FMKT The Free Markets ETF

ETF

ETF quote, holdings, sector allocation, technicals, and options analytics. Fibonacci levels

Market data may be delayed, incomplete, or inaccurate. Not a recommendation to buy, sell, or hold any security. Verify quotes with your broker before trading. See Terms §17.

FMKT — —
Key stats
About

The Free Markets ETF (FMKT) ETF

No description available.

Exchange
ARCX
Inception
2025-06-09
Has Options
No
Fund profile
holdings as of May 31, 2026SEC filingthrough May 2026flows, SEC filings
US Equity Large Cap Blend#152 of 177 by assets The Free US Actively managed
Expense ratio
0.76%
prospectus, filed Jun 3, 2025
Assets
$15M
SEC filing, May 31, 2026
Trailing yield
2.17%
paid annual
Average daily volume
$53K
30 sessions
Holdings
51
top 10 are 29.6%
Listed
Jun 9, 2025
NYSE Arca
Closure risk, 12 months
12%
elevated: trading volume, age, size of the sponsor's line-up · model
FrenzyCap ETF score
20
how it is built
Cost15
Liquidity0
Scale0
Diversification73

Moves with. US large-cap stocks (47% of its variance, beta 0.99); Bitcoin (10% of its variance, beta 0.08); Small caps over large (10% of its variance, beta 0.42). These factors explain 65% of its daily moves over the last year.

Stated objective. The Free Markets ETF (the Fund) seeks to provide long-term total returns. (from the fund's prospectus)

All 51 holdingsFlow historySimilar fundsOverlap toolAll Large Cap Blend ETFs

Fund flows
through May 2026SEC filings
May 2026
$0
latest reported month
Latest 3 months
−$3.2M
−21.5% of assets
Latest 12 months
+$13M
+89.8% of assets
Jun 2025: +$13M+$13MJul 2025: +$2.4MJulAug 2025: −$1.1MSep 2025: $0SepOct 2025: +$4.1MNov 2025: $0NovDec 2025: −$701KJan 2026: −$1.6MJanFeb 2026: +$220KMar 2026: −$2.4M−$2.4MMarApr 2026: −$861KMay 2026: $0May
View as a table
Net flows of FMKT by month, Jun 2025 to May 2026
MonthNet flow
May 2026$0
Apr 2026−$861K
Mar 2026−$2.4M
Feb 2026+$220K
Jan 2026−$1.6M
Dec 2025−$701K
Nov 2025$0
Oct 2025+$4.1M
Sep 2025$0
Aug 2025−$1.1M
Jul 2025+$2.4M
Jun 2025+$13M

Net creations and redemptions from the fund's SEC filings, which become public about 60 days after each quarter. Every month since 12 months ago

Similar funds
FundOverlapFeeAssets1Y
BGROBlackRock ETF Trust iShares Large Cap Growth Active ETF17%0.55%$10M+11.7%compare
AIPIREX AI Equity Premium Income ETF16%0.65%$436M−17.1%compare
GRNIFundstrat Granny Shots US Large Cap & Income ETF15%0.99%$55M—compare
XAIXXtrackers Artificial Intelligence and Big Data ETF15%0.35%$156M+33.9%compare
ESNEssential 40 Stock ETF14%0.70%$279M+21.1%compare

Ranked by how much of the two portfolios is the same securities.

Look-through: what the holdings say
weights as of May 31, 2026SEC filing
Holdings vs fair value
+12.0%
52% under, 20% over · 95% covered
Price / earnings
59.1
14% loss-making · 95% covered
Price / book · sales
2.6 · 2.4
revenue growth +12.0%
Above 200-day average
40%
29% above 50-day · by weight
Short interest
4.9%
of float, weighted · 3.6 days to cover
Insider buying
16%
of weight had net insider buying, 90 days; 48% net selling
13F holders
+2.8%
change in shares held by institutions, latest quarter
Reporting earnings
31.2%
of weight in 7 days; 63.6% in 14
Largest contributors below fair value
IBKR+50%ORCL+42%CRCL+50%ADM+47%NXST+50%
Largest contributors above fair value
PLTR−37%KEY−27%HOOD−36%WMB−15%BX−16%

Each figure is the fund's holdings weighted by position size, using our data on those stocks, and covers only the share of the stock holdings stated. Positive fair value means the holdings trade below our estimate.

