SQS vs. WAGN

Last updated Jul 2, 2026

SQS (Sapient Quality Select ETF) and WAGN (Pabrai Wagons ETF) are both Global Equities funds. Both are actively managed. At a correlation of -1.00, they often move in opposite directions. SQS charges 0.80%/yr vs 0.90%/yr for WAGN.

Performance

SQS vs. WAGN - Performance Comparison

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

Returns By Period

SQS

• 1D: -0.39%
• 1M: -2.44%
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

WAGN

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

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

SQS vs. WAGN - Yearly Performance Comparison

	2026 (YTD)
SQS Sapient Quality Select ETF	0.71%
WAGN Pabrai Wagons ETF	-1.29%

Correlation

The correlation between SQS and WAGN is -1.00, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.

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

Return for Risk

SQS vs. WAGN - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Sapient Quality Select ETF (SQS) 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

SQS vs. WAGN - Drawdown Comparison

The maximum SQS drawdown since its inception was -7.90%, which is greater than WAGN's maximum drawdown of -1.29%. Use the drawdown chart below to compare losses from any high point for SQS and WAGN.

Drawdown Indicators

	SQS	WAGN	Difference
Max Drawdown Largest peak-to-trough decline	-7.90%	-1.29%	-6.61%
Current Drawdown Current decline from peak	-2.67%	-1.29%	-1.38%
Average Drawdown Average peak-to-trough decline	-1.95%	-1.15%	-0.80%

Volatility

Volatility by Period

	SQS	WAGN	Difference
Volatility (1Y) Calculated over the trailing 1-year period	18.93%	8.04%	+10.89%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	18.93%	8.04%	+10.89%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.93%	8.04%	+10.89%

SQS vs. WAGN - Expense Ratio Comparison

SQS has a 0.80% expense ratio, which is lower than WAGN's 0.90% expense ratio.

Dividends

SQS vs. WAGN - Dividend Comparison

Neither SQS nor WAGN has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both SQS and WAGN in my portfolio?

SQS and WAGN have a correlation of -1.00, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, SQS or WAGN?

On fees, SQS is cheaper at 0.80% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, SQS or WAGN?

SQS is cheaper with a 0.80% expense ratio, compared with 0.90% for WAGN.

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

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

What is the main difference between SQS and WAGN?

They also come from different issuers: Sapient and Pabrai. Their fees differ too: 0.80% for SQS and 0.90% for WAGN.