Freedom 100 Emerging Markets ETF (FRDM)
For informational purposes only. Not financial advice. Analysis by Sedat ANAK, Founder & Editor-in-Chief | AI-powered analysis. Data sourced from SEC filings and institutional-grade financial providers. Editorially reviewed. Not financial advice.
Freedom 100 Emerging Markets ETF (FRDM) trades at $68.98 with AI Score 47/100 (Grade C). Freedom 100 Emerging Markets ETF (FRDM) aims to replicate the performance of approximately 100 emerging market equity securities. Market cap: $2.18B, Sector: Financial services.
Last analyzed: Mar 16, 2026Analyst Coverage for FRDM: FRDM does not currently have published analyst price targets in our coverage universe. This is common for smaller-cap names with limited Wall Street coverage. In the absence of analyst consensus, our AI model evaluates FRDM against Financial Services peers across nine fundamental dimensions and assigns an underweight signal based on the underlying data.
FRDM: 1/2 perspectives are bullish. Dominant signal: Ray Dalio bullish.
Freedom 100 Emerging Markets ETF (FRDM) Financial Services Profile
Freedom 100 Emerging Markets ETF (FRDM) is a non-diversified fund seeking to mirror the performance of around 100 emerging market equities. It distinguishes itself by focusing on countries with greater economic freedom, offering investors exposure to emerging markets through a specific governance lens within the asset management sector.
What Is the Investment Thesis for FRDM?
FRDM presents an investment thesis centered on exposure to emerging markets with a focus on economic freedom. The fund's strategy of tracking an index of approximately 100 emerging market equities offers investors a way to participate in the growth potential of these economies. A key value driver is the fund's emphasis on economic freedom, which may lead to better long-term performance compared to broader emerging market indices. However, the fund's non-diversified nature introduces concentration risk, as the performance of a smaller number of holdings can significantly impact overall returns. As of 2026, with a market cap of $1.73 billion and a beta of 0.89, FRDM offers a specific risk-return profile within the emerging market investment landscape.
Based on FMP financials and quantitative analysis
FRDM Key Highlights
- FRDM's investment strategy focuses on emerging markets with an emphasis on economic freedom.
- The fund is non-diversified, potentially leading to higher volatility and concentration risk.
- FRDM's market capitalization stands at $1.73 billion as of March 16, 2026.
- The fund's beta is 0.89, indicating slightly lower volatility compared to the overall market.
- FRDM does not offer a dividend yield, focusing instead on capital appreciation.
Who Are FRDM's Competitors?
Who Are FRDM's Competitors?
FRDM is benchmarked below against 8 industry peers on price, market cap, and our AI MoonshotScore.
| Company | Price | Change | Market Cap | AI Score |
|---|---|---|---|---|
| DGS WisdomTree Emerging Markets SmallCap Dividend Fund | $63.45 | +0.75% | $1.78B | 47 |
| DTD WisdomTree U.S. Total Dividend Fund | $92.25 | +0.02% | $1.60B | 47 |
| EEMA iShares MSCI Emerging Markets Asia ETF | $113.34 | -0.04% | $2.23B | 47 |
| EWP iShares MSCI Spain ETF | $56.77 | +0.19% | $1.69B | 47 |
| GEM Goldman Sachs ActiveBeta Emerging Markets Equity ETF | $49.66 | -0.54% | $1.63B | 47 |
| SII Sprott Inc. | $131.01 | +3.20% | $3.38B | 71 |
| TPZ Tortoise Electrification Infrastructure ETF | $21.67 | +0.00% | $127.64M | 70 |
| IDKFF ThreeD Capital Inc. | $0.08 | +0.00% | $5.72M | 70 |
AI Score by Stock Expert AI · Price data: FMP / Yahoo Finance
What Are FRDM's Key Strengths?
- Focus on economic freedom aligns with ESG investing trends.
- Established track record of tracking its index.
- Provides targeted exposure to emerging markets.
- Relatively low beta compared to the overall market.
What Are FRDM's Weaknesses?
- Non-diversified nature increases concentration risk.
- No dividend yield may deter some investors.
- Performance is highly dependent on the performance of emerging market economies.
- May be more volatile than diversified emerging market ETFs.
What Could Drive FRDM Stock Higher?
- Continued growth of emerging market economies.
- Increasing adoption of ESG investing.
- Potential inclusion in additional ESG-focused indices.
- Launch of new investment products focused on specific emerging market sectors.
What Are the Key Risks for FRDM?
- Geopolitical instability in emerging market countries.
- Currency fluctuations impacting returns.
- Economic slowdowns in emerging markets.
- Concentration risk due to non-diversified nature.
- Competition from other emerging market ETFs.
What Are the Growth Opportunities for FRDM?
