FPAG vs HYBL

Comparison between FPA GLOBAL EQUITY ETF (FPAG, ETF) and STATE STREET(R) BLACKSTONE HIGH INCOME ETF (HYBL, ETF).

5-Year PerformanceFPAG has outperformed HYBL, delivering a return of +13.9% compared to +5.8%

FPAG vs HYBL - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	FPAG(ETF)	HYBL(ETF)
Net Assets	$571M	$571M
Expense Ratio	0.49%	0.70%
Max Drawdown	29.10%	11.06%
Sharpe Ratio	1.14	0.49
5Y Beta	0.92	0.18
P/E Ratio	19.46	N/A
Forward P/E	15.85	N/A
PEG Ratio	0.36	N/A
5Y EPS CAGR	13.07%	N/A
Debt to Equity	79.04%	N/A
P/S Ratio	1.97	N/A
P/B Ratio	2.48	N/A

Net Assets

FPAG

$571M

Winner

HYBL

$571M

Expense Ratio

Winner

FPAG

0.49%

HYBL

0.70%

Max Drawdown

FPAG

29.10%

Winner

HYBL

11.06%

Sharpe Ratio

Winner

FPAG

1.14

HYBL

0.49

5Y Beta

FPAG

0.92

Winner

HYBL

0.18

P/E Ratio

FPAG

19.46

HYBL

N/A

Forward P/E

FPAG

15.85

HYBL

N/A

PEG Ratio

FPAG

0.36

HYBL

N/A

5Y EPS CAGR

FPAG

13.07%

HYBL

N/A

Debt to Equity

FPAG

79.04%

HYBL

N/A

P/S Ratio

FPAG

1.97

HYBL

N/A

P/B Ratio

FPAG

2.48

HYBL

N/A

FPAG vs HYBL - Historical Returns

Returns include dividend reinvestment.

Period	FPAG	HYBL
1 month	+7.37%	+1.28%
3 months	+8.70%	+1.66%
6 months	+8.56%	+3.04%
1 year	+22.06%	+5.22%
5 years(CAGR)	+13.92%	+5.76%
Max(CAGR)	+13.92%	+5.76%

Winner

FPAG

+7.37%

HYBL

+1.28%

Winner

FPAG

+8.70%

HYBL

+1.66%

Winner

FPAG

+8.56%

HYBL

+3.04%

Winner

FPAG

+22.06%

HYBL

+5.22%

5Y(CAGR)

Winner

FPAG

+13.92%

HYBL

+5.76%

Max(CAGR)

Winner

FPAG

+13.92%

HYBL

+5.76%

FPAG vs HYBL - Annual Returns (2021 - 2026)

Returns include dividend reinvestment.

Year	FPAG	HYBL
2026	+15.11%	+2.66%
2025	+25.54%	+7.54%
2024	+17.02%	+9.55%
2023	+28.81%	+11.59%
2022	-18.45%	-4.72%
2021	+2.93%	N/A

FPAG vs HYBL Drawdown Comparison

The maximum drawdown for FPAG was -28.44%, occurring on Oct 11, 2022. Recovery took 386 trading sessions.

The maximum drawdown for HYBL was -8.46%, occurring on Sep 29, 2022. Recovery took 340 trading sessions.

Rank	FPAG	HYBL
#1	-28.44% Jan 12, 2022 - Jul 28, 2023	-8.46% Mar 2, 2022 - Jul 11, 2023
#2	-18.05% Feb 18, 2025 - Jun 4, 2025	-4.32% Feb 19, 2025 - May 12, 2025
#3	-12.14% Feb 20, 2026 - May 28, 2026	-2.41% Jan 8, 2026 - Apr 22, 2026
#4	-11.85% Jul 28, 2023 - Dec 11, 2023	-1.90% Sep 14, 2023 - Nov 3, 2023
#5	-8.24% Jul 16, 2024 - Sep 26, 2024	-1.24% Jul 31, 2024 - Aug 14, 2024
#6	-5.36% Oct 27, 2025 - Nov 28, 2025	-1.03% Apr 9, 2024 - May 3, 2024
#7	-4.85% Jul 23, 2025 - Aug 22, 2025	-0.86% Sep 29, 2025 - Oct 24, 2025
#8	-4.73% Mar 28, 2024 - May 8, 2024	-0.79% Jul 31, 2023 - Aug 23, 2023
#9	-4.48% Dec 6, 2024 - Jan 21, 2025	-0.71% May 11, 2026 - May 29, 2026
#10	-4.38% Feb 7, 2024 - Mar 7, 2024	-0.69% Dec 27, 2023 - Jan 11, 2024
#11	-3.91% Dec 28, 2023 - Jan 25, 2024	-0.67% May 16, 2024 - Jun 6, 2024
#12	-3.84% Sep 18, 2025 - Oct 20, 2025	-0.64% Dec 11, 2024 - Jan 3, 2025
#13	-3.63% Nov 7, 2024 - Dec 6, 2024	-0.61% Nov 11, 2025 - Nov 25, 2025
#14	-3.31% Jun 15, 2026 - Jul 2, 2026	-0.56% Jul 13, 2023 - Jul 31, 2023
#15	-3.09% Jun 4, 2026 - Jun 15, 2026	-0.55% Feb 1, 2024 - Feb 22, 2024