First Eagle Overseas Equity ETF
$54.73+0.21 (+0.39%)
- 0.79%
- $2.0B
- +21.4%
- 0.3M sh
- $54.27
- low $45.56high $57.70
The ETF.net FEOE Grade
C
Score 43 out of 100
- 10 of 18
Score 43 of 100 falls in the C 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.F15 out of 100Rank 15 of 18Mission
Whether the fund did what it promised, tested against its stated mandate.Risk
How the fund held up when markets fell: downside volatility, drawdowns and tail loss.C48 out of 100Rank 10 of 17Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.A85 out of 100Rank 1 of 18Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.C49 out of 100Rank 11 of 17Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.A74 out of 100Rank 5 of 18
Our read on FEOE
CFirst 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.
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
- 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 Holdings
- Stocks
- 76
- 28%
- SHELL.AS
Sectors
- Consumer Staples21.5%
- Technology13.9%
- Industrials13.8%
- Financials13.1%
- Materials12.0%
- Consumer Discretionary9.6%
- Energy7.9%
- Health Care4.5%
- Real Estate2.1%
- Communication1.6%
Geography
- United Kingdom19.08%
- Japan18.10%
- Canada10.61%
- France7.43%
- Switzerland6.05%
- Netherlands5.19%
- South Korea5.03%
- Germany4.55%
- 23.96%
Developed 81% · Emerging 19%
FEOE Performance
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$12,135
Returns run to the Oct 12, 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.
| Period | FEOE |
|---|---|
| Year to date | +12.7% |
| 1 month | −1.3% |
| 3 months | +1.0% |
| 1 year | +21.4% |
| 3 years | — |
| 5 years | — |
| 10 years | — |
Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.
| Year | Return bar | FEOE |
|---|---|---|
| 2026 YTD | +12.7% | |
| 2025 | +41.3% | |
| 2024 | −0.4% |
FEOE in the news
FEOE Dividends
- $0.74 per share
- Irregular
Distribution data unavailable.
Distribution history
FEOE Risk
- 13.1%
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.
- 1.76
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.
- −12.3%
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.
- 0.33
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
FEOE Cost
0.79%
FEOE0.79%
- The middle half of International Active Value funds
- Median 0.66%
14 of the 18 International Active Value funds charge less.
Other funds in International Active Value
- CBINVBrandes International ETFExpense ratio 0.70%1 year return +17.9%
- CDINTDavis Select International ETFExpense ratio 0.66%1 year return +5.9%
- CPZIVPzena International Value ETFExpense ratio 0.70%1 year return —
- CTXUEThornburg International Equity ETFExpense ratio 0.65%1 year return +16.4%
- CICPYTweedy, Browne International Insider + Value ETFExpense ratio 0.80%1 year return +29.2%