Under the hood
fiscal year to May 31, 2026SEC census
Authorized participants
4 active
of 4 with agreements; top 3 did 99%
Created · redeemed
$22M · $9.0M
over the fiscal year
Redemptions in kind
92%
creations 95% in kind
Creation unit
10,000
shares
Securities lending
not authorized

From the fund's annual census filing with the SEC. In-kind redemptions are what let an ETF shed appreciated securities without realising gains.

ETF Profile
holdings as of 2026-05-31
Holdings
51
AUM
$15.0M
Provider
Nport
Inception
2025-06-09
Exchange
ARCX
Data As Of
2026-05-31
Expense Ratio
0.76%
Dividend Yield
2.17%
Distribution
Annual
Recent distributions
Ex-Date Pay Date Amount Type
2025-12-23 2025-12-24 $0.4644 CD
Asset Allocation
Top Holdings
top 50 of 51 holdings
Symbol Name Weight % Asset Class Country
IBKR Interactive Brokers Group Inc 3.56% Equity (common) US
PANW Palo Alto Networks Inc 3.32% Equity (common) US
ORCL Oracle Corp 3.18% Equity (common) US
CFG Citizens Financial Group Inc 3.00% Equity (common) US
KEY KeyCorp 2.98% Equity (common) US
WMB Williams Cos Inc/The 2.86% Equity (common) US
CSCO Cisco Systems Inc 2.73% Equity (common) US
PLTR Palantir Technologies Inc 2.68% Equity (common) US
MSFT Microsoft Corp 2.65% Equity (common) US
CRCL Circle Internet Group Inc 2.64% Equity (common) US
— Joby Aviation Inc 2.49% Equity (common) US
ADM Archer-Daniels-Midland Co 2.43% Equity (common) US
BX Blackstone Inc 2.37% Equity (common) US
— First American Government Obli 2.34% Short-term investment US
HOOD Robinhood Markets Inc 2.24% Equity (common) US
PWR Quanta Services Inc 2.21% Equity (common) US
EME EMCOR Group Inc 2.21% Equity (common) US
AEP American Electric Power Co Inc 2.15% Equity (common) US
NXST Nexstar Media Group Inc 2.06% Equity (common) US
FDX FedEx Corp 2.03% Equity (common) US
SMR NuScale Power Corp 2.02% Equity (common) US
HLNE Hamilton Lane Inc 1.96% Equity (common) US
COIN Coinbase Global Inc 1.95% Equity (common) US
APO Apollo Global Management Inc 1.94% Equity (common) US
NOC Northrop Grumman Corp 1.92% Equity (common) US
CTRE CareTrust REIT Inc 1.92% Equity (common) US
HWM Howmet Aerospace Inc 1.92% Equity (common) US
FIX Comfort Systems USA Inc 1.90% Equity (common) US
BIIB Biogen Inc 1.85% Equity (common) US
UEC Uranium Energy Corp 1.81% Equity (common) CA
TSN Tyson Foods Inc 1.81% Equity (common) US
DUK Duke Energy Corp 1.80% Equity (common) US
ACHR Archer Aviation Inc 1.70% Equity (common) US
INTC Intel Corp 1.68% Equity (common) US
CME CME Group Inc 1.68% Equity (common) US
— Fannie Mae 1.67% Equity (common) US
TYL Tyler Technologies Inc 1.51% Equity (common) US
EVRG Evergy Inc 1.47% Equity (common) US
PNC PNC Financial Services Group I 1.44% Equity (common) US
WELL Welltower Inc 1.43% Equity (common) US
USB US Bancorp 1.43% Equity (common) US
BWXT BWX Technologies Inc 1.43% Equity (common) US
BTU Peabody Energy Corp 1.42% Equity (common) US
STEP StepStone Group Inc 1.39% Equity (common) US
HII Huntington Ingalls Industries 1.38% Equity (common) US
ENSG Ensign Group Inc/The 1.26% Equity (common) US
BKR Baker Hughes Co 0.98% Equity (common) US
— TechnipFMC PLC 0.93% Equity (common) GB
DE Deere & Co 0.92% Equity (common) US
EXC Exelon Corp 0.66% Equity (common) US
Non-Equity Breakdown
The Free Markets ETF · NPORT-P period 2026-05-31 (filed 2026-07-29)
Net assets: $15M · 51 total positions · equity 97.64% · non-equity 2.34%
Non-equity holdings — 1 positions, 2.34% of NAV
Category Weight Value Positions
Short-term investment 2.34% $351351 1
Chart
Seasonality
'25'26Avg
Jan---0.82%-0.82%
Feb--1.01%1.01%
Mar---6.62%-6.62%
Apr--6.85%6.85%
May--2.58%2.58%
Jun5.37%-3.62%0.88%
Jul6.01%-1.13%2.44%
Aug0.46%2.19%1.32%
Sep8.43%-2.72%2.85%
Oct-0.29%-1.79%*-1.04%
Nov-3.80%---3.80%
Dec-2.73%---2.73%
Total13.53%-4.61%4.46%
* Only 2 year(s) of data available.
Technical Indicators

