{"url":"https://etfiq.com/models/compare/fpaa/","section":"models","title":"FPAA ETF vs the ETFIQ Strategic 60 Benchmark | ETFIQ","description":"As of Oct 9, 2026, FPAA has no full year of prices to set beside the ETFIQ Strategic 60 benchmark. Returns, fees and growth of $10,000 by window.","as_of":"Oct 9, 2026","structured_data":[{"@type":"ItemList","name":"FPAA and its matched benchmark","numberOfItems":2,"itemListElement":[{"@type":"ListItem","position":1,"name":"FPAA, FPA Global Allocation ETF","url":"https://etfiq.com/funds/fpaa"},{"@type":"ListItem","position":2,"name":"ETFIQ Strategic, 60% stocks","url":"https://etfiq.com/benchmarks/strategic-60/"}]},{"@type":"FAQPage","mainEntity":[{"@type":"Question","name":"Why is FPAA measured against ETFIQ Strategic 60?","acceptedAnswer":{"@type":"Answer","text":"FPAA holds 57.5% of its net assets in stocks, counting stocks inside any funds it owns. That puts it in the moderate band, more than 50% and up to 70% stocks. ETFIQ Strategic 60 is that band\u2019s benchmark."}},{"@type":"Question","name":"What does ETFIQ Strategic 60 hold?","acceptedAnswer":{"@type":"Answer","text":"60% VT and 40% US bonds (BND and AGG in equal parts), rebalanced on the last trading day of each month. It is a rule, not a fund. ETFIQ takes no payment from any fund company."}},{"@type":"Question","name":"Why are the benchmark\u2019s returns hypothetical?","acceptedAnswer":{"@type":"Answer","text":"Its rule was frozen on a set date. Returns before that date apply today\u2019s rule and funds to earlier prices. The fund\u2019s own returns use its market price with distributions reinvested. The price source leaves out funds that closed before 2016, so results lean toward funds that survived."}}]},{"@type":"BreadcrumbList","itemListElement":[{"@type":"ListItem","position":1,"name":"ETFIQ","item":"https://etfiq.com/"},{"@type":"ListItem","position":2,"name":"ETF Models","item":"https://etfiq.com/models/"},{"@type":"ListItem","position":3,"name":"Every model","item":"https://etfiq.com/models/list/"},{"@type":"ListItem","position":4,"name":"FPAA","item":"https://etfiq.com/models/compare/fpaa/"}]},{"@type":"WebPage","name":"FPAA ETF vs the ETFIQ Strategic 60 Benchmark","description":"As of Oct 9, 2026, FPAA has no full year of prices to set beside the ETFIQ Strategic 60 benchmark. Returns, fees and growth of $10,000 by window.","url":"https://etfiq.com/models/compare/fpaa/","dateModified":"2026-10-09","isPartOf":{"@type":"WebSite","name":"ETFIQ","url":"https://etfiq.com"},"speakable":{"@type":"SpeakableSpecification","cssSelector":[".verdict",".lede",".faq"]},"publisher":{"@id":"https://etfiq.com/#org"}}],"characters":4642,"truncated":false,"content":"ETFIQ / ETF Models / Every model / FPAA \n \n Rebuilt every trading night. Figures as of Oct 9, 2026.\n FPAA against the ETFIQ Strategic 60 benchmark\n FPA Global Allocation ETF holds 57.5% of its net assets in stocks, counting stocks inside any funds it owns. That puts it in the moderate band. Its benchmark is ETFIQ Strategic, 60% stocks, a rule, not a fund.\n 0.49% Expense ratio \n\n As of Oct 9, 2026, FPAA has no full year of prices to set beside the ETFIQ Strategic 60 benchmark.\n ETFIQ Strategic, 60% stocks: launched on Oct 3, 2026, when ETFIQ froze its rule. Figures before Oct 5, 2026 are hypothetical: we apply today\u2019s rule and funds to earlier prices. From Oct 5, 2026 the record is tracked. A window that starts earlier is hypothetical as a whole.\n Other allocation ETFs against their benchmarks\n ALTY AOA AOK AOM AOR AVMA CGBL DPRE ELM FARX FPAA FREI FTBI GAA GMOD GYLD HEFT INCM INKM IRTR ITDB ITDC ITDD ITDE IYLD JFLI LCR MDIV MFUL MHIG MHIP NDOW OCIO PVEX RAA RISN RJVI RSMV TBFC TBFG TRND TRTY XFLX XRLX YLDW FPAA and Strategic 60 by window\n FPAA\u2019s own market-price total return beside Strategic 60 over the same closes. YTD and 1 year are total returns; the longer windows are yearly rates over whole months. The difference is in percentage points. Data sourced by Tiingo .