FPA Global Equity ETF
$41.49+0.19 (+0.46%)
- 0.86%
- $637M
- +20.0%
- 1.31%
- 0M sh
- $41.24
- low $34.75high $43.56
The ETF.net FPAG Grade
C
Score 48 out of 100
- 8 of 15
Score 48 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.C46 out of 100Rank 8 of 15Mission
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.C44 out of 100Rank 9 of 13Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.C44 out of 100Rank 12 of 15Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.B58 out of 100Rank 8 of 14Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.B68 out of 100Rank 6 of 15
Our read on FPAG
COld-school stock picking in an ETF shell: roughly 40 mid- and large-cap names from the US, overseas and emerging markets, chosen on a contrarian value screen instead of an index.
The Fund seeks long-term growth of principal and income. It normally invests at least 95% of assets in equities, primarily publicly traded common stocks of mid- and large-cap U.S. and non-U.S. companies, including emerging-market companies.
Why people hold it
- About 40 holdings, so every name carries real weight. A stock picker's book, not a closet index fund wearing a value label.
- One passport-free equity sleeve: normally at least 95% in stocks, mid- and large-cap, US and non-US, emerging markets included. Pays quarterly.
- Easier to get in and out of than much of its corner of the market, where active global value funds often trade thin.
Worth knowing
- At 0.86% a year it runs above the 0.63% typical for global value funds, and peers like AVGV (0.28%) and FEGE (0.50%) charge a lot less.
- Concentration cuts both ways: with about 40 positions, a single misfire shows up clearly, and the emerging-market slice adds currency and country risk.
- Against its global value peer group it lands in the lower half on our read, and its holdings disclosure is dated, so the inside view is less current than for rivals.
FPAG Holdings
- Stocks
- 72
- 34%
- GOOG
Sectors
- Health Care16.8%
- Communication14.4%
- Materials13.7%
- Technology13.3%
- Industrials12.3%
- Consumer Discretionary9.8%
- Financials9.8%
- Consumer Staples8.8%
- Energy1.2%
- Real Estate0.0%
- Utilities0.0%
Geography
- United States57.68%
- Netherlands10.33%
- Ireland7.09%
- France5.58%
- Switzerland4.38%
- Japan3.67%
- South Korea3.18%
- Germany2.72%
- 5.36%
Developed 91% · Emerging 9%
FPAG Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
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FPAG$12,001
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 | FPAG |
|---|---|
| Year to date | +11.9% |
| 1 month | −1.2% |
| 3 months | +1.5% |
| 1 year | +20.0% |
| 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 | FPAG |
|---|---|---|
| 2026 YTD | +11.9% | |
| 2025 | +25.2% | |
| 2024 | +9.6% |
FPAG in the news
FPAG Dividends
- 1.31%
- $0.54
- $0.09 per share
- Quarterly
Distribution history
FPAG Risk
- 12.5%
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.
- 0.96
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.
- −18.1%
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.
- 0.97
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
FPAG Cost
0.86%
FPAG0.86%
- The middle half of Global Active Value funds
- Median 0.85%
8 of the 15 Global Active Value funds charge less.
Other funds in Global Active Value
- BDWLDDavis Select Worldwide ETFExpense ratio 0.62%1 year return +6.4%
- CCOPYTweedy, Browne Insider + Value ETFExpense ratio 0.89%1 year return +28.4%
- COAKGOakmark Global Large Cap ETFExpense ratio 0.67%1 year return —
- CWCMGFirst Trust WCM Global Equity ETFExpense ratio 0.85%1 year return —
- DWBIFWBI BullBear Value 3000 ETFExpense ratio 1.64%1 year return +17.2%