See what your fund actually adds
FPA Short Duration Government ETF FPAS
Historical return decomposition and an investable replication portfolio, using data through 2026-10-09.
Fund and replication metrics
| Measure | FPAS | Replication |
|---|---|---|
| Annualized growth | 2.2% | 2.5% |
| Annualized volatility | 3.4% | 3.3% |
| Sharpe ratio | 0.65 | 0.77 |
| Maximum drawdown | 4.0% | 3.6% |
| Replication fit (R²) | 0.98 · Tracking error 0.5% | |
Replication portfolio
The published portfolio below is the investable basket used to model FPAS’s historical return behavior.
| Ticker | Building block | Weight |
|---|---|---|
| VGIT | FI · Intermediate Gov | 72.8% |
| VGSH | FI · Short Gov | 18.4% |
| AGG | FI · Aggregate | 5.7% |
| VCSH | FI · Short Corp | 3.0% |