Key stats
About FM Focus Equity ETF
Home page
Inception date
Apr 25, 2022
Structure
Open-Ended Fund
Replication method
Physical
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
First Manhattan Co. LLC
Distributor
Northern Lights Distributors LLC
ISIN
US66538H2114
FMCX is designed to provide exposure to the broad US equity market while focusing on high-quality companies it believes possess durable competitive advantages, earn higher-than-average returns on capital, manage with strong governance practices, and exhibit opportunities for cash flow regeneration. The adviser utilizes fundamentals-based, intensive research for stock selection while emphasizing favorable business and earnings quality, as well as expectations for long-term growth. The fund holds around 25-30 securities and imposes a 10% individual capping at acquisition. FMCX is a non-transparent ETF and does not provide daily disclosure of its portfolio holdings, unlike other ETFs. As such, there is a risk that shares may trade at wider spreads, especially during periods of volatility. The fund instead provides a verified intraday indicative value throughout the day. Before June 28, 2024, the fund was named FMC Excelsior Focus Equity ETF.
Related funds
Classification
What's in the fund
Exposure type
Technology Services
Electronic Technology
Finance
Mutual fund
Stock breakdown by region
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.
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.
FMCX trades at 34.50 USD today, its price has risen 0.26% in the past 24 hours. Track more dynamics on FMCX price chart.
FMCX net asset value is 34.47 today — it's fallen 1.96% 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.
FMCX assets under management is 109.19 M 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.
FMCX price has risen by 0.37% over the last month, and its yearly performance shows a 6.37% increase. See more dynamics on FMCX price chart.
NAV returns, another gauge of an ETF dynamics, have risen by −1.96% over the last month, have fallen by −1.96% over the last month, showed a 2.53% increase in three-month performance and has increased by 9.28% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by −1.96% over the last month, have fallen by −1.96% over the last month, showed a 2.53% increase in three-month performance and has increased by 9.28% in a year.
FMCX fund flows account for −189.85 K 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.
FMCX invests in stocks. See more details in our Analysis section.
FMCX expense ratio is 0.71%. 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, FMCX 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, FMCX technical analysis shows the sell 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 FMCX shows the buy signal. See more of FMCX technicals for a more comprehensive analysis.
Today, FMCX technical analysis shows the sell 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 FMCX shows the buy signal. See more of FMCX technicals for a more comprehensive analysis.
Yes, FMCX pays dividends to its holders with the dividend yield of 0.26%.
FMCX trades at a premium (0.08%).
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.
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.
FMCX shares are issued by FMC Group Holdings LP
FMCX follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on Apr 25, 2022.
The fund's management style is active, aiming to outperform its benchmark index by actively selecting and adjusting assets. The goal is to achieve returns that exceed those of the index the fund tracks.