FMCXFM Focus Equity ETF
Seeks long-term capital appreciation.
By First Manhattan Co. · Launched 2022
Annual Cost
0.72%
#3,731 of 5,861 · average
Fund Size
$120M
#2,817 of 5,861 · mid-size
Return (1Y)Goal
+7.1%
Track Record
4 years
#2,606 of 5,861 · seasoned
Performance
Total-return NAV · USDGrowth of $10,000
$10,877+8.8%
Total-return NAV, USD. Net of fund fees, before tax.
What's inside
How Beacon categorizes this fundWhat it actually holds
By weightConcentration
Top 10 holdings = 50.9% of fundmoderately concentrated
Goldman Sachs Trust
7.9%
GE Aerospace
6.5%
Microsoft Corp.
6.3%
Berkshire Hathaway Inc.
4.9%
Linde PLC
4.6%
KKR & Co Inc.
4.4%
O'Reilly Automotive Inc.
4.2%
Danaher Corporation
4.1%
Amazon.com, Inc.
4.1%
Intel Corporation
3.9%
Asset allocation
Stocks
95.0%
Cash
5.0%
By sector
Technology
31.2%
Industrials
21.3%
Consumer Cyclical
15.5%
Financial Services
13.6%
Healthcare
9.3%
Communication
5.3%
Basic Materials
3.8%
Risk profile
Last 12 months · Sharpe & Sortino need 3+ yearsVolatility (1Y)
13.9%Moderate
Year-on-year price swings
Max drawdown
-17.7%Moderate
Worst peak-to-trough loss
Sharpe (3Y)
0.70Decent risk-adjusted returns
Sortino (3Y)
0.98Moderate downside risk
Listing
- Exchange
- NYSE Arca
Full fund details
- Objective
- Seeks long-term capital appreciation.
- Strategy
- Actively manages a focused portfolio of U.S. exchange-traded common stocks, investing in 25-35 companies with durable competitive advantages. No targeted market capitalization; may hold concentrated positions and maintain cash reserves.
- Inception date
- April 22, 2022
- Fund family
- First Manhattan Co.
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Data updated on 2026-08-04