WAGN vs. FIXT
WAGN (Pabrai Wagons ETF) and FIXT (Procure Disaster Recovery Strategy ETF) are both Global Equities funds. WAGN is actively managed, while FIXT is passively managed. With a 1.00 correlation, they move nearly in lockstep. WAGN charges 0.90%/yr vs 0.75%/yr for FIXT.
Performance
WAGN vs. FIXT - Performance Comparison
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Returns By Period
WAGN
- 1D
- -0.29%
- 1M
- —
- YTD
- —
- 6M
- —
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
FIXT
- 1D
- -0.23%
- 1M
- 0.49%
- YTD
- 0.85%
- 6M
- 0.85%
- 1Y
- 4.16%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
WAGN vs. FIXT - Yearly Performance Comparison
| 2026 (YTD) | |
|---|---|
WAGN Pabrai Wagons ETF | -1.29% |
FIXT Procure Disaster Recovery Strategy ETF | -0.57% |
Correlation
The correlation between WAGN and FIXT 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. FIXT — Risk / Return Rank
WAGN
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
FIXT
WAGN vs. FIXT - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Pabrai Wagons ETF (WAGN) and Procure Disaster Recovery Strategy ETF (FIXT). 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 | FIXT | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | — | 1.20 | — |
| Calmar ratioReturn relative to maximum drawdown | — | 1.38 | — |
| Martin ratioReturn relative to average drawdown | — | 3.81 | — |
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Drawdowns
WAGN vs. FIXT - Drawdown Comparison
The maximum WAGN drawdown since its inception was -1.29%, smaller than the maximum FIXT drawdown of -3.02%. Use the drawdown chart below to compare losses from any high point for WAGN and FIXT.
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Drawdown Indicators
| WAGN | FIXT | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -1.29% | -3.02% | +1.73% |
Max Drawdown (1Y)Largest decline over 1 year | — | -3.02% | — |
Current DrawdownCurrent decline from peak | -1.29% | -1.28% | -0.01% |
Average DrawdownAverage peak-to-trough decline | -1.15% | -0.76% | -0.39% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 1.09% | — |
Volatility
WAGN vs. FIXT - Volatility Comparison
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Volatility by Period
| WAGN | FIXT | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 1.06% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 2.55% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 8.04% | 3.75% | +4.29% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 8.04% | 3.75% | +4.29% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 8.04% | 3.75% | +4.29% |
WAGN vs. FIXT - Expense Ratio Comparison
WAGN has a 0.90% expense ratio, which is higher than FIXT's 0.75% expense ratio.
Dividends
WAGN vs. FIXT - Dividend Comparison
WAGN has not paid dividends to shareholders, while FIXT's dividend yield for the trailing twelve months is around 5.56%.
| Position | TTM | 2025 |
|---|---|---|
FIXT Procure Disaster Recovery Strategy ETF | 5.56% | 3.24% |
WAGN Pabrai Wagons ETF | 0.00% | 0.00% |
Frequently Asked Questions
With a correlation of 1.00, WAGN and FIXT 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, FIXT is cheaper at 0.75% per year. The better choice depends on whether you care most about return, fees, risk, or income.
FIXT is cheaper with a 0.75% expense ratio, compared with 0.90% for WAGN.
FIXT has the higher dividend yield at 5.56%, compared with 0.00% for WAGN.
They also come from different issuers: Pabrai and Procure. Their fees differ too: 0.90% for WAGN and 0.75% for FIXT.
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