FPAA · FPA Global Allocation ETF
FPAA returned +1.8% since it first traded on Jun 8, 2026.
Points (pts) are percentage points.
| Window | Total return | S&P 500 (SPY) | Gap to SPY |
|---|---|---|---|
| 1M Sep 9 – Oct 9, 2026 | −1.2% | +2.4% | −3.6 pts |
| 3M Jul 10 – Oct 9, 2026 | 0.0% | +3.4% | −3.4 pts |
| Since launch Jun 8 – Oct 9, 2026 | +1.8% | +5.8% | −4.0 pts |
Total return at closing prices, distributions reinvested. Every column is a total return. Not shown: 6 months, year to date, 1 year and 3 years, which the fund has not been listed long enough to fill (listed Jun 2026); its since-launch row covers all of its record. Source: ETFIQ.
FPAA against the ETFIQ 50 to 70% benchmark
Holdings Jun 30, 2026 · prices Oct 9, 2026FPAA holds 57.5% stocks, which places it in the 50 to 70% band with 21 other allocation ETFs. Its benchmark is ETFIQ Strategic 60. FPAA has 3 whole months of prices, short of a year.
Return table
Prices to Oct 9, 2026| Strategic 60 | FPAA listed Jun 8, 2026 | Difference | |
|---|---|---|---|
| 1 year | +8.93%* | not yet: 3 months of history | |
| 3 years, annualised | +14.30%* | not yet: 3 months of history | |
| 5 years, annualised | +6.57%* | not yet: 3 months of history | |
| 10 years, annualised | +7.93%* | not yet: 3 months of history |
*Hypothetical for Strategic 60: the window begins before Oct 3, 2026, when ETFIQ froze the rule. The difference needs both figures. FPAA has 3 whole months of prices, so there is no common period of a year or more yet.
Percentile in band
Band 50 to 70% · 22 funds · 3-year return to Sep 30, 2026Calendar years with percentile in band
Band 50 to 70% · 22 fundsFPAA has no whole calendar year yet: its first close is Jun 8, 2026.
The band is the funds in it today, each measured in the years it existed; a year with fewer than 10 of them has no percentile.
Risk by window
Prices to Sep 30, 2026| Measure | 3 years* | 5 years* | 10 years* | |||
|---|---|---|---|---|---|---|
| Portfolio | Benchmark | Portfolio | Benchmark | Portfolio | Benchmark | |
Volatility (annualised) Standard deviation of monthly returns, annualised | not yet: 3 months of history | 8.59% | not yet: 3 months of history | 10.97% | not yet: 3 months of history | 10.07% |
Maximum drawdown Largest peak-to-trough fall in the window | not yet: 3 months of history | −9.76% | not yet: 3 months of history | −22.31% | not yet: 3 months of history | −22.31% |
Worst month Lowest single calendar-month return | not yet: 3 months of history | −4.43% | not yet: 3 months of history | −7.38% | not yet: 3 months of history | −9.25% |
Sharpe on T-bills Excess return over 3-month T-bills, per unit of volatility | not yet: 3 months of history | 1.09 | not yet: 3 months of history | 0.28 | not yet: 3 months of history | 0.56 |
Beta to benchmark Sensitivity to the benchmark’s moves | not yet: 3 months of history | measured against itself | not yet: 3 months of history | measured against itself | not yet: 3 months of history | measured against itself |
Up capture Share of benchmark gains kept in up months | not yet: 3 months of history | measured against itself | not yet: 3 months of history | measured against itself | not yet: 3 months of history | measured against itself |
Down capture Share of benchmark losses taken in down months | not yet: 3 months of history | measured against itself | not yet: 3 months of history | measured against itself | not yet: 3 months of history | measured against itself |
*Hypothetical as a whole: the window begins before Oct 3, 2026. Drawdowns are on daily values; the other measures are from monthly returns. The benchmark measured against itself has no beta or capture.
Costs
Prospectus, May 22, 2026| Layer | A year | On $10,000 | Source · date |
|---|---|---|---|
| Fund fee | 0.49% | $49 | 485BPOS XBRL · May 22, 2026 |
Every return above is after the fund's fee.
Computed by ETFIQ from Tiingo daily prices. Data sourced by Tiingo.
In plain words
Questions people ask about FPAA
- What does FPAA cost?
- The prospectus expense ratio is 0.49% a year.
- What does FPAA hold?
- 3 positions as filed for Jun 30, 2026, with the top ten at 99.4% of the fund. 0% of its weight is in stocks the S&P 500 also holds.
- How far is FPAA below its high?
- 3.5% below its high of Aug 26, 2026, measured on the reinvested series to Oct 9, 2026.
ETFIQ links to the documents behind every figure; a link is not an endorsement.
Cite this pageCitation, APA and Markdown
ETFIQ, FPAA, allocation fund, data as of Oct 9, 2026. https://etfiq.com/funds/fpaa
ETFIQ. (Oct 9, 2026). FPAA, allocation fund. Retrieved from https://etfiq.com/funds/fpaa
[FPAA, allocation fund (ETFIQ, Oct 9, 2026)](https://etfiq.com/funds/fpaa)
Free to use with attribution for figures ETFIQ computes; issuer data stays under its owner's terms. The underlying files are at Open data.
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