Morningstar

FM Focus Equity ETF FMCX

Morningstar Medalist Rating
Medalist Rating as of | See First Manhattan Investment Hub

Morningstar’s Analysis FMCX

Will FMCX outperform in the future?

Get our overall rating based on a fundamental assessment of the pillars below.

  • Process Pillar

    The Process Pillar is our assessment of how sensible, clearly defined, and repeatable FMCX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the FMCX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

  • Parent Pillar

    The Parent Pillar is our rating of FMCX’s parent organization’s priorities and whether they’re in line with investors’ interests.

null Morningstar Automated Analysis

Morningstar Automated Analysis

Summary

FM Focus Equity ETF holds a quantitatively derived Negative Morningstar Medalist Rating. The rating indicates the model sees limited potential for the strategy to outperform peers on a risk-adjusted basis over a full market cycle.

by Morningstar Automated Analysis
Rated on Published on

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Portfolio Holdings FMCX

More FMCX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 45.5
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Microsoft Corp

6.79 8M
Technology

GE Aerospace

5.53 6M
Industrials

KKR & Co Inc Ordinary Shares

5.42 6M
Financial Services

Goldman Sachs FS Government Instl

5.04 6M
Cash and Equivalents

Berkshire Hathaway Inc Class A

4.82 5M
Financial Services

O'Reilly Automotive Inc

4.39 5M
Consumer Cyclical

Danaher Corp

4.33 5M
Healthcare

Broadcom Inc

3.64 4M
Technology

Linde PLC

3.64 4M
Basic Materials

Applied Materials Inc

3.53 4M
Technology

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