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 Q4 2020

U.S. markets finished a volatile year on a high note, and the S&P 500 Index hit all-time highs in the midst of a pandemic. While federal contractors faced uncertainty regarding the outcome of the U.S. elections and its effects on federal spending, contractors showed resilience through year-end.

Quarter in review

Looking ahead

Full performance and holdings information can be found here.