- Increased adoption of ESG investing: As environmental, social, and governance (ESG) factors gain prominence, FRDM's focus on economic freedom may attract investors seeking socially responsible investments. The market for ESG investing is projected to reach trillions of dollars in the coming years, presenting a significant growth opportunity for FRDM. By highlighting the link between economic freedom and positive social outcomes, FRDM can position itself as a compelling choice for ESG-conscious investors. This trend is ongoing and expected to accelerate in the next 3-5 years.
- Expansion of emerging market economies: The continued growth of emerging market economies presents a fundamental growth opportunity for FRDM. As these economies develop and mature, their equity markets are likely to expand, creating more investment opportunities for the fund. The IMF projects that emerging markets will continue to outpace developed markets in terms of economic growth, offering FRDM a favorable macroeconomic backdrop. This growth is ongoing and expected to continue over the next decade.
- Rising demand for targeted investment strategies: Investors are increasingly seeking targeted investment strategies that align with their specific beliefs and values. FRDM's focus on economic freedom caters to this demand, offering investors a way to express their views through their investment choices. The market for thematic ETFs is growing rapidly, indicating a strong appetite for specialized investment products. FRDM can capitalize on this trend by further emphasizing its unique investment philosophy. This trend is ongoing and expected to persist in the near future.
- Strategic partnerships with financial advisors: Collaborating with financial advisors can significantly expand FRDM's reach and distribution. By educating advisors about the fund's unique investment strategy and potential benefits, FRDM can gain access to a wider pool of investors. Financial advisors play a crucial role in guiding investment decisions, making them valuable partners for FRDM. This strategy can be implemented in the next 1-2 years.
- Development of new investment products: FRDM can leverage its expertise in emerging markets and economic freedom to develop new investment products that cater to specific investor needs. This could include ETFs focused on specific regions or sectors within emerging markets, or funds that incorporate additional ESG factors. By expanding its product line, FRDM can attract a broader range of investors and increase its assets under management. This is a longer-term opportunity that can be pursued over the next 3-5 years.
What Opportunities Does FRDM Have?
- Increased adoption of ESG investing.
- Expansion of emerging market economies.
- Rising demand for targeted investment strategies.
- Strategic partnerships with financial advisors.
What Threats Does FRDM Face?
- Geopolitical risks in emerging market countries.
- Currency fluctuations can impact returns.
- Economic downturns in emerging markets.
- Increased competition from other emerging market ETFs.
What Are FRDM's Competitive Advantages?
- Focus on economic freedom differentiates it from other emerging market ETFs.
- Established track record of tracking its index.
- Brand recognition within the socially responsible investing space.
What Does FRDM Do?
Freedom 100 Emerging Markets ETF (FRDM) is an exchange-traded fund designed to track the performance of approximately 100 equity securities in emerging market countries. The fund operates under the principle of investing, under normal circumstances, at least 80% of its total assets in the component securities of the index it follows or in depositary receipts representing these securities. FRDM is non-diversified, meaning it invests a larger portion of its assets in fewer companies than a diversified fund. This approach can lead to more significant gains or losses depending on the performance of those specific holdings. The fund's investment strategy centers on mirroring the returns of an index focused on emerging markets, providing investors with exposure to the growth potential of these economies. The ETF's holdings are selected based on specific criteria related to economic freedom, aiming to capture the performance of companies operating in environments that foster greater economic opportunity and less government intervention. This focus differentiates FRDM from other emerging market ETFs that may not prioritize economic freedom as a key factor in their investment decisions. As of 2026, FRDM continues to offer investors a targeted approach to emerging market investing, emphasizing the importance of economic freedom in driving long-term growth and returns.
What Products and Services Does FRDM Offer?
- Invests in approximately 100 equity securities in emerging market countries.
- Tracks the performance of an index focused on economic freedom.
- Allocates at least 80% of its assets to component securities of the index.
- Offers investors exposure to the growth potential of emerging economies.
- Prioritizes companies operating in environments with greater economic freedom.
- Provides a non-diversified investment approach.
How Does FRDM Make Money?
- Generates revenue through management fees charged to investors.
- Aims to replicate the performance of its tracked index.
- Attracts investors seeking exposure to emerging markets with a focus on economic freedom.
What Industry Does FRDM Operate In?
FRDM operates within the asset management industry, specifically focusing on exchange-traded funds (ETFs) that target emerging markets. The ETF market has seen substantial growth, with investors increasingly seeking targeted exposure to specific geographies and investment themes. The competitive landscape includes a variety of emerging market ETFs, each with its own investment strategy and risk profile. FRDM differentiates itself by focusing on economic freedom as a key selection criterion, appealing to investors who believe that countries with greater economic freedom will experience stronger growth. Competing ETFs like DGS, DTD, EEMA, EWP, and GEM offer broader or different approaches to emerging market investing.
