FEAMX vs. DHAMX

Last updated Aug 1, 2026

FEAMX (First Eagle Fund of America) and DHAMX (Centre American Select Equity Fund) are both Large Cap Blend Equities funds. Over the past 10 years, FEAMX returned 8.78%/yr vs 13.91%/yr for DHAMX. Their 0.79 correlation means they have sometimes moved together and sometimes differently. FEAMX charges 1.65%/yr vs 1.46%/yr for DHAMX.

Performance

FEAMX vs. DHAMX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in First Eagle Fund of America (FEAMX) and Centre American Select Equity Fund (DHAMX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, FEAMX achieves a 8.11% return, which is significantly lower than DHAMX's 19.82% return. Over the past 10 years, FEAMX has underperformed DHAMX with an annualized return of 8.78%, while DHAMX has yielded a comparatively higher 13.91% annualized return.

FEAMX

• 1D: -0.81%
• 1M: 0.76%
• 6M: 1.99%
• YTD: 8.11%
• 1Y: 22.57%
• 3Y*: 17.37%
• 5Y*: 9.90%
• 10Y*: 8.78%
• ALL TIME*: 7.55%

DHAMX

• 1D: 1.78%
• 1M: -1.29%
• 6M: 9.05%
• YTD: 19.82%
• 1Y: 37.51%
• 3Y*: 13.19%
• 5Y*: 12.13%
• 10Y*: 13.91%
• ALL TIME*: 13.28%

*Multi-year figures are annualized to reflect compound growth (CAGR)

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
DHAMX Centre American Select Equity Fund	$0.00	$0.00	$0.00
FEAMX First Eagle Fund of America	$0.00	$0.00	$0.00

FEAMX vs. DHAMX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
FEAMX First Eagle Fund of America	8.11%	22.95%	21.26%	21.30%	-19.90%	19.13%	7.00%	27.41%	-24.23%	20.85%
DHAMX Centre American Select Equity Fund	19.82%	19.37%	1.33%	14.91%	-3.34%	27.41%	30.79%	16.38%	-3.82%	25.26%

Correlation

The correlation between FEAMX and DHAMX is 0.55, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.55
Correlation (3Y) Balances recent behavior with more history.	0.71
Correlation (5Y) Shows whether the relationship held over a longer period.	0.74
Correlation (10Y) Provides a long-term view across more market conditions.	0.76
Correlation (All Time) Calculated using the full available price history since Dec 22, 2011	0.79

Over the past year, the correlation between FEAMX and DHAMX has dropped to 0.55 - well below their long-term average of 0.79, suggesting their price drivers have been diverging.

Return for Risk

FEAMX vs. DHAMX — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

FEAMX

FEAMX Risk / Return Rank: 66
FEAMX Sharpe Ratio Rank: 74
FEAMX Sortino Ratio Rank: 70
FEAMX Omega Ratio Rank: 71
FEAMX Calmar Ratio Rank: 64
FEAMX Martin Ratio Rank: 54

DHAMX

DHAMX Risk / Return Rank: 87
DHAMX Sharpe Ratio Rank: 87
DHAMX Sortino Ratio Rank: 84
DHAMX Omega Ratio Rank: 80
DHAMX Calmar Ratio Rank: 92
DHAMX Martin Ratio Rank: 91

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

FEAMX vs. DHAMX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for First Eagle Fund of America (FEAMX) and Centre American Select Equity Fund (DHAMX). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

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.

	FEAMX	DHAMX	Difference
Sharpe ratio: Return per unit of total volatility	1.71	2.13	-0.41
Sortino ratio: Return per unit of downside risk	2.36	2.94	-0.58
Omega ratio: Gain probability vs. loss probability	1.31	1.36	-0.05
Calmar ratio: Return relative to maximum drawdown	2.12	3.59	-1.48
Martin ratio: Return relative to average drawdown	7.26	12.51	-5.25

FEAMX vs. DHAMX - Sharpe Ratio Comparison

The current FEAMX Sharpe Ratio is 1.71, which is comparable to the DHAMX Sharpe Ratio of 2.13. The chart below compares the historical Sharpe Ratios of FEAMX and DHAMX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

FEAMX vs. DHAMX - Drawdown Comparison

The maximum FEAMX drawdown since its inception was -45.04%, which is greater than DHAMX's maximum drawdown of -28.47%. Use the drawdown chart below to compare losses from any high point for FEAMX and DHAMX.

Drawdown Indicators

	FEAMX	DHAMX	Difference
Max Drawdown Largest peak-to-trough decline	-45.04%	-28.47%	-16.57%
Max Drawdown (1Y) Largest decline over 1 year	-10.07%	-9.84%	-0.23%
Max Drawdown (3Y) Largest decline over 3 years	-12.58%	-28.47%	+15.89%
Max Drawdown (5Y) Largest decline over 5 years	-28.89%	-28.47%	-0.42%
Max Drawdown (10Y) Largest decline over 10 years	-40.30%	-28.47%	-11.83%
Current Drawdown Current decline from peak	-3.05%	-3.73%	+0.68%
Average Drawdown Average peak-to-trough decline	-7.91%	-4.14%	-3.77%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.93%	2.83%	+0.10%

Volatility

FEAMX vs. DHAMX - Volatility Comparison

First Eagle Fund of America (FEAMX) has a higher volatility of 4.70% compared to Centre American Select Equity Fund (DHAMX) at 4.43%. This indicates that FEAMX's price experiences larger fluctuations and is considered to be riskier than DHAMX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	FEAMX	DHAMX	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.70%	4.43%	+0.27%
Volatility (6M) Calculated over the trailing 6-month period	9.91%	12.72%	-2.81%
Volatility (1Y) Calculated over the trailing 1-year period	12.44%	16.63%	-4.19%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.80%	17.78%	-1.98%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	17.36%	17.49%	-0.13%

FEAMX vs. DHAMX - Expense Ratio Comparison

FEAMX has a 1.65% expense ratio, which is higher than DHAMX's 1.46% expense ratio.

Dividends

FEAMX vs. DHAMX - Dividend Comparison

FEAMX's dividend yield for the trailing twelve months is around 16.19%, less than DHAMX's 30.09% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
DHAMX Centre American Select Equity Fund	30.09%	36.05%	0.00%	2.58%	1.37%	16.31%	4.52%	9.94%	22.37%	13.14%	3.57%	11.03%
FEAMX First Eagle Fund of America	16.19%	17.24%	15.02%	13.60%	4.42%	21.44%	26.22%	1.16%	35.09%	12.74%	7.87%	3.43%

Frequently Asked Questions

Can I hold both FEAMX and DHAMX in my portfolio?

FEAMX and DHAMX have a correlation of 0.55, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, FEAMX or DHAMX?

FEAMX has higher volatility (4.70%) compared to DHAMX (4.43%). In terms of maximum drawdown, FEAMX dropped -45.04% vs DHAMX's -28.47%.

Which has better risk-adjusted returns?

DHAMX currently has the higher Sharpe Ratio (2.13 vs 1.71), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.