TOGA vs. WAGN
TOGA (Tremblant Global 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. TOGA charges 0.69%/yr vs 0.90%/yr for WAGN.
Performance
TOGA vs. WAGN - Performance Comparison
Loading charts...
Returns By Period
TOGA
- 1D
- 2.41%
- 1M
- 2.70%
- 6M
- -7.11%
- YTD
- -7.11%
- 1Y
- -7.82%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
WAGN
- 1D
- -0.29%
- 1M
- —
- 6M
- —
- YTD
- —
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
TOGA vs. WAGN - Yearly Performance Comparison
| 2026 (YTD) | |
|---|---|
TOGA Tremblant Global ETF | 2.67% |
WAGN Pabrai Wagons ETF | -1.29% |
Correlation
The correlation between TOGA 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 |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
TOGA vs. WAGN — Risk / Return Rank
TOGA
WAGN
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
TOGA vs. WAGN - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Tremblant Global ETF (TOGA) 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.
| TOGA | WAGN | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | 0.96 | — | — |
| Calmar ratioReturn relative to maximum drawdown | -0.28 | — | — |
| Martin ratioReturn relative to average drawdown | -0.58 | — | — |
Loading charts...
Drawdowns
TOGA vs. WAGN - Drawdown Comparison
The maximum TOGA drawdown since its inception was -28.50%, which is greater than WAGN's maximum drawdown of -1.29%. Use the drawdown chart below to compare losses from any high point for TOGA and WAGN.
Loading charts...
Drawdown Indicators
| TOGA | WAGN | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -28.50% | -1.29% | -27.21% |
Max Drawdown (1Y)Largest decline over 1 year | -28.50% | — | — |
Current DrawdownCurrent decline from peak | -12.87% | -1.29% | -11.58% |
Average DrawdownAverage peak-to-trough decline | -6.81% | -1.15% | -5.66% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 13.44% | — | — |
Volatility
TOGA vs. WAGN - Volatility Comparison
Loading charts...
Volatility by Period
| TOGA | WAGN | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.91% | — | — |
Volatility (6M)Calculated over the trailing 6-month period | 17.64% | — | — |
Volatility (1Y)Calculated over the trailing 1-year period | 21.26% | 8.04% | +13.22% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 21.17% | 8.04% | +13.13% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 21.17% | 8.04% | +13.13% |
TOGA vs. WAGN - Expense Ratio Comparison
TOGA has a 0.69% expense ratio, which is lower than WAGN's 0.90% expense ratio.
Dividends
TOGA vs. WAGN - Dividend Comparison
Neither TOGA nor WAGN has paid dividends to shareholders.
Frequently Asked Questions
With a correlation of 1.00, TOGA 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.
On fees, TOGA is cheaper at 0.69% per year. The better choice depends on whether you care most about return, fees, risk, or income.
TOGA is cheaper with a 0.69% expense ratio, compared with 0.90% for WAGN.
TOGA and WAGN have nearly identical dividend yields, around 0.00%.
They also come from different issuers: Tremblant Advisors and Pabrai. Their fees differ too: 0.69% for TOGA and 0.90% for WAGN.
Find the right allocation for TOGA and WAGN
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer