FEHIX vs. SPY
Compare and contrast key facts about First Eagle High Income Fund (FEHIX) and SPDR S&P 500 ETF (SPY).
FEHIX is managed by First Eagle. It was launched on Nov 19, 2007. SPY is a passively managed fund by State Street that tracks the performance of the S&P 500 Index. It was launched on Jan 22, 1993.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FEHIX or SPY.
Correlation
The correlation between FEHIX and SPY is 0.32, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
FEHIX vs. SPY - Performance Comparison
Key characteristics
FEHIX:
2.49
SPY:
1.72
FEHIX:
3.45
SPY:
2.33
FEHIX:
1.57
SPY:
1.32
FEHIX:
3.34
SPY:
2.61
FEHIX:
10.26
SPY:
10.82
FEHIX:
1.15%
SPY:
2.03%
FEHIX:
4.77%
SPY:
12.75%
FEHIX:
-18.91%
SPY:
-55.19%
FEHIX:
-1.63%
SPY:
-1.05%
Returns By Period
In the year-to-date period, FEHIX achieves a 0.56% return, which is significantly lower than SPY's 2.95% return. Over the past 10 years, FEHIX has underperformed SPY with an annualized return of 4.45%, while SPY has yielded a comparatively higher 13.13% annualized return.
FEHIX
0.56%
1.74%
1.51%
12.10%
4.66%
4.45%
SPY
2.95%
3.78%
11.68%
23.68%
14.09%
13.13%
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FEHIX vs. SPY - Expense Ratio Comparison
FEHIX has a 0.80% expense ratio, which is higher than SPY's 0.09% expense ratio.
Risk-Adjusted Performance
FEHIX vs. SPY — Risk-Adjusted Performance Rank
FEHIX
SPY
FEHIX vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for First Eagle High Income Fund (FEHIX) and SPDR S&P 500 ETF (SPY). 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.
Dividends
FEHIX vs. SPY - Dividend Comparison
FEHIX's dividend yield for the trailing twelve months is around 5.62%, more than SPY's 1.17% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FEHIX First Eagle High Income Fund | 5.62% | 5.63% | 5.28% | 5.01% | 3.87% | 4.35% | 4.70% | 5.56% | 5.33% | 6.09% | 7.54% | 6.05% |
SPY SPDR S&P 500 ETF | 1.17% | 1.21% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% |
Drawdowns
FEHIX vs. SPY - Drawdown Comparison
The maximum FEHIX drawdown since its inception was -18.91%, smaller than the maximum SPY drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for FEHIX and SPY. For additional features, visit the drawdowns tool.
Volatility
FEHIX vs. SPY - Volatility Comparison
The current volatility for First Eagle High Income Fund (FEHIX) is 1.43%, while SPDR S&P 500 ETF (SPY) has a volatility of 3.45%. This indicates that FEHIX experiences smaller price fluctuations and is considered to be less risky than SPY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.