First Eagle Global Equity ETF (FEGE) Performance
FEGE total return
Distributions reinvested · as of Oct 23, 2026- YTD
- +13.5% since Dec 31, 2025
- 1 year
- +18.7% total return
- Since first price
- +50.6% since 2024
FEGE trailing returns vs SPY, QQQ, AGG
| Period | FEGE total return | Price only | S&P 500 (SPY) | Nasdaq-100 (QQQ) | U.S. bonds (AGG) |
|---|---|---|---|---|---|
| 1 month | +2.1% | +2.1% | −1.0% | −5.0% | +0.9% |
| 3 months | +6.8% | +6.8% | +3.2% | +1.9% | −0.4% |
| 6 months | +6.7% | +6.7% | +7.8% | +8.4% | −1.5% |
| YTD | +13.5% | +13.5% | +12.3% | +15.1% | −1.0% |
| 1 year | +18.7% | +17.2% | +14.4% | +15.9% | −1.1% |
| Since inceptionDec 20, 2024 | +50.6% | +48.7% | — | — | — |
Total return from adjusted closes (distributions reinvested, before tax). Periods of 3 years or more are also shown annualized. Price only excludes distributions.
Growth of $10,000: FEGE vs SPY
From Dec 20, 2024: FEGE grew to $15,063, SPY to $13,108.
Year-end values with distributions reinvested, no taxes or trading costs. Start: first common trading day of both funds.
FEGE returns by calendar year
1 of 1 full years positive. Best 2025 (+34.2%), worst 2025 (+34.2%). 2026 is year to date.
FEGE annual returns table
| Year | FEGE | Largest drop | SPY | QQQ | AGG |
|---|---|---|---|---|---|
| 2026YTD | +13.5% | −11.0% | +12.3% | +15.1% | −1.0% |
| 2025 | +34.2% | −11.1% | +17.7% | +20.8% | +7.2% |
Largest drop = deepest fall from a high within that calendar year.
Calendar-year return vs largest drop within the year
Most years include a sizable fall at some point even when the year ends higher.
FEGE largest drawdowns
Now 2.2% below the high| Peak | Decline | Bottom | Recovered | Fall | Underwater |
|---|---|---|---|---|---|
| Mar 19, 2025 | −11.1% | Apr 8, 2025 | May 12, 2025 | 20 days | 54 days |
| Feb 27, 2026 | −11.0% | Mar 27, 2026 | Aug 4, 2026 | 28 days | 5 months |
Declines from a closing high (distributions reinvested) of 10% or more. Underwater = time from the peak until the old high was regained.
FEGE risk statistics
| Statistic | Since 2024 |
|---|---|
| Annualized return | +24.3% |
| Volatility (annualized) | 13.0% |
| Sharpe ratio | 1.46 |
| Sortino ratio | 2.29 |
| Best month | +6.2% |
| Worst month | −8.7% |
| Best 12 months | +39.6% |
| Worst 12 months | +14.9% |
| Positive months | 76% |
| Beta vs S&P 500 | — |
| Correlation with S&P 500 | — |
From monthly total returns. Sharpe and Sortino use 1–3 month T-bills (BIL) as the risk-free rate, so they need history from 2007 on.
FEGE rolling returns
| Holding period | Periods | Worst | Median | Best | Positive |
|---|---|---|---|---|---|
| 1-year | 11 | +14.9% | +27.3% | +39.6% | 100% |
Every holding period starting at a month-end since 2024. Returns for 3 years and longer are annualized.
FEGE performance overview
First Eagle Global Equity ETF (FEGE) returned +18.7% over the past year, with distributions reinvested. Since its first recorded price on Dec 20, 2024 it has returned +50.6%. Over the same year S&P 500 (SPY) returned +14.4%.
The deepest decline was −11.1%, from Mar 19, 2025 to Apr 8, 2025, and it took 34 days to get back to the old high. Volatility has been 13.0% a year.
Related: FEGE chart, FEGE holdings, FEGE dividends. See the FEGE overview for the latest quote and fund facts.
FEGE performance FAQ
What is the FEGE return over the past year?
FEGE returned +18.7% over the 12 months to October 23, 2026, including reinvested distributions. On price alone it rose 17.2%.
How much would $10,000 invested in FEGE be worth?
$10,000 invested in FEGE at its first recorded close on December 20, 2024 would be worth about $15,063 on October 23, 2026 with distributions reinvested.
What is the biggest drawdown of FEGE?
The largest peak-to-trough decline was −11.1% between March 19, 2025 and April 8, 2025. It recovered to the old high on May 12, 2025, 34 days after the bottom.
How volatile is FEGE?
Over the past history FEGE had an annualized volatility of 13.0% and a Sharpe ratio of 1.46 (excess return over 1–3 month T-bills per unit of risk).