---
ticker: "FESC"
name: "First Eagle Small Cap Equity ETF"
url: "https://etf.net/etf/FESC"
grade: "D"
score: 27
graded_at: "2026-10-12"
category: "US Active Small-Cap"
category_rank: "34 of 41"
methodology: "https://etf.net/methodology"
---

# FESC: First Eagle Small Cap Equity ETF

Grade **D**, Score 27 of 100. Rank 34 of 41 in US Active Small-Cap.

Graded Oct 12, 2026.

## Grade pillars

| Pillar | Score | Category rank |
| --- | --- | --- |
| Cost | 11 | 36 of 41 |
| Mission | Not scored | — |
| Risk | 44 | 24 of 38 |
| Tradability | 22 | 35 of 41 |
| Holdings | 64 | 18 of 41 |
| Durability | 14 | 39 of 41 |

## Top holdings

The fund holds 178 positions. These are the largest 30, by weight.

| # | Ticker | Name | Weight |
| --- | --- | --- | --- |
| 1 | — | JPMorgan Us Govt Mm | 2.08% |
| 2 | LPG | Dorian Lpg Ltd Common Stock USD 0.01 | 1.21% |
| 3 | HNGE | Hinge Health Inc Common Stock USD 0.00001 | 1.04% |
| 4 | RELY | Remitly Global Inc Common Stock USD 0.0001 | 1.00% |
| 5 | ABCB | Ameris Bancorp Common Stock USD 1 | 1.00% |
| 6 | PNTG | Pennant Group Inc/The Common Stock USD 0.001 | 0.97% |
| 7 | NVGS | Navigator Holdings Ltd Common Stock USD | 0.96% |
| 8 | KWR | Quaker Chemical Corp | 0.96% |
| 9 | MRVI | Maravai Lifesciences Holdings Inc Common Stock USD | 0.95% |
| 10 | CDNA | Caredx Inc Common Stock USD 0.001 | 0.95% |
| 11 | ONB | Old National Bancorp/In Common Stock USD 0 | 0.93% |
| 12 | ROG | Rogers Corp Common Stock USD 1 | 0.91% |
| 13 | CON | Concentra Group Holdings Parent Inc Common Stock | 0.91% |
| 14 | MTW | Manitowoc Co Inc/The Common Stock USD 0.01 | 0.91% |
| 15 | AEIS | Advanced Energy Industries Inc Common Stock USD | 0.91% |
| 16 | BRZE | Braze Inc Common Stock USD 0.0001 | 0.89% |
| 17 | SANM | Sanmina Corp Common Stock USD 0.01 | 0.87% |
| 18 | TALO | Talos Energy Inc Common Stock USD | 0.87% |
| 19 | CYRX | Cryoport Inc Common Stock USD 0.001 | 0.87% |
| 20 | KALU | Kaiser Aluminum Corp Common Stock USD 0.01 | 0.86% |
| 21 | DORM | Dorman Products Inc Common Stock USD 0.01 | 0.86% |
| 22 | AX | Axos Financial Inc Common Stock USD 0.01 | 0.86% |
| 23 | PLXS | Plexus Corp Common Stock USD 0.01 | 0.85% |
| 24 | BKD | Brookdale Senior Living Inc Common Stock USD 0.01 | 0.85% |
| 25 | CMC | Commercial Metals Co Common Stock USD 0.01 | 0.84% |
| 26 | HSTM | Healthstream Inc Common Stock USD 0 | 0.83% |
| 27 | MUR | Murphy Oil Corp Common Stock USD 1 | 0.83% |
| 28 | FLYW | Flywire Corp Common Stock USD 0.0001 | 0.82% |
| 29 | DCO | Ducommun Inc Common Stock USD 0.01 | 0.82% |
| 30 | LPX | Louisiana-Pacific Corp Common Stock USD 1 | 0.81% |

Source: etf.net, https://etf.net/etf/FESC. Please cite the page URL.