FM Focus Equity ETF (FMCX) Holdings & Expense Ratio
For informational purposes only. Not financial advice.
FM Focus Equity ETF (FMCX) has a last stored price of $36.42, as of the Oct 5, 2026 trading session. It has a 0.70% expense ratio and $105M in assets under management.
Holdings and weights below are as of Mar 15, 2026. In the stored portfolio snapshot, the largest listed holding is Microsoft Corp (MSFT) at 6.79%, and the largest sector allocation is Technology at 31.2%.
FM Focus Equity ETF (FMCX) ETF — Price, Holdings & Analysis
ETF Overview
Risk Metrics
- Beta: 1.03
Expense Ratio
What does FMCX hold?
This fund data is more than 45 days old; verify current holdings with the issuer.
How Is the Fund Allocated?
| Sector | Weight |
|---|---|
| Technology | 31.2% |
| Industrials | 21.3% |
| Consumer Cyclical | 15.5% |
| Financial Services | 13.6% |
| Healthcare | 9.3% |
| Communication Services | 5.3% |
| Basic Materials | 3.8% |
| Cash & Others | 0.0% |
| Country | Weight |
|---|---|
| United States | 85.7% |
| Other | 4.9% |
| United Kingdom | 3.6% |
| Netherlands | 3.0% |
| Switzerland | 2.7% |
Dividend Yield
- ARK Innovation ETF (ARKK) — 0.75% expense ratio
- State Street SPDR Dow Jones Industrial Average ETF Trust (DIA) — 0.16% expense ratio
- State Street Energy Select Sector SPDR ETF (XLE) — 0.08% expense ratio
- State Street Technology Select Sector SPDR ETF (XLK) — 0.08% expense ratio
- Invesco QQQ Trust, Series 1 (QQQ) — 0.18% expense ratio
- WisdomTree Emerging Markets ESG Fund (DVEM) — 0.32% expense ratio
- Goldman Sachs ActiveBeta Emerging Markets Equity ETF (GEM) — 0.59% expense ratio
- iShares MSCI EAFE ETF (EFA) — 0.32% expense ratio
- Brookstone Intermediate Bond ETF (BAMB) (Fixed Income) — 1.04% expense ratio
- Inspire Global Hope ETF (BLES) (Equity) — 0.56% expense ratio
- Brookstone Dividend Stock ETF (BAMD) (Equity) — 0.95% expense ratio
- Inspire 100 ETF (BIBL) (Equity) — 0.41% expense ratio
- Brookstone Value Stock ETF (BAMV) (Equity) — 0.95% expense ratio
Questions & Answers
What is FMCX and what does it track?
The FM Focus Equity ETF (FMCX) is an actively managed fund by Inspire that invests in approximately 25-30 U.S. exchange-traded common stocks. Unlike passively managed ETFs that track an index, FMCX's investment decisions are actively made by the fund's adviser.
What is the expense ratio for FMCX?
The expense ratio for FMCX is 0.70%. This means that for every $10,000 invested, $70 is used to cover the fund's operating expenses annually.
While this provides for active management, the expense ratio is higher than some passively managed equity ETFs, which can have expense ratios as low as 0.03%.
What are the top holdings in FMCX?
The top holdings in FMCX include Microsoft Corp (MSFT) at 6.79%, GE Aerospace (GE) at 5.53%, KKR & Co Inc Ordinary Shares (KKR) at 5.42%, Goldman Sachs FS Government Instl (FGTXX) at 5.04%, and Berkshire Hathaway Inc Class A (BRK.A)…
at 4.82%. These holdings represent a significant portion of the fund's portfolio, reflecting its concentrated investment strategy.
Is FMCX a good long-term investment?
Whether FMCX is a suitable long-term investment depends on an investor's individual risk tolerance and investment goals. The fund's concentrated strategy and higher expense ratio of 0.70% may not be ideal for all investors.
Its focus on a limited number of holdings can lead to higher volatility compared to more diversified ETFs.
How does FMCX compare to similar ETFs?
FMCX differentiates itself through its actively managed, concentrated approach, focusing on a smaller number of holdings compared to many equity ETFs. While many ETFs aim for broad diversification, FMCX deliberately takes concentrated positions.
Its expense ratio of 0.70% is higher than many passively managed broad market ETFs but may be competitive with other actively managed funds employing a similar strategy.
Does FMCX pay dividends?
According to the latest data, FMCX has a dividend yield of 0.00%. This indicates that the fund does not currently distribute dividends to its shareholders. Investors seeking income-generating investments may want to consider other ETFs with a higher dividend yield.
The fund's focus is primarily on capital appreciation through stock selection, rather than generating income through dividends. Therefore, FMCX may be more suitable for investors prioritizing growth over income.
Disclaimer: This content is for informational purposes only and does not constitute investment advice. Always do your own research and consult a financial advisor.
Data provided for informational purposes only.
Written by machine, not reviewed page by page. Editorial oversight is systemic: the rules and the sources are checked, individual pages are not.