{"url":"https://etfiq.com/compare/themes/dipr-vs-warp","section":"compare","title":"DIPR vs WARP: which is really different? | ETFIQ","description":"19.1% of DIPR and 4.9% of WARP is already in the S&P 500 by weight, as filed, and 59% of the two books are the same names at the same weight.","as_of":"Sep 30, 2026","structured_data":[{"@type":"FAQPage","mainEntity":[{"@type":"Question","name":"Do DIPR and WARP hold the same stocks?","acceptedAnswer":{"@type":"Answer","text":"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."}},{"@type":"Question","name":"Which is more different from the S&P 500, DIPR or WARP?","acceptedAnswer":{"@type":"Answer","text":"DIPR has 19% of its weight in S&P 500 names and WARP has 5%, so WARP differs more from the index."}},{"@type":"Question","name":"Which is cheaper, DIPR or WARP?","acceptedAnswer":{"@type":"Answer","text":"DIPR charges 0.35% a year and WARP charges 0.50%, so DIPR is cheaper. Fees come from each fund's prospectus."}}]},{"@type":"BreadcrumbList","itemListElement":[{"@type":"ListItem","position":1,"name":"ETFIQ","item":"https://etfiq.com/"},{"@type":"ListItem","position":2,"name":"Thematic ETFs","item":"https://etfiq.com/themes/"},{"@type":"ListItem","position":3,"name":"DIPR vs WARP","item":"https://etfiq.com/compare/themes/dipr-vs-warp"}]},{"@type":"WebPage","name":"DIPR vs WARP: which is really different?","description":"19.1% of DIPR and 4.9% of WARP is already in the S&P 500 by weight, as filed, and 59% of the two books are the same names at the same weight. Returns and overlap to Sep 30, 2026.","url":"https://etfiq.com/compare/themes/dipr-vs-warp","dateModified":"2026-09-30","abstract":"DIPR and WARP hold 59% of their weight in the same names.","publisher":{"@id":"https://etfiq.com/#org"},"isPartOf":{"@id":"https://etfiq.com/#website"},"speakable":{"@type":"SpeakableSpecification","cssSelector":[".verdict",".faq"]}},{"@type":"Dataset","name":"ETFIQ comparison of DIPR and WARP","description":"19.1% of DIPR and 4.9% of WARP is already in the S&P 500 by weight, as filed, and 59% of the two books are the same names at the same weight. Returns and overlap to Sep 30, 2026.","dateModified":"2026-09-30","creator":{"@id":"https://etfiq.com/#org"},"isAccessibleForFree":true,"url":"https://etfiq.com/compare/themes/dipr-vs-warp","license":"https://etfiq.com/standards/","publisher":{"@id":"https://etfiq.com/#org"},"inLanguage":"en","creativeWorkStatus":"Published","distribution":[{"@type":"DataDownload","encodingFormat":"application/json","contentUrl":"https://etfiq.com/data/thematic.json"}],"variableMeasured":["Weight overlap with the S&P 500","Active share","Holdings","Top ten share of the fund","Total return","Fee for the differing part","Expense ratio"],"keywords":["exchange-traded funds","ETF","Thematic ETFs","fund data","SEC filings"]}],"characters":6828,"truncated":true,"content":"ETFIQ / Thematic ETFs / Head to head / DIPR vs WARP \n ETFIQ etfiq.com \u00b7 independent ETF data \n\n Data as of Sep 30, 2026 .\n\n DIPR vs WARP: which is really different?\n\n DIPR and WARP hold 59% of their weight in the same names.\n Copy this for sharing \n \n Corgi Space & Satellite Communications ETF and VanEck Space ETF.\n\n Download as PDF \n\n 19.1% DIPR in the S&P 500 \n 4.9% WARP in the S&P 500 \n \u221213.8% DIPR total return, since launch \n \u221219.9% WARP total return, since launch \n\n ETFIQ Off-Index Score: WARP scores higher\n How much of it is not the index it is sold as an alternative to?\n [DIPR scores 74","source":"ETFIQ, independent ETF data. Recomputed nightly from public filings and prices.","publisher":{"@id":"https://etfiq.com/#org","name":"ETFIQ","url":"https://etfiq.com"},"license":"https://etfiq.com/license/","citation":"ETFIQ, as of Sep 30, 2026. https://etfiq.com/compare/themes/dipr-vs-warp","a":{"ticker":"DIPR","name":"Corgi Space & Satellite Communications ETF","issuer":"Corgi","desk":"themes","as_of":"2026-09-30","verdict":"DIPR holds 29 stocks, and 81% of its weight is outside the S&P 500.","url":"https://etfiq.com/funds/dipr","key_facts":[{"label":"Already in the S&P 500","value":"19.1%","as_of":"2026-09-30","source":null},{"label":"Active share vs the S&P 500","value":"99.7%","as_of":"2026-09-30","source":null},{"label":"Top ten holdings","value":"58.9%","as_of":"2026-09-30","source":null},{"label":"Total return, since launch","value":"\u221213.8%","as_of":"2026-09-30","source":null},{"label":"Net assets","value":"$1m","as_of":"2026-09-30","source":"the issuer\u2019s own daily fund list, as of Sep 30, 2026"},{"label":"Expense ratio","value":"0.35%","as_of":"2026-09-30","source":"485BPOS XBRL, Apr 30, 2026"}]},"b":{"ticker":"WARP","name":"VanEck Space ETF","issuer":"VanEck","desk":"themes","as_of":"2026-09-30","verdict":"WARP holds 20 stocks, and 95% of its weight is outside the S&P 500.","url":"https://etfiq.com/funds/warp","key_facts":[{"label":"Already in the S&P 500","value":"4.9%","as_of":"2026-09-30","source":null},{"label":"Active share vs the S&P 500","value":"100.0%","as_of":"2026-09-30","source":null},{"label":"Top ten holdings","value":"73.8%","as_of":"2026-09-30","source":null},{"label":"Total return, since launch","value":"\u221219.9%","as_of":"2026-09-30","source":null},{"label":"Net assets","value":"$43m","as_of":"2026-09-30","source":"the issuer\u2019s daily holdings, added up, as of Sep 30, 2026"},{"label":"Expense ratio","value":"0.50%","as_of":"2026-09-30","source":"485BPOS XBRL, May 6, 2026"}]},"overlap_pct":59,"full_text_at":"https://etfiq.com/compare/themes/dipr-vs-warp"}