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SFGV vs WAGN

Sequoia Global Value ETF

SFGVANYSE Arca

Pabrai Wagons ETF

WAGNDNYSE Arca

Overlap

Expense ratio

SFGV −0.57pt a year

SFGV0.33%WAGN0.90%

Avg volume · 30D

WAGN 9.4×the volume

SFGV14.3KWAGN134K

SFGV vs WAGN Performance

Jul 31, 2026 – Oct 30, 2026

+1.2%SFGV+11.3%WAGN

Jul 31, 2026 to Oct 30, 2026. SFGV +1.2%. WAGN +11.3%. Use the arrow keys to read each point.5%7.5%Jul 2026Sep 2026Oct 2026
Expense ratio
SFGV 0.33%, better
WAGN 0.90%
Fund size
SFGV $1.18B
WAGN $313M
1Y total return
SFGV +18.5%
WAGN No data
Yield (12M)
SFGV 2.23%
WAGN No data
Holdings
SFGV 517
WAGN 22
Avg volume (30D)
SFGV 14.3K sh
WAGN 134K sh, better
NAV per share
SFGV $36.02
WAGN $15.89
52W range

ETF.net Grade

SFGV: Cost 93, Risk 76, Mission not scored, Tradability 53, Holdings 43, Durability 75. WAGN: Cost 18, Risk 25, Mission not scored, Tradability 43, Holdings 13, Durability 55.
Pillar letters and Scores for SFGV, WAGN, with each pillar’s weight
PillarSFGVWAGN
Cost30% weightA93HigherF18
Mission25% weightNot scoredNot scored
Risk15% weightA76HigherD25
Tradability15% weightC53HigherC43
Holdings10% weightC43HigherF13
Durability5% weightA75HigherB55

Rank among Global Active Value funds

How we build Categories ›
Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

Same Category. SFGV and WAGN are both graded against the same 15 Global Active Value funds, so their Grades compare head to head.

Global Active Value⁠

Category · 15 funds
See all 15 ›

SFGV ranks 3rd and WAGN 14th of 15 funds in the Global Active Value Category.

  1. Rank 1AAVGVAvantis All Equity Markets Value ETF 9Score 77
  2. Rank 2AFEGEFirst Eagle Global Equity ETFScore 74
  3. Rank 3ASFGVSequoia Global Value ETFScore 73
  4. Rank 4BFPAGFPA Global Equity ETFScore 63
  5. Rank 13DWCMGFirst Trust WCM Global Equity ETFScore 28
  6. Rank 14DWAGNPabrai Wagons ETFScore 26
  7. HWGVNot yet graded

Our read on each fund

ETF.net Research

SFGVASequoia Global Value ETF

WAGNDPabrai Wagons ETF

In short

SFGV A wealth manager's global value model in ETF clothing: SFGV hunts profitable companies with cheap cash flows and a habit of paying shareholders back, at 0.33% net of a waiver through March 31, 2027, below most global value rivals.

WAGN Mohnish Pabrai's playbook in an ETF wrapper: a handful of high-conviction global businesses, bought during dislocations and held for years. Converted from his 2023 mutual fund, it's a concentrated value bet, not a diversified world index.

Stated mandate

SFGV The Fund seeks long-term growth of capital.

WAGN The Fund's stated objective is long-term capital appreciation.

Why people hold it

  • SFGV Value here means cash, not book value: the US sleeve starts with roughly the 3,000 largest American companies, then ranks them on shareholder yield and free cash flow yield.etfarchitect.com
  • 0.33% net of a waiver through March 31, 2027 (0.38% gross), below the category median and under peers like FEGE at 0.50% net of a waiver through December 31, 2026, and GKAT at 0.59%.
  • One ticket spans US, developed-international and emerging-market stocks across large, mid and small caps, held through individual names plus ETFs. Pays quarterly.etfarchitect.com
  • Trading since January 2024 and already a billion-dollar-plus fund, it sits in the upper tier of its global value peer group.
  • WAGN Runs like Pabrai's private partnerships: a focused book of high-quality global businesses the fund "circles the wagons" around and aims to hold for the long term.wagonsetf.com
  • Not a blank slate. WAGN is the successor to the Pabrai Wagons Fund, a mutual fund that began operations in September 2023 and reorganized into an ETF in February 2026.wagonsetf.comwagonsetf.com 2
  • No home bias: the prospectus permits up to 100% of assets in companies located outside the US, including emerging markets, so the shortlist isn't capped at Wall Street.b-cdn.net
  • Now trades intraday on NYSE Arca, and it changes hands more easily than its size in the boutique-active corner would suggest.wagonsetf.com

