Freedom 100 Emerging Markets ETF (FRDM) is a emerging-markets ETF. As of October 28, 2026, ETF Copilot scores FRDM 7.3 out of 10 — highest on Return (9.5), lowest on Risk (2.3). It trades at 12.9 times earnings, against its own median of 14.1. Its ten largest holdings are 52% of the fund.
What stands out in FRDM's data
Emerging-market stocks weighted by a country's freedom score.
Trades at a discount to its own history and to the broader EM market — a cheaper entry point for the same theme.
Trailing P/E multiple of 12.9x sits below the category median of 13.3x and also below its own 3-year median of 14.1x. The fund's 3-year volatility of 23.6% is above the category norm of 18.4%.
Adds a values tilt to an emerging-market allocation, with a track record that has kept up.
How is FRDM rated? ETF Copilot scores Freedom 100 Emerging Markets ETF (FRDM) 7.3 out of 10
As of October 28, 2026, ETF Copilot scores Freedom 100 Emerging Markets ETF (FRDM) 7.3 out of 10 overall.
ETF Copilot scores (0–10 scale, higher is better):
- Overall: 7.3 / 10
- Growth: 8.9 / 10
- Value: 5.8 / 10
- Risk: 2.3 / 10
- Quality: 8.2 / 10
- Return: 9.5 / 10
FRDM is ranked #2 of 10 in ETF Copilot's International list.
Is FRDM expensive right now? It trades at 12.9 times earnings, against its own median of 14.1
As of October 28, 2026, FRDM is cheaper than 61% of its own last 7 years.
Trailing 12 months, built from FRDM's holdings. How we calculate this →
What's inside FRDM? 46% Tech
What's inside FRDM: Size (Large 57%, Mid 37%, Small 6%); Geography (International 100%, US 0%); Tech 45.5%; AI 7.2%; Semiconductors 26.1%; Memory 34.7%.
What are FRDM's top holdings? The ten largest are 52% of the fund
More concentrated than 85% of Emerging Markets ETFs.
Half of FRDM's weight sits in its 10 largest positions, and once those weights are taken into account it behaves like 25 equally weighted holdings.
What is FRDM's expense ratio? 0.49% a year
As of October 28, 2026, FRDM charges 0.49% a year, yields 1.77% and holds $3.3B in assets across 131 positions.
| Measure | FRDM |
|---|---|
| Expense ratio | 0.49% |
| Dividend yield | 1.77% |
| Assets under management | $3.3B |
| Holdings | 131 |
Expense ratio, dividend yield and assets under management are reported by the fund and refreshed daily. Every other figure on this page is computed by ETF Copilot.
Cite this
ETF Copilot, “Freedom 100 Emerging Markets ETF (FRDM) scores and holdings analysis”, as of October 28, 2026.
https://etf-copilot.com/etf/frdm
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