FEOE vs JIVE: Grades, Fees and Holdings Compared

First Eagle Overseas Equity ETF

FEOEANYSE

JPMorgan International Value ETF

JIVEANasdaq

Overlap

4.5%by weight

Expense ratio

FEOE −0.05pt a year

FEOE0.50%JIVE0.55%

Avg volume · 30D

JIVE 1.3×the volume

FEOE278KJIVE357K

FEOE vs JIVE Performance

Oct 31, 2025 – Oct 30, 2026

+20.4%FEOE+25.6%JIVE

Expense ratio: FEOE 0.50%, better; JIVE 0.55%
Fund size: FEOE $2.06B; JIVE $4.5B
1Y total return: FEOE +20.4%; JIVE +25.6%, better
Yield (12M): FEOE No data; JIVE 1.95%
Holdings: FEOE 77; JIVE 363
Avg volume (30D): FEOE 278K sh; JIVE 357K sh, better
NAV per share: FEOE $54.88; JIVE $93.61
52W range

ETF.net Grade

Pillar letters and Scores for FEOE, JIVE, with each pillar’s weight
Pillar	FEOE	JIVE
Cost30% weight	A88Higher	A71
Mission25% weight	Not scored	A100
Risk15% weight	C48	B68Higher
Tradability15% weight	A73Higher	B68
Holdings10% weight	C49	A74Higher
Durability5% weight	A72	A88Higher

Rank among International Active Value funds

How we build Categories ›

Same Category. FEOE and JIVE are both graded against the same 18 International Active Value funds, so their Grades compare head to head.

International Active Value⁠

Category · 18 funds

See all 18 ›

JIVE ranks 3rd and FEOE 4th of 18 funds in the International Active Value Category.

Rank 1AAVIVAvantis International Large Cap Value ETFScore 84
Rank 2AAVDVAvantis International Small Cap Value ETFScore 83
Rank 3AJIVEJPMorgan International Value ETFScore 71
Rank 4AFEOEFirst Eagle Overseas Equity ETFScore 70
Rank 5BTIIVAAM Todd International Intrinsic Value ETFScore 61

Our read on each fund

ETF.net Research

FEOEAFirst Eagle Overseas Equity ETF

JIVEAJPMorgan International Value ETF

In short

FEOE First 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.

JIVE JPMorgan's take on international value: an active, style-pure cheapness screen run across roughly 400 names in both non-US developed and emerging markets. Index-like breadth, human hands on the wheel.

Stated mandate

FEOE The Fund seeks long-term capital growth by investing mainly in equities issued by companies outside the United States.

JIVE The fund seeks long-term capital appreciation through investments in foreign equity securities.

Why people hold it

FEOE 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.com firsteagle.com 2
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

JIVE Style-pure value screen, not a blend compromise. Holdings are chosen for cheapness, and the book spreads across about 400 names instead of a concentrated handful.jpmorgan.com
One passport, both worlds: the mandate covers non-US developed and emerging markets, measured against the MSCI ACWI ex USA Value index.jpmorgan.com
A 0.55% fee puts it on the cheaper side of the actively managed international value shelf, where paying up for stock picking is the norm.
Portfolio matches the label. Exposure lines up with the stated value mandate, and it stands among the stronger implementations in its active international value group.

Worth knowing

FEOE 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

JIVE Systematic rivals like AVIV and AVDV charge less for international value. The extra cost here buys JPMorgan's active selection.
Emerging market holdings add currency swings and political risk that a developed-markets-only fund sidesteps.
Launched in 2023, so the live record is short. Distributions arrive annually or semiannually, not monthly.

Full FEOE profile⁠

Full JIVE profile⁠

FEOE vs JIVE Holdings

How FEOE and JIVE differ

Overlap by weight

4.5%

Shared holdings make up 13.8% of FEOE and 4.5% of JIVE.

Level by level

Holdings9 in both4.5%
Sector11 Sectors66.8%
Countryby domicile68.2%
Asset classEquity100%

Sector

Sector weights in FEOE and JIVE, widest gap first
Sector	More in FEOEMore in JIVE	FEOE	JIVE
Financials	JIVE +25.6 points	13.5%	39.1%
Consumer Staples	FEOE +16.6 points	21.6%	5.0%
Materials	FEOE +6.9 points	11.6%	4.7%
Technology	FEOE +3.4 points	13.7%	10.3%
Consumer Discretionary	FEOE +3.3 points	10.1%	6.8%
Industrials	FEOE +2.9 points	13.2%	10.3%
Energy	JIVE +2.6 points	7.8%	10.4%
Communication	JIVE +2.2 points	1.9%	4.1%
Utilities	JIVE +1.8 points	0.0%	1.8%
Health Care	JIVE +1.0 points	4.6%	5.6%
Real Estate	FEOE +0.1 points	1.9%	1.9%

Country, concentration and asset class

Country by domicile

Country weights in FEOE and JIVE, widest gap first
Country	More in FEOEMore in JIVE	FEOE	JIVE
United Kingdom	FEOE +9.1 points	19.2%	10.1%
Japan	FEOE +6.3 points	17.7%	11.4%
China	JIVE +6.2 points	1.0%	7.2%
Taiwan	JIVE +4.3 points	2.0%	6.3%
Mexico	FEOE +4.2 points	4.3%	0.1%
South Korea	JIVE +4.1 points	4.4%	8.5%
Italy	JIVE +3.9 points	0.0%	3.9%
Singapore	FEOE +3.0 points	3.3%	0.3%
Other countries (26)	JIVE +4.1 points	48.1%	52.2%

Outside the US: FEOE 84% developed, 16% emerging. JIVE 70% developed, 30% emerging.

