Freedom 100 Emerging Markets ETFFreedom 100 Emerging Markets ETFFreedom 100 Emerging Markets ETF

Freedom 100 Emerging Markets ETF

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Key stats


Assets under management (AUM)
‪1.09 B‬USD
Fund flows (1Y)
‪175.00 M‬USD
Dividend yield (indicated)
2.79%
Discount/Premium to NAV
0.6%
Shares outstanding
‪28.55 M‬
Expense ratio
0.49%

About Freedom 100 Emerging Markets ETF


Issuer
Empirical Finance LLC
Brand
Freedom
Inception date
May 23, 2019
Structure
Open-Ended Fund
Index tracked
Life + Liberty Freedom 100 Emerging Markets Index
Management style
Passive
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 women’s 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


Asset Class
Equity
Category
Size and style
Focus
Total market
Niche
Broad-based
Strategy
ESG
Geography
Emerging Markets
Weighting scheme
Tiered
Selection criteria
Principles-based
What's in the fund
Exposure type
StocksBonds, Cash & Other
Finance
Electronic Technology
Retail Trade
Stock breakdown by region
28%2%14%6%49%
Top 10 holdings
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.

Broaden your horizons with more funds linked to FRDM via country, focus, and more.

Frequently Asked Questions


An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.
FRDM trades at 38.39 USD today, its price has fallen −0.23% in the past 24 hours. Track more dynamics on FRDM price chart.
FRDM net asset value is 38.32 today — it's risen 6.82% over the past month. NAV represents the total value of the fund's assets less liabilities and serves as a gauge of the fund's performance.
FRDM assets under management is ‪1.09 B‬ USD. AUM is an important metric as it reflects the fund's size and can serve as a gauge of how successful the fund is in attracting investors, which, in its turn, can influence decision-making.
FRDM price has risen by 5.90% over the last month, and its yearly performance shows a 9.16% increase. See more dynamics on FRDM price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 6.82% over the last month, showed a 10.33% increase in three-month performance and has increased by 11.36% in a year.
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.
Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.
FRDM invests in stocks. See more details in our Analysis section.
FRDM expense ratio is 0.49%. It's an important metric for helping traders understand the fund's operating costs relative to assets and how expensive it would be to hold the fund.
No, FRDM isn't leveraged, meaning it doesn't use borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.
In some ways, ETFs are safe investments, but in a broader sense, they're not safer than any other asset, so it's crucial to analyze a fund before investing. But if your research gives a vague answer, you can always refer to technical analysis.
Today, FRDM technical analysis shows the buy rating and its 1-week rating is buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating FRDM shows the strong buy signal. See more of FRDM technicals for a more comprehensive analysis.
Yes, FRDM pays dividends to its holders with the dividend yield of 2.79%.
FRDM trades at a premium (0.41%).
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
FRDM shares are issued by Empirical Finance LLC
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.
The fund started trading on May 23, 2019.
The fund's management style is passive, meaning it's aiming to replicate the performance of the underlying index by holding assets in the same proportions as the index. The goal is to match the index's returns.