Do AV and WDEF hold the same stocks?

By their latest filings, 1% 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, AV or WDEF?

AV has 67% of its weight in S&P 500 names and WDEF has 0%, so WDEF differs more from the index.

Which is cheaper, AV or WDEF?

AV charges 0.35% a year and WDEF charges 0.45%, so AV is cheaper. Fees come from each fund's prospectus.

Data as of Nov 4, 2026.

Thematic ETFs

AV vs WDEF: Holdings Overlap & Returns

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AV and WDEF hold 1% 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 $88m on Jun 30, 2026 for WisdomTree Europe Defense Fund.

AV on its own →WDEF on its own →

At a glance

67.0%

AV in the S&P 500

0.0%

WDEF in the S&P 500

+1.0%

AV total return, 6 months

−5.6%

WDEF total return, 1 year

AV · 6 months to Nov 4, 2026 33% of its weight is outside the S&P 500

67% of AV's weight is in S&P 500 companies and 33% is outside the index. Holdings as of Nov 4, 2026.

WDEF · 1 year to Nov 4, 2026 100% of its weight is outside the S&P 500

0% of WDEF's weight is in S&P 500 companies and 100% is outside the index. Holdings as of Jun 30, 2026.

Pair scorecard

AV costs 0.10 points a year less.

AV vs WDEF: Holdings Overlap & Returns
Measure	AV	WDEF
Return
Measure	AV	WDEF
Total return, 1 year	not published	−5.6%
Drawdown
Measure	AV	WDEF
Below its all-time high	10.0%, high on Aug 5, 2026	17.3%, high on Jan 27, 2026
Benchmark
Measure	AV	WDEF
What it tracks	Defense	Defense
Cost and size
Measure	AV	WDEF
Expense ratio	0.35%	0.45%
Net assets, AV as of Nov 4, 2026 and WDEF as of Jun 30, 2026	$800,703	$88m
Holdings
Measure	AV	WDEF
Holdings in common	1%

Method

What they share

By the books each fund has filed, AV and WDEF hold 1% of their money in the same securities at the same weight. Holdings dated Jun 30, 2026 and Nov 4, 2026.

50%

0 half 100%

half

1% in common

Positions both hold · largest shared weight first AV WDEF

AAR Corp 0.81% 5.29%

Only in one fund ↓

Only in AV

GE AEROSPACE 10.86%

RTX Corp 9.81%

General Dynamics Corp 5.47%

Lockheed Martin Corp 5.35%

United Parcel Service Inc 4.45%

Northrop Grumman Corp 4.33%

Howmet Aerospace Inc 4.16%

Delta Air Lines Inc 4.01%

Only in WDEF

BAE SYSTEMS PLC 10.11%

THALES SA 10.04%

RHEINMETALL AG 8.62%

SAFRAN SA 5.57%

ROLLS-ROYCE HOLDINGS PLC 5.51%

SAAB AB 4.78%

LEONARDO SPA 4.74%

KONGSBERG GRUPPEN ASA 4.56%

Check overlap with more funds →

Window by window

Window by window: AV vs WDEF: Holdings Overlap & Returns
	Total return
Window	AV	WDEF
3 months	−10.0%	−10.7%
6 months	+1.0%	−9.1%
1 year	–	−5.6%
Since launchNot the same days: AV May 2026 · WDEF Jul 2025	+1.0%	−4.6%

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Side by side

AV Corgi Aerospace & Commercial Aviation ETF · Holds 39 stocks in defense, 67% of its weight in S&P 500 companies WDEF WisdomTree Europe Defense Fund · Holds 42 stocks in defense, 0% of its weight in S&P 500 companies

Issuer Corgi WisdomTree

Theme Defense Defense

In the S&P 500 67.0% 0.0%

Active share vs the S&P 500 97.6% 100.0%

In the Nasdaq-100 0.0% 0.0%

Holdings 39 42

Top ten, share of the fund 55.8% 63.3%

Expense ratio 0.35% 0.45%

Fee for the differing part 0.36% 0.45%

Total return, 1 year +1.0% (since launch, May 6, 2026) −5.6%

vs its benchmark not measured not measured

Below its high −10.0% −17.3%

Net assets, AV as of Nov 4, 2026 and WDEF as of Jun 30, 2026 $800,703 $88m

As of Nov 4, 2026. Source: ETFIQ.

1% of the two portfolios are the same securities at the same weight.

Alert

About each fund

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.

WDEF

By weight, 0% of WDEF's portfolio is stocks that are also in the S&P 500; its active share against the S&P 500 is 100%. The top ten holdings are 63% of the fund across 42 positions, as filed for Jun 30, 2026. Over the year to Nov 4, 2026 the fund returned −5.6% with distributions reinvested. It sits 17.3% below its all-time high of Jan 27, 2026.

Questions people ask

Do AV and WDEF hold the same stocks?: By their latest filings, 1% 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, AV or WDEF?: AV has 67% of its weight in S&P 500 names and WDEF has 0%, so WDEF differs more from the index.
Which is cheaper, AV or WDEF?: AV charges 0.35% a year and WDEF charges 0.45%, so AV is cheaper. Fees come from each fund's prospectus.

Other comparisons

AV vs WDAF AV vs MISL AV vs EUAD AV vs IDEF WDEF vs WR WDEF vs DUTY WDEF vs WDGF WDEF vs GCAD

Where to next

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

Sources and dates

AV filings on SEC EDGAR ↗

AV prospectus with the expense ratio (SEC) ↗

Corgi website ↗

WDEF filings on SEC EDGAR ↗

WDEF prospectus with the expense ratio (SEC) ↗

WisdomTree page for WDEF ↗

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 WDEF, data as of Nov 4, 2026. https://etfiq.com/compare/themes/av-vs-wdef

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