Who Are FRDM's Key Customers?
- Individual investors seeking emerging market exposure.
- Institutional investors looking for targeted investment strategies.
- Financial advisors seeking to diversify client portfolios.
FRDM Financials
FRDM Latest News
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The Ex-China Files: ETFs to Watch Amid Trump’s High-Stakes Visit
etftrends.com · May 13, 2026
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FRDM Is A Strategy On EMs That Almost Doubles The Return
seekingalpha.com · May 8, 2026
FRDM Analyst Consensus
Consensus Rating
Aggregated Buy/Hold/Sell recommendations from Benzinga, Yahoo Finance, and Finnhub for FRDM.
Price Targets
Wall Street price target analysis for FRDM.
FRDM MoonshotScore
What does this score mean?
The MoonshotScore rates FRDM's growth potential on a scale of 0-100 across multiple factors including innovation, market disruption, financial health, and momentum.
Who Are FRDM's Competitors?
Freedom 100 Emerging Markets ETF Financial Services Stock: Key Questions Answered
What does Freedom 100 Emerging Markets ETF do?
Freedom 100 Emerging Markets ETF (FRDM) is designed to track the performance of approximately 100 equity securities in emerging market countries, emphasizing those with greater economic freedom. The fund invests at least 80% of its total assets in the component securities of the tracked index, offering investors targeted exposure to emerging markets through a specific governance lens. FRDM's investment strategy focuses on mirroring the returns of an index focused on emerging markets, providing investors with exposure to the growth potential of these economies while prioritizing economic freedom as a key factor in investment decisions.
What do analysts say about FRDM stock?
AI analysis is pending for FRDM. Generally, analysts covering ETFs focus on factors such as expense ratios, tracking error, and the underlying index methodology. The fund's emphasis on economic freedom may be viewed positively by investors seeking socially responsible investments. However, the non-diversified nature of the fund introduces concentration risk, which analysts may highlight as a potential concern. Investors should conduct their own due diligence and consider their individual risk tolerance before investing in FRDM.
What are the main risks for FRDM?
The main risks for FRDM include geopolitical instability in emerging market countries, currency fluctuations impacting returns, and economic slowdowns in emerging markets. The fund's non-diversified nature also introduces concentration risk, as the performance of a smaller number of holdings can significantly impact overall returns. Additionally, FRDM faces competition from other emerging market ETFs, which may offer broader diversification or lower expense ratios. Investors should carefully consider these risks before investing in FRDM.
How does FRDM select its investments based on economic freedom?
FRDM's investment strategy centers around tracking an index that specifically focuses on emerging market countries with greater economic freedom. The fund's underlying index uses objective metrics and data to assess the level of economic freedom in each country, considering factors such as property rights, government size, regulatory efficiency, and open markets. By prioritizing these factors, FRDM aims to invest in companies operating in environments that foster greater economic opportunity and less government intervention, differentiating it from other emerging market ETFs that may not prioritize economic freedom as a key factor in their investment decisions.
How does Freedom 100 Emerging Markets ETF make money in financial services?
Freedom 100 Emerging Markets ETF generates revenue primarily through management fees charged to investors. These fees are calculated as a percentage of the fund's assets under management (AUM). The ETF's profitability is directly linked to its ability to attract and retain investor capital. The fund's expense ratio reflects the annual cost of managing the fund, including management fees, operating expenses, and other costs. FRDM's success depends on its ability to provide competitive returns while maintaining a reasonable expense ratio, attracting investors seeking exposure to emerging markets with a focus on economic freedom.
What are the key factors to evaluate for FRDM?
Freedom 100 Emerging Markets ETF (FRDM) currently holds an AI score of 47/100, indicating low score. Key strength: Focus on economic freedom aligns with ESG investing trends. Primary risk to monitor: Geopolitical instability in emerging market countries. This is not financial advice.
How frequently does FRDM data refresh on this page?
FRDM prices update in real time during U.S. market hours (9:30 AM-4:00 PM ET, weekdays). Fundamentals refresh after quarterly or annual filings. Analyst ratings and AI insights update daily. News is aggregated continuously from financial sources.
What has driven FRDM's recent stock price performance?
Recent price movement in Freedom 100 Emerging Markets ETF (FRDM) can be influenced by earnings results, analyst revisions, sector rotation, and broader market sentiment. Notable catalyst: Focus on economic freedom aligns with ESG investing trends. Check the News and Technical Analysis tabs for the latest drivers. Past performance does not predict future results.
Disclaimer: This content is for informational purposes only and does not constitute investment advice. Always do your own research and consult a financial advisor.
Official Resources
Data provided for informational purposes only.
- AI analysis pending for FRDM, limiting insights.
- Reliance on provided business description and financial data.