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WCMG

GradeCNew York Stock Exchange Arca

First Trust WCM Global Equity ETF

Active Equity · First Trust · Inception 2026-04-21 · SEC filings

$21.26−0.15 (−0.71%)

As of Sep 23, 2026, 10:24 AM EDT

History starts Apr 22, 2026.History starts Apr 22, 2026.History starts Apr 22, 2026.
Intraday session: down, 2 prints from 21.41 to 21.26. Range 21.26 to 21.26. Use the arrow keys to read each point.$20.50$21.00$21.50$22.0010 AM12 PM2 PM4 PM
Expense ratio
0.85%
Fund size
$3M
1Y return
—
Yield · Last 12 months
—
Holdings
47
Volume · 30D
0M sh
NAV per share
$21.39
52W range
low $19.47high $22.30

The ETF.net WCMG Grade

C

40/ 100

Rank 10 of 15 in Global Active Value⁠

Confidence Medium

Six-pillar profile for WCMG. Scores out of 100: Cost 46, Risk 65, Mission not scored, Tradability 22, Holdings 44, Durability 32. Strongest: Risk (65). Weakest: Tradability (22). Based on 5 of 6 pillars.
F< 25
D≥ 25
C≥ 40
B≥ 55
A≥ 70

Score 40 of 100 sits in the C band. Bands: A ≥ 70, B ≥ 55, C ≥ 40, D ≥ 25, F < 25; the scale skips E. A structural cap ceilings this fund at 40, so B and A are out of reach.

Ceiling 40 · B and A out of reach

The pillars earned44This cap took−4Published score40 Grade C

  • Cost

    What you pay to own it — the expense ratio plus trading frictions, ranked within its category.
    CScore 46
    Category rank9/15 · mid-pack

  • Mission

    How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.
    Not scored
    —

  • Risk

    How violently it can move — volatility, drawdown depth, and downside capture versus its category.
    BScore 65
    Category rank3/13 · top 23%

  • Tradability

    How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.
    FScore 22
    Category rank14/15 · bottom quartile

  • Holdings

    What it actually owns — the quality, breadth, and concentration of the underlying portfolio.
    CScore 44
    Category rank9/13 · mid-pack

  • Durability

    Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.
    DScore 32
    Category rank13/15 · bottom quartile

Graded as of Sep 22, 2026 · Based on 5 of 6 pillars

Our read on WCMG

ETF.net Research

CA stock picker's take on global equity: WCM hunts industry leaders with widening competitive advantages at prices it finds attractive, across US, developed, emerging and frontier markets. MSCI ACWI is the yardstick here, not the rulebook.

Stated mandate

The fund seeks long-term capital appreciation by investing at least 80% of net assets in equity securities of companies worldwide, including the United States.

Why people hold it

  1. 01Active by design: bottom-up fundamental research aimed at global industry leaders with expanding competitive advantages, bought at valuations the manager finds attractive.finance.yahoo.com
  2. 02One ticker reaches US, developed international, emerging and frontier markets, with MSCI ACWI as the reference point rather than a basket to replicate.ftportfolios.com
  3. 03Sub-advised by global equity specialist WCM Investment Management inside First Trust's world equity lineup, which Barron's named top fund family in that category for 2025.finance.yahoo.com

Worth knowing

  1. 01The 0.85% fee sits above the roughly 0.69% median for active global peers, and cheaper shelf-mates exist: GSWO at 0.15%, DFAW at 0.24%.
  2. 02It launched in April 2026, so live history is short, and trading was light out of the gate, which can mean wider bid-ask spreads until volume builds.
  3. 03The mandate is long-term capital appreciation, at least 80% of net assets in stocks. Income isn't part of the design; no regular distribution has been paid.

WCMG Holdings

As of Sep 21, 2026, 5:34 PM
Asset class
Stocks
Holdings
47
Top-10 weight
37%
Largest holding
NBIS5.4%

Geography

  • United States40.63%
  • United Kingdom7.92%
  • Japan7.52%
  • Canada6.15%
  • Germany5.99%
  • Netherlands5.84%
  • Switzerland5.59%
  • China5.00%
  • Other countries (7)15.35%

Developed 75% · Emerging 25% of the foreign sleeve

The fund’s holdings, weight-ordered — page 1 of 4.
#TickerCompanyWeight %SharesMarket valueIn ETFs
001NBISNebius Group N.V.5.45%774$173K185
002—Rolls-Royce Holdings Plc5.40%8,826$171K6
003GOOGLAlphabet Inc. (Class A)5.18%471$165K704
004IBKRInteractive Brokers Group, Inc. (Class A)3.27%1,146$104K298
005285A.TKioxia Holdings Corporation3.13%285$99K142
006TSMTaiwan Semiconductor Manufacturing Company Limited (ADR)3.04%222$96K268
0072269.HKWuXi Biologics (Cayman) Inc.2.89%14,283$92K83
008BAB.LBabcock International Group Plc2.80%6,720$89K60
009BKDBrookdale Senior Living Inc.2.74%7,590$87K83
010EBAYeBay Inc.2.67%759$85K370
011TEVATeva Pharmaceutical Industries Ltd.2.66%2,166$84K37
012THCTenet Healthcare Corporation2.57%312$82K216
013BAYN.DEBayer AG2.47%1,422$79K133
014KBKB Financial Group Inc. (ADR)2.27%567$72K28
015JANJanus Living, Inc. (Class A-1)2.23%2,331$71K57

Showing 1–15 of 50 holdings

WCMG Performance

Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.

WCMG$9,857
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$10,415
Jun 22, 2026 to Sep 22, 2026. WCMG $9,857. SPY $10,415. Use the arrow keys to read each point.$9,526$10,022$10,518Jun 2026Aug 2026Sep 2026

Jun 22, 2026 – Sep 22, 2026

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.

Trailing total return for WCMG. Periods over one year show the average yearly return.
PeriodWCMG
Year to dateFund launched this year—
1 month−1.6%
3 months−1.4%
1 yearFund is under 1 year old—
3 yearsFund is under 3 years old—per year
5 yearsFund is under 5 years old—per year
10 yearsFund is under 10 years old—per year

As of the close, with distributions reinvested.

Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.

Annual total returns for WCMG
YearReturn barWCMG
2026 YTD+8.3%

History from Apr 22, 2026

WCMG in the news

ETF.net Research hasn’t filed on WCMG yet — coverage lands here as it’s written.

WCMG Dividends

Adds up every distribution paid per share over the last 12 months, divided by the last completed close. Distributions are counted by ex-date. Data through Sep 22, 2026.
—Last 12 months
Payout per share
—Last 12 months

Listed Apr 2026. No distributions yet.

WCMG Risk

How much the fund’s monthly returns vary, scaled to a year.
—
Launched Apr 2026; fills in after 12 months
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.

Return above 3-month US Treasury bills per unit of volatility.
—
Launched Apr 2026; fills in after 12 months
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.

The largest fall from a peak to the low that followed.
—
Launched Apr 2026; fills in after 12 months
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.

How strongly the fund’s returns move with its asset-class index.
0.91
vs its asset-class index
How it’s calculated: beta

The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.

WCMG Cost

Expense ratio0.85%
  • The middle half of Global Active Value funds
  • Median 0.85%

7 of the 15 Global Active Value funds charge less.

WCMG costs $85.00 a year on $10,000. The median Global Active Value fund costs $85.00.