Data as of Nov 4, 2026.
AV vs WAR: Holdings Overlap & Returns
AV and WAR hold 0% of their weight in the same names.
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Net assets: $800,703 on Nov 4, 2026 for Corgi Aerospace & Commercial Aviation ETF, and $41m on Jun 30, 2026 for U.S. Global Technology and Aerospace & Defense ETF.
67% of AV's weight is in S&P 500 companies and 33% is outside the index. Holdings as of Nov 4, 2026.
38% of WAR's weight is in S&P 500 companies and 62% is outside the index. Holdings as of Jun 30, 2026.
Pair scorecard
AV costs 0.25 points a year less.
| Measure | AV | WAR |
|---|---|---|
| Drawdown | ||
| Below its all-time high | 10.0%, high on Aug 5, 2026 | 27.7%, high on Jun 2, 2026 |
| Benchmark | ||
| What it tracks | Defense | Defense |
| Cost and size | ||
| Expense ratio | 0.35% | 0.60% |
| Net assets, AV as of Nov 4, 2026 and WAR as of Jun 30, 2026 | $800,703 | $41m |
| Active share vs the S&P 500 | 98% | 92% |
| Holdings | ||
| Holdings in common | 0% | |
Risk and return
Jun 5, 2026 to Oct 30, 2026 · 21 weekly returnsFrom Jun 2026 to Oct 2026, AV returned more: −3.7% to −15.2%. AV fell less at its worst: −16.1% to −18.3%.
Full scorecard
3 measures, with how each is measured Open ↓
| Measure | AV | WAR | Edge | How it is measured |
|---|---|---|---|---|
| Return | ||||
| Total return | −3.7% | −15.2% | AV | Price change plus distributions, reinvested. |
| Price return | −3.7% | −15.2% | AV | Price change alone, distributions left out. |
| Risk | ||||
| Max drawdown | −16.1% | −18.3% | AV | Deepest fall from a high to the low after it. |
Computed by ETFIQ from Tiingo daily prices and ETFIQ's distribution records, 21 weekly returns. Cash rate: the 13-week Treasury bill.
What they share
By the books each fund has filed, AV and WAR hold 0% of their money in the same securities at the same weight. Holdings dated Jun 30, 2026 and Nov 4, 2026.
half
0% in common
Only in one fund ↓
Window by window
| Total return | ||
|---|---|---|
| Window | AV | WAR |
| 3 months | −10.0% | −18.5% |
| 6 months | +1.0% | – |
| Since launch | +1.0% | – |
– means no data for this window. Open this comparison in the app →
Side by side
As of Nov 4, 2026. Source: ETFIQ.
0% of the two portfolios are the same securities at the same weight.
No client brief for this pair: ETFIQ prints no one-year total return for AV or WAR; the two funds' holdings are dated 127 days apart.
AV
By weight, 67% 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 39 positions, as published by its issuer for Nov 4, 2026. Since it first traded on May 6, 2026 the fund returned +1.0% with distributions reinvested. It sits 10.0% below its all-time high of Aug 5, 2026.
WAR
By weight, 38% of WAR's portfolio is stocks that are also in the S&P 500; its active share against the S&P 500 is 92%. The top ten holdings are 61% of the fund across 28 positions, as filed for Jun 30, 2026. It sits 27.7% below its all-time high of Jun 2, 2026.
Questions people ask
- Do AV and WAR hold the same stocks?
- By their latest filings, 0% of their books are the same securities at the same weight. Overlap is the sum of the smaller weight of every security they share.
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.
Cite this pageCitation, APA and Markdown
ETFIQ, AV against WAR, data as of Nov 4, 2026. https://etfiq.com/compare/themes/av-vs-war
ETFIQ. (Nov 4, 2026). AV against WAR. Retrieved from https://etfiq.com/compare/themes/av-vs-war
[AV against WAR (ETFIQ, Nov 4, 2026)](https://etfiq.com/compare/themes/av-vs-war)
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