FMKT vs. IUS
FMKT (The Free Markets ETF) and IUS (Invesco RAFI Strategic US ETF) are both Large Cap Blend Equities funds. FMKT is actively managed, while IUS is passively managed. A 0.61 correlation means they provide meaningful diversification when combined. FMKT charges 0.76%/yr vs 0.19%/yr for IUS.
Performance
FMKT vs. IUS - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, FMKT achieves a 2.65% return, which is significantly lower than IUS's 15.71% return.
FMKT
- 1D
- -2.40%
- 1M
- -0.64%
- YTD
- 2.65%
- 6M
- 0.39%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
IUS
- 1D
- -0.07%
- 1M
- 4.89%
- YTD
- 15.71%
- 6M
- 15.69%
- 1Y
- 33.27%
- 3Y*
- 20.93%
- 5Y*
- 13.61%
- 10Y*
- —
FMKT vs. IUS - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
FMKT The Free Markets ETF | 2.65% | 10.93% |
IUS Invesco RAFI Strategic US ETF | 15.71% | 13.90% |
Correlation
The correlation between FMKT and IUS is 0.61, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Jun 11, 2025 | 0.61 |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
FMKT vs. IUS — Risk / Return Rank
FMKT
IUS
FMKT vs. IUS - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for The Free Markets ETF (FMKT) and Invesco RAFI Strategic US ETF (IUS). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
Loading charts...
Sharpe Ratios by Period
| FMKT | IUS | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | — | 3.26 | — |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | 0.91 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.73 | 0.85 | -0.12 |
Drawdowns
FMKT vs. IUS - Drawdown Comparison
The maximum FMKT drawdown since its inception was -17.79%, smaller than the maximum IUS drawdown of -34.67%. Use the drawdown chart below to compare losses from any high point for FMKT and IUS.
Loading charts...
Drawdown Indicators
| FMKT | IUS | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -17.79% | -34.67% | +16.88% |
Max Drawdown (1Y)Largest decline over 1 year | — | -6.15% | — |
Max Drawdown (3Y)Largest decline over 3 years | — | -15.61% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -18.72% | — |
Current DrawdownCurrent decline from peak | -6.86% | -0.07% | -6.79% |
Average DrawdownAverage peak-to-trough decline | -5.25% | -3.86% | -1.39% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 1.43% | — |
Volatility
FMKT vs. IUS - Volatility Comparison
Loading charts...
Volatility by Period
| FMKT | IUS | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 2.50% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 7.41% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 19.59% | 10.26% | +9.33% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 19.59% | 15.00% | +4.59% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 19.59% | 18.04% | +1.55% |
FMKT vs. IUS - Expense Ratio Comparison
FMKT has a 0.76% expense ratio, which is higher than IUS's 0.19% expense ratio.
Dividends
FMKT vs. IUS - Dividend Comparison
FMKT's dividend yield for the trailing twelve months is around 2.10%, more than IUS's 1.28% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|---|
FMKT The Free Markets ETF | 2.10% | 2.15% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
IUS Invesco RAFI Strategic US ETF | 1.28% | 1.48% | 1.52% | 1.72% | 1.78% | 1.46% | 1.74% | 1.77% | 0.73% |
Frequently Asked Questions
FMKT and IUS have a correlation of 0.61, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, IUS is cheaper at 0.19% per year. The better choice depends on whether you care most about return, fees, risk, or income.
IUS is cheaper with a 0.19% expense ratio, compared with 0.76% for FMKT.
FMKT has the higher dividend yield at 2.10%, compared with 1.28% for IUS.
Their fees differ too: 0.76% for FMKT and 0.19% for IUS.
Find the right allocation for FMKT and IUS
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer