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Launched · SEC filings

Freedom 100 Emerging Markets ETF

FRDMCboeC

$60.90−0.82 (−1.34%)

As of Nov 10, 2026, 11:25 AM ET

C52/ 100

Rank 9 of 12 in Emerging Markets ESG & Values Index

C52/100Rank 9 of 12inEmerging Markets ESG & Values Index
Intraday session: down, 24 prints from 61.72 to 60.90. Range 60.78 to 61.58. Use the arrow keys to read each point.61.0061.2061.4061.6010 AM12 PM2 PM4 PM
Expense ratio
0.49%
Fund size
$3.11B
1Y total return
+32.8%
Yield · Last 12 months
1.91%
Holdings
135
Avg volume · 30D
292K sh
52W range
low $45.41high $76.90
Launched
Filings
SEC EDGAR

The ETF.net FRDM Grade

C

Score 52 out of 100

Category
Emerging Markets ESG & Values Index⁠
Rank
9 of 12
Six-pillar profile for FRDM. Scores out of 100: Cost 28, Risk 33, Mission 93, Tradability 61, Holdings 33, Durability 69. Strongest: Mission (93). Weakest: Cost (28). Leans toward Mission.

Score 52 of 100 falls in the C band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25.

  • Cost

    The fund’s net expense ratio, ranked against its category.
    D28 out of 100
    Rank 9 of 12

  • Mission

    Whether the fund did what it promised, tested against its stated mandate.
    A93 out of 100
    Rank 9 of 10

  • Risk

    How the fund held up when markets fell: downside volatility, drawdowns and tail loss.
    D33 out of 100
    Rank 10 of 12

  • Tradability

    How easy the fund is to trade: daily volume, and how far its price strays from net asset value.
    B61 out of 100
    Rank 2 of 12

  • Holdings

    How concentrated the fund is, and how complete and current its disclosed holdings are.
    D33 out of 100
    Rank 10 of 11

  • Durability

    Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.
    B69 out of 100
    Rank 4 of 12

Our read on FRDM

ETF.net Research

In short

CMost emerging-markets funds buy the whole market and move on. FRDM tracks the Life + Liberty Freedom 100 Emerging Markets Index instead: a passive, rules-based screen that lands on roughly 100 stocks.

Stated mandate

The Fund seeks to track, before fees and expenses, the total return of the Life + Liberty Freedom 100 Emerging Markets Index using a passive indexing approach.

Why people hold it

  • Not the cap-weighted default. A passive index build that ends at about 100 emerging-markets stocks, so the screen actually shapes what you own.
  • Trading since 2019 and now a multi-billion-dollar fund, so this is an idea with an operating history behind it, not a launch-week pitch.
  • Stays in its lane: a 1940 Act fund holding emerging-markets equity, closely matching the index it names in its prospectus. Distributions come quarterly.

Worth knowing

  • The screen has a price tag: 0.49% a year versus a 0.19% median across its emerging-markets peer group, with VWO and SCHE sitting at 0.06%.
  • About 100 names, not thousands. Country and single-stock swings land harder here than in a whole-market emerging-markets basket.
  • Moderately traded rather than one of the category's volume giants, so spreads deserve a look before you place an order.

FRDM Holdings

Holdings pillarD33 out of 100Rank 10 of 11 in Emerging Markets ESG & Values Index
Asset class
Stocks
Holdings
135
Top-10 weight
49%
Largest holding
005930.KS10.3%

Sectors

  • Technology40.5%
  • Financials24.8%
  • Consumer Discretionary8.2%
  • Industrials8.1%
  • Materials6.2%
  • Communication3.9%
  • Consumer Staples2.4%
  • Utilities2.2%
  • Real Estate1.9%
  • Health Care1.7%
  • Energy0.0%

Geography

  • Taiwan25.36%
  • South Korea22.04%
  • Chile14.87%
  • Poland12.95%
  • Brazil7.06%
  • Malaysia5.41%
  • South Africa4.97%
  • Thailand2.95%
  • Other countries (3)4.40%

Developed 0% · Emerging 100% of the foreign sleeve

The fund’s holdings, weight-ordered — page 1 of 9.
#TickerCompanyWeight %SharesMarket valueHeld by ETFs
1005930.KSSamsung Electronics Co Ltd10.26%2,237,717$311M185
2TSMTaiwan Semiconductor Manufacturing Co Ltd8.20%662,397$249M286
3000660.KSSK hynix Inc7.24%263,436$220M194
42454.TWMediaTek Inc5.20%1,521,040$158M172
5PEO.WABank Polska Kasa Opieki SA3.78%1,735,601$115M110
6LTM.SNLatam Airlines Group SA3.71%4,699,926,818$112M72
7CHILE.SNBanco de Chile3.13%490,998,210$95.1M85
8No dataFalabella SA2.75%12,503,203$83.3M2
92317.TWHon Hai Precision Industry Co Ltd2.69%11,896,501$81.6M123
10VALE3.SAVale SA2.49%6,519,450$75.5M80
11LPP.WALpp SA2.35%10,242$71.4M86
122308.TWDelta Electronics Inc1.99%1,869,419$60.3M154
13No dataMalayan Banking Bhd1.97%23,968,279$59.8M3
14BCI.SNBanco de Credito e Inversiones SA1.66%810,652$50.2M73
152881.TWFubon Financial Holding Co Ltd1.57%10,507,608$47.5M103

Showing 1–15 of 135 holdings

FRDM Performance

Launched May 22, 2019

Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.

