FPAGFPA GLOBAL EQUITY ETF
FPA GLOBAL EQUITY ETF
$42.48+1.12% today
354352-WK
SOURCE: MARKET TAPE & DAILY CREATION/REDEMPTION RECORDS · 1Y SHOWN
The desk’s read
Flows are quiet — the past month netted out near zero, while the price has returned +13.4% so far this year.
COMPOSED FROM THE FUND’S OWN DAILY RECORDS · UPDATED WITH EACH REFRESH
$150Massets under management
—expense ratio
—net flow, trailing month
40Kavg daily volume, 30 days
45holdings · US-domiciled
2024listed July 10, 2024 · beta 0.96
Sector weights
PORTFOLIO COMPOSITION, LATEST DISCLOSURE
Country weights
PORTFOLIO COMPOSITION, LATEST DISCLOSURE
Performance
| 1 week | -0.6% |
| 1 month | +4.4% |
| 3 months | +9.1% |
| 6 months | +8.7% |
| YTD | +13.4% |
| 1 year | — |
| 3 years | — |
PRICE RETURN, DISTRIBUTIONS NOT REINVESTED
Net flows
| 1 week | — |
| 1 month | — |
| 3 months | — |
| YTD | — |
| 1 year | — |
CREATION/REDEMPTION DOLLARS, DAILY RECORDS
The risk read
13%realized volatility, 30 days (annualized)
15%realized volatility, 1 year
-12.1%deepest fall from a peak, 1 year
-1.1%where it sits vs. that peak today
VOLATILITY & DRAWDOWN FROM THE DAILY TAPE · CONCENTRATION FROM THE LATEST DISCLOSED BOOK
The case against FPAG
Due diligence cuts both ways. These funds sit on the same shelf and beat FPAG on at least one dimension that matters — the fee, the asset base, or where the money is going.
| Fund | Fee | Assets | Flow, 1M | The case | |
|---|---|---|---|---|---|
| IEFA iShares Core MSCI EAFE ETF | 0.07% | $195.3B | +$631M | 1306× the assets · +$631M in over the month | Head-to-head |
| IEMG iShares Core MSCI Emerging Markets ETF | 0.09% | $160.6B | +$1.9B | 1074× the assets · +$1.9B in over the month | Head-to-head |
| IDEV iShares Core MSCI International Developed Markets ETF | 0.04% | $32.7B | +$104M | 218× the assets · +$104M in over the month | Head-to-head |
| EFV iShares MSCI EAFE Value ETF | 0.34% | $31.4B | +$2.8B | 210× the assets · +$2.8B in over the month | Head-to-head |
| EEM iShares MSCI Emerging Markets ETF | 0.70% | $31.3B | +$1.4B | 209× the assets · +$1.4B in over the month | Head-to-head |