PortfoliosLab logoPortfoliosLab logo

Documentation

Upgrade your plan
FPAG vs. IUSG
Performance
Return for Risk
Dividends
Drawdowns
Volatility

FPAG vs. IUSG

Last updated Apr 2, 2026

Compare and contrast key facts about FPA Global Equity ETF (FPAG) and iShares Core S&P U.S. Growth ETF (IUSG).

FPAG and IUSG are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. FPAG is an actively managed fund by FPA. It was launched on Dec 16, 2021. IUSG is a passively managed fund by iShares that tracks the performance of the Russell 3000 Growth Index. It was launched on Jul 24, 2000.

Performance

FPAG vs. IUSG - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in FPA Global Equity ETF (FPAG) and iShares Core S&P U.S. Growth ETF (IUSG). The values are adjusted to include any dividend payments, if applicable.

Loading graphics...

FPAG vs. IUSG - Yearly Performance Comparison

2026 (YTD)20252024202320222021
FPAG
FPA Global Equity ETF		-1.48%25.17%15.64%29.55%-17.87%2.93%
IUSG
iShares Core S&P U.S. Growth ETF		-6.29%21.23%34.70%29.28%-28.81%3.28%

Returns By Period

In the year-to-date period, FPAG achieves a -1.48% return, which is significantly higher than IUSG's -6.29% return.

FPAG

1D
0.74%
1M
-6.59%
YTD
-1.48%
6M
2.35%
1Y
23.55%
3Y*
19.25%
5Y*
—
10Y*
—

IUSG

1D
1.35%
1M
-4.30%
YTD
-6.29%
6M
-4.63%
1Y
23.27%
3Y*
21.89%
5Y*
12.17%
10Y*
15.66%
*Multi-year figures are annualized to reflect compound growth (CAGR)

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

FPA Global Equity ETF

iShares Core S&P U.S. Growth ETF

Often compared with FPAG:
FPAG vs. VTIFPAG vs. FPACXFPAG vs. AVDEFPAG vs. VOOFPAG vs. AVDVFPAG vs. FMIJXFPAG vs. DFAI
Often compared with IUSG:
IUSG vs. IUSVIUSG vs. SCHGIUSG vs. VUGIUSG vs. IVWIUSG vs. QQQIUSG vs. IVVIUSG vs. VOOG

FPAG vs. IUSG - Expense Ratio Comparison

FPAG has a 0.49% expense ratio, which is higher than IUSG's 0.04% expense ratio.

FPAG
FPA Global Equity ETF
IUSG
iShares Core S&P U.S. Growth ETF

Return for Risk

FPAG vs. IUSG — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
FPAG
FPAG Risk / Return Rank: 6868
Overall Rank
FPAG Sharpe Ratio Rank: 6666
Sharpe Ratio Rank
FPAG Sortino Ratio Rank: 6969
Sortino Ratio Rank
FPAG Omega Ratio Rank: 6969
Omega Ratio Rank
FPAG Calmar Ratio Rank: 7070
Calmar Ratio Rank
FPAG Martin Ratio Rank: 6666
Martin Ratio Rank
IUSG
IUSG Risk / Return Rank: 6464
Overall Rank
IUSG Sharpe Ratio Rank: 5858
Sharpe Ratio Rank
IUSG Sortino Ratio Rank: 6363
Sortino Ratio Rank
IUSG Omega Ratio Rank: 6161
Omega Ratio Rank
IUSG Calmar Ratio Rank: 7070
Calmar Ratio Rank
IUSG Martin Ratio Rank: 6969
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

FPAG vs. IUSG - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for FPA Global Equity ETF (FPAG) and iShares Core S&P U.S. Growth ETF (IUSG). 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.

FPAGIUSGDifference

Sharpe ratio

Return per unit of total volatility

1.21

1.06

+0.15

Sortino ratio

Return per unit of downside risk

1.80

1.64

+0.16

Omega ratio

Gain probability vs. loss probability

1.26

1.23

+0.03

Calmar ratio

Return relative to maximum drawdown

1.92

1.87

+0.05

Martin ratio

Return relative to average drawdown

7.02

7.25

-0.23

Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

FPAG vs. IUSG - Sharpe Ratio Comparison

The current FPAG Sharpe Ratio is 1.21, which is comparable to the IUSG Sharpe Ratio of 1.06. The chart below compares the historical Sharpe Ratios of FPAG and IUSG, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Loading graphics...

Sharpe Ratios by Period

FPAGIUSGDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

1.21

1.06

+0.15

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

—

0.59

—

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

—

0.77

—

Sharpe Ratio (All Time)

Calculated using the full available price history

0.57

0.35

+0.22

Correlation

The correlation between FPAG and IUSG is 0.83, 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

FPAG vs. IUSG - Dividend Comparison

FPAG's dividend yield for the trailing twelve months is around 1.54%, more than IUSG's 0.57% yield.

TTM20252024202320222021202020192018201720162015
FPAG
FPA Global Equity ETF		1.54%1.99%1.42%1.51%1.22%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
IUSG
iShares Core S&P U.S. Growth ETF		0.57%0.53%0.59%1.12%1.07%0.59%0.93%1.64%1.32%1.28%1.48%1.29%

Drawdowns

FPAG vs. IUSG - Drawdown Comparison

The maximum FPAG drawdown since its inception was -28.43%, smaller than the maximum IUSG drawdown of -63.41%. Use the drawdown chart below to compare losses from any high point for FPAG and IUSG.

Loading graphics...

Drawdown Indicators

FPAGIUSGDifference

Max Drawdown

Largest peak-to-trough decline

-28.43%

-63.41%

+34.98%

Max Drawdown (1Y)

Largest decline over 1 year

-12.31%

-13.07%

+0.76%

Max Drawdown (5Y)

Largest decline over 5 years

—

-32.21%

—

Max Drawdown (10Y)

Largest decline over 10 years

—

-32.35%

—

Current Drawdown

Current decline from peak

-8.53%

-8.34%

-0.19%

Average Drawdown

Average peak-to-trough decline

-6.51%

-21.57%

+15.06%

Ulcer Index

Depth and duration of drawdowns from previous peaks

3.37%

3.37%

0.00%

Volatility

FPAG vs. IUSG - Volatility Comparison

The current volatility for FPA Global Equity ETF (FPAG) is 6.47%, while iShares Core S&P U.S. Growth ETF (IUSG) has a volatility of 7.27%. This indicates that FPAG experiences smaller price fluctuations and is considered to be less risky than IUSG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Loading graphics...

Volatility by Period

FPAGIUSGDifference

Volatility (1M)

Calculated over the trailing 1-month period

6.47%

7.27%

-0.80%

Volatility (6M)

Calculated over the trailing 6-month period

11.03%

12.59%

-1.56%

Volatility (1Y)

Calculated over the trailing 1-year period

19.56%

22.05%

-2.49%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

19.50%

20.83%

-1.33%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

19.50%

20.34%

-0.84%