USFE ETF — First Eagle US Equity ETF

First Eagle US Equity ETF (USFE)

Updated October 16, 2026.

USFE is an ETF. its expense ratio is 0.45%. Total return is 6.5% over the past 0.7 years, 4.1 points behind SPY at 10.6%.

First Eagle US Equity ETF is an actively managed ETF that seeks long-term capital growth by investing at least 80% of its assets in domestic equities, with flexibility to hold non-U.S. securities including depositary receipts; the fund operates as a non-diversified portfolio. The fund carries an expense ratio of 0.45% and does not maintain a regular distribution schedule. This ETF may appeal to equity investors seeking active management and capital appreciation rather than current income.

USFE performance versus SPY

Price and return data through 2026-10-16.

Total return is 6.5% over the past 0.7 years, 4.1 points behind SPY at 10.6%.

USFE key facts

Issuer

First Eagle

Asset type

ETF

Asset class

Equity

Inception date

01/26/2026

Expense ratio

0.45%

Distribution frequency

None

Last close

$37.14 (as of 2026-10-16)

AUM

$4,000,696

Average volume

2827.0

Beta

0.5279

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.

USFE risks and drawbacks

Total return has trailed SPY over the available window.

Who may consider USFE — and who may not

It is a weaker fit for investors who need monthly cash flow (USFE 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 USFE

• All tickers starting with U

Frequently asked questions

More securities from First Eagle.