Quick-reference for reading the values below. Indicators combine to confirm a view — no single one is a trade signal on its own.

Trend Indicators
  • SMA 20 / 50 / 200 — price above = uptrend, below = downtrend. SMA 50 crossing SMA 200 is the golden/death cross.
  • EMA 12 / 26 — faster-reacting averages; 12 above 26 is short-term bullish.
  • MACD — bullish when MACD > signal (green badge), bearish when below. Divergence from price often precedes reversals.
  • ADX (14) — trend strength regardless of direction. <20 range, 20–25 weak trend, 25–50 trend, >50 strong trend.
  • +DI / −DI — +DI > −DI favors bulls; the reverse favors bears. Read alongside ADX.
Momentum Oscillators
  • RSI (14) — <30 oversold, >70 overbought. 40–60 is neutral; trending names can stay extreme.
  • Stochastic %K / %D — <20 oversold, >80 overbought. %K crossing %D is an early momentum signal.
  • Williams %R — inverted scale: <−80 oversold, >−20 overbought.

Oscillators work best in range-bound markets; in strong trends they give premature reversal signals.

Volume & Volatility
  • Bollinger Bands — price at upper band = overbought, lower = oversold. Narrow bands (squeeze) often precede expansion.
  • OBV — cumulative volume; rising OBV confirms uptrend, falling OBV confirms downtrend. Divergence from price is a warning.
  • Vol SMA 20 / Vol ROC — today's volume vs. 20-day average. Positive ROC with price move = conviction.
  • ATR / True Range — average daily $ move; sizing and stop-loss reference.
  • HV 20 / 30 / 60 — realized (historical) volatility. Compare to IV on the options cards: IV > HV = rich premium.

Confluence matters: trend + momentum + volume agreeing carries far more weight than any single indicator. For how these feed the spread scanner score, see the algorithm docs →

Trend Indicators

SMA 20: $21.66
SMA 50: $22.18
SMA 200: $21.95
Current: $21.34
EMA 12: $21.49
EMA 26: $21.73
MACD: -0.2414 | Signal: -0.0243
BEARISH
ADX (14): 19.89
RANGE
+DI: 24.38
−DI: 40.76

Momentum Oscillators

RSI (14): 40.90
NEUTRAL
Stoch %K: 22.08
Stoch %D: 14.46
Williams %R: -79.11

Volume & Volatility

BB Upper: $22.25
BB Lower: $21.07
NEUTRAL
OBV: 651,575
Vol SMA 20: 2,686
Vol ROC: -83.83%
ATR: $0.23
True Range: $0.14
HV 20: 15.4%
HV 30: 15.3%
HV 60: 16.5%

Data Summary

Data Points: 344
Last Updated:
Date Range: 2025-06-10T00:00:00 – 2026-10-21T00:00:00
AI Analysis

Click Frenzy-Pro™ for an AI analysis of this ticker.

