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HFGM vs FPAG

Unlimited HFGM Global Macro ETF vs FPA Global Equity ETF

HFGM

Unlimited HFGM Global Macro ETF

Annual cost

1.01%

Fund size

$155M

FPAG

FPA Global Equity ETF

Annual cost

0.49%

Fund size

$517M

Key differences

HFGM is an alternative ETF, while FPAG is an equity ETF. HFGM charges 1.01% a year and FPAG 0.49%.

  • HFGM is an alternative fund, while FPAG is an equity fund. They carry different risk/return profiles.
  • HFGM follows a tactical allocation strategy; FPAG uses index tracking.
  • FPAG costs 0.52% less per year.
  • FPAG is much larger than HFGM. Larger funds are usually more liquid and less likely to close.

Side-by-side comparison

HFGMFPAG
Annual cost (TER)1.01%0.49%
Fund size (AUM)$155M$517M
Since20252021
Dividend yield5.06%1.40%
Asset classalternativeequity
Regionglobal
Strategytactical allocationindex tracking
CAGR 1Y+32.0%+22.7%
CAGR 3YN/A+21.3%
CAGR 5YN/AN/A
Sharpe 3YN/A1.04
Volatility 1Y22.89%15.02%
Max drawdown-10.97%-28.43%

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

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