BAFE vs WAGN
Brown Advisory Flexible Equity ETF vs Pabrai Wagons ETF
Which is better, BAFE or WAGN?
WAGN has been ahead.
BAFE has a lower expense ratio. WAGN led over 1Y. BAFE is less concentrated, with 45.4% of the fund in its ten largest positions against 68.1%.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | BAFE | WAGN |
|---|---|---|
| Expense Ratio | 0.54%Best | 0.90% |
| AUM | $1.8B | $302M |
| Dividend Yield | 0.27% | 0.00% |
| Holdings | 90 | 42 |
| YTD Return | +9.97%Best | +7.75% |
| 1Y Return | +12.65% | - |
| Top 10 Weight | 45.4%Best | 68.1% |
| Fund Family | Brown Advisory | Pabrai Wagons Fund |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | Nov 18, 2024 | Feb 9, 2026 |
Not shown on this pair: 3Y Return (annualized), 5Y Return (annualized), Volatility (annualized), Max Drawdown, $10,000 over the window.
BAFE vs WAGN growth
Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view is available from the range buttons; it is not the opening view here because over the whole period one of these two funds moves so much further than the other that its line would sit flat on the axis.
BAFE vs WAGN Performance
Brown Advisory Flexible Equity ETF (BAFE) is an ETF from Brown Advisory and Pabrai Wagons ETF (WAGN) is an ETF from Pabrai Wagons Fund. Year to date, BAFE is up 9.97% versus a gain of 7.75% for WAGN.
Past performance does not guarantee future results.
Fees and Cost Over Time
BAFE charges 0.54% per year while WAGN charges 0.90%. On a $10,000 position that is $54 vs $90 annually, a gap of $36 per year that compounds over a long holding period. On income, BAFE currently yields 0.27% against 0.00% for WAGN.
Holdings Overlap
We hold position weights for 42 holdings in BAFE and 21 in WAGN, totalling 98.4% and 100.4% of the two funds. The two books name no position in common, so there is no overlap percentage to show.
0 positions in common, counted across the 42 positions we hold weights for in BAFE and 21 in WAGN, against full books of 90 and 42.
What only one of them owns
Our book lists 6 positions for WAGN that do not appear in our book for BAFE (25.5% of the fund), and 37 for BAFE that do not appear in WAGN (82.8%).
Some of those will be the same company recorded under a different code in one of the two books, so the real difference in what you would own is no larger than this and may be smaller. We do not name the individual positions here for that reason.
You are not choosing between two funds in isolation.
Whichever of BAFE and WAGN you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, BAFE or WAGN?
BAFE has an expense ratio of 0.54% while WAGN charges 0.90%. BAFE is the cheaper option, by $36 a year on a $10,000 investment.
Which pays a higher dividend, BAFE or WAGN?
BAFE yields 0.27% while WAGN yields 0.00%, so BAFE currently pays the higher dividend yield.
Is WAGN better than BAFE?
BAFE has a lower expense ratio. WAGN led over 1Y. BAFE is less concentrated, with 45.4% of the fund in its ten largest positions against 68.1%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.