ETFT vs. WAGN

Last updated Jul 2, 2026

ETFT (Fundsmith Equity ETF) and WAGN (Pabrai Wagons ETF) are both Global Equities funds. Both are actively managed. With a 1.00 correlation, they move nearly in lockstep. ETFT charges 0.60%/yr vs 0.90%/yr for WAGN.

Performance

ETFT vs. WAGN - Performance Comparison

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

Returns By Period

ETFT

• 1D: 0.91%
• 1M: -1.42%
• YTD: -1.78%
• 6M: -1.78%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

WAGN

• 1D: -0.29%
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

ETFT vs. WAGN - Yearly Performance Comparison

	2026 (YTD)
ETFT Fundsmith Equity ETF	0.99%
WAGN Pabrai Wagons ETF	-1.29%

Correlation

The correlation between ETFT and WAGN is 1.00 - these two move nearly in lockstep. At this level, holding both provides almost no diversification benefit. If you already own one, adding the other does little to reduce portfolio risk.

	Correlation
Correlation (All Time) Calculated using the full available price history since Jun 30, 2026	1.00

Return for Risk

ETFT vs. WAGN - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Fundsmith Equity ETF (ETFT) 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

ETFT vs. WAGN - Drawdown Comparison

The maximum ETFT drawdown since its inception was -14.77%, which is greater than WAGN's maximum drawdown of -1.29%. Use the drawdown chart below to compare losses from any high point for ETFT and WAGN.

Drawdown Indicators

	ETFT	WAGN	Difference
Max Drawdown Largest peak-to-trough decline	-14.77%	-1.29%	-13.48%
Current Drawdown Current decline from peak	-4.32%	-1.29%	-3.03%
Average Drawdown Average peak-to-trough decline	-4.75%	-1.15%	-3.60%

Volatility

Volatility by Period

	ETFT	WAGN	Difference
Volatility (1Y) Calculated over the trailing 1-year period	15.17%	8.04%	+7.13%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.17%	8.04%	+7.13%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	15.17%	8.04%	+7.13%

ETFT vs. WAGN - Expense Ratio Comparison

ETFT has a 0.60% expense ratio, which is lower than WAGN's 0.90% expense ratio.

Dividends

ETFT vs. WAGN - Dividend Comparison

Neither ETFT nor WAGN has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both ETFT and WAGN in my portfolio?

With a correlation of 1.00, ETFT and WAGN move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Which ETF is better, ETFT or WAGN?

On fees, ETFT is cheaper at 0.60% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, ETFT or WAGN?

ETFT is cheaper with a 0.60% expense ratio, compared with 0.90% for WAGN.

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

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

What is the main difference between ETFT and WAGN?

They also come from different issuers: Fundsmith and Pabrai. Their fees differ too: 0.60% for ETFT and 0.90% for WAGN.