WarCap Unconstrained Equity ETF WCAP AMEX · Financials · United States
$9.17 -0.74% -$0.07
Summary
WarCap Unconstrained Equity ETF is an ETF - a fund traded on an exchange like a stock - run by WarCap. Positions inside: 34. The ten largest make up 46% of the fund.
- Yearly costs
- 1.30%
- Fund size
- $57.6M
- Positions
- 34
- Running since
- 2025
What speaks for it
Nothing stands out in its favour.
What to watch
- 98% of the fund is in one country (United States).
- Costs of 1.30% a year are above the middle of comparable funds (0.45%).
- A young fund: it has been running only since 2025.
- A small fund with $57.6M under management; small funds get closed more often.
- It trades little: only about $107.2K changes hands a day.
A fund has no Bulios Score and no Fair Price of its own - both are computed from the results of a single company. This page shows what is inside the fund and what it costs instead.
Price
Performance
- 1 month
- -1.7%
- 3 months
- -3.4%
- This year
- -6.5%
- 1 year
- -6.4%
- Avg. market cap
- $1.51T
- P/E
- 26.0x
- Forward P/E
- 23.4x
- P/S
- 4.8x
- P/B
- 6.1x
- P/FCF
- 37.2x
- EV/EBITDA
- 21.1x
- Dividend yield
- 0.74%
- ROIC
- 21.4%
- ROE
- 40.6%
- Gross margin
- 56.7%
- Operating margin
- 28.3%
- Net margin
- 25.4%
- Payout ratio
- 19.3%
- Net debt/EBITDA
- 0.3x
- Beta
- 0.68
Weighted average of the 33 largest companies, which make up 96% of the fund. Banks and insurers are left out of the gross margin, the ROIC and the EBITDA figures.
What is inside?
Moderately concentrated- 1 GOAlphabet GOOGL 5.9%
- 2 MSMicrosoft MSFT 5.4%
- 3 AMAmazon AMZN 5.4%
- 4 BNBlackRock New York Municipal Income Trust BNY 5.0%
- 5 NVNvidia NVDA 4.9%
- 6 AAApple AAPL 4.8%
- 7 COCostco COST 4.1%
- 8 Cash / Cash Equivalents 3.7%
- 9 BRBerkshire Hathaway BRK-B 3.5%
- 10 JNJohnson & Johnson JNJ 3.3%
Positions in the fund: 34. The ten largest make up 46% of it.
Composition as of Nov 7, 2026.
Where is it spread?
One countryBy sector
- Technology 36%
- Financials 16%
- Communication services 12%
- Consumer cyclical 11%
- Industrials 9.8%
- Other 15%
By country
- United States 98%
- Netherlands 2.5%
By company size
- Mega cap 79%
- Large cap 21%
By the company's market value: Mega cap from $200B, Large cap from $10B, Mid cap from $2B, Small cap from $300M, Micro cap below $300M.
Largest sector: Technology (36%). Largest country: United States (98%). Largest size group: Mega cap (79%).
What does it cost me?
Expensive- A year from $10,000
- $130
- Over 20 years
- $5,852
From every $10,000 invested the fund takes $130 a year. You do not pay it separately - it is taken out of the fund's value. Over 20 years at 5% yearly growth that adds up to about $5,852.
How has it done?
Losing value- Over the last year
- -6.4%
- Deepest drop
- -16%
- Yearly volatility
- 16%
Decline over the last year: 6.4%. Deepest drop in these years: 16% below the earlier high.
Does it pay dividends?
We have no record of payments from this fund.
Is it easy to buy and sell?
It trades little- Traded a day
- $107.2K
- Shares a day
- 12K
On an average day about $107.2K of the fund changes hands.
How expensive are the companies inside?
Rather expensive- P/E of the companies inside
- 26.0
- Average Bulios Score
- 69 out of 100
Weight by Bulios Fair Price
- Undervalued 28%
- Fairly valued 22%
- Overvalued 51%
On average the companies inside trade for 26.0 times their yearly profit. By Fair Price, 51% of the rated weight comes out as overvalued.
Counted from its largest companies (33), which make up 96% of the fund. Each company counts by its weight. We use the metrics, the Bulios Score and the Fair Price of the companies themselves.
Similar funds
Funds that hold much of the same. The overlap says how much of their weight they share with this fund.
| Fund | Domicile | Size | 1-year change | Dividends | ||
|---|---|---|---|---|---|---|
BI BIGY YieldMax Target 12 Big 50 Option Income ETF | United States | 1.09% | $52.2M | -5.3% | Pays out | 55% |
HE HEMI Hartford Equity Premium Income ETF | United States | 0.58% | $36.6M | - | Pays out | 53% |
LD LDRX SGI Enhanced Market Leaders ETF | United States | 0.50% | $251.8M | +9.7% | Pays out | 50% |
US USMC Principal U.S. Mega-Cap ETF | United States | 0.12% | $3.57B | +11% | Pays out | 49% |
XL XLG Invesco S&P 500 Top 50 ETF | United States | 0.20% | $11.4B | +4.2% | Pays out | 48% |
HI HIS Humilis US Focused Opportunities ETF | United States | 0.54% | $9.14M | - | Pays out | 48% |