Skip to content
etf.net

FEOE vs MIVL

First Eagle Overseas Equity ETF

FEOEANYSE

MFS Active International Large Capital Value Etf

MIVLBNYSE Arca

Overlap

11.1%by weight

Expense ratio

FEOE −0.07pt a year

FEOE0.50%MIVL0.57%

Avg volume · 30D

FEOE 20.3×the volume

FEOE278KMIVL13.7K

FEOE vs MIVL Performance

Jul 31, 2026 – Oct 30, 2026

−0.4%FEOE−3.4%MIVL

Jul 31, 2026 to Oct 30, 2026. FEOE −0.4%. MIVL −3.4%. Use the arrow keys to read each point.−2%2%Jul 2026Sep 2026Oct 2026
Expense ratio
FEOE 0.50%, better
MIVL 0.57%
Fund size
FEOE $2.06B
MIVL $22M
1Y total return
FEOE +20.4%
MIVL No data
Holdings
FEOE 77
MIVL 63
Avg volume (30D)
FEOE 278K sh, better
MIVL 13.7K sh
NAV per share
FEOE $54.88
MIVL $25.51
52W range

ETF.net Grade

FEOE: Cost 88, Risk 48, Mission not scored, Tradability 73, Holdings 49, Durability 72. MIVL: Cost 71, Risk 63, Mission not scored, Tradability 32, Holdings 57, Durability 37.
Pillar letters and Scores for FEOE, MIVL, with each pillar’s weight
PillarFEOEMIVL
Cost30% weightA88HigherA71
Mission25% weightNot scoredNot scored
Risk15% weightC48B63Higher
Tradability15% weightA73HigherD32
Holdings10% weightC49B57Higher
Durability5% weightA72HigherD37

Rank among International Active Value funds

How we build Categories ›
Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

Same Category. FEOE and MIVL 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 ›

FEOE ranks 4th and MIVL 6th of 18 funds in the International Active Value Category.

  1. Rank 1AAVIVAvantis International Large Cap Value ETFScore 84
  2. Rank 2AAVDVAvantis International Small Cap Value ETFScore 83
  3. Rank 3AJIVEJPMorgan International Value ETFScore 71
  4. Rank 4AFEOEFirst Eagle Overseas Equity ETFScore 70
  5. Rank 5BTIIVAAM Todd International Intrinsic Value ETFScore 61
  6. Rank 6BMIVLMFS Active International Large Capital Value EtfScore 57
  7. Rank 7BAIVIWisdomTree International AI Enhanced Value FundScore 56

Our read on each fund

ETF.net Research

FEOEAFirst Eagle Overseas Equity ETF

MIVLBMFS Active International Large Capital 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.

MIVL No data

Stated mandate

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

MIVL No data

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.comfirsteagle.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

MIVL No data

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

MIVL No data

Full FEOE profile⁠

Full MIVL profile⁠

FEOE vs MIVL Holdings

How FEOE and MIVL differ

Overlap by weight

11.1%

Shared holdings make up 15.6% of FEOE and 13.1% of MIVL.

Level by level

  • Holdings9 in both11.1%
  • Countryby domicile66.3%
  • Asset classEquity100%

Sector

No Sector split for MIVL.

Country, concentration and asset class

Country by domicile

Country weights in FEOE and MIVL, widest gap first
CountryMore in FEOEMore in MIVL
FranceMIVL +10.3 points
United KingdomMIVL +7.8 points
CanadaFEOE +7.1 points
IrelandMIVL +6.7 points
ItalyMIVL +5.8 points
JapanFEOE +4.5 points
MexicoFEOE +4.3 points
South KoreaFEOE +3.4 points
Other countries (16)FEOE +11.3 points

Outside the US: FEOE 84% developed, 16% emerging. MIVL 97% developed, 3% emerging.