Analysis includes technical indicators, news sentiment, risk assessment, and specific price levels to watch.

News
All FMKT news →

FMKT Options Activity & IV Rank

Loading options activity...
Spread Scanner GPU
Full Algorithm Docs ↗

Each spread is ranked by a composite score built in three stages. Full documentation →

Stage 1 — Base Score (GPU scanner)

score = P(profit) × (credit / spread_width)
P(profit) from short leg delta (1 − |delta|), penalised above 85%. Credit uses mid-price to handle illiquid chains fairly.

Stage 2 — Skew Adjustment (±25% cap)

RR and BF (30-delta) from the persisted per-symbol skew snapshot — wing strikes picked by real greeks.delta, not a moneyness proxy. Put skew boosts bull puts, penalises bear calls. High butterfly boosts iron condors. Calendars are skew-neutral.

Stage 3 — Technical Overlay (±50% cap, 5 groups)
Group 1 · Directional Bias (±0.25)
  • RSI <40 bullish / >60 bearish
  • MACD crossover + histogram trend
  • Price vs SMA 50 & SMA 200
Group 2 · Momentum (±0.10)
  • Stochastic %K <20 / >80
  • Williams %R <−80 / >−20
Group 3 · Volatility (up to −0.25 / +0.15)
  • Blended ATR + straddle expected-move penalty
  • Bollinger Band signal (+ counter-trend penalty)
  • BB width — vol contraction boost for ICs
Group 4 · IV Regime (±0.15)
  • IV rank ≥ 75 → strong boost for credit spreads
  • IV rank < 25 → penalty (selling cheap vol)
Group 5 · Liquidity (penalty up to −0.10)
  • Min open interest across all legs
  • OI < 100 → −0.10 · OI < 500 → −0.05

score = base_score × skew_multiplier × tech_multiplier
Both multipliers are shown per spread. Beta is informational only — ATR already captures realized vol. Full algorithm documentation →

Enter a ticker to scan for optimal spread opportunities.

Evaluates all bull put, bear call, iron condor, and calendar spread combinations using GPU-accelerated analysis.

Skew (Wing IV − ATM IV)
DTE:
Wing Δ:
Metric:
Wing vs ATM
IV(put wing) − IV(ATM), in vol points

How much the OTM put trades above (or below) the at-the-money strike. Measures the height of the put-side tail relative to ATM — i.e. how expensive crash insurance is on this name.

  • Positive (typical) — wing IV > ATM IV. Standard equity put skew: portfolios bid up crash protection, so OTM puts trade richer than ATM.
  • Near zero or negative (unusual) — wing IV ≤ ATM IV. Flat or inverted put side. Common when there's no fear demand, in tightly mean-reverting names, or right after an earnings catalyst clears.
  • Percentile vs own 3-yr history: high = wings rich (good time to sell wing premium); low = wings cheap (good time to buy protection).
  • Not directional — high or low wings don't predict up or down moves. It's a price tag on tail insurance, not a forecast.
Risk Reversal
IV(call wing) − IV(put wing), equal delta on each side

Which side of the smile is the market paying up for? Measures the tilt of the surface — call skew vs put skew at matched deltas.

  • Negative (typical) — puts richer than calls. Standard equity behavior: hedging demand makes puts carry a premium. Most large-caps sit in the −1 to −5 vol-point range.
  • Strongly negative (< −5 pts) — heavy downside hedging, elevated fear, or an upcoming catalyst (earnings, FDA, macro event). Worth flagging.
  • Positive — calls richer than puts. Unusual for equities; signals bullish momentum, short-squeeze positioning, or takeover/M&A speculation.
  • Near zero — symmetric surface. Market sees roughly equal up/down risk. Rare for large-caps; more common in commodities and FX.
Reading them together

Wing-vs-ATM tells you how expensive the tails are. Risk Reversal tells you which side is favored. Combined:

  • High wing percentile + deeply negative RR → strong put bid; stress or major event priced in. Owning protection costs a premium; selling put premium is dangerous.
  • Low wing percentile + near-zero RR → complacency; insurance cheap and balanced. Good environment to add cheap downside hedges.
  • Positive RR + elevated wings → call-side fear-of-missing-out; common in squeeze setups. Upside calls expensive, downside puts not bid.
14 DTE / 10d —
— pts EXTREME
ATM — / Wing —
30 DTE / 10d —
— pts EXTREME
ATM — / Wing —

Percentile is the rank of today's reading within ~3 years of this symbol's own history. High percentile = wings are rich relative to history; not a directional signal. Skew is read off the chain in real time, not from CBOE SKEW.

Volatility Surface

Enter a ticker to render the implied volatility surface.

Volatility Smile

Enter a ticker to render the implied volatility smile.

IV Rank (7 DTE)
IV Rank (30 DTE)
Straddle Price (30 DTE)
Beta Analysis

Risk Metrics

Beta: 1.1173
Alpha: -20.99%
Correlation: 0.7365
R-Squared: 54.2%
Stock Volatility: 19.3%
Market Volatility: 12.8%

Analysis Details

Benchmark: SPY
Data Points: 251
Period: 252 trading days
Interpretation:
Above average volatility - stock moves with market amplification
Beta & Alpha Over Time

FMKT Institutional Ownership (13F)

Latest filings — 2026-06-30

Institutional managers with $100M+ AUM file Form 13F-HR quarterly, due 45 days after quarter end. Holdings are reported gross at quarter-end market value — they are a snapshot, not a real-time position.

  • Shares — long equity positions in this name, aggregated across share classes.
  • Calls / Puts — notional value of long call / put exposure where this ticker is the underlying.
  • % of Float — holder's reported shares divided by the latest diluted shares outstanding. Sums above 100% indicate large custodian / prime broker positions where the same shares are reported by multiple filers.
  • Custodian badge — filers with more than 5,000 holdings are typically broker-dealers / custodians reporting customer-held shares, not active managers.

Each filer is counted once at its latest 13F-HR filing. New filings are ingested on a weekly cadence.

9 filers189,204 shares$4.15M value
# Filer Shares Value % of Total % of Float Period
1 Authentikos Wealth Advisory, LLC 95,829 $2.10M 50.57% — 2026-06-30
2 ZEGA Investments, LLC 32,812 $718.56K 17.32% — 2026-06-30
3 NewEdge Advisors, LLC 29,482 $645.62K 15.56% — 2026-06-30
4 Centric Wealth Management 15,791 $351.98K 8.48% — 2026-06-30
5 GTS SECURITIES LLC 10,842 $237.43K 5.72% — 2026-06-30
6 Main Street Group, LTD 2,261 $49.51K 1.19% — 2026-06-30
7 Bank of Montreal Custodian 1,671 $36.59K 0.88% — 2026-06-30
8 JPMorgan Chase & Co Custodian 496 $10.82K 0.26% — 2026-06-30
9 Steward Partners Investment Advisory, LLC 20 $438 0.01% — 2026-06-30
# Filer Notional Value % of Total Period
# Filer Notional Value % of Total Period
FMKT Constituent Performance

Click any bar to view the full quote for that stock.

