The Emles Federal Contractors ETF (FEDX) seeks investment results that correspond, before fees and expenses, to the price and yield performance of the Emles Federal Contractors Index, an index designed to provide access to companies that have high revenue exposure to federal contracts with the U.S government.

Performance summary of Q1 2021

After finishing a volatile 2020 on a high note, the S&P 500 Index posted new highs in Q1 2021. Federal contractors benefited from growing investor confidence and outperformed the S&P 500, shrugging off uncertainty about federal spending budgets following U.S. elections last November.

Quarter in review

Looking ahead

Full performance and holdings information can be found here.