Concentration

Weight in the 10 largest Holdings

  • FEOE28.6%
  • MIVL29.4%

Securities held

  • FEOE76
  • MIVL62

Asset class

FEOE
Equity
MIVL
Equity

Holdings

  • Only in FEOE67
  • In both9
  • Only in MIVL53

Only in FEOE

67 securities, 83.8% of FEOE by weight

  • Shell PLC4.04%
  • Imperial Oil Ltd3.02%
  • Dassault Systemes SE2.85%

Only in MIVL

53 securities, 85.6% of MIVL by weight

  • Natwest Group PLC3.72%
  • Totalenergies SE3.67%
  • Bnp Paribas3.51%

Weight gaps

All 9 Holdings in both funds, largest gap first.

Holding weights in FEOE and MIVL, widest gap first
HoldingMore in FEOEMore in MIVL
Samsung Electronics Co LtdFEOE +2.72 points
Henkel AG & Co KgaaMIVL +1.46 points
British American Tobacco PLCBATS.LFEOE +1.23 points
Mitsubishi Electric CorpMIVL +0.37 points
Legrand SAFEOE +0.33 points
Sompo Holdings IncFEOE +0.14 points
Willis Towers Watson PLCWTWMIVL +0.11 points
Haleon PLCHLN.LFEOE +0.05 points

All 75 FEOE holdings⁠All MIVL 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 MIVL Cost

Overpaying MIVL vs FEOE

$1,292

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

  • FEOE 0.50%

    $9,979

  • MIVL 0.57%

    $11,271

$10,000
30 years

Cost over time

  • FEOE 0.50%
  • MIVL 0.57%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$2.5K$5K$7.5K$10K$12.5K051015202530MIVL $11,271FEOE $9,979

Year by year

YearFEOEMIVLOverpaying
10$900$1,023$123
20$3,460$3,921$461
30$9,979$11,271$1,292

Expense ratio

  • 0.50%FEOE, cheaper
  • 0.57%MIVL
  • Middle half of International Active Value funds
  • Median 0.63%

FEOE 3rd cheapest of 18 funds

MIVL 7th cheapest of 18 funds

FEOE vs MIVL Dividends

Last 12 months to Oct 30, 2026
Payout (12M)
FEOE No data
MIVL None
Last payment
FEOE $0.74
MIVL No data
Ex-dividend
FEOE Dec 30, 2025
MIVL No data
Paid on
FEOE Dec 31, 2025
MIVL No data
Frequency
FEOE Irregular
MIVL No data

Distribution history

Per share, 2025 to 2026, same scale for both

FEOEIrregular · 1 paymentAll FEOE payments⁠
One bar per payment. 1 payment from 2025 to 2026 YTD. Dec 30, 2025 $0.74. Use the arrow keys to read each point.$0$0.502026YTD
MIVLAll MIVL payments⁠

No distribution history available.

FEOE vs MIVL 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 2025MIVL No data
Return per unit of riskSharpe ratio, 3 years
FEOE 1.81since Jan 2025MIVL No data
Worst fallMax drawdown, 5 years
FEOE −12.3%since Dec 2024MIVL No data
Market sensitivityBeta, 5 years
FEOE 0.33MIVL 0.28

FEOE and MIVL in the news

All news⁠

Popular comparisons

  • FEOEAvsAVIVA

    First Eagle Overseas Equity ETF · Avantis International Large Cap Value ETF

    Expense ratio
    0.50% · 0.25%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

  • MIVLBvsAVIVA

    MFS Active International Large Capital Value Etf · Avantis International Large Cap Value ETF

    Expense ratio
    0.57% · 0.25%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

  • FEOEAvsAVDVA

    First Eagle Overseas Equity ETF · Avantis International Small Cap Value ETF

    Expense ratio
    0.50% · 0.36%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

  • MIVLBvsAVDVA

    MFS Active International Large Capital Value Etf · Avantis International Small Cap Value ETF

    Expense ratio
    0.57% · 0.36%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

  • FEOEAvsJIVEA

    First Eagle Overseas Equity ETF · JPMorgan International Value ETF

    Expense ratio
    0.50% · 0.55%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

  • MIVLBvsJIVEA

    MFS Active International Large Capital Value Etf · JPMorgan International Value ETF

    Expense ratio
    0.57% · 0.55%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.