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HFGM vs FPAA

Unlimited HFGM Global Macro ETF vs FPA Global Allocation ETF

HFGM

Unlimited HFGM Global Macro ETF

Annual cost

1.01%

Fund size

$155M

FPAA

FPA Global Allocation ETF

Annual cost

0.49%

Fund size

Key differences

HFGM is an alternative ETF, while FPAA is a mixed asset ETF. HFGM charges 1.01% a year and FPAA 0.49%.

  • HFGM is an alternative fund, while FPAA is a mixed asset fund. They carry different risk/return profiles.
  • HFGM follows a tactical allocation strategy; FPAA uses active selection.
  • FPAA costs 0.52% less per year.

Side-by-side comparison

HFGMFPAA
Annual cost (TER)1.01%0.49%
Fund size (AUM)$155M
Since20252026
Dividend yield5.06%
Asset classalternativemixed asset
Regionglobal
Strategytactical allocationactive selection
CAGR 1Y+32.0%N/A
CAGR 3YN/AN/A
CAGR 5YN/AN/A
Sharpe 3YN/AN/A
Volatility 1Y22.89%
Max drawdown-10.97%-0.85%

Beyond the comparison: Beacon helps you build, track, and project a portfolio with the ETFs you pick.

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