Brendan Wood TopGun ETF
$41.85−0.19 (−0.46%)
- Expense ratio
- 0.98%
- Fund size
- $21M
- 1Y return
- +10.7%
- Yield · Last 12 months
- 0.33%
- Holdings
- 21
- Volume · 30D
- 0M sh
- NAV per share
- $42.11
- 52W range
The ETF.net BWTG Grade
Score 32 of 100 sits in the D band. Bands: A ≥ 70, B ≥ 55, C ≥ 40, D ≥ 25, F < 25; the scale skips E.
Cost
What you pay to own it — the expense ratio plus trading frictions, ranked within its category.FScore 13Category rankMission
How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.Not scoredRisk
How violently it can move — volatility, drawdown depth, and downside capture versus its category.BScore 69Category rankTradability
How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.DScore 30Category rankHoldings
What it actually owns — the quality, breadth, and concentration of the underlying portfolio.DScore 36Category rankDurability
Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.CScore 40Category rank
Our read on BWTG
DRoughly two dozen US stocks, screened by the TopGun model out of a 1,400-name 'Shareholder Conviction Universe.' A boutique research shop's high-conviction list wrapped in an ETF, priced at 0.98%.
The Fund seeks growth consistent with preserving capital by investing mainly in publicly listed equities selected through the sub-adviser’s TopGun model. The model emphasizes companies receiving the highest investment-quality ratings.
Why people hold it
- Real concentration. Roughly two dozen names means the model's picks actually drive the fund, rather than getting diluted inside a long tail of filler positions.
- The process is stated up front: start from a large conviction universe of liquid US companies, then keep the ones earning the highest investment-quality ratings. Quality and momentum, advertised.aaii.com
- Plain wrapper. A standard 1940 Act ETF holding US-listed shares, so the risk you take on is stock selection, not structural machinery.
Worth knowing
- The 0.98% fee sits well above the 0.57% median for quality-focused active peers, and PSET runs a quality screen for 0.15%, ABFL for 0.49%.
- Small asset base and thin trading. Spreads tend to be wider than on a mega-cap index fund, and sizeable orders can push the price around.
- The TopGun model's internals stay proprietary, and the fund launched in 2023, so public evidence of how it behaves across a full market cycle is limited.aaii.com
BWTG Holdings
- Stocks
- 21
- 56%
- IVV
Sectors
- Technology37.4%
- Real Estate14.9%
- Industrials13.8%
- Financials10.7%
- Communication6.7%
- Energy6.1%
- Consumer Discr.4.9%
- Health Care4.9%
- Cons. Staples0.4%
- Utilities0.2%
- Materials0.1%
Geography
- United States75.22%
- Canada14.81%
- Taiwan5.48%
- Netherlands4.48%
BWTG Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
Returns run to the Sep 22, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.
| Period | BWTG |
|---|---|
| Year to date | +7.2% |
| 1 month | −0.6% |
| 3 months | −1.0% |
| 1 year | +10.7% |
| 3 years | — |
| 5 years | — |
| 10 years | — |
Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.
| Year | Return bar | BWTG |
|---|---|---|
| 2026 YTD | +7.2% | |
| 2025 | +16.4% | |
| 2024 | +20.7% | |
| 2023 | +12.6% |
BWTG in the news
ETF.net Research hasn’t filed on BWTG yet — coverage lands here as it’s written.
BWTG Dividends
- 0.33%
- $0.14
- $0.14 per share
- Annual
Distribution history
| Ex-date | Pay date | Amount per share |
|---|---|---|
| Dec 24, 2025 | Dec 26, 2025 | $0.14 |
| Dec 24, 2024 | Dec 26, 2024 | $0.08 |
| Dec 26, 2023 | Dec 28, 2023 | $0.05 |
BWTG Risk
- 12.0%
How it’s calculated: standard deviation
The sample standard deviation of monthly total returns, multiplied by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.
- 1.11
How it’s calculated: Sharpe ratio
Subtract each month’s Treasury-bill return from the fund’s monthly total return.
Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.
- −13.2%
How it’s calculated: maximum drawdown
The largest percentage decline from an earlier peak, using total returns with reinvested distributions.
Uses up to five years through the last close, with at least 12 months required.
- 0.87
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
BWTG Cost
- The middle half of US Active Quality funds
- Median 0.58%
14 of the 17 US Active Quality funds charge less.