FGSM Performance — Frontier Asset Global Small Cap Equity ETF
Data updated: 2026-09-28
FGSM returned +12.32% year to date and +29.14% over one year to Jul 2026. Over one year the fund trailed its Emerging Markets Equity category average: $100 grew to $129, against $134 for the category. Volatility over the past 12 months was 12.91% a year. In the 12 months to Jul 2026 the fund lost a net $20.4M, and assets reached $50.99M.
FGSM Growth of $100
What $100 invested in Frontier Asset Global Small Cap Equity ETF grew to, compounded from monthly returns reported on SEC Form N-PORT, against the Emerging Markets Equity category average over the same months.
| Period | FGSM | Category average |
|---|---|---|
| 1 year (Aug 2025 – Jul 2026) | $129 | $134 |
| Since data start (Nov 2024 – Jul 2026) | $142 | $149 |
FGSM Trailing Returns
Total returns to Jul 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | +12.32% |
| 1 year | +29.14% |
FGSM Annual Returns
Calendar-year total returns of Frontier Asset Global Small Cap Equity ETF, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–Jul) | +12.32% |
| 2025 | +22.01% |
| 2024 (Nov–Dec) | +3.48% |
FGSM Monthly Returns
Monthly total returns as reported on SEC Form N-PORT.
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | +2.6% | +7.9% | −6.1% | +4.4% | −0.5% | +1.7% | +2.3% | — | — | — | — | — |
| 2025 | 0.0% | +0.1% | −2.4% | −2.6% | +1.0% | +4.2% | +6.0% | −0.5% | +1.8% | +6.1% | +5.9% | +1.0% |
| 2024 | — | — | — | — | — | — | — | — | — | — | +2.6% | +0.8% |
FGSM Risk
Risk measures from monthly returns over Aug 2025 – Jul 2026.
- 1-year volatility (annualised): 12.91%
- Best month: +7.95% (Feb 2026)
- Worst month: −6.13% (Mar 2026)
FGSM Fund Flows
Monthly money in and out of Frontier Asset Global Small Cap Equity ETF, from SEC Form N-PORT.
- 12-month net flow: −$20.4M
- 12-month gross sales (incl. reinvestments): $5.3M
- Sales ÷ redemptions: 0.21×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Jul 2026 | $0 | $10.3M | −$10.3M |
| Jun 2026 | $0 | $0 | $0 |
| May 2026 | $2.4M | $2.1M | $331K |
| Apr 2026 | $0 | $0 | $0 |
| Mar 2026 | $2.6M | $8.5M | −$5.9M |
| Feb 2026 | $327K | $1.3M | −$971K |
| Jan 2026 | $0 | $0 | $0 |
| Dec 2025 | $0 | $0 | $0 |
| Nov 2025 | $0 | $2.5M | −$2.5M |
| Oct 2025 | $0 | $540K | −$540K |
| Sep 2025 | $0 | $0 | $0 |
| Aug 2025 | $0 | $585K | −$585K |
FGSM Assets Under Management
Net assets of Frontier Asset Global Small Cap Equity ETF by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-07-31 | $50.99M |
| 2026-04-30 | $59.30M |
| 2026-01-31 | $63.08M |
| 2025-10-31 | $60.28M |
| 2025-07-31 | $57.20M |
| 2025-04-30 | $60.78M |
| 2025-01-31 | $59.24M |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.