FRDMFreedom 100 Emerging Market ETF
FRDM Fund Description
FDRM tracks an index that selects and weights exposure to emerging market equities based on personal and economic freedom metrics.
FRDM Factset Analytics Insight
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 terrorism, 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.
FRDM MSCI ESG Analytics Insight
Freedom 100 Emerging Market ETF has an MSCI ESG Fund Rating of BBB based on a score of 5.60 out of 10. The MSCI ESG Fund Rating measures the resiliency of portfolios to long-term risks and opportunities arising from environmental, social, and governance factors. ESG Fund Ratings range from best (AAA) to worst (CCC). Highly rated funds consist of companies that tend to show strong and/or improving management of financially relevant environmental, social and governance issues. These companies may be more resilient to disruptions arising from ESG events.
The fund’s Peer Rank reflects the ranking of a fund’s MSCI ESG Fund Quality Score against the scores of other funds within the same peer group, as defined by the Thomson Reuters Lipper Global Classification. Freedom 100 Emerging Market ETF ranks in the 36th percentile within its peer group and in the 55th percentile within the global universe of all funds covered by MSCI ESG Fund Ratings.
FRDM MSCI FaCS and Factor Box
MSCI FaCS is a standard method for evaluating and reporting the Factor characteristics of equity portfolios including ETFs. The Factor Box includes 6 Factors that MSCI has identified that historically provided a return premium. On the vertical axis, the Factor Groups, are displayed and the horizontal axis displays the Factor exposure, overweight, underweight or neutral.
FRDM Summary Data
FRDM Portfolio Data
FRDM Index Data
FRDM Portfolio Management
FRDM Tax Exposures
FRDM Fund Structure
FRDM Factset Analytics Block Liquidity
This measurement shows how easy it is to trade a $1 million USD block of FRDM. FRDM is rated a 4 out of 5.
FRDM Sector/Industry Breakdown
FRDM Top 10 Holdings[View All]
FRDM Economic Development
FRDM Performance Statistics
FRDM MSCI ESG Ratings
FRDM Benchmark Comparison Summary
FRDM Benchmark Comparison Market Cap Size