Data as of Nov 4, 2026.
DUTY vs FOWF: Holdings Overlap & Returns
DUTY and FOWF hold 28% of their weight in the same names.
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Net assets: $2.1m on Jun 30, 2026 for U.S. Defense ETF, and $15m on Nov 3, 2026 for Pacer Solactive Whitney Future of Warfare ETF.
62% of DUTY's weight is in S&P 500 companies and 38% is outside the index. Holdings as of Jun 30, 2026.
75% of FOWF's weight is in S&P 500 companies and 25% is outside the index. Holdings as of Jul 31, 2026.
Pair scorecard
DUTY costs 0.04 points a year less.
Points (pts) are percentage points.
| Measure | DUTY | FOWF |
|---|---|---|
| Return | ||
| Total return, 1 year | not published | +12.2% |
| Drawdown | ||
| Below its all-time high | 9.0%, high on Aug 13, 2026 | 7.6%, high on Aug 14, 2026 |
| Against its benchmark | ||
| What it tracks | Defense | Defense |
| Its benchmark, total return, 1 year | +15.2% | |
| Against its benchmark, 1 year | behind by 3.0 pts | |
| Cost and size | ||
| Expense ratio | 0.45% | 0.49% |
| Net assets, DUTY as of Jun 30, 2026 and FOWF as of Nov 3, 2026 | $2.1m | $15m |
| Holdings | ||
| Holdings in common | 28% | |
How different its holdings are from the S&P 500, ranked against 114 thematic ETFs with at least half their money in S&P 500 companies. 100 is best. How it is computed
Weight not shared with the S&P 500 only; it says nothing about returns, fees or whether the theme pays off. All thematic ETFs ranked by it →
What they share
By the books each fund has filed, DUTY and FOWF hold 28% of their money in the same securities at the same weight. Holdings dated Jun 30, 2026 and Jul 31, 2026.
half
28% in common
Only in one fund ↓
Window by window
| Total return | vs its benchmark | |||
|---|---|---|---|---|
| Window | DUTY | FOWF | DUTY | FOWF |
| 3 months | −2.5% | −5.9% | not measured | −5.3 pts vs URTH |
| 6 months | +13.4% | +3.4% | not measured | −0.9 pts vs URTH |
| 1 year | – | +12.2% | – | −3.0 pts vs URTH |
| Since launchNot the same days: DUTY Apr 2026 · FOWF Dec 2024 | +7.2% | +44.8% | not measured | +8.0 pts vs URTH |
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Side by side
As of Nov 4, 2026. Source: ETFIQ.
28% of the two portfolios are the same securities at the same weight.
DUTY
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 first traded on Apr 8, 2026 the fund returned +7.2% with distributions reinvested. It sits 9.0% below its all-time high of Aug 13, 2026.
FOWF
By weight, 75% of FOWF's portfolio is stocks that are also in the S&P 500; its active share against the S&P 500 is 88%. The top ten holdings are 47% of the fund across 91 positions, as filed for Jul 31, 2026. Over the year to Nov 4, 2026 the fund returned +12.2% with distributions reinvested against +15.2% for its benchmark, the MSCI World Index, so a holder was behind by 3.0 pts. It sits 7.6% below its all-time high of Aug 14, 2026.
Questions people ask
- Do DUTY and FOWF hold the same stocks?
- By their latest filings, 28% 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
It is a place in a set, not a rating or a recommendation.
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, DUTY against FOWF, data as of Nov 4, 2026. https://etfiq.com/compare/themes/duty-vs-fowf
ETFIQ. (Nov 4, 2026). DUTY against FOWF. Retrieved from https://etfiq.com/compare/themes/duty-vs-fowf
[DUTY against FOWF (ETFIQ, Nov 4, 2026)](https://etfiq.com/compare/themes/duty-vs-fowf)
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