The Emles Federal Contractors ETF (FEDX) endeavors to replicate the performance of its benchmark index. It achieves this by allocating a significant majority — specifically, no less than 80% — of its total assets to the equity securities that constitute that index, striving to mirror their respective weightings. The underlying index focuses on U.S.-listed stocks that are involved in the theme of providing goods and services to the U.S. federal government.
