Brendan Wood TopGun ETF
BWTG
Chicago Board Options Exchange- -
USD
- -
- -
Capital Structure
FRC
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in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
FRC
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management
- Address
- 15 Prince Arthur Avenue Toronto United States of America M5R 1B2
- IPO Date
- Nov 9, 2023
- Website
- brendanwoodtopgunetf.com
- Similar Companies
- Business
- Brendan Wood TopGun ETF (BWTG) is an actively managed exchange-traded fund that seeks to provide growth consistent with the preservation of capital by investing a substantial portion of its assets in publicly listed equity securities selected from the Brendan Wood TopGun Model portfolio. The fund's core offering is exposure to approximately 25 TopGun companies, identified from a Shareholder Conviction Universe of around 1,400 liquid large- and mid-capitalization U.S.-listed stocks (including ADRs with market caps generally over $2 billion), based on up to 2,000 annual personal interviews with institutional investment professionals evaluating metrics such as business strategy, performance, management, governance (including ESG practices), balance sheet strength, commitment to shareholders, momentum, and price appreciation; top-rated companies form the equally dollar-weighted model, which is reconstituted and rebalanced annually in January, with underperformers removed and proceeds reallocated or shifted to cash equivalents, fixed income, or large-cap ETFs if fewer than 15 qualify. Holdings typically span diversified sectors including financial services, industrials, real estate, communication services, and technology, with representative positions in companies like JPMorgan Chase & Co., HCA Healthcare Inc., Welltower Inc., TransDigm Group Inc., Visa Inc., Microsoft Corp., and NVIDIA Corp.; the fund is non-diversified, lists on the Cboe BZX Exchange, and maintains a net expense ratio of 0.95% following fee waivers. Launched on November 9, 2023, as a series of ETF Opportunities Trust and domiciled in the United States with headquarters tied to operations at 155 Lockwood Road, Riverside, the fund is advised by Tuttle Capital Management, LLC (portfolio manager: Matthew Tuttle), with sub-advisory from Brendan Wood TopGun Partnerships Inc. (affiliated with Brendan Wood International, portfolio managers: Brendan Wood and Jordan Novak), which provides the proprietary TopGun model derived from its global investor network targeting 3,000 professionals overseeing over $60 trillion in assets. Recent developments include feature coverage on Bloomberg ETF IQ highlighting the fund's methodology and performance; ongoing expansion of Brendan Wood's investor consultation network toward 3,000 professionals; sustained low-beta performance track record (e.g., beta of 0.742-0.769 since inception with returns around 50-57% as of mid-2025 per Bloomberg data); and a December 2024 prospectus update reflecting a management fee waiver to 0.95% through December 31, 2025, alongside portfolio turnover of 19.12% for the fiscal year ended August 31, 2024; the fund rang the closing bell at the Cboe and continues to showcase TopGun research for asset manager clients without entering new partnerships, acquisitions, or major strategic shifts in the past 1-2 years.