FlexShares ESG & Climate Investment Grade… (FEIG) Performance
FEIG total return
Distributions reinvested · as of Oct 23, 2026- YTD
- −1.8% since Dec 31, 2025
- 1 year
- −2.2% total return
- 5 years
- −0.3% a year
- Since first price
- −0.7% a year since 2021
FEIG trailing returns vs AGG, TLT, SPY
| Period | FEIG total return | Price only | U.S. bonds (AGG) | 20+ yr Treasuries (TLT) | S&P 500 (SPY) |
|---|---|---|---|---|---|
| 1 month | +0.5% | +0.1% | +0.9% | +1.5% | −1.0% |
| 3 months | −0.7% | −2.0% | −0.4% | −1.0% | +3.2% |
| 6 months | −2.2% | −4.6% | −1.5% | −3.8% | +7.8% |
| YTD | −1.8% | −5.2% | −1.0% | −3.4% | +12.3% |
| 1 year | −2.2% | −6.7% | −1.1% | −6.9% | +14.4% |
| 3 years | +18.7%+5.9%/yr | +3.0% | +16.6%+5.2%/yr | +9.7%+3.1%/yr | +87.4%+23.3%/yr |
| 5 years | −1.5%−0.3%/yr | −19.9% | −0.8%−0.2%/yr | −32.5%−7.6%/yr | +79.3%+12.4%/yr |
| Since inceptionSep 21, 2021 | −3.5%−0.7%/yr | −21.6% | — | — | — |
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: FEIG vs AGG
From Sep 21, 2021: FEIG grew to $9,652, AGG to $9,762.
Year-end values with distributions reinvested, no taxes or trading costs. Start: first common trading day of both funds.
FEIG returns by calendar year
3 of 4 full years positive. Best 2023 (+8.6%), worst 2022 (−15.9%). 2026 is year to date.
FEIG annual returns table
| Year | FEIG | Largest drop | AGG | TLT | SPY |
|---|---|---|---|---|---|
| 2026YTD | −1.8% | −4.9% | −1.0% | −3.4% | +12.3% |
| 2025 | +7.3% | −2.9% | +7.2% | +4.3% | +17.7% |
| 2024 | +1.8% | −3.9% | +1.3% | −8.1% | +24.9% |
| 2023 | +8.6% | −7.7% | +5.7% | +2.8% | +26.2% |
| 2022 | −15.9% | −20.2% | −13.0% | −31.2% | −18.2% |
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.
FEIG largest drawdowns
Now 3.7% below the high| Peak | Decline | Bottom | Recovered | Fall | Underwater |
|---|---|---|---|---|---|
| Sep 22, 2021 | −22.3% | Oct 20, 2022 | not yet | 1.1 years | 5.1 years so far |
Declines from a closing high (distributions reinvested) of 5% or more. Underwater = time from the peak until the old high was regained.
FEIG risk statistics
| Statistic | 3 years | 5 years |
|---|---|---|
| Annualized return | +4.8% | −0.7% |
| Volatility (annualized) | 6.5% | 8.2% |
| Sharpe ratio | 0.08 | -0.48 |
| Sortino ratio | 0.12 | -0.63 |
| Best month | +6.3% | +6.3% |
| Worst month | −2.7% | −5.7% |
| Best 12 months | +14.2% | +14.2% |
| Worst 12 months | −2.5% | −19.7% |
| Positive months | 61% | 52% |
| Beta vs S&P 500 | 0.30 | 0.37 |
| Correlation with S&P 500 | 0.57 | 0.71 |
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.
FEIG rolling returns
| Holding period | Periods | Worst | Median | Best | Positive |
|---|---|---|---|---|---|
| 1-year | 50 | −19.7% | +3.8% | +14.2% | 78% |
| 3-year (a year) | 26 | −2.4% | +4.3% | +7.3% | 81% |
| 5-year (a year) | 2 | −0.7% | −0.6% | −0.5% | 0% |
Every holding period starting at a month-end since 2021. Returns for 3 years and longer are annualized.
FEIG performance overview
FlexShares ESG & Climate Investment Grade… (FEIG) returned −2.2% over the past year and −0.3% a year over five years, with distributions reinvested. Since its first recorded price in 2021 it has returned −0.7% a year, turning $10,000 into about $9,652. Over the same year U.S. bonds (AGG) returned −1.1%.
The deepest decline was −22.3%, from Sep 22, 2021 to Oct 20, 2022; the fund has not yet regained that high. FEIG finished 3 of its 4 full calendar years with a gain; the best year was 2023 (+8.6%) and the worst 2022 (−15.9%). Volatility has been 8.2% a year.
Related: FEIG chart, FEIG holdings, FEIG dividends, FEIG bond profile. See the FEIG overview for the latest quote and fund facts.
FEIG performance FAQ
What is the FEIG return over the past year?
FEIG returned −2.2% over the 12 months to October 23, 2026, including reinvested distributions. On price alone it fell 6.7%.
What is the average annual return of FEIG?
FEIG has returned −0.3% a year over 5 years, −0.7% a year since September 21, 2021 (total return, distributions reinvested).
How much would $10,000 invested in FEIG be worth?
$10,000 invested in FEIG at its first recorded close on September 21, 2021 would be worth about $9,652 on October 23, 2026 with distributions reinvested.
What was the worst year for FEIG?
The worst calendar year was 2022, with a total return of −15.9%. The best was 2023 at +8.6%.
What is the biggest drawdown of FEIG?
The largest peak-to-trough decline was −22.3% between September 22, 2021 and October 20, 2022. It has not yet recovered to that high; it is 3.7% below its peak.
How volatile is FEIG?
Over the past 3 years FEIG had an annualized volatility of 6.5% and a Sharpe ratio of 0.08 (excess return over 1–3 month T-bills per unit of risk).