FMKT - ETF AI Analysis
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Free Markets ETF (FMKT)
Rating:67Neutral
Price Target:―
Positive Factors
Strong Recent One-Month Performance
The ETF has shown strong gains over the past month, suggesting improving short-term momentum.
Supportive Year-to-Date Return
The fund’s overall performance so far this year is positive, helped by several strong-performing holdings like Uranium Energy, Interactive Brokers, Citizens Financial, and Williams.
Broad Sector Diversification
Holdings spread across financials, industrials, technology, energy, health care, and other sectors help reduce the impact of weakness in any single industry.
Negative Factors
High Expense Ratio
The fund’s relatively high fee means more of the investment return goes to costs instead of staying with investors.
Concentrated U.S. Exposure
With almost all assets invested in U.S. companies, the ETF offers little geographic diversification and is heavily tied to the U.S. market.
Mixed Performance Among Top Holdings
Several major positions such as Blackstone, Fannie Mae, Joby Aviation, Palantir, and Oracle have been weak this year, which can drag on overall returns despite some strong winners.
FMKT vs. SPDR S&P 500 ETF (SPY)
AUM14.55M
RegionNorth America
Expense Ratio0.76%
Beta0.86
IssuerFree Market
Inception DateJun 09, 2025
Dividend Yield2.08%
Asset ClassEquity
Index TrackedNo Underlying Index
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. Volume2,823
30 Day Avg. Volume6,060
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
26.69Price Target Upside― Downside
Rating ConsensusModerate Buy
Number of Analyst Covering52
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
FMKT Summary
The Free Markets ETF (FMKT) is an actively managed U.S. stock fund that looks for companies likely to benefit from changes in government rules and regulations, rather than tracking a fixed index. It invests across many sectors, with a tilt toward financials, industrials, and technology, and holds well-known names like Blackstone and Oracle, plus newer tech such as Palantir. Someone might consider FMKT for broad U.S. exposure with a focused bet on companies that could gain from deregulation and the evolving crypto ecosystem. A key risk is that its concentrated, regulation-focused strategy can rise or fall sharply if policy trends change.
How much will it cost me?The Free Markets ETF (FMKT) has an expense ratio of 0.76%, meaning you’ll pay $7.60 per year for every $1,000 invested. This is higher than the average expense ratio for ETFs because FMKT is actively managed, requiring more research and analysis compared to passively managed funds.
What would affect this ETF?The Free Markets ETF (FMKT) could benefit from deregulation in sectors like energy, financials, and technology, which are key areas of its portfolio. However, it may face challenges if stricter regulations are introduced or if economic conditions, such as rising interest rates, negatively impact industries like utilities and real estate. Additionally, its indirect exposure to cryptocurrencies adds potential for growth but also introduces volatility risks.
FMKT Top 10 Holdings
FMKT is leaning heavily into U.S. financials, with names like Interactive Brokers, Citizens Financial, and KeyCorp doing much of the heavy lifting as their shares have been steadily rising and helping the fund’s recent results. On the flip side, Joby Aviation has been a real drag, and Palantir’s mixed, recently weaker trading has also taken some shine off performance. Uranium Energy and Williams Co add an energy and infrastructure twist, but the story here is a concentrated bet on U.S. finance and regulation-sensitive plays, with a few high-risk innovators along for the ride.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| ― | 3.51% | $529.46K | ― | ― | ― | |
| Interactive Brokers | 3.47% | $522.79K | $37.34B | 58.70% | 75 Outperform | |
| Blackstone Group | 3.08% | $464.23K | $142.71B | -15.03% | 72 Outperform | |
| Circle Internet Group, Inc. Class A | 3.07% | $463.00K | $27.75B | ― | 64 Neutral | |
| Citizens Financial | 2.99% | $450.29K | $26.57B | 48.50% | 75 Outperform | |
| KeyCorp | 2.97% | $447.34K | $23.21B | 28.42% | 69 Neutral | |
| Williams Co | 2.85% | $430.02K | $95.25B | 37.06% | 76 Outperform | |
| Oracle | 2.72% | $409.58K | $541.16B | 19.71% | 66 Neutral | |
| Palo Alto Networks | 2.51% | $378.39K | $201.27B | 36.08% | 73 Outperform | |
| EMCOR Group | 2.48% | $373.53K | $37.91B | 80.81% | 73 Outperform |
FMKT Technical Analysis
Positive
―
Price Trends
21.51
Positive
21.79
Positive
21.97
Positive
Market Momentum
0.22
Positive
51.72
Neutral
7.73
Positive
Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For FMKT, the sentiment is Positive. The current price of undefined is equal to the 20-day moving average (MA) of 22.25, equal to the 50-day MA of 21.51, and equal to the 200-day MA of 21.97, indicating a neutral trend. The MACD of 0.22 indicates Positive momentum. The RSI at 51.72 is Neutral, neither overbought nor oversold. The STOCH value of 7.73 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for FMKT.
FMKT Peer Comparison
Comparison Results
Performance Comparison
FMKT
Free Markets ETF
22.21
2.53
12.86%
YALL
God Bless America ETF
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BAMD
Brookstone Dividend Stock ETF
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SOVF
Sovereign's Capital Flourish Fund
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STNC
Stance Equity ESG Large Cap Core ETF
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RFDA
RiverFront Dynamic US Dividend Advantage ETF
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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.
DisclaimerThis 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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