Not enough history yet.
FRDM$13,285
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$11,339
Nov 7, 2025 to Nov 9, 2026. FRDM $13,285. SPY $11,339. Use the arrow keys to read each point.$10,000$12,500$15,000Nov 2025May 2026Nov 2026

Nov 7, 2025 – Nov 9, 2026

Returns run to the Nov 9, 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.

Trailing total return for FRDM. Periods over one year show the average yearly return.
PeriodFRDM
Year to date+22.0%
1 month−10.8%
3 months−7.0%
1 year+32.8%
3 yearsper year+31.3%
5 yearsper year+15.7%
10 yearsFund is under 10 years oldper yearNo data

With distributions reinvested.

Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.

Annual total returns for FRDM
YearReturn barFRDM
2026 YTD+22.0%
2025+61.3%
2024+1.7%
2023+22.8%
2022−14.5%
2021+6.1%
2020+16.9%

FRDM in the news

FRDM Dividends

Adds up every distribution paid per share over the last 12 months, divided by the last completed close. Distributions are counted by ex-date. Data through Nov 9, 2026.
1.91%Last 12 months
Payout per share
$1.18Last 12 months
Last payment
$0.29 per share
Paid on
Shares bought on or after this date do not qualify for this distribution.
Frequency
Quarterly

Distribution history

2019–2026

One bar per payment. 25 payments from 2019 to 2026 YTD. Jun 17, 2019 $0.04; Sep 16, 2019 $0.17; Dec 30, 2019 $0.09; Jun 15, 2020 $0.14; Sep 14, 2020 $0.09; Dec 30, 2020 $0.13; Jun 14, 2021 $0.09; Sep 13, 2021 $0.13; Dec 30, 2021 $0.50; Dec 29, 2022 $0.75; Mar 29, 2023 $0.10; Jun 28, 2023 $0.29; Sep 27, 2023 $0.23; Dec 20, 2023 $0.25; Mar 26, 2024 $0.02; Jun 27, 2024 $0.42; Sep 27, 2024 $0.17; Dec 30, 2024 $0.21; Mar 28, 2025 $0.27; Jun 27, 2025 $0.35; Sep 29, 2025 $0.22; Dec 23, 2025 $0.33; Mar 30, 2026 $0.23; Jun 29, 2026 $0.33; Sep 28, 2026 $0.29. Use the arrow keys to read each point.20192020202120222023202420252026YTD
Ex-datePay dateAmount per share
Sep 28, 2026Sep 30, 2026$0.29
Jun 29, 2026Jul 2, 2026$0.33
Mar 30, 2026Apr 2, 2026$0.23
Dec 23, 2025Dec 26, 2025$0.33
Sep 29, 2025Sep 30, 2025$0.22
Jun 27, 2025Jun 30, 2025$0.35
Mar 28, 2025Mar 31, 2025$0.27
Dec 30, 2024Dec 31, 2024$0.21
Sep 27, 2024Sep 30, 2024$0.17
Jun 27, 2024Jun 28, 2024$0.42
Mar 26, 2024Mar 28, 2024$0.02
Dec 20, 2023Dec 22, 2023$0.25

See all 25 payments⁠

$10,000 in FRDM 5 years ago paid $1,461 in dividends.⁠

FRDM Risk

Risk pillarD33 out of 100Rank 10 of 12 in Emerging Markets ESG & Values Index
How much the fund’s monthly returns vary, scaled to a year.
22.9%
Annualised · 36 months to Oct 2026
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.

Return above 3-month US Treasury bills per unit of volatility.
1.19
vs 3-month T-bills · to Oct 2026
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.

The largest fall from a peak to the low that followed.
−29.2%
Trough Oct 2022
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.

How strongly the fund’s returns move with its asset-class index.
1.43
vs its asset-class index
How it’s calculated: beta

The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.

FMP measures it over up to five years of monthly returns.

FRDM Cost

Compare FRDM and EMCS

Overpaying vs EMCS, tied cheapest in Emerging Markets ESG & Values Index

$6,655

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

  • FRDM 0.49%

    $9,792

  • EMCS 0.15% Tied cheapest

    $3,137

$10,000
30 years

Cost over time

  • FRDM 0.49%
  • EMCS 0.15%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$2K$4K$6K$8K$10K051015202530FRDM $9,792EMCS $3,137

Year by year

YearFRDMEMCSOverpaying
10$883$274$609
20$3,394$1,071$2,323
30$9,792$3,137$6,655

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