Do DIPR and WARP hold the same stocks?

By their latest filings, 59% of their books are the same securities at the same weight, which is close to holding one of them twice. Overlap is the sum of the smaller weight of every security they share.

Which is more different from the S&P 500, DIPR or WARP?

DIPR has 19% of its weight in S&P 500 names and WARP has 5%, so WARP differs more from the index.

Which is cheaper, DIPR or WARP?

DIPR charges 0.35% a year and WARP charges 0.50%, so DIPR is cheaper. Fees come from each fund's prospectus.

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DIPR vs WARP: which is really different?

DIPR and WARP hold 59% of their weight in the same names. Corgi Space & Satellite Communications ETF and VanEck Space ETF.

19.1%

DIPR in the S&P 500

4.9%

WARP in the S&P 500

−13.8%

DIPR total return, since launch

−19.9%

WARP total return, since launch

DIPR · 3 months to Sep 30, 202681% of its weight is outside the S&P 500

19% of DIPR's weight is in S&P 500 companies and 81% is outside the index

WARP · 3 months to Sep 30, 202695% of its weight is outside the S&P 500

5% of WARP's weight is in S&P 500 companies and 95% is outside the index

ETFIQ Off-Index Score · WARP scores higherHow much of it is not the index it is sold as an alternative to?

DIPR 74.4

WARP 92

0.1, the lowest in this set92.0, the highest

A percentile among the 375 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 →

What they hold in common

By the books each fund has filed, DIPR and WARP hold 59% of their money in the same securities at the same weight. Above 50%, holding both is close to holding one of them twice. Holdings dated Sep 30, 2026.

50%

half

59% in common

Positions both hold, largest shared weight first

Holding DIPR WARP

Space Exploration Technologies Corp 13.38% 20.43%

Rocket Lab Corp 7.29% 14.52%

Viasat Inc 5.35% 4.86%

Iridium Communications Inc 4.50% 4.58%

AST SpaceMobile Inc 4.21% 6.46%

EchoStar Corp 4.16% 4.89%

Globalstar Inc 4.08% 4.57%

MDA Space Ltd 3.68% 4.62%

Redwire Corp 3.26% 4.38%

Voyager Technologies Inc 3.11% 2.61%

Planet Labs PBC 2.35% 4.29%

Firefly Aerospace Inc 2.24% 4.46%

Only in DIPR

Lockheed Martin Corp 6.31%

Garmin Ltd 5.90%

Frequency Electronics Inc 3.33%

MACOM Technology Solutions Holdings Inc 3.06%

Mercury Systems Inc 2.76%

Trimble Inc 2.71%

First American Government Obligations Fund 12/01/2031 2.29%

Telesat Corp 2.23%

Only in WARP

Sky Perfect Jsat Holdings Inc 3.50%

Ses Sa 2.71%

Nextnav Inc 2.35%

Avio Spa 2.22%

Hawkeye 360 Inc 2.00%

Astroscale Holdings Inc 1.76%

Eutelsat Communications Sa 1.35%

Weight overlap is an ETFIQ calculation: for every security both funds hold, the smaller of the two weights, summed.

59% of the two portfolios are the same securities at the same weight.

Performance, window by window

	Total return		vs the S&P 500		vs the Nasdaq-100
Window	DIPR	WARP	DIPR	WARP	DIPR	WARP
3 months	−14.9%	−18.7%	−17.5 pts	−21.2 pts	−17.1 pts	−20.8 pts
Since launch DIPR May 2026 · WARP May 2026	−13.8%	−19.9%	−18.3 pts	−24.7 pts	−20.4 pts	−26.6 pts

DIPR and WARP over each window. Every figure is an ETFIQ calculation with distributions reinvested. Source: ETFIQ. Open the live comparison on ETFIQ →

On the same fields

DIPR

Corgi Space & Satellite Communications ETF · Holds 29 stocks in space, 19% of its weight in S&P 500 companies

WARP

VanEck Space ETF · Holds 20 stocks in space, 5% of its weight in S&P 500 companies

Issuer Corgi VanEck

Theme Space Space

In the S&P 500 19.1% 4.9%

Active share vs the S&P 500 99.7% 100.0%

In the Nasdaq-100 0.0% 0.0%

Holdings 29 20

Top ten, share of the fund 58.9% 73.8%

Expense ratio 0.35% 0.50%

Fee for the differing part 0.35% 0.50%

Total return, 1 year −13.8% (since launch on May 6, 2026) −19.9% (since launch on May 7, 2026)

vs the S&P 500 −18.3 pts −24.7 pts

vs the Nasdaq-100 −20.4 pts −26.6 pts

Below its high −34.6% −47.2%

Net assets $1m $43m

DIPR and WARP on the same fields, as of Sep 30, 2026. Source: ETFIQ.

DIPR in plain words

By weight, 19% of DIPR'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 59% of the fund across 29 positions, as published by its issuer for Sep 30, 2026. Since it launched on May 6, 2026 the fund returned −13.8% with distributions reinvested against +4.5% for the S&P 500, so a holder was behind by 18.3 pts. It sits 34.6% below its all-time high of May 28, 2026.

WARP in plain words

By weight, 5% of WARP'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 74% of the fund across 20 positions, as published by its issuer for Sep 30, 2026. Since it launched on May 7, 2026 the fund returned −19.9% with distributions reinvested against +4.8% for the S&P 500, so a holder was behind by 24.7 pts. It sits 47.2% below its all-time high of May 28, 2026.

Questions people ask

Do DIPR and WARP hold the same stocks?: By their latest filings, 59% of their books are the same securities at the same weight, which is close to holding one of them twice. Overlap is the sum of the smaller weight of every security they share.
Which is more different from the S&P 500, DIPR or WARP?: DIPR has 19% of its weight in S&P 500 names and WARP has 5%, so WARP differs more from the index.
Which is cheaper, DIPR or WARP?: DIPR charges 0.35% a year and WARP charges 0.50%, so DIPR is cheaper. Fees come from each fund's prospectus.

Other comparisons

DIPR vs UFO DIPR vs MARS DIPR vs NASA DIPR vs ORBX WARP vs FSPC WARP vs GALX WARP vs MARS WARP vs NASA

DIPR on its own →WARP on its own →How every figure is computed →Standards and sources →

Where these figures came from

DIPR filings on SEC EDGAR ↗DIPR prospectus with the expense ratio (SEC) ↗Corgi website ↗WARP filings on SEC EDGAR ↗WARP prospectus with the expense ratio (SEC) ↗VanEck website ↗

ETFIQ links to the documents behind every figure. It is not affiliated with any issuer, and a link is not an endorsement. A comparison is not a recommendation.

Cite this page

ETFIQ, DIPR against WARP, data as of Sep 30, 2026. https://etfiq.com/compare/themes/dipr-vs-warp

Open data

Free to use with attribution. Every figure is calculated from a named public source; the method is at etfiq.com/methodology.