Summary
FPA Global Equity ETF is an ETF - a fund traded on an exchange like a stock - run by FPA. Positions inside: 73. The ten largest make up 34% of the fund.
- Yearly costs
- 0.86%
- Fund size
- $646.9M
- Positions
- 73
- Dividend yield
- 1.49%
- Running since
- 2024
What speaks for it
- Average yearly growth over the last three years: 22%.
What to watch
- Costs of 0.86% a year are above the middle of comparable funds (0.44%).
- A young fund: it has been running only since 2024.
A fund has no Bulios Score and no Fair Price of its own - both are computed from the results of a single company. This page shows what is inside the fund and what it costs instead.
Price
Performance
- 1 month
- +0.5%
- 3 months
- +4.0%
- This year
- +13%
- 1 year
- +16%
- 3 years
- +81%
- Avg. market cap
- $502.3B
- P/E
- 18.9x
- Forward P/E
- 15.8x
- P/S
- 1.6x
- P/B
- 2.3x
- P/FCF
- 17.6x
- EV/EBITDA
- 12.4x
- Dividend yield
- 1.31%
- ROIC
- 8.1%
- ROE
- 18.6%
- Gross margin
- 42.5%
- Operating margin
- 17.1%
- Net margin
- 20.3%
- Payout ratio
- 24.6%
- Net debt/EBITDA
- 2.5x
- Beta
- 0.97
Weighted average of the 50 largest companies, which make up 82% of the fund. Banks and insurers are left out of the gross margin, the ROIC and the EBITDA figures.
What is inside?
Moderately concentrated- 1 GOAlphabet GOOG 4.0%
- 2 IFInternational Flavors & Fragrances Inc. IFF 4.0%
- 3 MEMeta META 3.7%
- 4 ADAnalog Devices ADI 3.6%
- 5 HEHeineken HEIO.AS 3.5%
- 6 BECTON DICKINSON AND CO 3.3%
- 7 CCitigroup C 3.1%
- 8 VBVanguard 0-3 Month Treasury Bill ETF VBIL 3.0%
- 9 AMAmazon AMZN 2.8%
- 10 AJArthur J. Gallagher & Co. AJG 2.8%
Positions in the fund: 73. The ten largest make up 34% of it.
Composition as of Oct 19, 2026.
Where is it spread?
Spread outBy sector
- Healthcare 17%
- Communication services 14%
- Basic materials 14%
- Technology 13%
- Industrials 12%
- Other 30%
By country
- United States 57%
- Netherlands 10%
- Ireland 7.1%
- France 5.6%
- Other countries 20%
By company size
- Mega cap 22%
- Large cap 66%
- Mid cap 11%
By the company's market value: Mega cap from $200B, Large cap from $10B, Mid cap from $2B, Small cap from $300M, Micro cap below $300M. Counted from the companies that make up 86% of the fund.
Largest sector: Healthcare (17%). Largest country: United States (57%). Largest size group: Large cap (66%).
What does it cost me?
Expensive- A year from $10,000
- $86.00
- Over 20 years
- $4,024
From every $10,000 invested the fund takes $86.00 a year. You do not pay it separately - it is taken out of the fund's value. Over 20 years at 5% yearly growth that adds up to about $4,024.
How has it done?
Growing over the long run- A year on average, 3 years
- +22%
- Deepest drop
- -29%
- Yearly volatility
- 15%
Average yearly growth over the last three years: 22%. Deepest drop in these years: 29% below the earlier high.
Does it pay dividends?
Yes, it pays out- Yield
- 1.49%
- Payments a year
- 4
- Last payment
- $0.09
Over the last 12 months it paid $0.63 per share, which is 1.49% of today's price. The last payment was $0.09 on Sep 15, 2026.
Is it easy to buy and sell?
Yes- Traded a day
- $1.86M
- Shares a day
- 44K
On an average day about $1.86M of the fund changes hands.
How expensive are the companies inside?
Usual valuation- P/E of the companies inside
- 18.9
- Average Bulios Score
- 60 out of 100
Weight by Bulios Fair Price
- Undervalued 26%
- Fairly valued 13%
- Overvalued 61%
On average the companies inside trade for 18.9 times their yearly profit. By Fair Price, 61% of the rated weight comes out as overvalued.
Counted from its largest companies (50), which make up 82% of the fund. Each company counts by its weight. We use the metrics, the Bulios Score and the Fair Price of the companies themselves.
Similar funds
Funds that hold much of the same. The overlap says how much of their weight they share with this fund.
| Fund | Domicile | Size | 1-year change | Dividends | ||
|---|---|---|---|---|---|---|
EQ EQTY Kovitz Core Equity ETF | United States | 0.99% | $1.43B | +13% | Pays out | 22% |