ATLASFreedom 100 Emerging Markets ETF (FRDM): outlook, holdings and fees
Freedom 100 Emerging Markets ETF (FRDM) is an exchange-traded fund and is managed by Life + Liberty Investments, LLC. The expense ratio is 0.48% and the yield is 1.66%. The ten largest holdings are 54% of the fund.
Fund data as of Oct 14, 2026 · Price Nov 2, 2026
ATLAS view on FRDM
| Last price | $62.95 (+1.5%) |
|---|---|
| ATLAS chance of a higher price in 1 month | 51% |
| Likely 1-month range (50%) | $60.02 – $66.33 |
| Normal 1-day range (±1σ) | ±1.7% |
| Distribution yield | 1.66% |
ATLAS probabilities use the same calibrated model as every stock page. A fair value is shown for companies, not funds; the holdings below link to the fair value of each company.
FRDM fund facts
| Issuer | Life + Liberty Investments, LLC |
|---|---|
| Theme | Emerging markets |
| Assets under management | $3.6B |
| Expense ratio | 0.48% |
| Number of holdings | 47 |
| Portfolio turnover | 16% |
| Inception | May 22, 2019 |
| Exchange | CBOE |
Under normal circumstances, at least 80% of the fund's total assets (exclusive of collateral held from securities lending) will be invested in the component securities of the index or in depositary receipts representing such component securities. The index is designed to track the performance of a portfolio of approximately 100 equity securities in emerging market countries.
FRDM top holdings
| Holding | Sector | Weight |
|---|---|---|
| Samsung Electronics Co Ltd SSNLF | Technology | 12.17% |
| SK Hynix Inc 000660 | Technology | 9.54% |
| Taiwan Semiconductor Manufacturing TSM | Technology | 8.35% |
| MediaTek Inc 2454 | Technology | 6.54% |
| LATAM Airlines Group S.A LTM | Industrials | 3.34% |
| Bank Polska Kasa Opieki SA PEO | Financial Services | 3.41% |
| Delta Electronics Inc 2308 | Technology | 3.22% |
| Banco de Chile CHILE | Financial Services | 2.60% |
| Hon Hai Precision Industry Co Ltd 2317 | Technology | 2.48% |
| Vale S.A. VALE3 | Basic Materials | 2.47% |
Holdings with an ATLAS page link to their probability range, fair value and earnings calendar.
FRDM sector breakdown
| Sector | Weight |
|---|---|
| Technology | 47.3% |
| Financial Services | 20.9% |
| Industrials | 7.8% |
| Consumer Cyclicals | 6.8% |
| Basic Materials | 5.9% |
| Communication Services | 3.4% |
| Utilities | 2.4% |
| Consumer Defensive | 2.1% |
| Real Estate | 1.8% |
| Healthcare | 1.7% |
By region: Asia Developed 53.5%, Latin America 22.9%, Europe Emerging 10.7%, Asia Emerging 9.2%, Africa/Middle East 3.8%.
FRDM returns and risk
| Year to date | +37.2% |
|---|---|
| 1 year | +54.6% |
| 3 years (annualised) | +37.7% |
| 5 years (annualised) | +18.7% |
| 10 years (annualised) | 0.0% |
| Volatility (3 years) | 21.2% |
| Sharpe ratio (3 years) | 1.36 |
Past returns do not guarantee future results.
FRDM: frequently asked questions
What does FRDM invest in?
Freedom 100 Emerging Markets ETF invests in a portfolio of securities. Its largest holdings are Samsung Electronics Co Ltd (12.2%), SK Hynix Inc (9.5%), Taiwan Semiconductor Manufacturing (8.3%), MediaTek Inc (6.5%), LATAM Airlines Group S.A (3.3%).
What is the FRDM expense ratio?
0.48% a year: about $48.00 for every $10,000 invested.
What is the FRDM dividend yield?
1.66%. ATLAS does not hold the exact distribution dates for ETFs.
Will FRDM go up?
Nobody can know. The ATLAS model puts the chance of a higher price in one month at 51%, with a likely range (50%) of $60.02 to $66.33 from $62.95 today. It is a probability, not a prediction.
How has FRDM performed?
Year to date +37.2%, one year +54.6%, three years +37.7% a year, five years +18.7% a year. Past returns do not guarantee future results.
Similar ETFs: Emerging markets
- iShares Core MSCI Emerging Markets ETF (IEMG)
- Vanguard FTSE Emerging Markets ETF (VWO)
- iShares MSCI Emerging Markets ETF (EEM)
- Avantis Emerging Markets Equity ETF (AVEM)
- SPDR Portfolio Emerging Markets ETF (SPEM)
- Schwab Emerging Markets Equity ETF (SCHE)
- Schwab Fundamental Emerging Markets Equity ETF (FNDE)
- Dimensional Emerging Core Equity Market ETF (DFAE)
Educational information, not investment advice. Disclaimer