CDIG vs. WAGN

Last updated Jul 31, 2026

CDIG (City Different Investments Global Equity ETF) and WAGN (Pabrai Wagons ETF) are both Global Equities funds. Both are actively managed. Their 0.30 correlation means their historical movements had little consistent relationship. CDIG charges 0.75%/yr vs 0.90%/yr for WAGN.

Performance

CDIG vs. WAGN - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in City Different Investments Global Equity ETF (CDIG) and Pabrai Wagons ETF (WAGN). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

CDIG

• 1D: 0.87%
• 1M: -3.00%
• 6M: -5.09%
• YTD: -0.17%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: —

WAGN

• 1D: 0.63%
• 1M: 3.71%
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
CDIG City Different Investments Global Equity ETF	$177.13K	$207.07K	$220.02K
WAGN Pabrai Wagons ETF	$2.56M	$2.23M	$2.20M

CDIG vs. WAGN - Yearly Performance Comparison

	2026 (YTD)
CDIG City Different Investments Global Equity ETF	-3.44%
WAGN Pabrai Wagons ETF	2.66%

Correlation

The correlation between CDIG and WAGN is 0.30, which is low. Their historical price movements had little consistent relationship.

	Correlation
Correlation (All Time) Calculated using the full available price history since Jun 30, 2026	0.30

Return for Risk

CDIG vs. WAGN - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for City Different Investments Global Equity ETF (CDIG) and Pabrai Wagons ETF (WAGN). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Drawdowns

CDIG vs. WAGN - Drawdown Comparison

The maximum CDIG drawdown since its inception was -11.35%, which is greater than WAGN's maximum drawdown of -1.36%. Use the drawdown chart below to compare losses from any high point for CDIG and WAGN.

Drawdown Indicators

	CDIG	WAGN	Difference
Max Drawdown Largest peak-to-trough decline	-11.35%	-1.36%	-9.99%
Current Drawdown Current decline from peak	-8.03%	0.00%	-8.03%
Average Drawdown Average peak-to-trough decline	-3.56%	-0.58%	-2.98%

Volatility

Volatility by Period

	CDIG	WAGN	Difference
Volatility (1Y) Calculated over the trailing 1-year period	21.96%	12.78%	+9.18%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	21.96%	12.78%	+9.18%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	21.96%	12.78%	+9.18%

CDIG vs. WAGN - Expense Ratio Comparison

CDIG has a 0.75% expense ratio, which is lower than WAGN's 0.90% expense ratio.

Dividends

CDIG vs. WAGN - Dividend Comparison

Neither CDIG nor WAGN has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both CDIG and WAGN in my portfolio?

CDIG and WAGN have a correlation of 0.30, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, CDIG or WAGN?

On fees, CDIG is cheaper at 0.75% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, CDIG or WAGN?

CDIG is cheaper with a 0.75% expense ratio, compared with 0.90% for WAGN.

Which ETF pays a higher dividend yield, CDIG or WAGN?

CDIG and WAGN have nearly identical dividend yields, around 0.00%.

What is the main difference between CDIG and WAGN?

They also come from different issuers: City Different and Pabrai. Their fees differ too: 0.75% for CDIG and 0.90% for WAGN.