Motley Fool Next Index ETF
TMFX
Chicago Board Options Exchange- -
USD
- -
- -
Capital Structure
FRC
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in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
FRC
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management
- Address
- 2000 Duke Street Alexandria VA United States of America 22314
- IPO Date
- Dec 31, 2021
- CIK
- 0000831114
- Website
- fooletfs.com
- Similar Companies
- Business
- Motley Fool Next Index ETF (TMFX) is a passively managed exchange-traded fund that seeks to track the total return performance, before fees and expenses, of the Motley Fool Next Index, a proprietary market-cap-weighted index comprising over 150 U.S. small- and mid-cap companies either actively recommended by The Motley Fool, LLC analysts or ranked among the highest-rated in the firm's Fool Intel analyst opinion database. Eligible securities include common stocks, REITs, tracking stocks, and holding companies that demonstrate the Foolish investment philosophy of long-term ownership of high-quality businesses with lasting competitive advantages, healthy balance sheets, high profit margins, and attractive returns on capital; exclusions apply to ADRs, GDRs, EDRs, preferred stocks, closed-end funds, exchange-traded funds, and derivatives, with each constituent required to have averaged at least $1 million in daily share trading volume over the preceding three months. The ETF targets growth-oriented investors seeking exposure to high-conviction small- and mid-cap picks poised for expansion over 3-5 years, complementing the Motley Fool 100 Index ETF (TMFC) by providing non-overlapping domestic equity coverage across small-, mid-, and large-cap segments from the same recommendation universe; it lists on the NYSE (now transitioned to Cboe) with a net expense ratio of 0.50%, a low dividend yield of 0.05%, and assets under management of approximately $30 million. Launched on December 29, 2021, and domiciled in the United States under The RBB Fund, Inc., TMFX is managed by Motley Fool Asset Management, LLC, an affiliate of The Motley Fool Holdings, Inc. and headquartered in Alexandria, Virginia, with primary operations focused on U.S. equity markets and institutional and retail investors seeking mid-cap growth strategies. In recent developments, Motley Fool Asset Management transferred TMFX and the Motley Fool Capital Efficiency 100 Index ETF (TMFE) to the Cboe exchange for unified platform presence in November 2024. The firm announced plans in September 2025 to launch up to 15 new ETFs covering small-, mid-, and large-cap strategies alongside value, growth, and volatility products, marking a significant expansion of its passive ETF lineup that already includes TMFC, TMFG, TMFM, and TMFS. Further, in December 2025, it launched three new factor-focused passive ETFs as the initial phase of this rollout, launched its first new funds in nearly four years while promoting internal executives such as Tony Arsta to Chief Investment Officer and Bill Mann to Chief Investment Strategist in January 2025.