Key stats
About Freedom 100 Emerging Markets ETF
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Inception date
May 23, 2019
Structure
Open-Ended Fund
Dividend treatment
Distributes
Distribution tax treatment
Qualified dividends
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
Empowered Funds LLC
Distributor
Quasar Distributors LLC
FRDM tracks an index that incorporates third-party quantitative personal and economic freedom metrics as primary factors in its investment process. Emerging market countries that meet minimum market capitalizations are evaluated based on 76 variables including (1) civil freedom metrics covering terrism, trafficking, torture, detainments, disappearances, and womens rights (2) political freedom metrics covering rule of law, due process, freedom of speech, media, assembly, internet, and religion, and (3) economic freedom metrics covering tax rates, access to international trade, business regulations, soundness of monetary policy, and level of government interference in private market activity. Country selection and weights are based on a composite of the above factors. Companies with 20% or more state ownership are excluded. The top 10 largest, most liquid securities in each country, typically 100 securities in the portfolio, are market-cap-weighted within their country weights.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Finance
Electronic Technology
Retail Trade
Stocks99.50%
Finance29.12%
Electronic Technology26.12%
Retail Trade13.87%
Non-Energy Minerals4.84%
Transportation4.45%
Energy Minerals2.84%
Technology Services2.55%
Communications2.36%
Process Industries2.09%
Producer Manufacturing1.70%
Consumer Durables1.64%
Consumer Non-Durables1.52%
Consumer Services1.50%
Health Technology1.49%
Health Services1.37%
Utilities1.14%
Commercial Services0.70%
Industrial Services0.23%
Bonds, Cash & Other0.50%
Cash0.29%
Mutual fund0.21%
Stock breakdown by region
Asia49.13%
Latin America28.89%
Europe13.61%
Africa6.20%
North America2.18%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
FRDM invests in stocks. The fund's major sectors are Finance, with 29.12% stocks, and Electronic Technology, with 26.12% of the basket. The assets are mostly located in the Asia region.
FRDM top holdings are Samsung Electronics Co., Ltd. and Taiwan Semiconductor Manufacturing Co., Ltd. Sponsored ADR, occupying 7.70% and 6.40% of the portfolio correspondingly.
FRDM last dividends amounted to 0.27 USD. The quarter before, the issuer paid 0.21 USD in dividends, which shows a 21.42% increase.
FRDM assets under management is 1.08 B USD. It's risen 9.32% over the last month.
FRDM fund flows account for 175.00 M USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Yes, FRDM pays dividends to its holders with the dividend yield of 2.81%. The last dividend (Apr 1, 2025) amounted to 0.27 USD. The dividends are paid quarterly.
FRDM shares are issued by Empirical Finance LLC under the brand Freedom. The ETF was launched on May 23, 2019, and its management style is Passive.
FRDM expense ratio is 0.49% meaning you'd have to pay 0.49% of your investment to help manage the fund.
FRDM follows the Life + Liberty Freedom 100 Emerging Markets Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
FRDM invests in stocks.
FRDM price has risen by 8.19% over the last month, and its yearly performance shows a 7.34% increase. See more dynamics on FRDM price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 7.31% over the last month, showed a 8.30% increase in three-month performance and has increased by 11.41% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 7.31% over the last month, showed a 8.30% increase in three-month performance and has increased by 11.41% in a year.
FRDM trades at a premium (0.63%) meaning the ETF is trading at a higher price than the calculated NAV.