- Issuer
- First Eagle
- Inception Date
- Dec 19, 2024
- Category
- Foreign Large Cap Equities
- Leveraged
- 1x (No leverage)
- Index Tracked
- No Index (Active)
- Distribution Policy
- Distributing
- Asset Class
- Equity
- Asset Class Size
- Large-Cap
- Asset Class Style
- Blend
- Assets Under Management
- $1B
Share Price Chart
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Performance
FEOE Performance Chart
First Eagle Overseas Equity ETF (FEOE) is up 13.2% since the beginning of the year. FEOE is currently trading at $55 per share.
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Returns By Period
First Eagle Overseas Equity ETF (FEOE) has returned 13.19% so far this year and 33.73% over the past 12 months.
First Eagle Overseas Equity ETF
- 1D
- 0.61%
- 1M
- 5.37%
- YTD
- 13.19%
- 6M
- 16.39%
- 1Y
- 33.73%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
Benchmark (S&P 500 Index)
- 1D
- -0.74%
- 1M
- 4.90%
- YTD
- 10.35%
- 6M
- 10.28%
- 1Y
- 26.52%
- 3Y*
- 20.83%
- 5Y*
- 12.30%
- 10Y*
- 13.66%
FEOE Monthly Returns History
Based on dividend-adjusted daily data since Dec 20, 2024, FEOE's average daily return is +0.13%, while the average monthly return is +2.54%. At this rate, an investment would double in approximately 2.3 years.
Historically, 84% of months were positive and 16% were negative. The best month was Feb 2026 with a return of +8.4%, while the worst month was Mar 2026 at -9.3%. The longest winning streak lasted 7 consecutive months, and the longest losing streak was 1 months.
On a daily basis, FEOE closed higher 59% of trading days. The best single day was Apr 9, 2025 with a return of +6.4%, while the worst single day was Apr 4, 2025 at -5.4%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 6.12% | 8.44% | -9.33% | 4.46% | 2.66% | 1.16% | 13.19% | ||||||
| 2025 | 5.02% | 3.99% | 2.68% | 2.87% | 2.40% | 2.51% | -0.50% | 5.52% | 4.42% | 0.74% | 2.49% | 3.11% | 41.33% |
| 2024 | -0.42% | -0.42% |
Benchmark Metrics
First Eagle Overseas Equity ETF has an annualized alpha of 24.72%, beta of 0.62, and R2 of 0.47 versus S&P 500 Index. Calculated based on daily prices since December 23, 2024.
- This ETF captured 88.68% of S&P 500 Index gains and tended to rise during its downturns (downside capture of -84.90%) - a profile typical of hedging or uncorrelated assets.
- Beta of 0.62 may look defensive, but with R2 of 0.47 this ETF is largely uncorrelated with S&P 500 Index - low beta reflects independence, not downside protection. See the Volatility section for a true picture of this ETF's risk.
- R2 of 0.47 means the benchmark explains less than half of this ETF's behavior - treat beta with caution or consider switching to a more representative benchmark.
- Alpha
- 24.72%
- Beta
- 0.62
- R²
- 0.47
- Upside Capture
- 88.68%
- Downside Capture
- -84.90%
Expense Ratio
FEOE has an expense ratio of 0.50%, placing it in the medium range.
Return for Risk
Risk / Return Rank
FEOE ranks 64 for risk / return — better than 64% of ETFs on our site. You're getting solid returns for the risk taken. A good sign, especially for investors who want growth without excessive volatility.
Return / Risk — by metrics
The table below present risk-adjusted performance metrics for First Eagle Overseas Equity ETF (FEOE) and compare them to S&P 500 Index.
| FEOE | Benchmark | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 2.34 | 2.24 | +0.09 |
Sortino ratioReturn per unit of downside risk | 3.04 | 3.07 | -0.04 |
Omega ratioGain probability vs. loss probability | 1.42 | 1.41 | +0.02 |
Calmar ratioReturn relative to maximum drawdown | 2.73 | 2.93 | -0.20 |
Martin ratioReturn relative to average drawdown | 9.73 | 13.52 | -3.79 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Dividends
Dividend History
First Eagle Overseas Equity ETF provided a 1.35% dividend yield over the last twelve months, with an annual payout of $0.74 per share.
| Period | TTM | 2025 |
|---|---|---|
| Dividend | $0.74 | $0.74 |
Dividend yield | 1.35% | 1.53% |
Monthly Dividends
The table displays the monthly dividend distributions for First Eagle Overseas Equity ETF. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | ||||||
| 2025 | $0.74 | $0.74 |
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.
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Worst Drawdowns
The table below displays the maximum drawdowns of the First Eagle Overseas 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 Overseas Equity ETF was 12.27%, occurring on Mar 20, 2026. The portfolio has not yet recovered.
The current First Eagle Overseas Equity ETF drawdown is 1.64%.
Related event | Drawdown | Fall | Recovery | Underwater |
|---|---|---|---|---|
2026 correction2026 | -12.27%Mar 2026 | 18d | — | 3mo 4dMar 2026 - now |
2025 selloff2025 | -11.96%Apr 2025 | 19d | 22d | 1mo 11dMar 2025 - Apr 2025 |
2025 pullback2025 | -4.38%Nov 2025 | 7d | 14d | 21dNov 2025 - Dec 2025 |
2025 pullback2025 | -3.21%Jul 2025 | 7d | 8d | 15dJul 2025 - Aug 2025 |
2025 pullback2025 | -2.79%Oct 2025 | 3d | 10d | 13dOct 2025 - Oct 2025 |
Drawdown Indicators
| FEOE | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -12.27% | -56.78% | +44.51% |
Max Drawdown (1Y)Largest decline over 1 year | -12.27% | -9.10% | -3.17% |
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 | -1.64% | -0.74% | -0.90% |
Average DrawdownAverage peak-to-trough decline | -1.78% | -10.72% | +8.94% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.44% | 1.97% | +1.47% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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