FMKT Constituents (47 of 47)
Symbol Name Weight % Price 1 Day 1 Week 1 Month
IBKR Interactive Brokers Group Inc 3.56% $82.25 -3.61%-4.39%-8.43%
PANW Palo Alto Networks Inc 3.32% $354.49 +2.08%-4.26%-9.09%
ORCL Oracle Corp 3.18% $125.34 -2.94%-6.79%-10.18%
CFG Citizens Financial Group Inc 3.00% $65.22 +0.53%+2.83%+0.76%
KEY KeyCorp 2.98% $21.2 +0.83%+6.34%+4.72%
WMB Williams Cos Inc/The 2.86% $70.63 -2.98%+2.04%+0.07%
CSCO Cisco Systems Inc 2.73% $104.86 -2.24%-4.55%-1.98%
PLTR Palantir Technologies Inc 2.68% $195.99 -2.84%-2.25%+1.77%
MSFT Microsoft Corp 2.65% $520.86 -2.27%-3.44%+4.61%
CRCL Circle Internet Group Inc 2.64% $86.61 -3.46%-0.41%-6.87%
ADM Archer-Daniels-Midland Co 2.43% $79.91 +0.69%-3.64%-2.41%
BX Blackstone Inc 2.37% $118.3 +7.97%+8.33%+0.93%
HOOD Robinhood Markets Inc 2.24% $96.58 -5.24%-7.12%-20.06%
PWR Quanta Services Inc 2.21% $551.42 -8.27%-14.14%-14.31%
EME EMCOR Group Inc 2.21% $659.72 -5.64%-9.94%-12.27%
AEP American Electric Power Co Inc 2.15% $130.58 +2.50%+5.06%+11.07%
NXST Nexstar Media Group Inc 2.06% $169.03 +2.55%+2.66%+4.64%
FDX FedEx Corp 2.03% $303.67 +1.82%+2.75%+8.63%
SMR NuScale Power Corp 2.02% $5.36 -2.55%-12.85%-36.72%
HLNE Hamilton Lane Inc 1.96% $85.32 +3.47%+2.18%-0.02%
COIN Coinbase Global Inc 1.95% $169.04 -4.54%-8.04%-15.14%
APO Apollo Global Management Inc 1.94% $114.62 +2.62%+2.46%-5.03%
NOC Northrop Grumman Corp 1.92% $552.67 +2.48%+10.62%+8.58%
CTRE CareTrust REIT Inc 1.92% $36.66 +2.82%+0.18%-1.78%
HWM Howmet Aerospace Inc 1.92% $193.38 -7.10%-11.98%-15.69%
FIX Comfort Systems USA Inc 1.90% $1273.42 -9.12%-14.03%-22.51%
BIIB Biogen Inc 1.85% $253.8 +5.32%+7.84%+12.12%
UEC Uranium Energy Corp 1.81% $7.45 -5.70%-8.81%-21.33%
TSN Tyson Foods Inc 1.81% $57.03 +2.03%+5.54%+11.53%
DUK Duke Energy Corp 1.80% $125.38 +3.90%+5.47%+10.73%
ACHR Archer Aviation Inc 1.70% $3.81 -1.68%-10.89%-33.36%
INTC Intel Corp 1.68% $85.47 -8.05%-10.38%-32.90%
CME CME Group Inc 1.68% $305.96 +3.44%+5.70%+13.78%
TYL Tyler Technologies Inc 1.51% $392.67 +4.50%+7.99%+20.14%
EVRG Evergy Inc 1.47% $84.93 +2.14%+4.12%+9.36%
PNC PNC Financial Services Group I 1.44% $225.41 +1.13%+4.87%+0.93%
WELL Welltower Inc 1.43% $237.59 +1.45%+1.26%+1.71%
USB US Bancorp 1.43% $59.97 +1.55%+4.49%+2.68%
BWXT BWX Technologies Inc 1.42% $127.19 -5.86%-7.29%-8.28%
BTU Peabody Energy Corp 1.42% $22.39 -0.22%-6.78%-12.81%
STEP StepStone Group Inc 1.39% $43.45 +2.43%+1.73%-0.23%
HII Huntington Ingalls Industries 1.38% $279.5 +2.03%+4.60%+5.08%
ENSG Ensign Group Inc/The 1.26% $178.53 +2.99%+0.24%+3.03%
BKR Baker Hughes Co 0.98% $53.55 -4.38%-1.57%-6.54%
DE Deere & Co 0.92% $643.15 +1.04%-1.16%-7.45%
EXC Exelon Corp 0.66% $44.83 +4.12%+5.52%+11.50%
TLRY Tilray Brands Inc 0.65% $2.92 +0.17%-8.88%-28.13%