WAGN vs. BPH

Last updated Jun 7, 2026

WAGN (Pabrai Wagons ETF) and BPH (BP p.l.c. ADRhedged ETF) are both exchange-traded funds - WAGN is a Global Equities fund actively managed by Pabrai, while BPH is a Oil & Gas fund actively managed by Precidian. Both are actively managed. At a 0.24 correlation, their price movements are largely independent. WAGN charges 0.90%/yr vs 0.19%/yr for BPH.

Performance

WAGN vs. BPH - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Pabrai Wagons ETF (WAGN) and BP p.l.c. ADRhedged ETF (BPH). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

WAGN

• 1D: -1.86%
• 1M: 3.70%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

BPH

• 1D: -1.59%
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

WAGN vs. BPH - Yearly Performance Comparison

	2026 (YTD)
WAGN Pabrai Wagons ETF	2.89%
BPH BP p.l.c. ADRhedged ETF	1.58%

Correlation

The correlation between WAGN and BPH is 0.24, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (All Time) Calculated using the full available price history since May 27, 2026	0.24

Return for Risk

WAGN vs. BPH - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Pabrai Wagons ETF (WAGN) and BP p.l.c. ADRhedged ETF (BPH). 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.

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

Sharpe Ratios by Period

	WAGN	BPH	Difference
Sharpe Ratio (All Time) Calculated using the full available price history	1.14	2.77	-1.63

Drawdowns

WAGN vs. BPH - Drawdown Comparison

The maximum WAGN drawdown since its inception was -5.79%, which is greater than BPH's maximum drawdown of -2.35%. Use the drawdown chart below to compare losses from any high point for WAGN and BPH.

Drawdown Indicators

	WAGN	BPH	Difference
Max Drawdown Largest peak-to-trough decline	-5.79%	-2.35%	-3.44%
Current Drawdown Current decline from peak	-2.43%	-1.59%	-0.84%
Average Drawdown Average peak-to-trough decline	-2.36%	-1.01%	-1.35%

Volatility

Volatility by Period

	WAGN	BPH	Difference
Volatility (1Y) Calculated over the trailing 1-year period	19.75%	24.64%	-4.89%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	19.75%	24.64%	-4.89%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	19.75%	24.64%	-4.89%

WAGN vs. BPH - Expense Ratio Comparison

WAGN has a 0.90% expense ratio, which is higher than BPH's 0.19% expense ratio.

Dividends

WAGN vs. BPH - Dividend Comparison

Neither WAGN nor BPH has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both WAGN and BPH in my portfolio?

WAGN and BPH have a correlation of 0.24, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, WAGN or BPH?

On fees, BPH is cheaper at 0.19% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, WAGN or BPH?

BPH is cheaper with a 0.19% expense ratio, compared with 0.90% for WAGN.

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

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

What is the main difference between WAGN and BPH?

WAGN is categorized as Global Equities, while BPH is Oil & Gas. They also come from different issuers: Pabrai and Precidian. Their fees differ too: 0.90% for WAGN and 0.19% for BPH.