WATS - ETF AI Analysis
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Corgi Battery Energy Storage Systems ETF (WATS)
WATS, the Corgi Battery Energy Storage Systems ETF, has a mixed but generally solid profile, driven largely by strong contributors like Tesla and EnerSys, which bring robust earnings, growth initiatives, and supportive technical trends to the fund. However, weaker holdings such as SolarEdge and Sunrun, both facing significant financial challenges and leverage concerns, weigh on the overall rating. The main risk factor is the fund’s concentration in a niche energy storage and renewables segment, where several holdings show bearish or neutral momentum and valuation pressures.
WATS vs. SPDR S&P 500 ETF (SPY)
- AUM
- 550.82K
- Region
- Global
- Expense Ratio
- 0.35%
- Beta
- 2.59
- Issuer
- Corgi
- Inception Date
- May 06, 2026
- Dividend Yield
- N/A
- Asset Class
- Equity
- Index Tracked
- No Underlying Index
WATS Summary
The Corgi Battery Energy Storage Systems ETF (WATS) is an actively managed fund focused on companies that build and support battery systems, especially for electric vehicles and energy storage. It follows a battery and clean-energy theme rather than a traditional index, investing in the full chain from raw materials to charging networks and software. Well-known holdings include Tesla and Enphase Energy. Someone might invest in WATS to benefit from the long-term growth of electric cars and renewable power. However, the ETF is concentrated in this niche area, so its price can swing a lot and may fall if battery or clean-energy stocks struggle.
How much will it cost me?
This ETF has an expense ratio of 0.35%, which means you’ll pay about $3.50 per year for every $1,000 you invest. That’s a bit higher than the average index ETF because WATS is actively managed and focuses on a specialized battery and energy storage theme, which typically costs more to run.
What would affect this ETF?
This global ETF could benefit if electric vehicle adoption, renewable energy projects, and supportive government policies continue to grow, boosting demand for battery storage, charging networks, and related technology companies like Tesla and other energy equipment makers. On the other hand, it could be hurt by higher interest rates that pressure growth stocks, weaker consumer demand for EVs, falling subsidies or stricter regulations in key markets, or setbacks in battery technology, raw material supply, or utility-scale storage projects that affect its industrial, technology, and materials holdings.
WATS Top 10 Holdings
WATS is essentially a high-voltage bet on the global battery and EV ecosystem, with Tesla as the biggest holding — but Tesla has been losing steam lately, acting as a drag on returns. Bloom Energy and Generac are helping to balance the picture, with more upbeat, if sometimes mixed, momentum tied to clean power and backup systems. Enphase and lithium producer SQM have been lagging, weighing on the solar and materials side of the theme. Overall, the fund is tightly focused on industrial and consumer cyclical names across a global mix, all wired into the energy storage story.
| Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
 TSLA | Tesla | 20.05% | $109.39K | $1.52T | -25.62% | 73Outperform |
 BE | Bloom Energy | 9.70% | $52.91K | $59.25B | 18.46% | 62Neutral |
 ENPH | Enphase Energy | 6.35% | $34.64K | $4.17B | -10.03% | 61Neutral |
 ENS | EnerSys | 5.32% | $29.02K | $5.63B | 12.39% | 79Outperform |
 AES | AES | 4.69% | $25.60K | $10.63B | 4.71% | 65Neutral |
 GNRC | Generac Holdings | 4.06% | $22.15K | $11.17B | 8.26% | 59Neutral |
 RUN | Sunrun | 4.29% | $23.43K | $2.12B | -52.06% | 52Neutral |
 NRGV | Energy Vault Holdings | 3.98% | $21.69K | $578.25M | -16.91% | 67Neutral |
 SQM | Sociedad Quimica Y Minera SA | 3.86% | $21.07K | $15.86B | 18.43% | 71Outperform |
WATS Technical Analysis
Price Trends
Market Momentum
Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For WATS, the sentiment is Negative. The current price of 16.66 is below the 20-day moving average (MA) of 18.20, below the 50-day MA of 19.52, and compared to the 200-day MA of , indicating a neutral trend. The MACD of -0.55 indicates Positive momentum. The RSI at 32.46 is Neutral, neither overbought nor oversold. The STOCH value of 50.24 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for WATS.
WATS Peer Comparison
Comparison Results
| Name | Price | Price Target | AUM | Expense Ratio | Overall Rating |
|---|---|---|---|---|---|
| WATS | $16.66 | $18.50(11.05% Upside) | $550.82K | 0.35% | 58Neutral |
 FFND | $30.62 | $40.49(32.24% Upside) | $95.79M | 0.98% | 65Neutral |
 FDCF | $48.07 | $66.15(37.61% Upside) | $96.20M | 0.50% | 69Neutral |
 POW | $20.30 | $31.39(54.61% Upside) | $62.40M | 0.75% | 57Neutral |
 MOTO | $54.04 | $84.63(56.60% Upside) | $7.22M | 0.68% | 65Neutral |
 CABZ | $16.84 | $29.92(77.62% Upside) | $2.76M | 0.59% | 60Neutral |
Performance Comparison
| Show on chart | Ticker | Company Name | Price | Change | % Change |
|---|---|---|---|---|---|
| WATS | Corgi Battery Energy Storage Systems ETF | 16.66 | -9.84 | -37.13% | |
| FFND | Future Fund Active ETF | 30.62 | 0.97 | 3.27% | |
| FDCF | Fidelity Disruptive Communications ETF | 48.07 | 0.72 | 1.52% | |
| POW | VistaShares Electrification Supercycle ETF | 20.30 | 0.20 | 0.99% | |
| MOTO | SmartETFs Smart Transportation & Technology ETF | 54.04 | 2.06 | 3.97% | |
| CABZ | Roundhill Robotaxi, Autonomous Vehicles & Technology ETF | 16.84 | -7.91 | -31.96% |
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