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 | |
|---|---|---|---|---|---|
| Global X U.S. 500 ETF | 0.02% | 4.56M | Sep 2025 | FMKT vs GXLC | |
| JPMorgan BetaBuilders U.S. Equity ETF | 0.02% | 8.68B | Mar 2019 | FMKT vs BBUS | |
| iShares Core S&P Total U.S. Stock Market ETF | 0.03% | 95.15B | Jan 2004 | FMKT vs ITOT | |
| Vanguard Total Stock Market ETF | 0.03% | 2.30T | May 2001 | FMKT vs VTI | |
| Franklin U.S. Equity Index ETF | 0.03% | 2.01B | Jun 2016 | FMKT vs USPX |
Best Risk-Adjusted Alternatives to FMKT
FMKT has a PortfoliosLab risk / return rank of 15. There are 200 ETFs in the Large Cap Blend Equities category with higher risk-adjusted ranks, going as high as 95.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| ARS Focused Opportunities Strategy ETF | 95 | 293.98M | Jun 2025 | FMKT vs AFOS | |
| Invesco RAFI Strategic US ETF | 94 | 894.46M | Sep 2018 | FMKT vs IUS | |
| Return Stacked US Stocks & Futures Yield ETF | 93 | — | May 2024 | FMKT vs RSSY | |
| Avantis Inflation Focused Equity ETF | 92 | 10.66M | Sep 2022 | FMKT vs AVIE | |
| PIMCO RAFI ESG U.S. ETF | 89 | 160.47M | Dec 2019 | FMKT vs RAFE |
Top Performing FMKT Alternatives (YTD)
FMKT is at 1.44% YTD. There are 226 ETFs in the Large Cap Blend Equities category with higher YTD returns, going as high as 40.20%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Aztlan North America Nearshoring Stock Selection E... | 40.20% | 33.11M | Nov 2023 | FMKT vs NRSH | |
| Mohr Company Nav ETF | 35.88% | — | Sep 2024 | FMKT vs CNAV | |
| Return Stacked US Stocks & Futures Yield ETF | 31.93% | — | May 2024 | FMKT vs RSSY | |
| ARS Focused Opportunities Strategy ETF | 29.03% | 293.98M | Jun 2025 | FMKT vs AFOS | |
| iShares MSCI USA Momentum Factor ETF | 25.95% | 27.36B | Apr 2013 | FMKT vs MTUM |
Lowest Volatility Alternatives to FMKT
FMKT has 19.59% 1-year volatility. There are 231 ETFs in the Large Cap Blend Equities category with lower 1-year volatility, going as low as 6.37%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Bridges Capital Tactical ETF | 6.37% | 42.09M | May 2023 | FMKT vs BDGS | |
| Azoria 500 Meritocracy ETF | 7.68% | — | Jul 2025 | FMKT vs SPXM | |
| iShares MSCI USA Min Vol Factor ETF | 8.48% | 23.36B | Oct 2011 | FMKT vs USMV | |
| 6 Meridian Mega Cap Equity ETF | 8.87% | 402.23M | May 2020 | FMKT vs SIXA | |
| SEI Enhanced Low Volatility US Large Cap ETF | 9.26% | 168.13M | May 2022 | FMKT vs SELV |
Lowest Drawdown Alternatives to FMKT
FMKT has a 1-year max drawdown of -17.79%. There are 204 ETFs in the Large Cap Blend Equities category with shallower 1-year drawdowns, going as shallow as -4.03%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Bridges Capital Tactical ETF | -4.03% | 42.09M | May 2023 | FMKT vs BDGS | |
| Avantis Inflation Focused Equity ETF | -4.97% | 10.66M | 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 | |
| SEI Enhanced Low Volatility US Large Cap ETF | -5.92% | 168.13M | May 2022 | FMKT vs SELV |
Often Compared With FMKT
Investors most often compare FMKT with BUFX, FMAY, DMAY. These 20 comparison targets span 6 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