Key stats
Details
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Inception date
Jun 9, 2025
Structure
Open-Ended Fund
Replication method
Physical
Dividend treatment
Distributes
Distribution tax treatment
Qualified dividends
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
Tidal Investments LLC
Distributor
Foreside Fund Services LLC
ISIN
US8863641408
CUSIP
886364140
FIGI
BBG01VFQP6V1
Identifiers
ISIN US8863641408
FMKT is an actively managed fund that aims to capitalize on US listed equities that are anticipated to benefit from regulatory shifts favoring free market dynamics. The fund targets sectors burdened by high regulation like healthcare, financial services, and energy, predicting regulatory relief. Investments also span technology and consumer goods sectors less affected by regulation. Examples of favorable shifts include deregulation, reduced taxes, licensing reforms, and tariffs elimination. The Fund seeks value by leveraging expected regulatory reforms, aiming to buffer against increased regulatory burdens. The selection process evaluates companies poised for deregulation benefits, focusing on their adaptability, strategies, and competitive positioning within industries. The portfolio generally consists of 25-50 positions, investing at least 80% in deregulation beneficiaries. Up to 5% may be invested in ETPs with exposure to Bitcoin and Ether, enhancing diversification and seizing digital asset growth opportunities.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Finance
Technology Services
Electronic Technology
Industrial Services
Stocks99.05%
Finance32.91%
Technology Services12.99%
Electronic Technology12.36%
Industrial Services12.18%
Utilities9.92%
Process Industries5.81%
Health Technology3.74%
Producer Manufacturing3.42%
Distribution Services2.89%
Health Services1.49%
Transportation0.49%
Non-Energy Minerals0.43%
Energy Minerals0.42%
Bonds, Cash & Other0.95%
Mutual fund0.95%
Cash−0.00%
Breakdown by region
North America98.05%
Europe1.95%
Latin America0.00%
Asia0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently asked questions
FMKT invests in stocks. The fund's major sectors are Finance, with 32.91% stocks, and Technology Services, with 12.99% of the basket. The assets are mostly located in the North America region.
FMKT top holdings are Archer-Daniels-Midland Company and Welltower Inc., occupying 5.36% and 5.22% of the portfolio correspondingly.
FMKT assets under management is 11.27 M USD. It's fallen 13.11% over the last month.
FMKT fund flows account for −5.35 M USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Yes, FMKT pays dividends to its holders with the dividend yield of 2.13%. The last dividend (Dec 24, 2025) amounted to 0.46 USD. The dividends are paid annually.
FMKT shares are issued by TFG Parent Holdings LLC under the brand Free Market. The ETF was launched on Jun 9, 2025, and its management style is Active.
FMKT expense ratio is 0.76% meaning you'd have to pay 0.76% of your investment to help manage the fund.
FMKT follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
FMKT invests in stocks.
FMKT price has fallen by −1.04% over the last month, and its yearly performance shows a −1.22% decrease. See more dynamics on FMKT price chart.
NAV returns, another gauge of an ETF dynamics, have fallen by −0.74% over the last month, showed a −2.00% decrease in three-month performance and has increased by 0.70% in a year.
NAV returns, another gauge of an ETF dynamics, have fallen by −0.74% over the last month, showed a −2.00% decrease in three-month performance and has increased by 0.70% in a year.
FMKT trades at a premium (0.17%) meaning the ETF is trading at a higher price than the calculated NAV.