See what your fund actually adds
Free Market International Equity Fund Institutional Class FMNEX
Historical return decomposition and an investable replication portfolio, using data through 2026-10-09.
Fund and replication metrics
| Measure | FMNEX | Replication |
|---|---|---|
| Annualized growth | 11.9% | 10.2% |
| Annualized volatility | 15.6% | 15.0% |
| Sharpe ratio | 0.80 | 0.72 |
| Maximum drawdown | 26.2% | 26.2% |
| Replication fit (R²) | 0.98 · Tracking error 2.0% | |
Replication portfolio
The published portfolio below is the investable basket used to model FMNEX’s historical return behavior.
| Ticker | Building block | Weight |
|---|---|---|
| EFV | Intl · Value | 49.7% |
| VSS | Intl · Small Cap | 43.4% |
| VEA | Intl · Developed | 4.0% |
| XLE | Sector · Energy | 2.9% |