FEMD ETF — First Eagle Mid Cap Equity ETF

First Eagle Mid Cap Equity ETF (FEMD)

Updated October 16, 2026.

FEMD is an ETF. its expense ratio is 0.55%. Total return is -1.0% over the past 0.7 years, 11.6 points behind SPY at 10.6%.

First Eagle Mid Cap Equity ETF is an actively managed exchange-traded fund that invests primarily in equity securities of U.S. mid-cap companies, focusing on what the adviser identifies as undervalued opportunities. The fund does not currently have an established distribution schedule and carries an expense ratio of 0.55%. This fund may appeal to growth-oriented investors seeking active management exposure to the mid-cap equity segment.

FEMD performance versus SPY

Price and return data through 2026-10-16.

Total return is -1.0% over the past 0.7 years, 11.6 points behind SPY at 10.6%.

FEMD key facts

Issuer

First Eagle

Asset type

ETF

Asset class

Equity

Inception date

01/26/2026

Expense ratio

0.55%

Distribution frequency

None

Last close

$34.60 (as of 2026-10-16)

AUM

$3,786,904

Average volume

520.0

Beta

1.1172

How Dividend Vision calculates yield and returns

Distribution rate (the posted rate) uses calculation basis unavailable. Issuer rates can use a different denominator and date, including ex-date NAV. Trailing-12-month yield is the sum of split-adjusted cash distributions with ex-dates in the last 12 months, divided by the published price. It lags a recent raise or cut. Total return uses split-adjusted close with distributions reinvested on the ex-dividend date (a modeling convention, not the cash-settlement date) from the first stored bar on or after inception through the latest bar, compared with the same window on the benchmark. That is the security's total return, not your personal gain/loss.

Yield and safety methodology · Distribution rate methodology · Distribution Safety Score methodology

Sources and review

Primary sources: First Eagle; prices and distributions from Dividend Vision, derived from vendor EOD data.

Reviewed by Bert Sweet, CEO and Co-owner of Dividend Vision. Methodology: Distribution Safety Score.

FEMD risks and drawbacks

Total return has trailed SPY over the available window.

Who may consider FEMD — and who may not

It is a weaker fit for investors who need monthly cash flow (FEMD does not currently distribute); investors whose main goal is matching SPY total return. This is educational context, not a recommendation to buy or sell.

More on FEMD

• All tickers starting with F

Tagged: Mid Cap.

Frequently asked questions

More securities from First Eagle.