\n Total return of FPAA and ETFIQ Strategic, 60% stocks by window, to Oct 9, 2026. Data sourced by Tiingo. Window From To FPAA Strategic 60 Difference, points Side \n Year to date not published not published not published not published not published not published \n 1 year not published not published not published not published not published not published \n 3 years, a year not published not published not published not published not published not published \n 5 years, a year not published not published not published not published not published not published \n 10 years, a year not published not published not published not published not published not published \n Since the shared start, a year not published not published not published not published not published not published \n\n Fees\n Both fees are already inside the returns above. On $10,000 is the fee times 100, the dollars a year at that fee.\n The expense ratio of FPAA and the weighted fund fee of ETFIQ Strategic, 60% stocks. Portfolio Fee A year On $10,000 As of \n FPAA Expense ratio, from its prospectus 0.49% $49 May 22, 2026 \n Strategic 60 Weighted fund fee, inside its returns 0.05% $5 Oct 9, 2026 \n\n Questions people ask\n Why is FPAA measured against ETFIQ Strategic 60? FPAA holds 57.5% of its net assets in stocks, counting stocks inside any funds it owns. That puts it in the moderate band, more than 50% and up to 70% stocks. ETFIQ Strategic 60 is that band\u2019s benchmark. What does ETFIQ Strategic 60 hold? 60% VT and 40% US bonds (BND and AGG in equal parts), rebalanced on the last trading day of each month. It is a rule, not a fund. ETFIQ takes no payment from any fund company. Why are the benchmark\u2019s returns hypothetical? Its rule was frozen on a set date. Returns before that date apply today\u2019s rule and funds to earlier prices. The fund\u2019s own returns use its market price with distributions reinvested. The price source leaves out funds that closed before 2016, so results lean toward funds that survived. Total returns use market price with distributions reinvested, after each fund\u2019s own fees. Nothing else is deducted. The price source leaves out funds that closed before 2016, so results lean toward funds that survived. Data sourced by Tiingo .\n Where these figures came from\n Data sourced by Tiingo U.S. Treasury daily bill rates, for the Sharpe ratio FPAA\u2019s page, with its prospectus and fee FPAA\u2019s prospectus filing, for its expense ratio Where to next\n FPAA fund page The Strategic 60 benchmark Every benchmark at 60% stocks Every model, side by side How the benchmarks are built ETFIQ publishes ETF data. It is independent, is not an investment adviser, takes no payment from issuers, and makes no recommendations.\n \n Cite this page. ETFIQ, FPAA ETF vs the ETFIQ Strategic 60 Benchmark, data as of Oct 9, 2026. https://etfiq.com/models/compare/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 .\n Other forms Plain ETFIQ, FPAA ETF vs the ETFIQ Strategic 60 Benchmark, data as of Oct 9, 2026. https://etfiq.com/models/compare/fpaa/ APA ETFIQ. (Oct 9, 2026). FPAA ETF vs the ETFIQ Strategic 60 Benchmark. Retrieved from https://etfiq.com/models/compare/fpaa/ Markdown [FPAA ETF vs the ETFIQ Strategic 60 Benchmark (ETFIQ, Oct 9, 2026)](https://etfiq.com/models/compare/fpaa/)","source":"ETFIQ, independent ETF data. Recomputed nightly from public filings and prices.","publisher":{"@id":"https://etfiq.com/#org","name":"ETFIQ","url":"https://etfiq.com"},"license":"https://etfiq.com/license/","license_text":"Figures ETFIQ computes are free to use with attribution: ETFIQ (etfiq.com). Issuer data stays under its owner's terms.","citation":"ETFIQ, FPAA ETF vs the ETFIQ Strategic 60 Benchmark, data as of Oct 9, 2026. https://etfiq.com/models/compare/fpaa/"}