Freedom 100 Emerging Markets ETF (FRDM) Fund Overview

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?

FRDM is benchmarked below against 8 industry peers on price, market cap, and our AI MoonshotScore.

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 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 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.

9 transactions · 9 purchases, 0 sales, 0 other transactions · 1 identified insiders · most recent available transactions. Purchases and sales use the reported transaction category. Other transactions include awards, exercises, gifts, withholding and unclassified activity; an acquisition or disposition alone is not a purchase or sale. These records do not establish intent.

FRDM Financials

FRDM Latest News

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FRDM Analyst Consensus

FRDM MoonshotScore

ETFs that hold FRDM

Funds in our ETF coverage that list FRDM among the top 10 holdings on their fund page, largest weight first. Each weight is the fund's reported holding weight as of the date in its row.

Freedom 100 Emerging Markets ETF Financials Stock: Key Questions Answered

Disclaimer: This content is for informational purposes only and does not constitute investment advice. Always do your own research and consult a financial advisor.

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