FM Compounders Equity ETF
$28.69+0.00 (+0.00%)
- Expense ratio
- 0.71%
- Fund size
- $69M
- 1Y return
- +8.8%
- Yield · Last 12 months
- 2.83%
- Volume · 30D
- 0M sh
- NAV per share
- $28.68
- 52W range
The ETF.net FMCE Grade
Score 39 of 100 sits in the C band. Bands: A ≥ 70, B ≥ 55, C ≥ 40, D ≥ 25, F < 25; the scale skips E.
Cost
What you pay to own it — the expense ratio plus trading frictions, ranked within its category.DScore 38Category rankMission
How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.Not scoredRisk
How violently it can move — volatility, drawdown depth, and downside capture versus its category.BScore 64Category rankTradability
How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.FScore 9Category rankHoldings
What it actually owns — the quality, breadth, and concentration of the underlying portfolio.CScore 44Category rankDurability
Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.BScore 59Category rank
Our read on FMCE
CFirst Manhattan's stock pickers distill their best ideas into 25 to 35 US names. Active, non-diversified, moat-and-cash-flow investing in an ETF wrapper since 2024.
The Fund seeks long-term capital appreciation.
Why people hold it
- Real concentration: 25 to 35 US common stocks, so each pick carries weight instead of vanishing into an index tail.finance.yahoo.comstockanalysis.com
- Plain mandate: long-term capital appreciation from resilient businesses with strong competitive advantages, picked by fundamental research rather than a screen.stockanalysis.com
- Old-school stock picking, modern plumbing: actively managed by First Manhattan, with at least 80% of assets in equities under normal conditions.finance.yahoo.com
Worth knowing
- At 0.70% a year it prices above most of its quality-and-moat peers; PSET charges 0.15% for a systematic take on the same idea.
- Thinly traded, which can mean wider bid-ask spreads and more slippage on bigger orders than in mainstream large-cap funds.
- Non-diversified and live only since 2024: fewer names to absorb a stumble, and a record too short to judge across a full cycle. Lower tier of its cohort on our review.finance.yahoo.com
FMCE Holdings
- Stocks
- —
- 55%
- CASH
Geography
- United States92.70%
- Netherlands3.28%
- United Kingdom2.92%
- Japan1.11%
FMCE Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
Returns run to the Sep 22, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.
| Period | FMCE |
|---|---|
| Year to date | +9.3% |
| 1 month | −0.7% |
| 3 months | +1.1% |
| 1 year | +8.8% |
| 3 years | — |
| 5 years | — |
| 10 years | — |
Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.
| Year | Return bar | FMCE |
|---|---|---|
| 2026 YTD | +9.3% | |
| 2025 | +11.1% | |
| 2024 | −2.4% |
FMCE in the news
ETF.net Research hasn’t filed on FMCE yet — coverage lands here as it’s written.
FMCE Dividends
- 2.83%
- $0.81
- $0.03 per share
- Twice a year
Distribution history
| Ex-date | Pay date | Amount per share |
|---|---|---|
| Jun 24, 2026 | Jun 29, 2026 | $0.03 |
| Dec 16, 2025 | Dec 22, 2025 | $0.78 |
| Jun 24, 2025 | Jun 30, 2025 | $0.06 |
| Dec 16, 2024 | Dec 23, 2024 | $0.05 |
FMCE Risk
- 11.7%
How it’s calculated: standard deviation
The sample standard deviation of monthly total returns, multiplied by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.
- 0.45
How it’s calculated: Sharpe ratio
Subtract each month’s Treasury-bill return from the fund’s monthly total return.
Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.
- −11.7%
How it’s calculated: maximum drawdown
The largest percentage decline from an earlier peak, using total returns with reinvested distributions.
Uses up to five years through the last close, with at least 12 months required.
- 0.77
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
FMCE Cost
- The middle half of US Active Quality funds
- Median 0.58%
9 of the 17 US Active Quality funds charge less.