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FEGE

GradeBNew York Stock Exchange

First Eagle Global Equity ETF

Active Equity · First Eagle · Inception 2024-12-19

$51.33−0.55 (−1.06%)

As of Sep 23, 2026, 2:19 PM EDT

History starts Dec 20, 2024.
Intraday session: down, 52 prints from 51.88 to 51.33. Range 51.22 to 51.55. Use the arrow keys to read each point.$51.20$51.40$51.5010 AM12 PM2 PM4 PM
Expense ratio
0.79%
Fund size
$2.5B
1Y return
+18.9%
Yield · Last 12 months
Data unavailable
Holdings
96
Volume · 30D
0.3M sh
NAV per share
$51.29
52W range
low $43.38high $53.52

The ETF.net FEGE Grade

B

63/ 100

Rank 4 of 15 in Global Active Value⁠

Confidence Medium

Six-pillar profile for FEGE. Scores out of 100: Cost 57, Risk 47, Mission not scored, Tradability 74, Holdings 86, Durability 77. Strongest: Holdings (86). Weakest: Risk (47). Based on 5 of 6 pillars.
F< 25
D≥ 25
C≥ 40
B≥ 55
A≥ 70

Score 63 of 100 sits in the B band. Bands: A ≥ 70, B ≥ 55, C ≥ 40, D ≥ 25, F < 25; the scale skips E.

  • Cost

    What you pay to own it — the expense ratio plus trading frictions, ranked within its category.
    BScore 57
    Category rank7/15 · top 47%

  • Mission

    How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.
    Not scored
    —

  • Risk

    How violently it can move — volatility, drawdown depth, and downside capture versus its category.
    CScore 47
    Category rank8/13 · mid-pack

  • Tradability

    How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.
    AScore 74
    Category rank2/15 · top 13%

  • Holdings

    What it actually owns — the quality, breadth, and concentration of the underlying portfolio.
    AScore 86
    Category rank1/13 · top 8%

  • Durability

    Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.
    AScore 77
    Category rank4/15 · top 27%

Graded as of Sep 22, 2026 · Based on 5 of 6 pillars

Our read on FEGE

ETF.net Research

BFirst Eagle's global value discipline in an ETF wrapper since December 2024, with the "global" written into the rules: at least 40% of assets outside the US, spread across three or more non-US countries.

Stated mandate

The Fund seeks long-term growth of capital by investing primarily in equities of U.S. and non-U.S. issuers.

Why people hold it

  1. 01Charges 0.50% a year, below the 0.63% median for its active global value peer group. Modest for a fund run by analysts rather than a screen.
  2. 02Global isn't left to a manager's mood. The prospectus requires at least 80% in equities, at least 40% of assets outside the US, and issuers from three or more non-US countries.sec.gov
  3. 03Active, not index-hugging: MSCI World is the yardstick, not the shopping list, so the book can look very different from the benchmark's mega-cap core.firsteagle.com
  4. 04Already a multi-billion-dollar fund and one of the stronger implementations in a thin field of active global value ETFs.

Worth knowing

  1. 01Launched in December 2024, so the ETF's own live record is short and risk readings rest on limited history.
  2. 02A value portfolio with a required non-US minimum can move very differently from a US-heavy world index, and currency swings ride along.sec.gov
  3. 03Systematic value costs less: peer AVGV charges 0.28%. The extra fee here buys human judgment on which cheap stocks are worth owning.

FEGE Holdings

As of Sep 21, 2026, 4:09 AM
Asset class
Stocks
Holdings
96
Top-10 weight
22%
Largest holding
005930.KS2.9%

Sectors

  • Cons. Staples15.1%
  • Technology14.6%
  • Health Care12.9%
  • Financials12.4%
  • Materials9.9%
  • Energy8.3%
  • Communication8.3%
  • Industrials7.7%
  • Consumer Discr.7.2%
  • Real Estate3.6%

Geography

  • United States46.88%
  • United Kingdom11.07%
  • Canada8.36%
  • Japan7.21%
  • France3.84%
  • Switzerland3.83%
  • South Korea3.16%
  • Mexico2.94%
  • Other countries (9)12.70%

