The Free Markets ETF (FMKT) belongs to the Large Cap Blend Equities category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with FMKT. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to FMKT
FMKT charges 0.76% annually. There are 216 ETFs in the Large Cap Blend Equities category with lower expense ratios, going as low as 0.02%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| JPMorgan BetaBuilders U.S. Equity ETF | 0.02% | 8.89B | Mar 2019 | FMKT vs BBUS | |
| Global X U.S. 500 ETF | 0.02% | 4.50M | Sep 2025 | FMKT vs GXLC | |
| Franklin U.S. Equity Index ETF | 0.03% | 2.00B | Jun 2016 | FMKT vs USPX | |
| Schwab 1000 Index ETF | 0.03% | 5.72B | Oct 2017 | FMKT vs SCHK | |
| Schwab U.S. Large-Cap ETF | 0.03% | 71.82B | Nov 2009 | FMKT vs SCHX |
Best Risk-Adjusted Alternatives to FMKT
FMKT has a PortfoliosLab risk / return rank of 13. There are 200 ETFs in the Large Cap Blend Equities category with higher risk-adjusted ranks, going as high as 96.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Avantis Inflation Focused Equity ETF | 96 | 12.36M | Sep 2022 | FMKT vs AVIE | |
| Invesco RAFI Strategic US ETF | 96 | 927.09M | Sep 2018 | FMKT vs IUS | |
| ARS Focused Opportunities Strategy ETF | 94 | 293.98M | Jun 2025 | FMKT vs AFOS | |
| PIMCO RAFI ESG U.S. ETF | 93 | 160.47M | Dec 2019 | FMKT vs RAFE | |
| Essential 40 Stock ETF | 93 | 180.66M | Jun 2014 | FMKT vs ESN |
Top Performing FMKT Alternatives (YTD)
FMKT is at 0.86% YTD. There are 223 ETFs in the Large Cap Blend Equities category with higher YTD returns, going as high as 33.68%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Aztlan North America Nearshoring Stock Selection E... | 33.68% | 33.11M | Nov 2023 | FMKT vs NRSH | |
| Return Stacked US Stocks & Futures Yield ETF | 29.79% | — | May 2024 | FMKT vs RSSY | |
| ARS Focused Opportunities Strategy ETF | 27.82% | 293.98M | Jun 2025 | FMKT vs AFOS | |
| Mohr Company Nav ETF | 24.51% | — | Sep 2024 | FMKT vs CNAV | |
| First Trust Bloomberg Inflation Sensitive Equity E... | 24.04% | 5.62M | Mar 2023 | FMKT vs FTIF |
Lowest Volatility Alternatives to FMKT
FMKT has 19.64% 1-year volatility. There are 226 ETFs in the Large Cap Blend Equities category with lower 1-year volatility, going as low as 7.57%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Azoria 500 Meritocracy ETF | 7.57% | — | Jul 2025 | FMKT vs SPXM | |
| 6 Meridian Mega Cap Equity ETF | 9.05% | 402.23M | May 2020 | FMKT vs SIXA | |
| Liberty One Spectrum ETF | 9.38% | 65.78M | Sep 2025 | FMKT vs SPCT | |
| ALPS Equal Sector Weight ETF | 9.50% | 744.97M | Jul 2009 | FMKT vs EQL | |
| T. Rowe Price Dividend Growth ETF | 9.74% | 1.42B | Aug 2020 | FMKT vs TDVG |
Lowest Drawdown Alternatives to FMKT
FMKT has a 1-year max drawdown of -17.79%. There are 197 ETFs in the Large Cap Blend Equities category with shallower 1-year drawdowns, going as shallow as -4.97%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Avantis Inflation Focused Equity ETF | -4.97% | 12.36M | Sep 2022 | FMKT vs AVIE | |
| Azoria 500 Meritocracy ETF | -5.08% | — | Jul 2025 | FMKT vs SPXM | |
| 6 Meridian Mega Cap Equity ETF | -5.59% | 402.23M | May 2020 | FMKT vs SIXA | |
| Invesco RAFI Strategic US ETF | -6.15% | 927.09M | Sep 2018 | FMKT vs IUS | |
| ALPS Equal Sector Weight ETF | -6.19% | 744.97M | Jul 2009 | FMKT vs EQL |
Often Compared With FMKT
Investors most often compare FMKT with BUFX, VTI, FMAY. These 20 comparison targets span 8 categories, based on PortfoliosLab usage data.
Compare FMKT with Any Fund or Stock
Compare FMKT with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair FMKT with funds that move differently
The Free Markets ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to FMKT.
Explore FMKT Diversifiers