# FPAA (FPA Global Allocation ETF)

FPA · Allocation ETFs · Moderate · data as of Oct 9, 2026

FPAA returned +1.8% since it first traded on Jun 8, 2026.

## Key facts

- FPAA, total return, since launch, Jun 8, 2026: +1.8%, as of Oct 9, 2026.
- FPAA, expense ratio: 0.49%, as of Oct 9, 2026.
- FPAA, holdings: 3, as of Oct 9, 2026.
- FPAA, below its high: −3.5%, as of Oct 9, 2026.
- FPAA, last payment, ex-date Sep 25, 2026: $0.1291, as of Oct 9, 2026.
- FPAA, net assets: $10m (SEC filing, whole fund, as filed for Jun 30, 2026).

## FPAA over each window to Oct 9, 2026

| Window | Total return | S&P 500 (SPY) | Gap to SPY |
| --- | --- | --- | --- |
| 1 month | −1.2% | +2.4% | −3.6 pts |
| 3 months | 0.0% | +3.4% | −3.4 pts |
| Since launch | +1.8% | +5.8% | −4.0 pts |

## Every published field

| Field | Value | Source |
| --- | --- | --- |
| Fund type | Allocation fund | ETFIQ |
| Category | Allocation · Moderate | ETFIQ |
| Expense ratio | 0.49% | 485BPOS XBRL, May 22, 2026 |
| Price | $24.91 | ETFIQ |
| First traded | Jun 8, 2026 | ETFIQ |
| Net assets | $10m | SEC filing, whole fund, as filed for Jun 30, 2026 |
| Benchmark | Its own holdings, as of Jun 30, 2026; its prospectus names no index it tracks | ETFIQ, from its filings |
| Below its high | −3.5% | ETFIQ |
| Holdings | 3 | ETFIQ |
| Top ten weight | 99.4% | ETFIQ |
| Holdings as of | Jun 30, 2026 | SEC N-PORT |
| Already in the S&P 500, by weight | 0.0% | ETFIQ |
| Active share vs the S&P 500 | 100.0% | ETFIQ |
| Already in the Nasdaq-100, by weight | 0.0% | ETFIQ |

## Questions

### 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.


## Cite this page

ETFIQ, FPAA, allocation fund, data as of 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 https://etfiq.com/data/.

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