- Issuer
- First Eagle
- Inception Date
- Apr 26, 2021
- Category
- Small Cap Value Equities
- Min. Investment
- $1,000,000
- Distribution Policy
- Distributing
- Asset Class
- Equity
- Asset Class Size
- Large-Cap
- Asset Class Style
- Blend
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
FESCX Performance Chart
First Eagle Small Cap Opportunity Fund (FESCX) is up 25.2% since the beginning of the year. FESCX is currently trading at $15 per share. Investors who bought $1,000 worth of FESCX shares 5 years ago would now be looking at an investment worth $1,529.
Loading charts...
Compare this symbol against anything
Returns By Period
First Eagle Small Cap Opportunity Fund (FESCX) has returned 25.15% so far this year and 43.50% over the past 12 months.
First Eagle Small Cap Opportunity Fund
- 1D
- 1.11%
- 1M
- -2.87%
- 6M
- 16.52%
- YTD
- 25.15%
- 1Y
- 43.50%
- 3Y*
- 14.28%
- 5Y*
- 8.86%
- 10Y*
- —
- ALL TIME*
- 8.85%
Benchmark (S&P 500 Index)
- 1D
- 0.70%
- 1M
- 0.09%
- 6M
- 7.94%
- YTD
- 9.41%
- 1Y
- 20.07%
- 3Y*
- 17.84%
- 5Y*
- 11.25%
- 10Y*
- 13.26%
- ALL TIME*
- 8.09%
FESCX Monthly Returns History
Based on dividend-adjusted daily data since Jul 14, 2021, FESCX's average daily return is +0.04%, while the average monthly return is +0.91%. At this rate, an investment would double in approximately 6.4 years.
Historically, 54% of months were positive and 46% were negative. The best month was Apr 2026 with a return of +13.6%, while the worst month was Sep 2022 at -12.1%. The longest winning streak lasted 10 consecutive months, and the longest losing streak was 4 months.
On a daily basis, FESCX closed higher 50% of trading days. The best single day was Apr 9, 2025 with a return of +9.0%, while the worst single day was Apr 3, 2025 at -7.6%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 7.41% | 5.21% | -6.17% | 13.57% | 2.36% | 8.04% | -6.02% | 25.15% | |||||
| 2025 | 3.67% | -6.43% | -6.77% | -4.49% | 7.61% | 6.03% | 1.57% | 8.40% | 2.67% | 0.35% | 0.43% | 0.94% | 13.33% |
| 2024 | -3.14% | 3.04% | 5.39% | -6.17% | 5.96% | -1.65% | 8.19% | -2.46% | -0.19% | -2.81% | 10.31% | -8.32% | 6.47% |
| 2023 | 12.47% | -0.73% | -4.85% | -2.77% | -2.05% | 12.09% | 4.15% | -5.38% | -6.53% | -7.32% | 8.63% | 11.00% | 16.75% |
| 2022 | -5.35% | 3.95% | 0.92% | -8.34% | 1.55% | -12.13% | 11.57% | -3.57% | -12.14% | 11.84% | 4.82% | -4.51% | -14.05% |
| 2021 | 0.31% | -0.31% | -2.97% | 2.95% | -3.07% | 4.54% | 1.23% |
Benchmark Metrics
First Eagle Small Cap Opportunity Fund has an annualized alpha of -2.11%, beta of 1.10, and R2 of 0.68 versus S&P 500 Index. Calculated based on daily prices since July 14, 2021.
- This fund participated in 115.62% of S&P 500 Index downside but only 106.84% of its upside - more exposed to losses than it benefited from rallies.
- This fund had an annualized alpha of -2.11% versus S&P 500 Index - delivering less than market exposure alone would predict.
- With beta of 1.10 and R2 of 0.68, this fund moves broadly in line with S&P 500 Index - much of its variation is explained by market exposure rather than independent behavior.
- Alpha
- -2.11%
- Beta
- 1.10
- R²
- 0.68
- Upside Capture
- 106.84%
- Downside Capture
- 115.62%
Expense Ratio
FESCX has a high expense ratio of 1.00%, indicating above-average management fees.
Return for Risk
Risk / Return Rank
FESCX ranks 85 for risk / return — above 85% of mutual funds peers on PortfoliosLab. Its historical combined result is among the stronger results in the peer group.
Risk / Return Metrics
The table below present risk-adjusted performance metrics for First Eagle Small Cap Opportunity Fund (FESCX) 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.
| FESCX | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.61 | ||
| Sortino ratioReturn per unit of downside risk | +0.91 | ||
| Omega ratioGain probability vs. loss probability | 1.35 | 1.25 | +0.09 |
| Calmar ratioReturn relative to maximum drawdown | 3.93 | 2.00 | +1.92 |
| Martin ratioReturn relative to average drawdown | 13.17 | 8.49 | +4.67 |
Dividends
Dividend History
First Eagle Small Cap Opportunity Fund provided a 0.83% dividend yield over the last twelve months, with an annual payout of $0.12 per share.
| Period | TTM | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
| Dividend | $0.12 | $0.12 | $0.16 | $0.06 | $0.01 |
Dividend yield | 0.83% | 1.03% | 1.56% | 0.60% | 0.11% |
Monthly Dividends
The table displays the monthly dividend distributions for First Eagle Small Cap Opportunity Fund. 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 | $0.00 | |||||
| 2025 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.12 | $0.12 |
| 2024 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.16 | $0.16 |
| 2023 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.06 | $0.06 |
| 2022 | $0.01 | $0.01 |
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 Small Cap Opportunity Fund. 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 Small Cap Opportunity Fund was 28.53%, occurring on Apr 8, 2025. Recovery took 104 trading sessions.
The current First Eagle Small Cap Opportunity Fund drawdown is 6.02%.
Drawdown | Fall | Recovery | Underwater | Related event |
|---|---|---|---|---|
-28.53%Apr 2025 | 4mo 13d | 5mo 3d | 9mo 16dNov 2024 - Sep 2025 | 2025 selloff2025 |
-27.86%Sep 2022 | 10mo 21d | 1y 9mo | 2y 8moNov 2021 - Jul 2024 | Bear market2022 |
-10.90%Aug 2024 | 21d | 3mo 1d | 3mo 22dJul 2024 - Nov 2024 | — |
-10.26%Mar 2026 | 21d | 25d | 1mo 16dFeb 2026 - Apr 2026 | — |
-8.67%Nov 2025 | 24d | 14d | 1mo 8dOct 2025 - Dec 2025 | — |
Drawdown Indicators
| FESCX | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -28.53% | -56.78% | +28.25% |
Max Drawdown (1Y)Largest decline over 1 year | -10.26% | -9.10% | -1.16% |
Max Drawdown (3Y)Largest decline over 3 years | -28.53% | -18.90% | -9.63% |
Max Drawdown (5Y)Largest decline over 5 years | -28.53% | -25.43% | -3.10% |
Max Drawdown (10Y)Largest decline over 10 years | — | -33.92% | — |
Current DrawdownCurrent decline from peak | -6.02% | -1.58% | -4.44% |
Average DrawdownAverage peak-to-trough decline | -8.64% | -10.70% | +2.06% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.06% | 2.14% | +0.92% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
Loading charts...
Build a portfolio with FESCX
Add First Eagle Small Cap Opportunity Fund 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 FESCX