FMKT - ETF AI Analysis
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Free Markets ETF (FMKT)
FMKT, the Free Markets ETF, has an overall rating that suggests it is a reasonably solid fund with notable strengths but some moderating risks. High-quality holdings like Microsoft, Welltower, and Interactive Brokers support the fund’s rating through strong financial performance, growth in areas like cloud, AI, and senior housing, and positive earnings outlooks. However, names such as Oracle and Intel introduce risks related to overvaluation and profitability or cash flow challenges, and the fund’s exposure to several stocks with bearish technical signals is a key risk factor that can weigh on future returns.
FMKT vs. SPDR S&P 500 ETF (SPY)
- AUM
- 9.96M
- Region
- North America
- Expense Ratio
- 0.76%
- Beta
- 0.88
- Issuer
- Free Market
- Inception Date
- Jun 09, 2025
- Dividend Yield
- 2.18%
- Asset Class
- Equity
- Index Tracked
- No Underlying Index
FMKT Summary
The Free Markets ETF (FMKT) is an actively managed fund that invests in U.S. companies it believes can benefit from changes in government rules and regulations, rather than tracking a fixed index. It holds a mix of financial, industrial, technology, and utility stocks, including well-known names like Microsoft and Archer Daniels Midland, and even offers some indirect exposure to cryptocurrencies. Someone might invest in FMKT for broad U.S. market exposure with a tilt toward companies that could gain from deregulation. A key risk is that its focused bets and heavy U.S. stock exposure mean the fund can rise or fall sharply with market and policy changes.
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 leans into U.S. financial and industrial names, with Robinhood and Interactive Brokers acting as the fund’s high-octane engines thanks to rising trading activity and upbeat earnings, even if recent momentum has turned a bit mixed. Oracle, by contrast, is losing steam, with weaker price action and leverage concerns weighing on returns. Steadier contributors like ADM and EMCOR help balance the ride, while Microsoft and Intel add a tech tilt and indirect crypto flavor. Overall, it’s a U.S.-centric bet on deregulation winners, with a noticeable concentration in brokers and tech infrastructure.
| Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
 ADM | Archer Daniels Midland | 5.61% | $559.35K | $38.80B | 27.33% | 64Neutral |
 WELL | Welltower | 5.32% | $529.82K | $168.30B | 33.97% | 77Outperform |
 HOOD | Robinhood | 4.71% | $469.63K | $86.78B | -27.68% | 68Neutral |
 EME | EMCOR Group | 4.56% | $454.65K | $31.62B | 0.33% | 73Outperform |
 MSFT | Microsoft | 4.50% | $448.11K | $3.96T | 2.92% | 79Outperform |
 IBKR | Interactive Brokers | 4.49% | $447.19K | $36.86B | 23.86% | 75Outperform |
 ORCL | Oracle | 4.46% | $444.70K | $391.85B | -52.69% | 66Neutral |
 BIIB | Biogen | 4.28% | $426.68K | $34.50B | 65.79% | 74Outperform |
 CRCL | Circle Internet Group, Inc. Class A | 3.02% | $300.68K | $20.76B | -34.36% | 64Neutral |
FMKT Technical Analysis
Price Trends
Market Momentum
Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For FMKT, the sentiment is Negative. The current price of 21.30 is below the 20-day moving average (MA) of 21.81, below the 50-day MA of 22.25, and below the 200-day MA of 21.97, indicating a bearish trend. The MACD of -0.25 indicates Positive momentum. The RSI at 34.68 is Neutral, neither overbought nor oversold. The STOCH value of 11.89 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for FMKT.
FMKT Peer Comparison
Comparison Results
| Name | Price | Price Target | AUM | Expense Ratio | Overall Rating |
|---|---|---|---|---|---|
| FMKT | $21.30 | $24.50(15.02% Upside) | $9.96M | 0.76% | 69Neutral |
 BAMD | $33.85 | $37.52(10.84% Upside) | $98.24M | 0.87% | 70Outperform |
 STNC | $37.14 | $42.24(13.71% Upside) | $92.04M | 0.85% | 68Neutral |
 SOVF | $31.82 | $37.09(16.55% Upside) | $88.77M | 0.75% | 70Neutral |
 PFOE | $22.51 | $28.23(25.40% Upside) | $88.32M | 0.59% | 75Outperform |
 VAMO | $35.90 | $41.78(16.36% Upside) | $86.53M | 0.65% | 63Neutral |
Performance Comparison
| Show on chart | Ticker | Company Name | Price | Change | % Change |
|---|---|---|---|---|---|
| FMKT | Free Markets ETF | 21.30 | -1.09 | -4.86% | |
| BAMD | Brookstone Dividend Stock ETF | 33.85 | 3.82 | 12.73% | |
| STNC | Stance Equity ESG Large Cap Core ETF | 37.14 | 4.24 | 12.90% | |
| SOVF | Sovereign's Capital Flourish Fund | 31.82 | 2.03 | 6.81% | |
| PFOE | Pathfinder Focused Opportunities ETF | 22.51 | -2.34 | -9.43% | |
| VAMO | Cambria Value & Momentum ETF | 35.90 | 2.98 | 9.04% |
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.