- Issuer
- First Eagle
- Inception Date
- Jan 27, 2026
- Region
- North America (United States)
- Category
- Mid Cap Value Equities
- Leveraged
- 1x (No leverage)
- Index Tracked
- No Index (Active)
- Asset Class
- Equity
- Asset Class Size
- Mid-Cap
- Asset Class Style
- Value
- Assets Under Management
- $1M
Share Price Chart
Loading charts...
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Performance
FEMD Performance Chart
Loading charts...
Returns By Period
First Eagle Mid Cap Equity ETF
- 1D
- 1.85%
- 1M
- 4.99%
- YTD
- —
- 6M
- —
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
Benchmark (S&P 500 Index)
- 1D
- 0.00%
- 1M
- -0.71%
- YTD
- 8.39%
- 6M
- 8.57%
- 1Y
- 24.33%
- 3Y*
- 18.94%
- 5Y*
- 12.24%
- 10Y*
- 13.54%
FEMD Monthly Returns History
Based on dividend-adjusted daily data since Jan 27, 2026, FEMD's average daily return is +0.08%, while the average monthly return is +1.37%. At this rate, an investment would double in approximately 4.2 years.
Historically, 67% of months were positive and 33% were negative. The best month was Apr 2026 with a return of +7.8%, while the worst month was Mar 2026 at -8.3%. The longest winning streak lasted 3 consecutive months, and the longest losing streak was 1 months.
On a daily basis, FEMD closed higher 55% of trading days. The best single day was Apr 8, 2026 with a return of +3.7%, while the worst single day was Mar 6, 2026 at -3.1%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | -1.01% | 5.11% | -8.26% | 7.82% | 0.30% | 4.25% | 7.61% |
Benchmark Metrics
First Eagle Mid Cap Equity ETF has an annualized alpha of 0.64%, beta of 1.14, and R2 of 0.65 versus S&P 500 Index. Calculated based on daily prices since January 27, 2026.
- This ETF participates in less of S&P 500 Index's moves in both directions, but captures a larger share of gains (41.33%) than losses (6.62%) - typical of diversified or defensive assets.
- With beta of 1.14 and R2 of 0.65, this ETF moves broadly in line with S&P 500 Index - much of its variation is explained by market exposure rather than independent behavior.
- Alpha
- 0.64%
- Beta
- 1.14
- R²
- 0.65
- Upside Capture
- 41.33%
- Downside Capture
- 6.62%
Expense Ratio
FEMD has an expense ratio of 0.55%, placing it in the medium range.
Return for Risk
Return / Risk — by metrics
The table below present risk-adjusted performance metrics for First Eagle Mid Cap Equity ETF (FEMD) and compare them to S&P 500 Index.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| FEMD | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | — | 1.35 | — |
| Calmar ratioReturn relative to maximum drawdown | — | 2.66 | — |
| Martin ratioReturn relative to average drawdown | — | 11.86 | — |
Dividends
Dividend History
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
Loading charts...
Worst Drawdowns
The table below displays the maximum drawdowns of the First Eagle Mid Cap Equity ETF. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the First Eagle Mid Cap Equity ETF was 11.51%, occurring on Mar 30, 2026. Recovery took 46 trading sessions.
Related event | Drawdown | Fall | Recovery | Underwater |
|---|---|---|---|---|
2026 correction2026 | -11.51%Mar 2026 | 1mo 1d | 2mo 6d | 3mo 7dFeb 2026 - Jun 2026 |
2026 pullback2026 | -3.20%Jun 2026 | 5d | 2d | 7dJun 2026 - Jun 2026 |
2026 pullback2026 | -1.95%Feb 2026 | 1d | 8d | 9dFeb 2026 - Feb 2026 |
2026 pullback2026 | -1.89%Feb 2026 | 0s | 3d | 3dFeb 2026 - Feb 2026 |
2026 pullback2026 | -1.55%Jun 2026 | 1d | 1d | 2dJun 2026 - Jun 2026 |
Drawdown Indicators
| FEMD | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -11.51% | -56.78% | +45.27% |
Max Drawdown (1Y)Largest decline over 1 year | — | -9.10% | — |
Max Drawdown (3Y)Largest decline over 3 years | — | -18.90% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -25.43% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -33.92% | — |
Current DrawdownCurrent decline from peak | 0.00% | -2.49% | +2.49% |
Average DrawdownAverage peak-to-trough decline | -3.12% | -10.72% | +7.60% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 2.03% | — |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
Loading charts...
Build a portfolio with FEMD
Add First Eagle Mid Cap Equity ETF to a portfolio and analyze allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Analyzer with FEMD