The Free Markets ETF (FMKT) Holdings
FMKT holdings summary
as of Oct 25, 2026- Holdings
- 33 positions listed
- Top 10 weight
- 52.2% of net assets
- Effective holdings
- 23 equal-weight equivalent
- Largest holding
- FGXXX 11.67% First American Funds Inc. - Government…
- Annual turnover
- — of the portfolio traded
All FMKT holdings
| # | Name | ||||||
|---|---|---|---|---|---|---|---|
| 1 | FGXXX | First American Funds Inc. - Government Obligations Fund | Other | 11.67% | $1.2M | — | — |
| 2 | WELL | Welltower Inc. | Real Estate | 5.46% | $547,216.91 | $169.23B | 105.3 |
| 3 | CVX | Chevron Corporation | Energy | 5.02% | $503,248.96 | $441.34B | 21.2 |
| 4 | COP | ConocoPhillips | Energy | 5.01% | $502,637.04 | $176.01B | 19.4 |
| 5 | HOOD | Robinhood Markets, Inc. | Financial Services | 4.77% | $478,962.76 | $88.89B | 43.6 |
| 6 | BIIB | Biogen Inc. | Healthcare | 4.73% | $474,328.22 | $34.37B | 41.3 |
| 7 | LLY | Eli Lilly and Company | Healthcare | 4.26% | $427,370.89 | $1.12T | 42.2 |
| 8 | IBKR | Interactive Brokers Group, Inc. | Financial Services | 4.22% | $422,957.04 | $140.89B | 31.6 |
| 9 | REGN | Regeneron Pharmaceuticals, Inc. | Healthcare | 3.97% | $398,550.46 | $81.41B | 19.6 |
| 10 | CFG | Citizens Financial Group, Inc. | Financial Services | 3.14% | $314,827.78 | $26.69B | 13.8 |
| 11 | DK | Delek US Holdings, Inc. | Energy | 3.02% | $303,331.71 | $4.69B | 20.8 |
| 12 | COR | Cencora | Healthcare | 2.91% | $291,986.11 | $65.06B | 25.3 |
| 13 | PARR | Par Pacific Holdings, Inc. | Energy | 2.91% | $291,614.95 | $4.18B | 4.9 |
| 14 | DE | Deere & Company | Industrials | 2.87% | $288,294.53 | $173.06B | 35.7 |
| 15 | MUR | Murphy Oil Corporation | Energy | 2.84% | $285,164.71 | $5.98B | 20.7 |
| 16 | USB | U.S. Bancorp | Financial Services | 2.80% | $281,081.90 | $91.50B | 11.4 |
| 17 | BX | Blackstone Inc. | Financial Services | 2.80% | $280,770.93 | $127.43B | 23.9 |
| 18 | PNC | The PNC Financial Services Group, Inc. | Financial Services | 2.45% | $246,102.15 | $86.73B | 11.6 |
| 19 | INTC | Intel Corporation | Technology | 2.31% | $231,737.08 | $474.96B | — |
| 20 | HWM | Howmet Aerospace Inc. | Industrials | 2.27% | $227,513.83 | $88.12B | 47.6 |
| 21 | TYL | Tyler Technologies, Inc. | Technology | 2.20% | $220,662.33 | $14.78B | 47.5 |
| 22 | NOC | Northrop Grumman Corporation | Industrials | 2.15% | $216,128.11 | $73.85B | 16.5 |
| 23 | AMT | American Tower Corporation | Real Estate | 2.08% | $208,474.09 | $86.33B | 25.5 |
| 24 | TEVA | Teva Pharmaceutical Industries Ltd | Healthcare | 2.05% | $205,404.46 | — | — |
| 25 | TALO | Talos Energy Inc. | Energy | 2.04% | $204,391.28 | $2.97B | — |
| 26 | FTI | TechnipFMC plc | Energy | 2.00% | $200,158.00 | $27.32B | 24.3 |
| 27 | CTRE | CareTrust REIT, Inc. | Real Estate | 1.96% | $197,008.12 | $8.64B | 22.8 |
| 28 | TW | Tradeweb Markets Inc. | Financial Services | 1.96% | $196,446.36 | $24.52B | 27.2 |
| 29 | APA | APA Corporation | Energy | 1.88% | $188,220.55 | $17.22B | 10.4 |
| 30 | UEC | Uranium Energy Corp. | Energy | 0.62% | $62,425.86 | $3.92B | — |
| 31 | JOBY | Joby Aviation, Inc. | Industrials | 0.62% | $61,934.32 | $4.64B | — |
| 32 | COIN | Coinbase Global, Inc. | Financial Services | 0.61% | $61,663.47 | $45.69B | — |
| 33 | SMR | NuScale Power Corporation | Industrials | 0.61% | $61,613.31 | $2.39B | — |
Weights as a percentage of net assets. Value held = weight × net assets ($10.0M). Market cap and P/E from each company's latest fundamentals (U.S.-listed stocks).
