WAGN vs. ACWV
WAGN (Pabrai Wagons ETF) and ACWV (iShares MSCI Global Min Vol Factor ETF) are both Global Equities funds. WAGN is actively managed, while ACWV is passively managed. With a 1.00 correlation, they move nearly in lockstep. WAGN charges 0.90%/yr vs 0.20%/yr for ACWV.
Performance
WAGN vs. ACWV - Performance Comparison
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Returns By Period
WAGN
- 1D
- -0.29%
- 1M
- —
- YTD
- —
- 6M
- —
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
ACWV
- 1D
- 0.32%
- 1M
- -0.42%
- YTD
- 2.47%
- 6M
- 2.47%
- 1Y
- 3.41%
- 3Y*
- 9.62%
- 5Y*
- 5.36%
- 10Y*
- 6.97%
WAGN vs. ACWV - Yearly Performance Comparison
| 2026 (YTD) | |
|---|---|
WAGN Pabrai Wagons ETF | -1.29% |
ACWV iShares MSCI Global Min Vol Factor ETF | 0.13% |
Correlation
The correlation between WAGN and ACWV 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 |
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Return for Risk
WAGN vs. ACWV — Risk / Return Rank
WAGN
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
ACWV
WAGN vs. ACWV - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Pabrai Wagons ETF (WAGN) and iShares MSCI Global Min Vol Factor ETF (ACWV). 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.
| WAGN | ACWV | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | — | 1.08 | — |
| Calmar ratioReturn relative to maximum drawdown | — | 0.54 | — |
| Martin ratioReturn relative to average drawdown | — | 1.54 | — |
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Drawdowns
WAGN vs. ACWV - Drawdown Comparison
The maximum WAGN drawdown since its inception was -1.29%, smaller than the maximum ACWV drawdown of -28.82%. Use the drawdown chart below to compare losses from any high point for WAGN and ACWV.
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Drawdown Indicators
| WAGN | ACWV | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -1.29% | -28.82% | +27.53% |
Max Drawdown (1Y)Largest decline over 1 year | — | -6.37% | — |
Max Drawdown (3Y)Largest decline over 3 years | — | -7.56% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -18.14% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -28.82% | — |
Current DrawdownCurrent decline from peak | -1.29% | -2.81% | +1.52% |
Average DrawdownAverage peak-to-trough decline | -1.15% | -3.11% | +1.96% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 2.22% | — |
Volatility
WAGN vs. ACWV - Volatility Comparison
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Volatility by Period
| WAGN | ACWV | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 3.18% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 6.14% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 8.04% | 8.02% | +0.02% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 8.04% | 10.27% | -2.23% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 8.04% | 12.29% | -4.25% |
WAGN vs. ACWV - Expense Ratio Comparison
WAGN has a 0.90% expense ratio, which is higher than ACWV's 0.20% expense ratio.
Dividends
WAGN vs. ACWV - Dividend Comparison
WAGN has not paid dividends to shareholders, while ACWV's dividend yield for the trailing twelve months is around 1.96%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ACWV iShares MSCI Global Min Vol Factor ETF | 1.96% | 2.09% | 2.33% | 2.41% | 2.18% | 1.92% | 1.77% | 2.54% | 2.32% | 2.04% | 2.56% | 2.28% |
WAGN Pabrai Wagons ETF | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
With a correlation of 1.00, WAGN and ACWV 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, ACWV is cheaper at 0.20% per year. The better choice depends on whether you care most about return, fees, risk, or income.
ACWV is cheaper with a 0.20% expense ratio, compared with 0.90% for WAGN.
ACWV has the higher dividend yield at 1.96%, compared with 0.00% for WAGN.
They also come from different issuers: Pabrai and iShares. Their fees differ too: 0.90% for WAGN and 0.20% for ACWV.
Find the right allocation for WAGN and ACWV
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