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Launched

First Eagle Overseas Equity ETF

FEOENYSEFirst EagleA

$55.47+0.37 (+0.67%)

At close: Nov 2, 2026, 4:00 PM ET

A70/ 100

Rank 4 of 18 in International Active Value

A70/100Rank 4 of 18inInternational Active Value
Intraday session: up, 78 prints from 55.10 to 55.47. Range 55.41 to 55.74. Use the arrow keys to read each point.55.2055.3055.6055.7010 AM12 PM2 PM4 PM
Expense ratio
0.50%*
Fund size
$2.06B
1Y total return
+20.4%
Yield · Last 12 months
No data
Holdings
77
Avg volume · 30D
278K sh
52W range
low $45.63high $57.70
Launched

*After a fee waiver that ends Dec 31, 2026. Without it: 0.79%.

The ETF.net FEOE Grade

Based on 5 of 6 pillars

A

Score 70 out of 100

Category
International Active Value⁠
Rank
4 of 18
Six-pillar profile for FEOE. Scores out of 100: Cost 88, Risk 48, Mission not scored, Tradability 73, Holdings 49, Durability 72. Strongest: Cost (88). Weakest: Risk (48). Based on 5 of 6 pillars.

Score 70 of 100 falls in the A band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25.

  • Cost

    The fund’s net expense ratio, ranked against its category.
    A88 out of 100
    Rank 3 of 18

  • Mission

    Whether the fund did what it promised, tested against its stated mandate.
    Not scored

  • Risk

    How the fund held up when markets fell: downside volatility, drawdowns and tail loss.
    C48 out of 100
    Rank 12 of 18

  • Tradability

    How easy the fund is to trade: daily volume, and how far its price strays from net asset value.
    A73 out of 100
    Rank 4 of 18

  • Holdings

    How concentrated the fund is, and how complete and current its disclosed holdings are.
    C49 out of 100
    Rank 11 of 17

  • Durability

    Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.
    A72 out of 100
    Rank 6 of 18

Our read on FEOE

ETF.net Research

In short

AFirst Eagle has run this overseas value playbook as a mutual fund since 1993; the ETF version landed in December 2024. Active picking of non-US companies the team judges underpriced, with MSCI EAFE as the yardstick, for 0.50% a year.

Stated mandate

The Fund seeks long-term capital growth by investing mainly in equities issued by companies outside the United States.

Why people hold it

  • 0.50% a year, below the median for active international value ETFs and a hair under JPMorgan's JIVE at 0.55%.
  • The house style isn't new. First Eagle's Overseas mutual fund has run this value discipline since 1993; the ETF is the equity-focused expression of it.firsteagle.comfirsteagle.com 2
  • MSCI EAFE is the yardstick, not the blueprint. Managers buy non-US companies they judge underpriced, so the portfolio can look nothing like the index.firsteagle.com
  • The firm's gold streak carries over: its first shareholder report lists gold-related names such as Wheaton Precious Metals among the fund's contributors.firsteagle.com

Worth knowing

  • Launched December 2024, so the ETF's own live record is short, however long the strategy has run in other wrappers.
  • Stock picking costs more than the systematic route to the same corner: AVIV charges 0.25% and AVDV 0.36%.
  • Value hunting abroad means stretches out of step with EAFE, and gold-related holdings have historically swung harder than broad equities.firsteagle.com

FEOE Performance

Launched Dec 19, 2024

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

Not enough history yet.Not enough history yet.Not enough history yet.
FEOE$12,038
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$11,199
Oct 31, 2025 to Oct 30, 2026. FEOE $12,038. SPY $11,199. Use the arrow keys to read each point.$10,000$11,000$12,000Oct 2025Apr 2026Oct 2026

Oct 31, 2025 – Oct 30, 2026

Returns run to the Oct 30, 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 FEOE. Periods over one year show the average yearly return.
PeriodFEOE
Year to date+13.9%
1 month+2.5%
3 months−0.4%
1 year+20.4%
3 yearsFund is under 3 years oldper yearNo data
5 yearsFund is under 5 years oldper yearNo data
10 yearsFund is under 10 years oldper yearNo data

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 FEOE
YearReturn barFEOE
2026 YTD+13.9%
2025+41.3%
2024−0.4%

History from Dec 20, 2024

FEOE in the news

FEOE Dividends

Last payment
$0.74 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 $0.74. Use the arrow keys to read each point.20252026YTD
Ex-datePay dateAmount per share
Dec 30, 2025Dec 31, 2025$0.74

$10,000 in FEOE 1 year ago paid $159 in dividends.

FEOE Risk

Risk pillarC48 out of 100Rank 12 of 18 in International Active Value
How much the fund’s monthly returns vary, scaled to a year.
12.8%
Annualised · 22 months to Oct 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.
1.81
vs 3-month T-bills · 22 months to Oct 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.
−12.3%
22 months · trough Mar 2026
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.
0.33
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.

FMP measures it over up to five years of monthly returns.

FEOE Cost

Compare FEOE and AVIV

Overpaying vs AVIV, cheapest in International Active Value

$4,820

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

  • FEOE 0.50%

    $9,979

  • AVIV 0.25% Cheapest

    $5,159

$10,000
30 years

Cost over time

  • FEOE 0.50%
  • AVIV 0.25%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$2K$4K$6K$8K$10K051015202530FEOE $9,979AVIV $5,159

Year by year

YearFEOEAVIVOverpaying
10$900$455$445
20$3,460$1,769$1,691
30$9,979$5,159$4,820
How the 0.50% is worked out

Full fee 0.79%− waiver 0.29%= you pay 0.50%

The waiver ends Dec 31, 2026. After that the fee is 0.79% unless First Eagle renews it. Source: prospectus, Jan 2026.

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