FMKT sector breakdown
| Sector | Weight | Holdings | Largest |
|---|---|---|---|
| Energy | 25.3% | 9 | CVX, COP, DK |
| Financial Services | 22.8% | 8 | HOOD, IBKR, CFG |
| Healthcare | 17.9% | 5 | BIIB, LLY, REGN |
| Other | 11.7% | 1 | FGXXX |
| Real Estate | 9.5% | 3 | WELL, AMT, CTRE |
| Industrials | 8.5% | 5 | DE, HWM, NOC |
| Technology | 4.5% | 2 | INTC, TYL |
Sum of the weights of the holdings in each sector.
FMKT top industries
FMKT overlap with other ETFs
| ETF | Fund | Overlap | Shared holdings | Expense ratio |
|---|---|---|---|---|
| SPY | SPDR S&P 500 ETF | 5.0% | 21 of 502 | 0.09% |
| VTI | Vanguard Total Stock Market ETF | 4.5% | 31 of 2,941 | 0.03% |
| DIA | SPDR Dow Jones Industrial Average ETF | 2.5% | 1 of 30 | 0.16% |
| QQQ | Invesco QQQ ETF | 2.3% | 2 of 101 | 0.17% |
| IWM | iShares Russell 2000 ETF | 1.2% | 8 of 1,962 | 0.19% |
| VXUS | Vanguard Total International Stock ETF | 0.1% | 5 of 8,035 | 0.05% |
Overlap = sum over shared holdings of the smaller of the two weights. 100% means identical portfolios.
About the FMKT portfolio
The Free Markets ETF holds 33 positions. The ten largest make up 52.2% of the fund, so it behaves like a portfolio of about 23 equally weighted stocks. The biggest positions are First American Funds Inc. - Government Obligations Fund (11.67%), Welltower Inc. (5.46%), Chevron Corporation (5.02%), ConocoPhillips (5.01%), Robinhood Markets, Inc. (4.77%).
By sector, Energy is 25.3%, Financial Services is 22.8%, Healthcare is 17.9%. Holdings data is from the fund's latest portfolio as reported by EODHD on October 25, 2026; positions change as the fund rebalances.
Related: FMKT chart, FMKT performance, FMKT dividends, FMKT valuation, FMKT overview.
FMKT holdings FAQ
How many holdings does FMKT have?
FMKT holds 33 positions as of October 25, 2026.
What are the top 10 holdings of FMKT?
The ten largest holdings are First American Funds Inc. - Government Obligations Fund (11.67%), Welltower Inc. (5.46%), Chevron Corporation (5.02%), ConocoPhillips (5.01%), Robinhood Markets, Inc. (4.77%), Biogen Inc. (4.73%), Eli Lilly and Company (4.26%), Interactive Brokers Group, Inc. (4.22%), Regeneron Pharmaceuticals, Inc. (3.97%), Citizens Financial Group, Inc. (3.14%). Together they are 52.2% of the fund.
What percentage of FMKT is First American Funds Inc. - Government Obligations Fund?
First American Funds Inc. - Government Obligations Fund is the largest holding at 11.67% of net assets, about $1.2M of the fund's $10.0M.
Which sector is the largest in FMKT?
Energy is the largest sector at 25.3%, followed by Financial Services (22.8%) and Healthcare (17.9%), based on the sectors of the individual holdings.
How concentrated is FMKT?
The top 10 holdings are 52.2% of the fund. By the effective number of holdings (1 divided by the sum of squared weights) FMKT behaves like a portfolio of about 23 equally weighted stocks.