Do ARMY and WDGF hold the same stocks?

By their latest filings, 41% of their books are the same securities at the same weight. Overlap is the sum of the smaller weight of every security they share.

Which is more different from the S&P 500, ARMY or WDGF?

ARMY has 12% of its weight in S&P 500 names and WDGF has 35%, so ARMY differs more from the index.

Which is cheaper, ARMY or WDGF?

ARMY charges 0.68% a year and WDGF charges 0.45%, so WDGF is cheaper. Fees come from each fund's prospectus.

Data as of Nov 4, 2026.

Thematic ETFs

ARMY vs WDGF: Holdings Overlap & Returns

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ARMY and WDGF hold 41% of their weight in the same names.

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Net assets: $13m on Nov 3, 2026 for Tema International Defense ETF, and $5.3m on Jun 30, 2026 for WisdomTree Global Defense Fund.

ARMY on its own →WDGF on its own →

At a glance

ARMY · 6 months to Nov 4, 2026 89% of its weight is outside the S&P 500

12% of ARMY's weight is in S&P 500 companies and 89% is outside the index. Holdings as of Nov 3, 2026.

WDGF · 1 year to Nov 4, 2026 65% of its weight is outside the S&P 500

35% of WDGF's weight is in S&P 500 companies and 65% is outside the index. Holdings as of Jun 30, 2026.

Pair scorecard

WDGF costs 0.23 points a year less.

ARMY vs WDGF: Holdings Overlap & Returns
Measure	ARMY	WDGF
Return
Measure	ARMY	WDGF
Total return, 1 year	not published	−2.9%
Drawdown
Measure	ARMY	WDGF
Below its all-time high	16.5%, high on Aug 14, 2026	16.9%, high on Mar 9, 2026
Benchmark
Measure	ARMY	WDGF
What it tracks	Defense	Defense
Cost and size
Measure	ARMY	WDGF
Expense ratio	0.68%	0.45%
Net assets, ARMY as of Nov 3, 2026 and WDGF as of Jun 30, 2026	$13m	$5.3m
Holdings
Measure	ARMY	WDGF
Holdings in common	41%

Method

What they share

41%

By the books each fund has filed, ARMY and WDGF hold 41% of their money in the same securities at the same weight. Holdings dated Jun 30, 2026 and Nov 3, 2026.

50%

0 half 100%

half

41% in common

Positions both hold · largest shared weight first ARMY WDGF

BAE SYSTEMS PLC 3.60% 5.04%

THALES SA 3.34% 3.35%

ROLLS-ROYCE HOLDINGS PLC 3.05% 3.04%

PALANTIR TECHNOLOGIES INC 2.82% 4.72%

RHEINMETALL AG 2.46% 4.27%

ROCKET LAB CORP 3.03% 2.33%

ELBIT SYSTEMS LTD 3.83% 2.15%

LEONARDO-FINMECCANICA SPA 3.55% 2.07%

LOCKHEED MARTIN CORP 2.05% 4.93%

SAAB AB 3.71% 1.97%

RTX CORP 1.71% 5.46%

DASSAULT AVIATION SA 3.86% 1.71%

Only in one fund ↓

Only in ARMY

ANDURIL SPV EXPOSURE 7.99%

MTU AERO ENGINES AG 3.17%

SAFRAN SA 2.83%

AVON TECHNOLOGIES PLC 2.04%

KONGSBERG MARITIME ASA 1.03%

AVIO SPA 0.99%

Only in WDGF

TRANSDIGM GROUP INC 2.75%

HANWHA AEROSPACE CO LTD 2.51%

HINDUSTAN AERONAUTICS LTD 2.09%

BHARAT ELECTRONICS LTD 2.05%

HEICO CORP 2.04%

CURTISS-WRIGHT CORP 1.80%

BWX TECHNOLOGIES INC 1.14%

SINGAPORE TECHNOLOGIES ENGINEERING LTD 1.10%

Check overlap with more funds →

Window by window

Window by window: ARMY vs WDGF: Holdings Overlap & Returns
	Total return
Window	ARMY	WDGF
3 months	−13.9%	−9.9%
6 months	−9.5%	−9.6%
1 year	–	−2.9%
Since launch	–	−2.1%

– means no data for this window. Open this comparison in the app →

Side by side

ARMY Tema International Defense ETF · Holds 36 stocks in defense, 12% of its weight in S&P 500 companies WDGF WisdomTree Global Defense Fund · Holds 115 stocks in defense, 35% of its weight in S&P 500 companies

Issuer Tema WisdomTree

Theme Defense Defense

In the S&P 500 11.5% 34.9%

Active share vs the S&P 500 98.4% 98.3%

In the Nasdaq-100 5.8% 7.1%

Holdings 36 115

Top ten, share of the fund 41.8% 44.2%

Expense ratio 0.68% 0.45%

Fee for the differing part 0.69% 0.46%

Total return, 1 year not available −2.9%

vs its benchmark not available not measured

Below its high −16.5% −16.9%

Net assets, ARMY as of Nov 3, 2026 and WDGF as of Jun 30, 2026 $13m $5.3m

As of Nov 4, 2026. Source: ETFIQ.

41% of the two portfolios are the same securities at the same weight.

Alert

About each fund

ARMY

By weight, 12% of ARMY's portfolio is stocks that are also in the S&P 500; its active share against the S&P 500 is 98%. The top ten holdings are 42% of the fund across 36 positions, as published by its issuer for Nov 3, 2026. It sits 16.5% below its all-time high of Aug 14, 2026.

WDGF

By weight, 35% of WDGF's portfolio is stocks that are also in the S&P 500; its active share against the S&P 500 is 98%. The top ten holdings are 44% of the fund across 115 positions, as filed for Jun 30, 2026. Over the year to Nov 4, 2026 the fund returned −2.9% with distributions reinvested. It sits 16.9% below its all-time high of Mar 9, 2026.

Questions people ask

Do ARMY and WDGF hold the same stocks?: By their latest filings, 41% of their books are the same securities at the same weight. Overlap is the sum of the smaller weight of every security they share.
Which is more different from the S&P 500, ARMY or WDGF?: ARMY has 12% of its weight in S&P 500 names and WDGF has 35%, so ARMY differs more from the index.
Which is cheaper, ARMY or WDGF?: ARMY charges 0.68% a year and WDGF charges 0.45%, so WDGF is cheaper. Fees come from each fund's prospectus.

Other comparisons

ARMY vs XDEF ARMY vs DUTY ARMY vs WR ARMY vs AV WDGF vs GCAD WDGF vs EUAD WDGF vs IDEF WDGF vs XAR

Where to next

All thematic ETFs ranked by the S&P 500 Difference Score →How the scores are computed →ARMY on its own →WDGF on its own →ARMY holdings →WDGF dividend history →WDGF holdings →Method →Standards and sources →

Sources and dates

ARMY filings on SEC EDGAR ↗

ARMY prospectus with the expense ratio (SEC) ↗

Tema page for ARMY ↗

WDGF filings on SEC EDGAR ↗

WDGF prospectus with the expense ratio (SEC) ↗

WisdomTree page for WDGF ↗

Links are sources, not endorsements. A comparison is not a recommendation.

How this is computed

Overlap adds up the smaller of the two weights for each security both funds hold.

Every number is an ETFIQ calculation with distributions reinvested.

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ETFIQ, ARMY against WDGF, data as of Nov 4, 2026. https://etfiq.com/compare/themes/army-vs-wdgf

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Free to use with attribution for data ETFIQ computes; issuer data stays under its owner's terms.