Developed 81% · Emerging 19% of the foreign sleeve

The fund’s holdings, weight-ordered — page 1 of 7.
#TickerCompanyWeight %SharesMarket valueIn ETFs
001005930.KSSamsung Electronics Co Ltd2.92%388,508$73M176
002BDXBecton Dickinson & Co2.75%382,662$69M149
003GOOGAlphabet Inc2.57%187,888$65M471
004BATS.LBritish American Tobacco PLC2.38%1,064,281$60M145
005METAMeta Platforms Inc2.01%76,169$51M683
006ELVELEVANCE HEALTH INC1.95%119,270$49M156
007CRMSalesforce Inc1.94%205,552$49M457
008WDAYWorkday Inc1.94%252,252$49M389
009ADPAutomatic Data Processing Inc1.67%155,038$42M434
010HCAHCA Healthcare Inc1.61%94,514$40M297
011SLBSLB Ltd1.57%773,876$40M233
012SHELL.ASShell PLC1.54%818,220$39M4
013FNV.TOFranco-Nevada Corp1.54%145,304$39M83
014MDTMedtronic PLC1.53%416,419$38M262
015WPMWheaton Precious Metals Corp1.52%252,753$38M39

Showing 1–15 of 97 holdings

FEGE Performance

Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.

FEGE$11,886
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$11,723
Sep 22, 2025 to Sep 22, 2026. FEGE $11,886. SPY $11,723. Use the arrow keys to read each point.$9,314$10,889$12,463Sep 2025Mar 2026Sep 2026

Sep 22, 2025 – Sep 22, 2026

Returns run to the Sep 22, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.

Trailing total return for FEGE. Periods over one year show the average yearly return.
PeriodFEGE
Year to date+12.7%
1 month−2.4%
3 months+6.2%
1 year+18.9%
3 yearsFund is under 3 years old—per year
5 yearsFund is under 5 years old—per year
10 yearsFund is under 10 years old—per year

As of the close, with distributions reinvested.

Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.

Annual total returns for FEGE
YearReturn barFEGE
2026 YTD+12.7%
2025+34.2%
2024−1.1%

History from Dec 20, 2024

FEGE in the news

ETF.net Research hasn’t filed on FEGE yet — coverage lands here as it’s written.

FEGE Dividends

Adds up every distribution paid per share over the last 12 months, divided by the last completed close. Distributions are counted by ex-date. Data through Sep 22, 2026.
Data unavailableLast 12 months
Payout per share
Data unavailableLast 12 months
Last payment
$0.59 per share
Paid on
Shares bought on or after this date do not qualify for this distribution.
Frequency
Irregular

Distribution data unavailable.

Distribution history

2025–2026

One bar per payment. 1 payment from 2025 to 2026 YTD. Dec 30, 2025 $0.59. Use the arrow keys to read each point.20252026YTD
Ex-datePay dateAmount per share
Dec 30, 2025Dec 31, 2025$0.59

FEGE Risk

How much the fund’s monthly returns vary, scaled to a year.
11.9%
Annualised · 20 months to Aug 2026
How it’s calculated: standard deviation

The sample standard deviation of monthly total returns, multiplied by the square root of 12.

Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.

Return above 3-month US Treasury bills per unit of volatility.
1.94
vs 3-month T-bills · 20 months to Aug 2026
How it’s calculated: Sharpe ratio

Subtract each month’s Treasury-bill return from the fund’s monthly total return.

Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.

Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.

The largest fall from a peak to the low that followed.
−11.1%
21 months · trough Apr 2025
How it’s calculated: maximum drawdown

The largest percentage decline from an earlier peak, using total returns with reinvested distributions.

Uses up to five years through the last close, with at least 12 months required.

How strongly the fund’s returns move with its asset-class index.
0.50
vs its asset-class index
How it’s calculated: beta

The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.

FEGE Cost

Expense ratio0.79%
  • The middle half of Global Active Value funds
  • Median 0.85%

6 of the 15 Global Active Value funds charge less.

FEGE costs $79.00 a year on $10,000. The median Global Active Value fund costs $85.00.