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FMKT vs AAUM

The Free Markets ETF vs Tema Alternative Asset Managers

FMKT

The Free Markets ETF

Free Markets ETF

Annual cost

0.76%

Fund size

$15M

AAUM

Tema Alternative Asset Managers

Tema Global Limited

Annual cost

0.75%

Fund size

$2M

Key differences

  • FMKT is significantly larger than AAUM — larger funds tend to be more liquid and less likely to close.
  • FMKT is classified as equity, while AAUM is alternative — different risk/return profiles.
  • FMKT follows a active selection strategy; AAUM uses multi strategy.

Side-by-side comparison

FMKTAAUM
Annual cost (TER)0.76%0.75%
Fund size (AUM)$15M$2M
Since20252025
Dividend yield
Asset classequityalternative
Regionnorth americanorth america
Strategyactive selectionmulti strategy
CAGR 1YN/AN/A
CAGR 3YN/AN/A
CAGR 5YN/AN/A
Sharpe 3YN/AN/A
Volatility 1Y
Max drawdown-17.79%-28.24%

Green dot indicates the better value for that metric. Performance data is historical and does not predict future results.

Similar to FMKT and AAUM