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 210 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% | 8.54B | Mar 2019 | FMKT vs BBUS | |
| Global X U.S. 500 ETF | 0.02% | 4.51M | Sep 2025 | FMKT vs GXLC | |
| iShares Core S&P Total U.S. Stock Market ETF | 0.03% | 93.53B | Jan 2004 | FMKT vs ITOT | |
| Franklin U.S. Equity Index ETF | 0.03% | 1.98B | Jun 2016 | FMKT vs USPX | |
| SPDR Portfolio S&P 1500 Composite Stock Market ETF | 0.03% | 13.55B | Oct 2000 | FMKT vs SPTM |
Best Risk-Adjusted Alternatives to FMKT
FMKT has a PortfoliosLab risk / return rank of 16. There are 198 ETFs in the Large Cap Blend Equities category with higher risk-adjusted ranks, going as high as 90.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Invesco RAFI Strategic US ETF | 90 | 1.04B | Sep 2018 | FMKT vs IUS | |
| Return Stacked US Stocks & Futures Yield ETF | 90 | — | May 2024 | FMKT vs RSSY | |
| Mohr Company Nav ETF | 84 | — | Sep 2024 | FMKT vs CNAV | |
| Longview Advantage ETF | 84 | 562.31M | Feb 2025 | FMKT vs EBI | |
| Pacer Swan SOS Conservative (December) ETF | 84 | 46.99M | Dec 2020 | FMKT vs PSCX |
Top Performing FMKT Alternatives (YTD)
FMKT is at 1.47% YTD. There are 222 ETFs in the Large Cap Blend Equities category with higher YTD returns, going as high as 46.16%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Mohr Company Nav ETF | 46.16% | — | Sep 2024 | FMKT vs CNAV | |
| Aztlan North America Nearshoring Stock Selection E... | 43.75% | 33.11M | Nov 2023 | FMKT vs NRSH | |
| iShares MSCI USA Momentum Factor ETF | 32.00% | 28.16B | Apr 2013 | FMKT vs MTUM | |
| ARS Focused Opportunities Strategy ETF | 31.60% | 293.98M | Jun 2025 | FMKT vs AFOS | |
| Return Stacked US Stocks & Futures Yield ETF | 29.90% | — | May 2024 | FMKT vs RSSY |
Lowest Volatility Alternatives to FMKT
FMKT has 19.76% 1-year volatility. There are 236 ETFs in the Large Cap Blend Equities category with lower 1-year volatility, going as low as 2.38%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| FT Vest Laddered Max Buffer ETF | 2.38% | — | Jun 2025 | FMKT vs BUFH | |
| FT Vest Laddered Enhance & Moderate Buffer ETF | 4.05% | — | Jun 2025 | FMKT vs BUFX | |
| FT Cboe Vest U.S. Equity Deep Buffer ETF - June | 4.51% | 457.76M | Jun 2020 | FMKT vs DJUN | |
| Innovator U.S. Equity Ultra Buffer ETF - June | 4.60% | 171.95M | Jun 2019 | FMKT vs UJUN | |
| FT Cboe Vest U.S. Equity Deep Buffer ETF - May | 5.09% | 369.81M | May 2020 | FMKT vs DMAY |
Lowest Drawdown Alternatives to FMKT
FMKT has a 1-year max drawdown of -17.79%. There are 212 ETFs in the Large Cap Blend Equities category with shallower 1-year drawdowns, going as shallow as -2.84%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Innovator U.S. Equity Ultra Buffer ETF - June | -2.84% | 171.95M | Jun 2019 | FMKT vs UJUN | |
| FT Cboe Vest U.S. Equity Deep Buffer ETF - June | -3.15% | 457.76M | Jun 2020 | FMKT vs DJUN | |
| FT Cboe Vest U.S. Equity Deep Buffer ETF - May | -3.36% | 369.81M | May 2020 | FMKT vs DMAY | |
| Bridges Capital Tactical ETF | -4.03% | 42.09M | May 2023 | FMKT vs BDGS | |
| FT Cboe Vest U.S. Equity Buffer ETF - June | -4.13% | 1.89B | Jun 2020 | FMKT vs FJUN |
Often Compared With FMKT
Investors most often compare FMKT with FMAY, VTI, BLCR. 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