Concentration

Weight in the 10 largest Holdings

FEOE28.6%
JIVE16.9%

Securities held

FEOE76
JIVE352

Asset class

FEOE: Equity
JIVE: Equity

Holdings

Only in FEOE67
In both9
Only in JIVE343

Only in FEOE

67 securities, 85.6% of FEOE by weight

Shell PLC4.04%
Samsung Electronics Co Ltd3.69%
Imperial Oil Ltd3.02%
Dassault Systemes SE2.85%
Merck KGaA2.38%
LVMH Moet Hennessy Louis Vuitton SE2.34%
Prosus NV2.19%
Fomento Economico Mexicano SAB de CV2.08%
Taiwan Semiconductor Manufacturing Co Ltd1.97%
Cie Financiere Richemont SA1.87%
SMC Corp1.81%
Reckitt Benckiser Group PLC1.80%
Newmont Corp1.77%
Wheaton Precious Metals Corp1.73%
TISI Inc1.63%
Unilever PLC1.59%
OBIC Business Consultants Co Ltd1.59%
Schindler Holding AG1.57%
Willis Towers Watson PLC1.57%
Secom Co Ltd1.52%
Wal-Mart de Mexico SAB de CV1.47%
Jardine Matheson Holdings Ltd1.44%
Keyence Corp1.44%
Kansai Paint Co Ltd1.44%
Heineken NV1.44%
Haleon PLC1.41%
Franco-Nevada Corp1.38%
Ambev SA1.37%
Relx PLC1.35%
AIA Group Ltd1.33%
Diageo PLC1.32%
FANUC Corp1.29%
Universal Music Group NV1.29%
United Overseas Bank Ltd1.28%
Danone SA1.28%
Shimano Inc1.04%
Investor AB1.04%
Fuchs SE1.02%
Hirose Electric Co Ltd0.98%
Alibaba Group Holding Ltd0.97%
Barrick Mining Corp0.92%
Nutrien Ltd0.91%
Itausa SA0.90%
Mitsubishi Electric Corp0.86%
Orkla ASA0.86%
Agnico Eagle Mines Ltd0.85%
Sgs SA0.83%
Legrand SA0.81%
Berkeley Group Holdings PLC/The0.79%
Grupo Mexico SAB de CV0.77%

Only in JIVE

343 securities, 95.4% of JIVE by weight

Samsung Electronics Co3.35%
Taiwan Semiconductor2.48%
Shell PLC1.85%
Roche Holding AG Common1.56%
Toronto-Dominion Bank/The1.45%
Novartis AG Common Stock1.25%
Hsbc Holdings PLC Common1.16%
Totalenergies SE Common1.10%
Royal Bank of Canada1.08%
Allianz SE Common Stock1.08%
JPMorgan Prime Money0.97%
Bank of Nova Scotia/The0.95%
Canadian Imperial Bank0.91%
Bp PLC Common Stock Gbp0.91%
Banco Bilbao Vizcaya0.88%
Unicredit Spa Common0.78%
Mitsubishi Ufj Financial0.77%
China Construction Bank0.76%
Zurich Insurance Group AG0.75%
Canadian Natural0.73%
Banco Santander SA Common0.73%
Sanofi SA Common Stock0.70%
Hon Hai Precision0.69%
Bnp Paribas SA Common0.68%
Intesa Sanpaolo Spa0.68%
Suncor Energy Inc Common0.66%
Muenchener0.65%
Petroleo Brasileiro SA -0.62%
Enel Spa Common Stock Eur0.60%
Barclays PLC Common Stock0.59%
Ing Groep NV Common Stock0.57%
Industrial & Commercial0.54%
Bayer AG Common Stock Eur0.54%
Manulife Financial Corp0.50%
Natwest Group PLC Common0.50%
Axa SA Common Stock Eur0.48%
Nordea Bank Abp Common0.47%
Heineken Holding NV0.44%
E.on SE Common Stock Eur0.44%
Sumitomo Mitsui Trust0.43%
Engie SA Common Stock0.43%
Repsol SA Common Stock0.43%
Deutsche Bank AG Common0.42%
Orix Corp Common Stock0.41%
Societe Generale SA0.40%
Marubeni Corp Common0.39%
Ping An Insurance Group0.38%
Eni Spa0.37%
Bridgestone Corp Common0.37%
Kyocera Corp Common0.37%

Weight gaps

All 9 Holdings in both funds, largest gap first.

