Large Blend · NYSE ARCA · USD · Data as of 2026-05-12
AUM
$114.59M
Expense ratio
0.71%
Yield
0.34%
YTD return
+4.30%
Last price
$36.95
Broad Equity · Coverage 50% · low
Today
76.0
Outlook
49.5
Block A (composite-derived)
33.0
Block C (market behavior)
97.5
Today overlay (Block D)
0.0
Outlook overlay (Block D)
0.0
today_score = clip(0,100, 50 + 0.15·(A−50) + 0.60·(C−50) + D_today). Block B (holdings rollup) is in Phase 3 development; β=0 caps the natural range at ~12.5–87.5 in Preview v0.9. Formula version tide-etf-v1.0.0.
33.0
Coverage 50% · low
Liquidity
—
Expenses
45.0
Performance
—
Volatility
34.1
Dividend
6.2
Concentration
40.0
Smart Money
—
Activist
—
Formula version composite-v1.0.0. Axes hover to see why a sub-score is missing.
Northern Lights Fund Trust IV - FMC Excelsior Focus Equity ETF (FMCX) is an exchange-traded fund from First Manhattan Co. in the Mixed asset class. Launched in 2022. Assets under management: 114,594,584.
Bullish Whales composite rating: 33 out of 100. Evidence coverage 50% across 4 of 8 axes. Strongest axes: expenses, concentration, volatility.
Annualized one-year realized volatility 15%, classified moderate. Weakest axes: dividend, volatility.
Top-10 weight 0%, diversified, led by MSFT. Trailing yield 0%.
etf_composite_score_current · composite_score, concentration_score, confidence, coverage_pct, dividend_score, expenses_score, volatility_scoreetf_fundamentals_td · dividend_frequency, yieldetf_holdings_top10 · holding_symbol, weightetf_universe · asset_class, aum_usd, fund_type, inception_date, issuer, name, ticker, volatility_1yFM Focus Equity ETF is an exchange-traded fund designed to offer investors exposure to a concentrated portfolio of equities. Its primary function is to pursue capital appreciation by strategically selecting a limited number of high-conviction stocks. Typically, this ETF invests in companies with strong growth potential spanning various sectors, including technology, healthcare, and consumer goods. The focused nature of the fund allows for in-depth research and selection of compelling equity opportunities, often translating to higher exposure to fewer stocks compared to more diversified funds. The FM Focus Equity ETF plays a significant role in the financial market by addressing the needs of investors seeking targeted exposure to dynamic companies poised for growth. By offering access to a concentrated portfolio, this ETF provides an opportunity to capitalize on market movements of specific stocks within its holdings. Its strategy emphasizes agility in responding to market trends while carefully managing risk concentrations. As part of a broader investment portfolio, FM Focus Equity ETF can complement diversified holdings by offering potential for enhanced returns through strategic asset management and selection.
Net AUM change history is not yet available for this ETF. Fund-flow time series is a Phase B deliverable.
Current AUM: $114,594,584. AUM change is computed from rolling daily fundamentals snapshots; it reflects total net-asset deltas (creations/redemptions + market value moves), not pure share creations.
Fund documents (fact sheets, prospectuses, semi-annual reports) for FMCX are coming soon. The BW fund-document archive will surface PDFs alongside a metadata index for searchability.