FMQQ Performance — FMQQ The Next Frontier Internet ETF
Data updated: 2026-07-29
FMQQ returned −14.34% year to date and −17.07% over one year to May 2026. The annualised 3-year return is +4.25%. The fund trailed its Emerging Markets Equity category average: $100 invested three years ago grew to $113, against $186 for the category, and to $83 over one year, against $149. Volatility over the past three years was 17.81% a year. In the 12 months to May 2026 the fund lost a net $5.0M, and assets reached $19.57M.
FMQQ Growth of $100
What $100 invested in FMQQ The Next Frontier Internet ETF grew to, compounded from monthly returns reported on SEC Form N-PORT, against the Emerging Markets Equity category average over the same months.
| Period | FMQQ | Category average |
|---|---|---|
| 1 year (Jun 2025 – May 2026) | $83 | $149 |
| 3 years (Jun 2023 – May 2026) | $113 | $186 |
| Since data start (Sep 2021 – May 2026) | $47 | $151 |
FMQQ Trailing Returns
Total returns to May 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | −14.34% |
| 1 year | −17.07% |
| 3 years (annualised) | +4.25% |
FMQQ Annual Returns
Calendar-year total returns of FMQQ The Next Frontier Internet ETF, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–May) | −14.34% |
| 2025 | +4.06% |
| 2024 | +15.33% |
| 2023 | +16.81% |
| 2022 | −51.97% |
| 2021 (Sep–Dec) | −18.03% |
FMQQ Monthly Returns
Monthly total returns as reported on SEC Form N-PORT.
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | −3.7% | −3.9% | −2.6% | +7.8% | −11.9% | — | — | — | — | — | — | — |
| 2025 | +1.5% | −6.4% | +3.4% | +8.2% | +1.0% | +4.6% | −5.7% | +6.6% | −3.3% | −0.8% | +1.3% | −5.3% |
| 2024 | −2.5% | +3.4% | +0.9% | −0.1% | +3.0% | +7.9% | +0.2% | +2.2% | +1.7% | −1.6% | +1.9% | −2.3% |
| 2023 | +11.6% | −7.6% | +0.3% | +0.5% | +2.0% | −6.1% | +7.7% | +2.2% | +11.9% | −5.4% | −4.6% | +5.7% |
| 2022 | −17.6% | −5.8% | −3.2% | −17.9% | −3.1% | −0.8% | +8.3% | −14.9% | +8.3% | −1.5% | −11.9% | −6.5% |
| 2021 | — | — | — | — | — | — | — | — | −9.2% | −1.3% | — | −8.5% |
FMQQ Risk
Risk measures from monthly returns over Jun 2023 – May 2026.
- 3-year volatility (annualised): 17.81%
- 3-year Sharpe ratio: -0.01 (vs 4.5% risk-free rate)
- Best month: +11.93% (Sep 2023)
- Worst month: −11.89% (May 2026)
FMQQ Fund Flows
Monthly money in and out of FMQQ The Next Frontier Internet ETF, from SEC Form N-PORT.
- 12-month net flow: −$5.0M
- 12-month gross sales (incl. reinvestments): $569K
- Sales ÷ redemptions: 0.10×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| May 2026 | $569K | $867K | −$298K |
| Apr 2026 | $0 | $0 | $0 |
| Mar 2026 | $0 | $2.0M | −$2.0M |
| Feb 2026 | $0 | $2.7M | −$2.7M |
| Jan 2026 | $0 | $0 | $0 |
| Dec 2025 | $0 | $0 | $0 |
| Nov 2025 | $0 | $0 | $0 |
| Oct 2025 | $0 | $0 | $0 |
| Sep 2025 | $0 | $0 | $0 |
| Aug 2025 | $0 | $0 | $0 |
| Jul 2025 | $0 | $0 | $0 |
| Jun 2025 | $0 | $0 | $0 |
FMQQ Assets Under Management
Net assets of FMQQ The Next Frontier Internet ETF by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-05-31 | $19.57M |
| 2026-02-28 | $24.29M |
| 2025-11-30 | $30.77M |
| 2025-08-31 | $31.65M |
| 2025-05-31 | $30.12M |
| 2025-02-28 | $27.58M |
| 2024-11-30 | $30.84M |
| 2024-08-31 | $30.23M |
| 2024-05-31 | $26.76M |
| 2024-02-29 | $22.58M |
| 2023-11-30 | $19.04M |
| 2023-08-31 | $18.87M |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.