FPA Global Allocation ETF
The ETF.net FPAA Grade
C
Score 53 out of 100
- 24 of 46
Score 53 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.A90 out of 100Rank 5 of 46Mission
Whether the fund did what it promised, tested against its stated mandate.F10 out of 100Rank 26 of 27Risk
How the fund held up when markets fell: downside volatility, drawdowns and tail loss.A82 out of 100Rank 1 of 46Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.C48 out of 100Rank 26 of 46Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.D32 out of 100Rank 37 of 43Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.D30 out of 100Rank 40 of 46
FPAA 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.Not enough history yet.Not enough history yet.
FPAA$10,044
Returns run to the Nov 9, 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 | FPAA |
|---|---|
| Year to date | |
| 1 month | +4.0% |
| 3 months | +0.4% |
| 1 year | |
| 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 | FPAA |
|---|---|---|
| 2026 YTD | +5.9% |
FPAA in the news
FPAA Dividends
- $0.13 per share
- Irregular
Distribution data unavailable.
Distribution history
FPAA Risk
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.
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.
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.
- 0.93
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.
FPAA Cost
Overpaying vs ENDW, cheapest in Tactical Allocation
$5,234
On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.
FPAA 0.49%
$9,792
ENDW 0.22% Cheapest
$4,558
Cost over time
Year by year
| Year | FPAA | ENDW | Overpaying |
|---|---|---|---|
| 10 | $883 | $401 | $482 |
| 20 | $3,394 | $1,561 | $1,833 |
| 30 | $9,792 | $4,558 | $5,234 |
You pay 0.49%Waived by FPA 0.84%
Full fee 1.33% waiver 0.84% you pay 0.49%
Other funds in Tactical Allocation
- CXFLXFundX Flexible ETFExpense ratio 0.97%1 year return +1.7%
- CCLSMETC Cabana Target Leading Sector Moderate ETFExpense ratio 0.82%1 year return +16.6%
- CGMMAGammaRoad Market Navigation ETFExpense ratio 0.75%1 year return +5.1%
- CMOODRelative Sentiment Tactical Allocation ETFExpense ratio 0.77%1 year return +21.1%
- CAHLTAhl Liquid Trend ETFExpense ratio 0.96%1 year return +18.1%
