WAGN ETF Explained: Returns, Expense Ratio, Holdings & Alternative ETFs
The Fabri Waggons ETF (WAGN) is a non-diversified actively managed fund that concentrates on undervalued, high-quality global companies based on a value-investing philosophy. Key selection criteria include expense ratio, dividends, active strategy, and concentration risk.
SubscribeWhat Is the Fabri Waggons ETF?
It is an actively managed ETF that selects and concentrates on high-quality companies trading at a discount to their intrinsic value. It does not track an index; instead, portfolio managers select holdings based on their own judgment, following a value-investing approach designed to capture long-term compounding.
It is well suited for long-term investors who prefer a value-investing-based, actively managed concentrated portfolio over passive index tracking.
The ETF is actively managed by Fabri Waggons Advisors.
How to Invest in the Fabri Waggons ETF
| Item | Details |
|---|---|
| Benchmark Index | None (Actively Managed) |
| Management Style | Active (Stock Selection) |
| Rebalancing Frequency | Manager Discretion |
| Dividend Frequency | Non-Scheduled |
| Total Expense Ratio | 0.90% |
Rather than tracking an index, the management team directly selects and concentrates on high-quality companies trading below their intrinsic value. The strategy emphasizes management's ability to reinvest capital at high rates of return and the quality of corporate leadership. Selected holdings are held for the long term to benefit from compounding, in a non-diversified approach.
- High-conviction concentrated management rooted in value investing
- Freedom to select holdings without being tied to an index
Size and Cost of the Fabri Waggons ETF (AUM & Expense Ratio)
Assets under management (AUM) stand at $313.0M, with a total expense ratio of 0.90% annually.
Unlike passive index-tracking ETFs, performance is driven by the management team's judgment. Due to its active management nature, the fee burden tends to be higher than that of passive core ETFs.
Performance and Flows of the Fabri Waggons ETF
1-Year Price Performance
Dividend & Yield
52-Week Price RangeThe active value-investing strategy generates returns based on the performance of selected holdings and the market's repricing of value. In the short term, volatility may differ from that of broad indices. Performance dispersion can widen depending on the market environment.
As an actively managed ETF, capital inflows and outflows are influenced by management performance and investor confidence in the strategy. It belongs to a smaller AUM category than passive core ETFs, and its trading environment reflects this.
Pros and Cons of the Fabri Waggons ETF
Concentrated value-based management and the flexibility to select individual holdings are strengths, while the high expense ratio and non-diversified volatility are weaknesses.
💪 Key Strengths
⚠️ Points to Watch
Alternative ETFs and Related Products to the Fabri Waggons ETF
Because it is an active value-investing ETF that selects stocks without tracking an index, direct substitutes are limited. EZU, VPL, AIA, and ILF, shown alongside in the table, are passive products tracking specific regional indices and differ in management style and fee structure. ETFs such as BDYN, which pursue global active equity strategies, are worth comparing in terms of investment philosophy and concentration. Investors should carefully balance performance against the fee burden.
Peer Comparison ETFs| Ticker | Name | Price | Change | AUM | Total Expense Ratio | Dividend Yield | 1Y |
|---|---|---|---|---|---|---|---|
 EZU | iShares MSCI EMU ETF | $65.71 | +0.8% | $9.1B | 0.50% | 2.8% | +5.7% |
 VPL | Vanguard FTSE Pacific ETF | $108.41 | -0.3% | $8.4B | 0.07% | 2.23% | +18.3% |
 AIA | iShares Asia 50 ETF | $126.46 | -0.4% | $4.5B | 0.50% | 0.99% | +29.0% |
 ILF | iShares Latin America 40 ETF | $32.25 | +0.4% | $3.4B | 0.47% | 3.02% | +10.3% |
 BDYN | iShares Dynamic Equity Active ETF | $26.94 | -0.6% | $3.1B | 0.39% | 0.33% | +6.1% |
Top Holdings| Ticker | Name | Weight | Price | Change | Market Cap | P/E | Dividend Yield |
|---|---|---|---|---|---|---|---|
 HCC | Warrior Met Coal Inc | 0.21% | $82.23 | -4.3% | $4.3B | 19.8 | 0.39% |
 RIG | Transocean Ltd | 0.15% | $6.23 | -10.2% | $7.0B | - | - |
 VAL | Valaris Ltd | 0.06% | $94.69 | -10.1% | $6.6B | 7.1 | - |
 AMR | Alpha Metallurgical Resources Inc | 0.05% | $154.22 | -3.1% | $2.0B | - | - |
 KSPI | Kaspi.kz JSC ADR | 0.10% | $93.39 | +2.3% | $17.7B | 8.5 | 8.79% |
 NE | Noble Corp Plc | 0.05% | $45.46 | -7.2% | $7.3B | 140.0 | 4.4% |
Investor Checklist for the Fabri Waggons ETF
Here are the points to review before investing in WAGN. As an active value-investing ETF, it is essential to closely examine the expense burden, portfolio concentration, dependence on the management team, and currency exposure from global holdings.
| Checkpoint | What to Check | Current Status |
|---|---|---|
| 💵 Expense Ratio | Assess the active-management fee burden | Tends to be somewhat high |
| 📊 Concentration | Holding concentration in a non-diversified portfolio | Concentrated |
| 🧭 Investment Philosophy | Suitability of the value-investing strategy | Needs review |
| 🌐 Global Exposure | Weight of foreign holdings and currency impact | Needs review |
Due to its non-diversified concentration and active strategy, the primary risks stem from individual holdings and the management team's decisions. If the market's repricing of value is delayed, short-term underperformance may persist.
It is a suitable choice for long-term investors who prefer active value-based management over index tracking. Considering the fee burden and concentration risk, it is recommended to evaluate the fund as a complement to core holdings.
SubscribeDisclaimer: This content is for informational purposes only and does not constitute investment advice. All investment responsibility lies with the investor.
This article reflects information as of June 18, 2026.
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