FEOE vs. SLQD
FEOE (First Eagle Overseas Equity ETF) and SLQD (iShares 0-5 Year Investment Grade Corporate Bond ETF) are both exchange-traded funds - FEOE is a Foreign Large Cap Equities fund actively managed by First Eagle, while SLQD is a Corporate Bonds fund tracking the Markit iBoxx USD Liquid Investment Grade 0-5 Index. FEOE is actively managed, while SLQD is passively managed. Over the past year, FEOE returned 28.76% vs 4.49% for SLQD. At a 0.38 correlation, their price movements are largely independent. FEOE charges 0.50%/yr vs 0.06%/yr for SLQD.
Performance
FEOE vs. SLQD - Performance Comparison
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Returns By Period
In the year-to-date period, FEOE achieves a 9.27% return, which is significantly higher than SLQD's 0.73% return.
FEOE
- 1D
- 0.52%
- 1M
- -2.63%
- YTD
- 9.27%
- 6M
- 12.69%
- 1Y
- 28.76%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
SLQD
- 1D
- 0.05%
- 1M
- -0.12%
- YTD
- 0.73%
- 6M
- 1.17%
- 1Y
- 4.49%
- 3Y*
- 5.41%
- 5Y*
- 2.48%
- 10Y*
- 2.63%
FEOE vs. SLQD - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
FEOE First Eagle Overseas Equity ETF | 9.27% | 41.33% | -0.42% |
SLQD iShares 0-5 Year Investment Grade Corporate Bond ETF | 0.73% | 6.27% | 0.24% |
Correlation
The correlation between FEOE and SLQD is 0.44, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.44 |
Correlation (All Time) Calculated using the full available price history since Dec 23, 2024 | 0.38 |
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Return for Risk
FEOE vs. SLQD — Risk / Return Rank
FEOE
SLQD
FEOE vs. SLQD - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for First Eagle Overseas Equity ETF (FEOE) and iShares 0-5 Year Investment Grade Corporate Bond ETF (SLQD). 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.
| FEOE | SLQD | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.08 | ||
| Sortino ratioReturn per unit of downside risk | -2.32 | ||
| Omega ratioGain probability vs. loss probability | 1.35 | 1.63 | -0.27 |
| Calmar ratioReturn relative to maximum drawdown | 2.35 | 4.25 | -1.89 |
| Martin ratioReturn relative to average drawdown | 8.29 | 19.25 | -10.96 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| FEOE | SLQD | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.96 | 3.04 | -1.08 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | 1.02 | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.84 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 2.20 | 0.84 | +1.36 |
Drawdowns
FEOE vs. SLQD - Drawdown Comparison
The maximum FEOE drawdown since its inception was -12.27%, roughly equal to the maximum SLQD drawdown of -12.69%. Use the drawdown chart below to compare losses from any high point for FEOE and SLQD.
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Drawdown Indicators
| FEOE | SLQD | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -12.27% | -12.69% | +0.42% |
Max Drawdown (1Y)Largest decline over 1 year | -12.27% | -1.06% | -11.21% |
Max Drawdown (3Y)Largest decline over 3 years | — | -1.06% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -7.63% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -12.69% | — |
Current DrawdownCurrent decline from peak | -5.04% | -0.24% | -4.80% |
Average DrawdownAverage peak-to-trough decline | -1.80% | -0.87% | -0.93% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.48% | 0.23% | +3.25% |
Volatility
FEOE vs. SLQD - Volatility Comparison
First Eagle Overseas Equity ETF (FEOE) has a higher volatility of 4.81% compared to iShares 0-5 Year Investment Grade Corporate Bond ETF (SLQD) at 0.51%. This indicates that FEOE's price experiences larger fluctuations and is considered to be riskier than SLQD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| FEOE | SLQD | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.81% | 0.51% | +4.30% |
Volatility (6M)Calculated over the trailing 6-month period | 12.74% | 1.12% | +11.62% |
Volatility (1Y)Calculated over the trailing 1-year period | 14.78% | 1.49% | +13.29% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 15.80% | 2.44% | +13.36% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 15.80% | 3.14% | +12.66% |
FEOE vs. SLQD - Expense Ratio Comparison
FEOE has a 0.50% expense ratio, which is higher than SLQD's 0.06% expense ratio.
Dividends
FEOE vs. SLQD - Dividend Comparison
FEOE's dividend yield for the trailing twelve months is around 1.40%, less than SLQD's 4.33% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FEOE First Eagle Overseas Equity ETF | 1.40% | 1.53% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
SLQD iShares 0-5 Year Investment Grade Corporate Bond ETF | 4.33% | 4.15% | 3.71% | 2.99% | 2.00% | 1.67% | 2.34% | 2.89% | 2.55% | 1.98% | 1.81% | 1.43% |
Frequently Asked Questions
FEOE and SLQD have a correlation of 0.44, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
FEOE has higher volatility (4.81%) compared to SLQD (0.51%). In terms of maximum drawdown, FEOE dropped -12.27% vs SLQD's -12.69%.
On 1-year performance, FEOE leads with 28.76% vs 4.49% for SLQD. On fees, SLQD is cheaper at 0.06% per year. On volatility, SLQD has been the lower-risk option at 0.51%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 1-year period, FEOE has performed better with a 28.76% return vs 4.49%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
SLQD is cheaper with a 0.06% expense ratio, compared with 0.50% for FEOE.
SLQD has the higher dividend yield at 4.33%, compared with 1.40% for FEOE.
FEOE is categorized as Foreign Large Cap Equities, while SLQD is Corporate Bonds. They also come from different issuers: First Eagle and iShares. Their fees differ too: 0.50% for FEOE and 0.06% for SLQD.
SLQD currently has the higher Sharpe Ratio (3.04 vs 1.96), 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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