Worth knowing

  • SFGV It trades thinly, so spreads can be wider than on the big index names. That cost sits outside the expense ratio.
  • Part of the portfolio is held through other ETFs, whose own expenses stack on top of this fund's fee.etfarchitect.com
  • The name is younger than the fund: it traded as CCM Global Equity ETF until October 29, 2025, so part of the record predates the Sequoia label.etfarchitect.com
  • WAGN Boutique pricing: 0.90% a year, above the typical actively managed global stock fund and many times index-based rivals like GSWO (0.15%) or AVGE (0.25%).
  • One brain, one portfolio. The prospectus states the fund depends heavily on Mohnish Pabrai and could not continue to operate in his absence.b-cdn.netb-cdn.net 2
  • Non-diversified by design: a few names can dominate, 25%+ can sit in one sector, and cash can stay large for extended stretches. Expect a bumpier ride than a world index.b-cdn.netwagonsetf.com

Full SFGV profile⁠

Full WAGN profile⁠

SFGV vs WAGN Holdings

How we measure overlap

Each holding counts at its smaller weight in the two funds, summed over the full Holdings. Sector, country and asset class use the same rule on each fund’s split. Cash, FX and derivative lines stay out of the counts. Two bond funds get no overlap figure.

SFGV vs WAGN Cost

Overpaying WAGN vs SFGV

$10,303

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

  • SFGV 0.33%

    $6,737

  • WAGN 0.90%

    $17,040

$10,000
30 years

Cost over time

  • SFGV 0.33%
  • WAGN 0.90%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$5K$10K$15K$20K051015202530WAGN $17,040SFGV $6,737

Year by year

YearSFGVWAGNOverpaying
10$598$1,593$995
20$2,318$6,015$3,697
30$6,737$17,040$10,303

Expense ratio

  • 0.33%SFGV, cheaper
  • 0.90%WAGN
  • Middle half of Global Active Value funds
  • Median 0.68%

SFGV 2nd cheapest of 15 funds

WAGN 12th cheapest of 15 funds

SFGV vs WAGN Dividends

Last 12 months to Oct 30, 2026
Yield (12M)
SFGV 2.23%
WAGN No data
Payout (12M)
SFGV $0.80
WAGN None
Last payment
SFGV $0.14
WAGN No data
Ex-dividend
SFGV Sep 28, 2026
WAGN No data
Paid on
SFGV Sep 30, 2026
WAGN No data
Frequency
SFGV Quarterly
WAGN No data

Distribution history

Per share, 2024 to 2026, same scale for both

SFGVQuarterly · 11 paymentsAll SFGV payments⁠
One bar per payment. 11 payments from 2024 to 2026 YTD. Mar 26, 2024 $0.07; Jun 27, 2024 $0.14; Sep 27, 2024 $0.17; Dec 30, 2024 $0.23; Mar 28, 2025 $0.10; Jun 27, 2025 $0.17; Sep 29, 2025 $0.18; Dec 30, 2025 $0.36; Mar 30, 2026 $0.09; Jun 29, 2026 $0.21; Sep 28, 2026 $0.14. Use the arrow keys to read each point.$0$0.252026YTD
WAGNAll WAGN payments⁠

No distribution history available.

SFGV vs WAGN Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years
SFGV 10.6%since Feb 2024WAGN No data
Return per unit of riskSharpe ratio, 3 years
SFGV 1.02since Feb 2024WAGN No data
Worst fallMax drawdown, 5 years
SFGV −14.5%since Jan 2024WAGN No data
Market sensitivityBeta, 5 years
SFGV 0.59WAGN 0.43

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