FPA Global Equity ETF
$41.39−0.47 (−1.12%)
- Expense ratio
- 0.86%
- Fund size
- $629M
- 1Y return
- +17.3%
- Yield · Last 12 months
- 1.29%
- Holdings
- 44
- Volume · 30D
- 0.1M sh
- NAV per share
- $41.50
- 52W range
The ETF.net FPAG Grade
Score 48 of 100 sits in the C band. Bands: A ≥ 70, B ≥ 55, C ≥ 40, D ≥ 25, F < 25; the scale skips E.
Cost
What you pay to own it — the expense ratio plus trading frictions, ranked within its category.CScore 46Category rankMission
How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.Not scoredRisk
How violently it can move — volatility, drawdown depth, and downside capture versus its category.CScore 41Category rankTradability
How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.CScore 45Category rankHoldings
What it actually owns — the quality, breadth, and concentration of the underlying portfolio.BScore 62Category rankDurability
Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.BScore 69Category rank
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
- 44
- 33%
- GOOG
Sectors
- Health Care15.3%
- Materials14.4%
- Communication14.3%
- Technology12.6%
- Industrials11.9%
- Financials10.4%
- Consumer Discr.10.3%
- Cons. Staples9.4%
- Energy1.3%
- Utilities0.2%
- Real Estate0.0%
Geography
- United States57.61%
- Netherlands10.63%
- Ireland7.05%
- France5.79%
- Switzerland4.40%
- Japan3.65%
- South Korea3.16%
- Germany2.66%
- 5.06%
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.
Returns run to the Sep 22, 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 | +13.5% |
| 1 month | −1.9% |
| 3 months | +5.9% |
| 1 year | +17.3% |
| 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 | +13.5% | |
| 2025 | +25.2% | |
| 2024 | +9.6% |
FPAG in the news
ETF.net Research hasn’t filed on FPAG yet — coverage lands here as it’s written.
FPAG Dividends
- 1.29%
- $0.54
- $0.09 per share
- Quarterly
Distribution history
| Ex-date | Pay date | Amount per share |
|---|---|---|
| Sep 15, 2026 | Sep 22, 2026 | $0.09 |
| Jun 16, 2026 | Jun 23, 2026 | $0.13 |
| Dec 12, 2025 | Dec 18, 2025 | $0.32 |
| Sep 15, 2025 | Sep 22, 2025 | $0.08 |
| Jun 13, 2025 | Jun 20, 2025 | $0.16 |
| Mar 13, 2025 | Mar 20, 2025 | $0.18 |
| Dec 13, 2024 | Dec 19, 2024 | $0.21 |
| Sep 13, 2024 | Sep 19, 2024 | $0.08 |
| Jun 14, 2024 | Jun 20, 2024 | $0.09 |
| Mar 15, 2024 | Mar 25, 2024 | $0.05 |
| Dec 14, 2023 | Dec 20, 2023 | $0.12 |
| Sep 14, 2023 | Sep 20, 2023 | $0.10 |
FPAG Risk
- 12.3%
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.
- 1.15
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
- The middle half of Global Active Value funds
- Median 0.85%
8 of the 15 Global Active Value funds charge less.