SFGV vs. FEGE

Last updated Jul 7, 2026

SFGV (Sequoia Global Value ETF) and FEGE (First Eagle Global Equity ETF) are both exchange-traded funds - SFGV is a Global Equities fund actively managed by Sequoia, while FEGE is a Large Cap Value Equities fund actively managed by First Eagle. Both are actively managed. Over the past year, SFGV returned 22.23% vs 24.26% for FEGE. Their correlation of 0.84 suggests significant overlap in exposure. SFGV charges 0.33%/yr vs 0.50%/yr for FEGE.

Performance

SFGV vs. FEGE - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Sequoia Global Value ETF (SFGV) and First Eagle Global Equity ETF (FEGE). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, SFGV achieves a 13.41% return, which is significantly higher than FEGE's 8.96% return.

SFGV

• 1D: 0.71%
• 1M: 2.71%
• 6M: 11.36%
• YTD: 13.41%
• 1Y: 22.23%
• 3Y*: —
• 5Y*: —
• 10Y*: —

FEGE

• 1D: 0.68%
• 1M: 2.06%
• 6M: 6.28%
• YTD: 8.96%
• 1Y: 24.26%
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

SFGV vs. FEGE - Yearly Performance Comparison

	2026 (YTD)	2025	2024
SFGV Sequoia Global Value ETF	13.41%	18.84%	0.76%
FEGE First Eagle Global Equity ETF	8.96%	34.19%	-1.43%

Correlation

The correlation between SFGV and FEGE is 0.85, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.85
Correlation (All Time) Calculated using the full available price history since Dec 20, 2024	0.84

The correlation between SFGV and FEGE has been stable across timeframes, ranging from 0.84 to 0.85 - a consistent structural relationship.

SFGV vs. FEGE - Sectors Allocation Comparison

Sectors	SFGV	FEGE
Financial Services	45.9%	11.6%
Industrials	11.1%	9.8%
Consumer Cyclical	10.4%	6.5%
Healthcare	9.1%	11.6%
Technology	6.6%	16.1%
Consumer Defensive	6.6%	14.8%
Energy	5.1%	8.2%
Basic Materials	3.5%	9.0%
Communication Services	1.5%	8.4%
Real Estate	0.2%	3.9%
Utilities	0.0%	-

Return for Risk

SFGV vs. FEGE — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

SFGV

SFGV Risk / Return Rank: 70
SFGV Sharpe Ratio Rank: 73
SFGV Sortino Ratio Rank: 75
SFGV Omega Ratio Rank: 71
SFGV Calmar Ratio Rank: 65
SFGV Martin Ratio Rank: 67

FEGE

FEGE Risk / Return Rank: 63
FEGE Sharpe Ratio Rank: 73
FEGE Sortino Ratio Rank: 69
FEGE Omega Ratio Rank: 67
FEGE Calmar Ratio Rank: 54
FEGE Martin Ratio Rank: 51

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.

SFGV vs. FEGE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Sequoia Global Value ETF (SFGV) and First Eagle Global Equity ETF (FEGE). 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.

	SFGV	FEGE	Difference
Sharpe ratio: Return per unit of total volatility	1.91	1.92	0.00
Sortino ratio: Return per unit of downside risk	2.78	2.58	+0.20
Omega ratio: Gain probability vs. loss probability	1.35	1.33	+0.02
Calmar ratio: Return relative to maximum drawdown	2.67	2.22	+0.45
Martin ratio: Return relative to average drawdown	9.95	7.25	+2.69

SFGV vs. FEGE - Sharpe Ratio Comparison

The current SFGV Sharpe Ratio is 1.91, which is comparable to the FEGE Sharpe Ratio of 1.92. The chart below compares the historical Sharpe Ratios of SFGV and FEGE, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

SFGV vs. FEGE - Drawdown Comparison

The maximum SFGV drawdown since its inception was -14.51%, which is greater than FEGE's maximum drawdown of -11.13%. Use the drawdown chart below to compare losses from any high point for SFGV and FEGE.

Drawdown Indicators

	SFGV	FEGE	Difference
Max Drawdown Largest peak-to-trough decline	-14.51%	-11.13%	-3.38%
Max Drawdown (1Y) Largest decline over 1 year	-8.36%	-10.96%	+2.60%
Current Drawdown Current decline from peak	0.00%	-2.56%	+2.56%
Average Drawdown Average peak-to-trough decline	-1.85%	-1.84%	-0.01%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.24%	3.36%	-1.12%

Volatility

SFGV vs. FEGE - Volatility Comparison

The current volatility for Sequoia Global Value ETF (SFGV) is 3.22%, while First Eagle Global Equity ETF (FEGE) has a volatility of 4.20%. This indicates that SFGV experiences smaller price fluctuations and is considered to be less risky than FEGE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	SFGV	FEGE	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.22%	4.20%	-0.98%
Volatility (6M) Calculated over the trailing 6-month period	8.89%	10.57%	-1.68%
Volatility (1Y) Calculated over the trailing 1-year period	11.69%	12.74%	-1.05%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	13.18%	14.59%	-1.41%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	13.18%	14.59%	-1.41%

SFGV vs. FEGE - Expense Ratio Comparison

SFGV has a 0.33% expense ratio, which is lower than FEGE's 0.50% expense ratio.

Dividends

SFGV vs. FEGE - Dividend Comparison

SFGV's dividend yield for the trailing twelve months is around 2.35%, more than FEGE's 1.17% yield.

Position	TTM	2025	2024
FEGE First Eagle Global Equity ETF	1.17%	1.28%	0.00%
SFGV Sequoia Global Value ETF	2.35%	2.52%	2.23%

Frequently Asked Questions

Can I hold both SFGV and FEGE in my portfolio?

SFGV and FEGE have a correlation of 0.85, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, SFGV or FEGE?

FEGE has higher volatility (4.20%) compared to SFGV (3.22%). In terms of maximum drawdown, SFGV dropped -14.51% vs FEGE's -11.13%.

Which ETF is better, SFGV or FEGE?

On 1-year performance, FEGE leads with 24.26% vs 22.23% for SFGV. On fees, SFGV is cheaper at 0.33% per year. On volatility, SFGV has been the lower-risk option at 3.22%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, SFGV or FEGE?

Over the 1-year period, FEGE has performed better with a 24.26% return vs 22.23%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, SFGV or FEGE?

SFGV is cheaper with a 0.33% expense ratio, compared with 0.50% for FEGE.

Which ETF pays a higher dividend yield, SFGV or FEGE?

SFGV has the higher dividend yield at 2.35%, compared with 1.17% for FEGE.

What is the main difference between SFGV and FEGE?

SFGV is categorized as Global Equities, while FEGE is Large Cap Value Equities. They also come from different issuers: Sequoia and First Eagle. Their fees differ too: 0.33% for SFGV and 0.50% for FEGE.

Which has better risk-adjusted returns?

FEGE currently has the higher Sharpe Ratio (1.92 vs 1.91), 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.