FEGE:NYSEFirst Eagle Global Equity ETF Analysis
Data as of 2026-04-02 - not real-time
$47.18
Latest Price
4/10Risk
Risk Level: Medium
Executive Summary
FEGE is trading at $47.18, essentially aligned with its 20‑day SMA of $47.20 and comfortably above the 200‑day SMA of $44.97, suggesting a modest upward bias. The MACD histogram is positive (0.09) and the signal line is bullish, while the RSI sits at 46, indicating neutral momentum. Support sits at $45.70 and resistance at $49.07, framing a relatively tight range, and the ETF has delivered an impressive 11.45% YTD return amid an "Extreme Greed" market sentiment (Fear & Greed Index 78.8).
Risk metrics are modest: beta of 0.71 points to lower market volatility, 30‑day volatility is 18.5%, and the maximum drawdown to date is just under 11%. With a 0.5% expense ratio, zero tracking error, and stable trading volume, the fund offers a low‑cost, well‑tracked exposure to a diversified global large‑stock blend.
Risk metrics are modest: beta of 0.71 points to lower market volatility, 30‑day volatility is 18.5%, and the maximum drawdown to date is just under 11%. With a 0.5% expense ratio, zero tracking error, and stable trading volume, the fund offers a low‑cost, well‑tracked exposure to a diversified global large‑stock blend.
Market Outlook
Short Term
< 1 yearNeutral
Model confidence: 7/10
Key Factors
- Bullish MACD signal with positive histogram
- Price holding above 20‑day SMA and near support level
- Strong YTD performance in a high‑greed market
Medium Term
1–3 yearsPositive
Model confidence: 8/10
Key Factors
- Low beta (0.71) indicating reduced market volatility
- Diversified global large‑stock blend reducing sector risk
- Attractive expense ratio (0.5%) and zero tracking error
Long Term
> 3 yearsPositive
Model confidence: 7/10
Key Factors
- Sustainable dividend yield (~1.15%) for income
- Broad global equity exposure supporting long‑term growth
- Consistently low tracking error and disciplined cost structure
Key Metrics & Analysis
Fund Metrics
Expense Ratio0.50%
AUM$1.5B
Inception Date2024-12-19
Avg Daily Volume414,200
Premium/Discount0.00%
Tracking Error0.00%
Dividend Yield1.15%
Technical Analysis
TrendNeutral
RSI46.0
Support$45.69
Resistance$49.07
MA 20$47.20
MA 50$48.91
MA 200$44.97
MACDBullish
VolumeStable
Fear & Greed Index78.8
Risk Assessment
Beta0.71
Volatility18.53%
Currency RiskMedium
Liquidity RiskLow
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This analysis may contain inaccuracies and is provided for informational and research purposes only. It is not personal investment advice, a recommendation, or an instruction to buy, sell, or hold any asset.