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Data as of .

AV vs DUTY: which is really different?

AV and DUTY hold 17% of their weight in the same names.

Corgi Aerospace & Commercial Aviation ETF and U.S. Defense ETF.

66.3%AV in the S&P 500
61.8%DUTY in the S&P 500
−2.4%AV total return, 1 year
+6.9%DUTY total return, 1 year

ETFIQ Off-Index Score: DUTY scores higher

How much of it is not the index it is sold as an alternative to?

AV 44.5DUTY 51.70.1, the lowest in this set91.8, the highest

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

AV34% of its weight is outside the S&P 500 · 3 months to Sep 18, 2026
66%34%of its weight in S&P 500 companiesof its weight outside the S&P 500active share 98% · top ten 56% of the fund · 40 holdings filed Sep 18, 2026 · Nasdaq-100: 0% in66%34%in the S&P 500outsideactive share 98% · top ten 56% of the fund
DUTY38% of its weight is outside the S&P 500 · 3 months to Sep 18, 2026
62%38%of its weight in S&P 500 companiesof its weight outside the S&P 500active share 98% · top ten 59% of the fund · 50 holdings filed Jun 30, 2026 · Nasdaq-100: 24% in62%38%in the S&P 500outsideactive share 98% · top ten 59% of the fund

17% of the two portfolios are the same securities at the same weight.

What they hold in common

By the books each fund has filed, AV and DUTY hold 17% of their money in the same securities at the same weight.

Positions AV and DUTY both hold, largest shared weight first
HoldingAVDUTY
General Dynamics Corp5.48%7.57%
Lockheed Martin Corp4.97%7.34%
Northrop Grumman Corp4.50%6.62%
Moog Inc1.41%2.54%
Ducommun Inc0.64%0.51%
Loar Holdings Inc0.80%0.42%
Only in each
Only in AVOnly in DUTY
GE AEROSPACE 10.74%L3Harris Technologies Inc 6.85%
RTX Corp 9.94%Palantir Technologies Inc 5.98%
Howmet Aerospace Inc 4.63%Rocket Lab Corp 5.35%
Boeing Co/The 4.00%Palo Alto Networks Inc 5.21%
United Parcel Service Inc 4.00%Fortinet Inc 4.92%
Delta Air Lines Inc 3.71%Crowdstrike Holdings Inc 4.64%
First American Government Obligations Fund 12/01/2031 3.55%Okta Inc 4.62%
FedEx Corp 3.53%Teledyne Technologies Inc 4.35%

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 Jun 30, 2026 and Sep 18, 2026.

Performance, window by window

AV and DUTY over each window. Every figure is an ETFIQ calculation with distributions reinvested. Source: ETFIQ.
WindowTotal returnvs the S&P 500vs the Nasdaq-100
AVDUTYAVDUTYAVDUTY
3 months−9.0%+5.7%−11.3 pts+3.5 pts−6.5 pts+8.2 pts
Since launch−2.4%+6.9%−6.7 pts−6.3 pts−6.2 pts−12.3 pts
Open the live comparison on ETFIQ
AV and DUTY on the same fields, as of Sep 18, 2026. Source: ETFIQ.
AV
Corgi Aerospace & Commercial Aviation ETF
Holds 40 stocks in defense, 66% of its weight in S&P 500 companies
DUTY
U.S. Defense ETF
Holds 50 stocks in defense, 62% of its weight in S&P 500 companies
IssuerCorgiAura
ThemeDefenseDefense
In the S&P 50066.3%61.8%
Active share vs the S&P 50097.6%98.1%
In the Nasdaq-1000.0%23.5%
Holdings4050
Top ten, share of the fund55.5%59.1%
Expense ratio0.35%0.45%
Fee for the differing part0.36%0.46%
Total return, 1 year−2.4% (since launch on May 6, 2026)+6.9% (since launch on Apr 8, 2026)
vs the S&P 500−6.7 pts−6.3 pts
vs the Nasdaq-100−6.2 pts−12.3 pts
Below its high−13.0%−9.2%
Net assets$773,395$2m

AV in plain words

By weight, 66% of AV'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 56% of the fund across 40 positions, as published by its issuer for Sep 18, 2026. Since it launched on May 6, 2026 the fund returned −2.4% with distributions reinvested against +4.3% for the S&P 500, so a holder was behind by 6.7 pts. It sits 13.0% below its all-time high of Aug 5, 2026.

DUTY in plain words

By weight, 62% of DUTY'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 59% of the fund across 50 positions, as filed for Jun 30, 2026. Since it launched on Apr 8, 2026 the fund returned +6.9% with distributions reinvested against +13.2% for the S&P 500, so a holder was behind by 6.3 pts. It sits 9.2% below its all-time high of Aug 13, 2026.

Questions people ask

Do AV and DUTY hold the same stocks?
By their latest filings, 17% 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, AV or DUTY?
AV has 66% of its weight in S&P 500 names and DUTY has 62%, so DUTY differs more from the index.
Which is cheaper, AV or DUTY?
AV charges 0.35% a year and DUTY charges 0.45%, so AV is cheaper. Fees come from each fund's prospectus.

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.

AV against DUTY, ETFIQ, data as of Sep 18, 2026. Every figure is calculated from a named public source; the method is at etfiq.com/methodology. A comparison is not a recommendation.

Cite this page. ETFIQ, AV against DUTY, data as of Sep 18, 2026. https://etfiq.com/compare/themes/av-vs-duty Free to use with attribution; the underlying files are at Open data.

How every figure is computed · Standards and sources