FEMD vs. FEOE
FEMD (First Eagle Mid Cap Equity ETF) and FEOE (First Eagle Overseas Equity ETF) are both exchange-traded funds - FEMD is a Mid Cap Value Equities fund actively managed by First Eagle, while FEOE is a Foreign Large Cap Equities fund actively managed by First Eagle. Both are actively managed. Their 0.62 correlation means they have sometimes moved together and sometimes differently. FEMD charges 0.55%/yr vs 0.50%/yr for FEOE.
Performance
FEMD vs. FEOE - Performance Comparison
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Returns By Period
FEMD
- 1D
- 0.16%
- 1M
- -1.30%
- 6M
- 4.95%
- YTD
- —
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- —
FEOE
- 1D
- -0.93%
- 1M
- 2.84%
- 6M
- 7.81%
- YTD
- 14.41%
- 1Y
- 33.53%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- 34.16%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $8.87K | $45.86K | $51.46K | |
| $12.42M | $12.85M | $12.91M |
FEMD vs. FEOE - Yearly Performance Comparison
| 2026 (YTD) | |
|---|---|
FEMD First Eagle Mid Cap Equity ETF | 3.90% |
FEOE First Eagle Overseas Equity ETF | 6.98% |
Correlation
The correlation between FEMD and FEOE is 0.62, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Jan 27, 2026 | 0.62 |
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Return for Risk
FEMD vs. FEOE — Risk / Return Rank
FEMD
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
FEOE
FEMD vs. FEOE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for First Eagle Mid Cap Equity ETF (FEMD) and First Eagle Overseas Equity ETF (FEOE). 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.
| FEMD | FEOE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | — | 1.40 | — |
| Calmar ratioReturn relative to maximum drawdown | — | 2.80 | — |
| Martin ratioReturn relative to average drawdown | — | 9.26 | — |
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Drawdowns
FEMD vs. FEOE - Drawdown Comparison
The maximum FEMD drawdown since its inception was -11.51%, smaller than the maximum FEOE drawdown of -12.27%. Use the drawdown chart below to compare losses from any high point for FEMD and FEOE.
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Drawdown Indicators
| FEMD | FEOE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -11.51% | -12.27% | +0.76% |
Max Drawdown (1Y)Largest decline over 1 year | — | -12.27% | — |
Current DrawdownCurrent decline from peak | -5.39% | -0.93% | -4.46% |
Average DrawdownAverage peak-to-trough decline | -3.42% | -1.95% | -1.47% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 3.70% | — |
Volatility
FEMD vs. FEOE - Volatility Comparison
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Volatility by Period
| FEMD | FEOE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 3.92% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 13.27% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 20.02% | 15.23% | +4.79% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 20.02% | 15.66% | +4.36% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 20.02% | 15.66% | +4.36% |
FEMD vs. FEOE - Expense Ratio Comparison
FEMD has a 0.55% expense ratio, which is higher than FEOE's 0.50% expense ratio.
Dividends
FEMD vs. FEOE - Dividend Comparison
FEMD has not paid dividends to shareholders, while FEOE's dividend yield for the trailing twelve months is around 1.33%.
| Position | TTM | 2025 |
|---|---|---|
FEMD First Eagle Mid Cap Equity ETF | 0.00% | 0.00% |
FEOE First Eagle Overseas Equity ETF | 1.33% | 1.53% |
Frequently Asked Questions
FEMD and FEOE have a correlation of 0.62, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, FEOE is cheaper at 0.50% per year. The better choice depends on whether you care most about return, fees, risk, or income.
FEOE is cheaper with a 0.50% expense ratio, compared with 0.55% for FEMD.
FEOE has the higher dividend yield at 1.33%, compared with 0.00% for FEMD.
FEMD is categorized as Mid Cap Value Equities, while FEOE is Foreign Large Cap Equities. Their fees differ too: 0.55% for FEMD and 0.50% for FEOE.
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