FEAMX vs. FEBIX
FEAMX (First Eagle Fund of America) and FEBIX (First Eagle Global Income Builder Fund) are both mutual funds - FEAMX is a Large Cap Blend Equities fund managed by First Eagle, while FEBIX is a Global Allocation fund managed by First Eagle. Over the past 10 years, FEAMX returned 9.03%/yr vs 9.19%/yr for FEBIX. A 0.71 correlation means they provide meaningful diversification when combined. FEAMX charges 1.65%/yr vs 0.93%/yr for FEBIX.
Performance
FEAMX vs. FEBIX - Performance Comparison
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Returns By Period
In the year-to-date period, FEAMX achieves a 6.71% return, which is significantly lower than FEBIX's 7.68% return. Both investments have delivered pretty close results over the past 10 years, with FEAMX having a 9.03% annualized return and FEBIX not far ahead at 9.19%.
FEAMX
- 1D
- 0.00%
- 1M
- -1.87%
- YTD
- 6.71%
- 6M
- 6.98%
- 1Y
- 25.00%
- 3Y*
- 18.91%
- 5Y*
- 10.92%
- 10Y*
- 9.03%
FEBIX
- 1D
- 0.18%
- 1M
- -0.89%
- YTD
- 7.68%
- 6M
- 8.52%
- 1Y
- 21.26%
- 3Y*
- 15.78%
- 5Y*
- 10.43%
- 10Y*
- 9.19%
FEAMX vs. FEBIX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
FEAMX First Eagle Fund of America | 6.71% | 22.95% | 21.26% | 21.30% | -19.90% | 19.13% | 7.00% | 27.41% | -24.23% | 20.85% |
FEBIX First Eagle Global Income Builder Fund | 7.68% | 28.34% | 9.57% | 8.66% | -3.33% | 11.92% | 4.87% | 15.13% | -6.16% | 13.29% |
Correlation
The correlation between FEAMX and FEBIX is 0.68, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.68 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.71 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.72 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.72 |
Correlation (All Time) Calculated using the full available price history since May 1, 2012 | 0.71 |
The correlation between FEAMX and FEBIX has been stable across timeframes, ranging from 0.68 to 0.72 - a consistent structural relationship.
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Return for Risk
FEAMX vs. FEBIX — Risk / Return Rank
FEAMX
FEBIX
FEAMX vs. FEBIX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for First Eagle Fund of America (FEAMX) and First Eagle Global Income Builder Fund (FEBIX). 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 | FEBIX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.30 | ||
| Sortino ratioReturn per unit of downside risk | -0.39 | ||
| Omega ratioGain probability vs. loss probability | 1.37 | 1.44 | -0.07 |
| Calmar ratioReturn relative to maximum drawdown | 2.40 | 2.41 | 0.00 |
| Martin ratioReturn relative to average drawdown | 9.57 | 7.60 | +1.97 |
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Drawdowns
FEAMX vs. FEBIX - Drawdown Comparison
The maximum FEAMX drawdown since its inception was -45.04%, which is greater than FEBIX's maximum drawdown of -23.05%. Use the drawdown chart below to compare losses from any high point for FEAMX and FEBIX.
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Drawdown Indicators
| FEAMX | FEBIX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -45.04% | -23.05% | -21.99% |
Max Drawdown (1Y)Largest decline over 1 year | -10.07% | -8.63% | -1.44% |
Max Drawdown (3Y)Largest decline over 3 years | -12.58% | -8.63% | -3.95% |
Max Drawdown (5Y)Largest decline over 5 years | -28.89% | -15.79% | -13.10% |
Max Drawdown (10Y)Largest decline over 10 years | -40.30% | -23.05% | -17.25% |
Current DrawdownCurrent decline from peak | -4.31% | -4.10% | -0.21% |
Average DrawdownAverage peak-to-trough decline | -7.92% | -2.87% | -5.05% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.52% | 2.73% | -0.21% |
Volatility
FEAMX vs. FEBIX - Volatility Comparison
First Eagle Fund of America (FEAMX) has a higher volatility of 4.34% compared to First Eagle Global Income Builder Fund (FEBIX) at 2.73%. This indicates that FEAMX's price experiences larger fluctuations and is considered to be riskier than FEBIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| FEAMX | FEBIX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.34% | 2.73% | +1.61% |
Volatility (6M)Calculated over the trailing 6-month period | 9.25% | 7.57% | +1.68% |
Volatility (1Y)Calculated over the trailing 1-year period | 11.75% | 8.82% | +2.93% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 15.72% | 9.02% | +6.70% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 17.44% | 9.27% | +8.17% |
FEAMX vs. FEBIX - Expense Ratio Comparison
FEAMX has a 1.65% expense ratio, which is higher than FEBIX's 0.93% expense ratio.
Dividends
FEAMX vs. FEBIX - Dividend Comparison
FEAMX's dividend yield for the trailing twelve months is around 16.21%, more than FEBIX's 4.73% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FEAMX First Eagle Fund of America | 16.21% | 17.24% | 15.02% | 13.60% | 4.42% | 21.44% | 26.22% | 1.16% | 35.09% | 12.74% | 7.87% | 3.43% |
FEBIX First Eagle Global Income Builder Fund | 4.73% | 5.72% | 6.72% | 3.52% | 3.28% | 8.31% | 3.21% | 2.72% | 2.70% | 2.77% | 3.38% | 3.65% |
Frequently Asked Questions
FEAMX and FEBIX have a correlation of 0.68, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
FEAMX has higher volatility (4.34%) compared to FEBIX (2.73%). In terms of maximum drawdown, FEAMX dropped -45.04% vs FEBIX's -23.05%.
FEBIX currently has the higher Sharpe Ratio (2.35 vs 2.06), 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.
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