Holding weights in FEOE and JIVE, widest gap first
Holding	More in FEOEMore in JIVE	FEOE	JIVE
British American Tobacco PLCBATS.L	FEOE +3.22 points	4.04%	0.82%
MS&AD Insurance Group Holdings Inc	FEOE +1.43 points	1.79%	0.36%
Power Corp of Canada	FEOE +1.24 points	1.63%	0.39%
Lloyds Banking Group PLCLLOY.L	FEOE +0.86 points	1.20%	0.34%
Sompo Holdings Inc	FEOE +0.79 points	1.07%	0.28%
CK Asset Holdings Ltd	FEOE +0.75 points	0.96%	0.21%
Henkel AG & Co Kgaa	FEOE +0.59 points	0.86%	0.27%
Astra International Tbk PT	FEOE +0.21 points	0.38%	0.17%
Nestle SA	FEOE +0.17 points	1.83%	1.66%

All 75 FEOE holdings⁠All 351 JIVE holdings⁠

How we measure overlap

Each holding counts at its smaller weight in the two funds, summed over the full Holdings. Sector, country and asset class use the same rule on each fund’s split. Cash, FX and derivative lines stay out of the counts. Two bond funds get no overlap figure.

FEOE vs JIVE Cost

Overpaying JIVE vs FEOE

$925

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

FEOE 0.50%
$9,979
JIVE 0.55%
$10,904

Amount$10,000

Years30 years

Cost over time

FEOE 0.50%
JIVE 0.55%
Overpaying

Year by year

Year	FEOE	JIVE	Overpaying
10	$900	$988	$88
20	$3,460	$3,790	$330
30	$9,979	$10,904	$925

Expense ratio

0.50%FEOE, cheaper
0.55%JIVE

FEOE0.50%JIVE0.55%

0.25%0.85%

Middle half of International Active Value funds
Median 0.63%

FEOE 3rd cheapest of 18 funds

JIVE 5th cheapest of 18 funds

FEOE vs JIVE Dividends

Last 12 months to Oct 30, 2026

Yield (12M): FEOE No data; JIVE 1.95%
Payout (12M): FEOE No data; JIVE $1.83
Last payment: FEOE $0.74; JIVE $1.83
Ex-dividend: FEOE Dec 30, 2025; JIVE Dec 16, 2025
Paid on: FEOE Dec 31, 2025; JIVE Dec 18, 2025
Frequency: FEOE Irregular; JIVE Annual

Distribution history

Per share, 2023 to 2026, same scale for both

FEOEIrregular · 1 paymentAll FEOE payments⁠

JIVEAnnual · 4 paymentsAll JIVE payments⁠

FEOE vs JIVE Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years: FEOE 12.8%since Jan 2025JIVE 11.2%
Return per unit of riskSharpe ratio, 3 years: FEOE 1.81since Jan 2025JIVE 1.96
Worst fallMax drawdown, 5 years: FEOE −12.3%since Dec 2024JIVE −13.8%since Sep 2023
Market sensitivityBeta, 5 years: FEOE 0.33JIVE 0.48; Market = 1

FEOE and JIVE in the news

All news⁠

ETF Filings
American Century files a mutual-fund wrapper for Avantis international large-cap value
Sep 7, 2026JIVE

Popular comparisons

FEOEAvsAVIVA
First Eagle Overseas Equity ETF · Avantis International Large Cap Value ETF
Expense ratio
0.50% · 0.25%
Category
JIVEAvsAVIVA
JPMorgan International Value ETF · Avantis International Large Cap Value ETF
Expense ratio
0.55% · 0.25%
Category
FEOEAvsAVDVA
First Eagle Overseas Equity ETF · Avantis International Small Cap Value ETF
Expense ratio
0.50% · 0.36%
Category
JIVEAvsAVDVA
JPMorgan International Value ETF · Avantis International Small Cap Value ETF
Expense ratio
0.55% · 0.36%
Category
FEOEAvsTIIVB
First Eagle Overseas Equity ETF · AAM Todd International Intrinsic Value ETF
Expense ratio
0.50% · 0.54%
Category
JIVEAvsTIIVB
JPMorgan International Value ETF · AAM Todd International Intrinsic Value ETF
Expense ratio
0.55% · 0.54%
Category

FEOE vs JIVE

In short

Stated mandate

Why people hold it

Worth knowing

How FEOE and JIVE differ

Level by level

Sector

Country, concentration and asset class

Country by domicile

Concentration

Asset class

Holdings

Only in FEOE

Only in JIVE

Weight gaps

Cost over time

Year by year

Distribution history

Fall from peak · 5 years

Risk facts

American Century files a mutual-fund wrapper for Avantis international large-cap value

How FEOE and JIVE differ

Level by level

Sector

Country, concentration and asset class

Country by domicile

Concentration

Asset class

Holdings

Only in FEOE

Only in JIVE

Weight gaps