SpaceX~$1TSpaceX~$1T
Insider Buying
Subscribe

← ETF Screener

FMKT The Free Markets ETF

Issuer
Free Market
Inception
Jun 9, 2025
AUM
$10.0M
Expense ratio
0.75%
Yield
2.19%
Asset class
Equity
Holdings
0
Last price
$21.23

This actively managed exchange-traded fund endeavors to generate returns by investing in U.S.-listed companies poised to benefit from evolving regulatory environments that promote free-market principles. Its primary focus is on industries historically burdened by extensive oversight, such as healthcare, financial services, and energy, anticipating forthcoming regulatory relief. However, the fund also allocates capital to less regulated sectors like technology and consumer goods. The strategy capitalizes on various favorable policy shifts, including reduced government intervention, tax reductions, streamlined licensing procedures, and the elimination of trade barriers. By anticipating these regulatory transformations, the fund aims to uncover undervalued opportunities and mitigate the impact of increasing regulatory burdens elsewhere. Company selection emphasizes evaluating businesses for their potential to capitalize on deregulation, assessing their adaptability, strategic initiatives, and competitive standing within their respective markets. The portfolio typically comprises between 25 and 50 holdings, with at least 80% of its assets dedicated to entities expected to gain from deregulation. Furthermore, up to 5% of the fund's assets may be channeled into exchange-traded products offering exposure to Bitcoin and Ether, thereby diversifying the portfolio and tapping into the growth potential of digital assets.

-4.1%
2025-11-13low 19.55 · high 23.012026-11-13

Performance

1M3MYTD1Y3Y ann.5Y ann.
FMKT-2.8%-7.7%-1.6%-3.6%+2.3%+1.3%
Equity average (4725 funds)-2.2%+2.5%+85.7%+59908.1%+13.6%+2.3%

Insider activity in the holdings

Open-market insider buying across this fund’s holdings over 90 days, weighted by holding weight: −$329K net.

HoldingWeightInsiders boughtInsiders sold
WELL Welltower Inc5.59%$2.4M$0
AMT AMERICAN TOWER CORP2.96%$509K$403K
BX Blackstone Inc3.00%$55K$12.4M
IBKR Interactive Brokers Group Inc4.70%$6K$2.1M
ED Consolidated Edison Inc1.48%$111$0

Holdings · as of Nov 13, 2026

#HoldingWeight
1FMKT First American Government Obligations Fund 12/01/203111.85%
2WELL Welltower Inc5.59%
3REGN Regeneron Pharmaceuticals Inc4.82%
4COP ConocoPhillips4.77%
5CVX Chevron Corp4.76%
6IBKR Interactive Brokers Group Inc4.70%
7BIIB Biogen Inc4.66%
8HOOD Robinhood Markets Inc4.59%
9LLY Eli Lilly & Co4.58%
10TYL Tyler Technologies Inc4.02%
11DE Deere & Co3.21%
12COR Cencora Inc3.12%
13CFG Citizens Financial Group Inc3.04%
14BX Blackstone Inc3.00%
15TW Tradeweb Markets Inc2.99%
16AMT AMERICAN TOWER CORP2.96%
17USB US Bancorp2.72%
18DK Delek US Holdings Inc2.61%
19PNC PNC Financial Services Group Inc/The2.60%
20HWM Howmet Aerospace Inc2.54%
21PARR Par Pacific Holdings Inc2.53%
22TEVA Teva Pharmaceutical Industries Ltd2.14%
23CTRE CareTrust REIT Inc2.10%
24NOC Northrop Grumman Corp2.09%
25FTI TechnipFMC PLC1.88%
26APA APA Corp1.88%
27CEG Constellation Energy Corp1.52%
28ETR Entergy Corp1.49%
29ED Consolidated Edison Inc1.48%
30NEE NextEra Energy Inc1.46%
31JOBY Joby Aviation Inc0.81%
32SMR NuScale Power Corp0.62%
33UEC Uranium Energy Corp0.59%
34COIN Coinbase Global Inc0.50%

Sector breakdown

Energy26.6%
Financial Services25.4%
Healthcare21.8%
Real Estate11.5%
Industrials10.2%
Technology4.5%

Country breakdown

United States97.7%
Israel2.3%

Distributions

DatePer unit
Dec 23, 2025$0.4640

Members of Congress who disclosed this ETF

No member of Congress has disclosed a trade in FMKT in the filings we hold.

Fund facts, prices, performance and distributions: our market-data vendor. Holdings: the vendor and SEC Form N-PORT. Insider and Congress data: InsiderBuying. Last updated Nov 13, 2026. This is historical data, not investment advice. Report a data error

FMKT: The Free Markets ETF — Holdings, Performance and Insider Activity | InsiderBuying.com