The Free Markets ETF FMKT
Source: Yahoo Finance (opens in a new tab) Observed · 1 day ago Quotes may be delayed
- Expense ratio
- 0.76%
- Net assets
- $15.0M
- Holdings
- 51
- 12-month distribution yield
- 2.19%
- Asset class
- Equity
The Free Markets ETF (FMKT) is an exchange-traded fund listed on NYSE Arca in the United States. Its category is Equity · US (equity). Its last price was US$21.15 on 20 Oct 2026. Its expense ratio is 0.76% a year, from its prospectus dated 3 Jun 2025. It reported net assets of US$15.02 million as of 31 May 2026. Its latest holdings report lists 51 holdings as of 31 May 2026. Over the last 12 months it paid distributions of US$0.46 a unit, a 12-month distribution yield of 2.19%.
Fees
- Total annual operating expenses (gross)
- 0.76%
- Net, after fee waivers or reimbursements
- No waiver stated
- Management fee
- 0.75%
- Prospectus date
- 3 Jun 2025
- Filed with the SEC
- 3 Jun 2025
Size and reporting
- Net assets
- $15,024,750
- Total assets
- $15,034,186
- Holdings as of
- 31 May 2026
- Report made public
- 29 Jul 2026 (59 days after the month end)
Top holdings
Largest 25 of 51 positions, as of 31 May 2026. Weight is the percent of net assets the fund reported.
| # | Holding | Identifier | Weight | Value (USD) | Type | Country | Currency |
|---|---|---|---|---|---|---|---|
| 1 | Interactive Brokers Group Inc | US45841N1072 | 3.56% | $535K | Equity (common) | United States | USD |
| 2 | Palo Alto Networks Inc | US6974351057 | 3.32% | $499K | Equity (common) | United States | USD |
| 3 | Oracle Corp | US68389X1054 | 3.18% | $477K | Equity (common) | United States | USD |
| 4 | Citizens Financial Group Inc | US1746101054 | 3.00% | $451K | Equity (common) | United States | USD |
| 5 | KeyCorp | US4932671088 | 2.98% | $448K | Equity (common) | United States | USD |
| 6 | Williams Cos Inc/The | US9694571004 | 2.86% | $429K | Equity (common) | United States | USD |
| 7 | Cisco Systems Inc | US17275R1023 | 2.73% | $410K | Equity (common) | United States | USD |
| 8 | Palantir Technologies Inc | US69608A1088 | 2.68% | $403K | Equity (common) | United States | USD |
| 9 | Microsoft Corp | US5949181045 | 2.65% | $398K | Equity (common) | United States | USD |
| 10 | Circle Internet Group Inc | US1725731079 | 2.64% | $397K | Equity (common) | United States | USD |
| 11 | Joby Aviation Inc | KYG651631007 | 2.49% | $375K | Equity (common) | United States | USD |
| 12 | Archer-Daniels-Midland Co | US0394831020 | 2.43% | $366K | Equity (common) | United States | USD |
| 13 | Blackstone Inc | US09260D1072 | 2.37% | $356K | Equity (common) | United States | USD |
| 14 | First American Government Obli First American Government Obligations Fund | US31846V3362 | 2.34% | $351K | Short-term investment vehicles (cash funds) | United States | USD |
| 15 | Robinhood Markets Inc | US7707001027 | 2.24% | $336K | Equity (common) | United States | USD |
| 16 | Quanta Services Inc | US74762E1029 | 2.21% | $332K | Equity (common) | United States | USD |
| 17 | EMCOR Group Inc | US29084Q1004 | 2.21% | $332K | Equity (common) | United States | USD |
| 18 | American Electric Power Co Inc | US0255371017 | 2.15% | $323K | Equity (common) | United States | USD |
| 19 | Nexstar Media Group Inc | US65336K1034 | 2.06% | $309K | Equity (common) | United States | USD |
| 20 | FedEx Corp | US31428X1063 | 2.03% | $305K | Equity (common) | United States | USD |
| 21 | NuScale Power Corp | US67079K1007 | 2.02% | $303K | Equity (common) | United States | USD |
| 22 | Hamilton Lane Inc | US4074971064 | 1.96% | $295K | Equity (common) | United States | USD |
| 23 | Coinbase Global Inc | US19260Q1076 | 1.95% | $293K | Equity (common) | United States | USD |
| 24 | Apollo Global Management Inc | US03769M1062 | 1.94% | $292K | Equity (common) | United States | USD |
| 25 | Northrop Grumman Corp | US6668071029 | 1.92% | $289K | Equity (common) | United States | USD |
Breakdowns
Sums of reported weights over every position in the report. Totals can differ from 100% because of derivatives, borrowing and cash.
Asset type
| Type | Weight | Bar |
|---|---|---|
| Equity (common) | 97.64% | |
| Short-term investment vehicles (cash funds) | 2.34% |
Country
| Country | Weight | Bar |
|---|---|---|
| United States | 96.58% | |
| Canada | 2.46% | |
| United Kingdom | 0.93% |
Currency exposure
| Currency | Weight | Bar |
|---|---|---|
| US dollar (USD) | 99.98% |
Sector
| Sector | Weight | Bar |
|---|---|---|
| Finance | 28.59% | |
| Industrials | 22.15% | |
| Technology | 15.02% | |
| Utilities | 8.94% | |
| Consumer Staples | 4.24% | |
| Real Estate | 3.35% | |
| Health Care | 3.11% | |
| Consumer Discretionary | 3.01% | |
| Telecommunications | 2.73% | |
| Basic Materials | 1.81% |
Source: SEC Form N-PORT (opens in a new tab) Holdings as of
Distributions
- Paid in the last 12 months
- $0.4640
- 12-month yield
- 2.19%
- Frequency
- Irregular
- Latest ex-date
- 23 Dec 2025
12-month yield = distributions per unit with an ex-date in the last 12 months ($0.4640) ÷ latest price ($21.15) × 100 = 2.19%. It looks back, so it is not a forecast; special distributions in the window are included.
Why a distribution yield is not the fund's return: yield vs total return
Distribution history table (1 payments)
| Ex-date | Amount per unit |
|---|---|
| 23 Dec 2025 | $0.4640 |
Filings and sources
- Form N-PORT report for May 2026 (opens in a new tab)
- Prospectus filing with the fee table (opens in a new tab)
- All SEC filings for this fund series (S000091882) (opens in a new tab)
- Nasdaq Trader symbol directory (opens in a new tab)
- Yahoo Finance quote and distributions (opens in a new tab)
- How the ETF figures are collected
Compare with
Largest funds in the same category:
- FMKT and VTI Vanguard Morningstar Total Stock Market ETF
- FMKT and VOO Vanguard S&P 500 ETF
- FMKT and IVV iShares Core S&P 500 ETF
- FMKT and QQQ Invesco QQQ Trust, Series 1