First Eagle Overseas Equity ETF (FEOE) Performance
FEOE total return
Distributions reinvested · as of Oct 23, 2026- YTD
- +14.5% since Dec 31, 2025
- 1 year
- +19.8% total return
- Since first price
- +61.1% since 2024
FEOE trailing returns vs SPY, QQQ, AGG
| Period | FEOE total return | Price only | S&P 500 (SPY) | Nasdaq-100 (QQQ) | U.S. bonds (AGG) |
|---|---|---|---|---|---|
| 1 month | +1.8% | +1.8% | −1.0% | −5.0% | +0.9% |
| 3 months | +3.5% | +3.5% | +3.2% | +1.9% | −0.4% |
| 6 months | +6.4% | +6.4% | +7.8% | +8.4% | −1.5% |
| YTD | +14.5% | +14.5% | +12.3% | +15.1% | −1.0% |
| 1 year | +19.8% | +18.0% | +14.4% | +15.9% | −1.1% |
| Since inceptionDec 20, 2024 | +61.1% | +58.7% | — | — | — |
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: FEOE vs SPY
From Dec 20, 2024: FEOE grew to $16,113, SPY to $13,108.
Year-end values with distributions reinvested, no taxes or trading costs. Start: first common trading day of both funds.
FEOE returns by calendar year
1 of 1 full years positive. Best 2025 (+41.3%), worst 2025 (+41.3%). 2026 is year to date.
FEOE annual returns table
| Year | FEOE | Largest drop | SPY | QQQ | AGG |
|---|---|---|---|---|---|
| 2026YTD | +14.5% | −12.3% | +12.3% | +15.1% | −1.0% |
| 2025 | +41.3% | −12.0% | +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.
FEOE largest drawdowns
Now 2.8% below the high| Peak | Decline | Bottom | Recovered | Fall | Underwater |
|---|---|---|---|---|---|
| Feb 27, 2026 | −12.3% | Mar 20, 2026 | Jul 30, 2026 | 21 days | 5 months |
| Mar 19, 2025 | −12.0% | Apr 8, 2025 | Apr 30, 2025 | 20 days | 42 days |
Declines from a closing high (distributions reinvested) of 10% or more. Underwater = time from the peak until the old high was regained.
FEOE risk statistics
| Statistic | Since 2024 |
|---|---|
| Annualized return | +29.5% |
| Volatility (annualized) | 13.1% |
| Sharpe ratio | 1.77 |
| Sortino ratio | 2.86 |
| Best month | +8.4% |
| Worst month | −9.3% |
| Best 12 months | +48.9% |
| Worst 12 months | +18.4% |
| Positive months | 81% |
| 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.
FEOE rolling returns
| Holding period | Periods | Worst | Median | Best | Positive |
|---|---|---|---|---|---|
| 1-year | 11 | +18.4% | +33.5% | +48.9% | 100% |
Every holding period starting at a month-end since 2024. Returns for 3 years and longer are annualized.
FEOE performance overview
First Eagle Overseas Equity ETF (FEOE) returned +19.8% over the past year, with distributions reinvested. Since its first recorded price on Dec 20, 2024 it has returned +61.1%. Over the same year S&P 500 (SPY) returned +14.4%.
The deepest decline was −12.3%, from Feb 27, 2026 to Mar 20, 2026, and it took 4 months to get back to the old high. Volatility has been 13.1% a year.
Related: FEOE chart, FEOE holdings, FEOE dividends. See the FEOE overview for the latest quote and fund facts.
FEOE performance FAQ
What is the FEOE return over the past year?
FEOE returned +19.8% over the 12 months to October 23, 2026, including reinvested distributions. On price alone it rose 18.0%.
How much would $10,000 invested in FEOE be worth?
$10,000 invested in FEOE at its first recorded close on December 20, 2024 would be worth about $16,113 on October 23, 2026 with distributions reinvested.
What is the biggest drawdown of FEOE?
The largest peak-to-trough decline was −12.3% between February 27, 2026 and March 20, 2026. It recovered to the old high on July 30, 2026, 4 months after the bottom.
How volatile is FEOE?
Over the past history FEOE had an annualized volatility of 13.1% and a Sharpe ratio of 1.77 (excess return over 1–3 month T-bills per unit of risk).