Data as of .
AMMO vs WR: which is really different?
AMMO and WR hold 11% of their weight in the same names.
ETFIQ Off-Index Score: AMMO scores higher
How much of it is not the index it is sold as an alternative to?
A percentile among the 379 thematic ETFs with a holdings filing. It is a position in a set, not a rating, and neither end of it is a recommendation. All thematic ETFs ranked by it · How it is computed
11% of the two portfolios are the same securities at the same weight.
What they hold in common
By the books each fund has filed, AMMO and WR hold 11% of their money in the same securities at the same weight.
| Holding | AMMO | WR |
|---|---|---|
| Palantir Technologies Inc | 3.17% | 5.66% |
| TransDigm Group Inc | 2.20% | 1.61% |
| Rocket Lab Corp | 1.62% | 1.34% |
| Howmet Aerospace Inc | 0.84% | 2.55% |
| Moog Inc | 2.07% | 0.81% |
| BWX Technologies Inc | 1.56% | 0.76% |
| Kratos Defense & Security Solutions Inc | 2.16% | 0.74% |
| AeroVironment Inc | 2.47% | 0.59% |
| Mercury Systems Inc | 1.66% | 0.57% |
| Leonardo DRS Inc | 0.71% | 0.44% |
| Karman Holdings Inc | 1.17% | 0.40% |
| Red Cat Holdings Inc | 1.84% | 0.17% |
| Only in AMMO | Only in WR |
|---|---|
| LIG Defense&Aerospace Co Ltd 4.80% | ExxonMobil Holdings Corp 8.60% |
| Mildef Group AB 3.78% | Chevron Corp 6.37% |
| Rheinmetall AG 3.76% | RTX Corp 5.04% |
| Kitron ASA 3.50% | Marathon Petroleum Corp 4.41% |
| MP Materials Corp 3.05% | Valero Energy Corp 4.29% |
| Chemring Group PLC 2.76% | Phillips 66 4.04% |
| Cohort PLC 2.76% | ConocoPhillips 3.90% |
| L3Harris Technologies Inc 2.51% | Lockheed Martin Corp 3.55% |
Weight overlap is an ETFIQ calculation: for every security both funds hold, the smaller of the two weights, summed. Above 50%, holding both is close to holding one of them twice. Holdings dated Sep 18, 2026 and Sep 21, 2026.
Performance, window by window
| Window | Total return | vs the S&P 500 | vs the Nasdaq-100 | |||
|---|---|---|---|---|---|---|
| AMMO | WR | AMMO | WR | AMMO | WR | |
| 3 months | not published | +11.1% | not published | +8.8 pts | not published | +13.6 pts |
| Since launch | +0.9% | +7.9% | −0.8 pts | +3.6 pts | −1.3 pts | +4.1 pts |
| AMMO VistaShares Defense Supercycle ETF Holds 52 stocks in defense, 13% of its weight in S&P 500 companies | WR Corgi U.S. War Machine ETF Holds 57 stocks in defense, 70% of its weight in S&P 500 companies | |
|---|---|---|
| Issuer | VistaShares | Corgi |
| Theme | Defense | Defense |
| In the S&P 500 | 12.6% | 70.0% |
| Active share vs the S&P 500 | 99.1% | 96.6% |
| In the Nasdaq-100 | 3.2% | 9.2% |
| Holdings | 52 | 57 |
| Top ten, share of the fund | 32.6% | 48.7% |
| Expense ratio | 0.75% | not published |
| Fee for the differing part | 0.76% | not published |
| Total return, 1 year | +0.9% (since launch on Jul 16, 2026) | +7.9% (since launch on May 6, 2026) |
| vs the S&P 500 | −0.8 pts | +3.6 pts |
| vs the Nasdaq-100 | −1.3 pts | +4.1 pts |
| Below its high | −14.0% | −3.9% |
| Net assets | $3m | $945,672 |
AMMO in plain words
By weight, 13% of AMMO's portfolio is stocks that are also in the S&P 500; its active share against the S&P 500 is 99%. The top ten holdings are 33% of the fund across 52 positions, as published by its issuer for Sep 21, 2026. Since it launched on Jul 16, 2026 the fund returned +0.9% with distributions reinvested against +1.7% for the S&P 500, so a holder was behind by 0.8 pts. It sits 14.0% below its all-time high of Aug 14, 2026.
WR in plain words
By weight, 70% of WR's portfolio is stocks that are also in the S&P 500; its active share against the S&P 500 is 97%. The top ten holdings are 49% of the fund across 57 positions, as published by its issuer for Sep 18, 2026. Since it launched on May 6, 2026 the fund returned +7.9% with distributions reinvested against +4.3% for the S&P 500, so a holder was ahead by 3.6 pts.
Questions people ask
- Do AMMO and WR hold the same stocks?
- By their latest filings, 11% of their books are the same securities at the same weight, which is mostly different names. Overlap is the sum of the smaller weight of every security they share.
- Which is more different from the S&P 500, AMMO or WR?
- AMMO has 13% of its weight in S&P 500 names and WR has 70%, so AMMO differs more from the index.
Other comparisons
Where these figures came from
ETFIQ links to the documents behind every figure. It is not affiliated with any issuer, and a link is not an endorsement.
Cite this page. ETFIQ, AMMO against WR, data as of Sep 18, 2026. https://etfiq.com/compare/themes/ammo-vs-wr Free to use with attribution; the underlying files are at Open data.