---
ticker: "FMKT"
name: "The Free Markets ETF"
url: "https://etf.net/etf/FMKT"
grade: "D"
score: 32
graded_at: "2026-10-12"
category: "US Thematic"
category_rank: "21 of 22"
methodology: "https://etf.net/methodology"
---

# FMKT: The Free Markets ETF

Grade **D**, Score 32 of 100. Rank 21 of 22 in US Thematic.

Graded Oct 12, 2026.

## Grade pillars

| Pillar | Score | Category rank |
| --- | --- | --- |
| Cost | 10 | 19 of 22 |
| Mission | Not scored | — |
| Risk | 25 | 20 of 22 |
| Tradability | 68 | 6 of 22 |
| Holdings | 55 | 11 of 22 |
| Durability | 40 | 13 of 22 |

## Top holdings

The fund holds 43 positions. These are the largest 30, by weight.

| # | Ticker | Name | Weight |
| --- | --- | --- | --- |
| 1 | HOOD | Robinhood Markets Inc | 5.49% |
| 2 | ADM | Archer-Daniels-Midland Co | 5.31% |
| 3 | WELL | Welltower Inc | 5.05% |
| 4 | IBKR | Interactive Brokers Group Inc | 4.65% |
| 5 | ORCL | Oracle Corp | 4.63% |
| 6 | EME | EMCOR Group Inc | 4.53% |
| 7 | MSFT | Microsoft Corp | 4.04% |
| 8 | BIIB | Biogen Inc | 3.98% |
| 9 | — | First American Government Obligations Fund 12/01/2031 | 3.63% |
| 10 | INTC | Intel Corp | 3.58% |
| 11 | CRCL | Circle Internet Group Inc | 3.25% |
| 12 | DE | Deere & Co | 3.06% |
| 13 | PLTR | Palantir Technologies Inc | 2.90% |
| 14 | CFG | Citizens Financial Group Inc | 2.88% |
| 15 | BX | Blackstone Inc | 2.76% |
| 16 | AIT | Applied Industrial Technologies Inc | 2.76% |
| 17 | USB | US Bancorp | 2.50% |
| 18 | HWM | Howmet Aerospace Inc | 2.48% |
| 19 | WMB | Williams Cos Inc/The | 2.46% |
| 20 | PNC | PNC Financial Services Group Inc/The | 2.39% |
| 21 | KEY | KeyCorp | 2.22% |
| 22 | ETN | Eaton Corp PLC | 2.15% |
| 23 | CTRE | CareTrust REIT Inc | 1.94% |
| 24 | NOC | Northrop Grumman Corp | 1.84% |
| 25 | ABT | Abbott Laboratories | 1.83% |
| 26 | TSCO | Tractor Supply Co | 1.76% |
| 27 | CGNX | Cognex Corp | 1.73% |
| 28 | BSX | Boston Scientific Corp | 1.73% |
| 29 | TYL | Tyler Technologies Inc | 1.70% |
| 30 | FIX | Comfort Systems USA Inc | 1.62% |

Source: etf.net, https://etf.net/etf/FMKT. Please cite the page URL.