FEGIX vs. GLD
Compare and contrast key facts about First Eagle Gold Fund Class I (FEGIX) and SPDR Gold Shares (GLD).
FEGIX is managed by First Eagle. It was launched on Aug 31, 1993. GLD is a passively managed fund by State Street that tracks the performance of the LBMA Gold Price PM. It was launched on Nov 18, 2004.
Performance
FEGIX vs. GLD - Performance Comparison
Loading graphics...
FEGIX vs. GLD - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
FEGIX First Eagle Gold Fund Class I | 2.63% | 128.89% | 10.57% | 7.24% | -1.31% | -7.54% | 30.00% | 38.98% | -15.69% | 8.44% |
GLD SPDR Gold Shares | 8.57% | 63.68% | 26.66% | 12.69% | -0.77% | -4.15% | 24.81% | 17.86% | -1.94% | 12.81% |
Returns By Period
In the year-to-date period, FEGIX achieves a 2.63% return, which is significantly lower than GLD's 8.57% return. Over the past 10 years, FEGIX has outperformed GLD with an annualized return of 15.86%, while GLD has yielded a comparatively lower 13.92% annualized return.
FEGIX
- 1D
- -0.12%
- 1M
- -22.39%
- YTD
- 2.63%
- 6M
- 19.07%
- 1Y
- 78.51%
- 3Y*
- 35.94%
- 5Y*
- 22.88%
- 10Y*
- 15.86%
GLD
- 1D
- 3.79%
- 1M
- -11.05%
- YTD
- 8.57%
- 6M
- 21.05%
- 1Y
- 49.33%
- 3Y*
- 32.92%
- 5Y*
- 21.58%
- 10Y*
- 13.92%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
FEGIX vs. GLD - Expense Ratio Comparison
FEGIX has a 0.96% expense ratio, which is higher than GLD's 0.40% expense ratio.
Return for Risk
FEGIX vs. GLD — Risk / Return Rank
FEGIX
GLD
FEGIX vs. GLD - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for First Eagle Gold Fund Class I (FEGIX) and SPDR Gold Shares (GLD). 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.
| FEGIX | GLD | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 2.07 | 1.79 | +0.29 |
Sortino ratioReturn per unit of downside risk | 2.33 | 2.21 | +0.12 |
Omega ratioGain probability vs. loss probability | 1.36 | 1.33 | +0.03 |
Calmar ratioReturn relative to maximum drawdown | 2.97 | 2.68 | +0.29 |
Martin ratioReturn relative to average drawdown | 11.00 | 9.90 | +1.09 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading graphics...
Sharpe Ratios by Period
| FEGIX | GLD | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.07 | 1.79 | +0.29 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.82 | 1.22 | -0.40 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.59 | 0.88 | -0.29 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.34 | 0.62 | -0.28 |
Correlation
The correlation between FEGIX and GLD is 0.81, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Dividends
FEGIX vs. GLD - Dividend Comparison
FEGIX's dividend yield for the trailing twelve months is around 1.16%, while GLD has not paid dividends to shareholders.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
FEGIX First Eagle Gold Fund Class I | 1.16% | 1.19% | 5.31% | 1.08% | 0.00% | 1.19% | 1.48% | 0.09% |
GLD SPDR Gold Shares | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
FEGIX vs. GLD - Drawdown Comparison
The maximum FEGIX drawdown since its inception was -70.38%, which is greater than GLD's maximum drawdown of -45.56%. Use the drawdown chart below to compare losses from any high point for FEGIX and GLD.
Loading graphics...
Drawdown Indicators
| FEGIX | GLD | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -70.38% | -45.56% | -24.82% |
Max Drawdown (1Y)Largest decline over 1 year | -26.66% | -19.21% | -7.45% |
Max Drawdown (5Y)Largest decline over 5 years | -33.95% | -21.03% | -12.92% |
Max Drawdown (10Y)Largest decline over 10 years | -41.84% | -22.00% | -19.84% |
Current DrawdownCurrent decline from peak | -22.73% | -13.23% | -9.50% |
Average DrawdownAverage peak-to-trough decline | -28.82% | -16.17% | -12.65% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 7.21% | 5.20% | +2.01% |
Volatility
FEGIX vs. GLD - Volatility Comparison
First Eagle Gold Fund Class I (FEGIX) has a higher volatility of 13.89% compared to SPDR Gold Shares (GLD) at 11.06%. This indicates that FEGIX's price experiences larger fluctuations and is considered to be riskier than GLD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| FEGIX | GLD | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 13.89% | 11.06% | +2.83% |
Volatility (6M)Calculated over the trailing 6-month period | 32.49% | 24.30% | +8.19% |
Volatility (1Y)Calculated over the trailing 1-year period | 38.59% | 27.80% | +10.79% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 28.11% | 17.74% | +10.37% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 27.16% | 15.87% | +11.29% |