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FMKT - ETF AI Analysis
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Free Markets ETF (FMKT)
Rating:66Neutral
Price Target:―
Positive Factors
Strong Year-to-Date Performance
The ETF has delivered solid returns so far this year, indicating strong overall momentum.
Sector Diversification
The fund is spread across multiple sectors, including Industrials, Financials, and Utilities, reducing reliance on any single industry.
Top Holdings with Strong Gains
Several top holdings, such as Uranium Energy and Comfort Systems, have shown strong year-to-date performance, supporting the ETF's growth.
Negative Factors
High Expense Ratio
The ETF charges a relatively high expense ratio, which could eat into investor returns over time.
Over-Concentration in U.S. Market
With over 91% of its assets in U.S. companies, the fund lacks geographic diversification and is exposed to domestic market risks.
Mixed Performance Among Holdings
Some holdings, such as Williams Co and Nexstar Media Group, have shown weaker year-to-date performance, potentially dragging on overall returns.
FMKT vs. SPDR S&P 500 ETF (SPY)
AUM18.03M
RegionNorth America
Expense Ratio0.76%
Beta0.88
IssuerFree Market
Inception DateJun 09, 2025
Dividend Yield2.04%
Asset ClassEquity
Index TrackedNo Underlying Index
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. Volume5,920
30 Day Avg. Volume13,464
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
25.67Price 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 fund that invests in U.S. companies expected to benefit from regulatory changes, such as deregulation. It includes businesses across various sectors like energy, technology, and healthcare, with top holdings like Uranium Energy and Peabody Energy. This ETF could appeal to investors looking for growth opportunities tied to shifting regulations and offers indirect exposure to cryptocurrencies for added diversification. However, it’s important to note that FMKT’s performance can be heavily influenced by changes in government policies, which may create volatility.
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
The Free Markets ETF (FMKT) leans heavily into U.S. financials and energy, with names like Citizens Financial and Peabody Energy driving recent gains thanks to strong earnings and bullish momentum. Fox Corporation also adds a steady boost, benefiting from strategic initiatives like Tubi’s growth. However, Blackstone and Circle Internet Group are holding the fund back, with valuation concerns and bearish technical signals weighing on performance. While the ETF’s sector exposure is broad, its focus on deregulation themes keeps it concentrated in industries poised to benefit from policy shifts, offering a unique angle for investors seeking targeted growth.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| Uranium Energy | 3.75% | $684.11K | $8.31B | 155.04% | 54 Neutral | |
| Peabody Energy Comm | 3.30% | $602.44K | $4.38B | 90.89% | 61 Neutral | |
| Nexstar Media Group | 3.28% | $599.12K | $6.45B | 43.91% | 69 Neutral | |
| Blackstone Group | 3.09% | $563.42K | $193.60B | -9.00% | 72 Outperform | |
| Williams Co | 2.94% | $537.16K | $74.14B | 1.88% | 76 Outperform | |
| Circle Internet Group, Inc. Class A | 2.94% | $536.36K | $19.97B | ― | 64 Neutral | |
| Interactive Brokers | 2.89% | $527.70K | $31.78B | 56.63% | 75 Outperform | |
| Biogen | 2.89% | $526.72K | $24.84B | 19.36% | 74 Outperform | |
| Joby Aviation | 2.87% | $524.07K | $13.79B | 86.67% | 55 Neutral | |
| KeyCorp | 2.87% | $522.89K | $22.75B | 19.00% | 69 Neutral |
FMKT Technical Analysis
Positive
―
Price Trends
22.00
Positive
22.28
Positive
Market Momentum
0.19
Negative
62.09
Neutral
87.46
Negative
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 22.15, equal to the 50-day MA of 22.00, and equal to the 200-day MA of ―, indicating a neutral trend. The MACD of 0.19 indicates Negative momentum. The RSI at 62.09 is Neutral, neither overbought nor oversold. The STOCH value of 87.46 is Negative, 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
22.77
3.09
15.70%
BAMD
Brookstone Dividend Stock ETF
―
―
―
STNC
Stance Equity ESG Large Cap Core ETF
―
―
―
RFDA
RiverFront Dynamic US Dividend Advantage ETF
―
―
―
STOX
Horizon Core Equity ETF
―
―
―
VAMO
Cambria Value & Momentum 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.
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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