is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

SellAn ETF rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the ETF may deliver lower returns compared to other ETFs in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst ETF Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in ETFs carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: ―

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