Data as of .
DUTY vs KDEF: which is really different?
DUTY and KDEF hold 0% of their weight in the same names.
ETFIQ Off-Index Score: KDEF scores higher
How much of it is not the index it is sold as an alternative to?
A percentile among the 379 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
0% of the two portfolios are the same securities at the same weight.
What they hold in common
By the books each fund has filed, DUTY and KDEF hold 0% of their money in the same securities at the same weight.
| Only in DUTY | Only in KDEF |
|---|---|
| General Dynamics Corp 7.57% | HANWHA AEROSPACE CO LTD 18.69% |
| Lockheed Martin Corp 7.34% | HYUNDAI ROTEM COMPANY 17.07% |
| L3Harris Technologies Inc 6.85% | LIG DEFENSE & AEROSPACE CO LTD 5.87% |
| Northrop Grumman Corp 6.62% | HD HYUNDAI HEAVY INDUSTRIES CO LTD 4.79% |
| Palantir Technologies Inc 5.98% | KOREA AEROSPACE INDUSTRIES LTD 4.58% |
| Rocket Lab Corp 5.35% | FIRSTEC COMPANY LTD 4.53% |
| Palo Alto Networks Inc 5.21% | POONGSAN CORP 4.14% |
| Fortinet Inc 4.92% | HANWHA SYSTEMS CO LTD 4.12% |
Weight overlap is an ETFIQ calculation: for every security both funds hold, the smaller of the two weights, summed. Above 50%, holding both is close to holding one of them twice. Holdings dated Jun 30, 2026 and May 31, 2026.
Performance, window by window
| Window | Total return | vs the S&P 500 | vs the Nasdaq-100 | |||
|---|---|---|---|---|---|---|
| DUTY | KDEF | DUTY | KDEF | DUTY | KDEF | |
| 3 months | +5.7% | −11.8% | +3.5 pts | −14.1 pts | +8.2 pts | −9.3 pts |
| 6 months | not published | −18.0% | not published | −36.0 pts | not published | −42.2 pts |
| 1 year | not published | −8.0% | not published | −24.5 pts | not published | −29.7 pts |
| Since launch | +6.9% | +113.7% | −6.3 pts | +85.1 pts | −12.3 pts | +75.7 pts |
| DUTY U.S. Defense ETF Holds 50 stocks in defense, 62% of its weight in S&P 500 companies | KDEF PLUS Korea Defense Industry Index ETF Holds 20 stocks in defense, 0% of its weight in S&P 500 companies | |
|---|---|---|
| Issuer | Aura | PLUS |
| Theme | Defense | Defense |
| In the S&P 500 | 61.8% | 0.0% |
| Active share vs the S&P 500 | 98.1% | 100.0% |
| In the Nasdaq-100 | 23.5% | 0.0% |
| Holdings | 50 | 20 |
| Top ten, share of the fund | 59.1% | 71.4% |
| Expense ratio | 0.45% | 0.65% |
| Fee for the differing part | 0.46% | 0.65% |
| Total return, 1 year | +6.9% (since launch on Apr 8, 2026) | −8.0% |
| vs the S&P 500 | −6.3 pts | −24.5 pts |
| vs the Nasdaq-100 | −12.3 pts | −29.7 pts |
| Below its high | −9.2% | −34.6% |
| Net assets | $2m | $157m |
DUTY in plain words
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 launched on Apr 8, 2026 the fund returned +6.9% with distributions reinvested against +13.2% for the S&P 500, so a holder was behind by 6.3 pts. It sits 9.2% below its all-time high of Aug 13, 2026.
KDEF in plain words
By weight, 0% of KDEF'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 71% of the fund across 20 positions, as filed for May 31, 2026. Over the year to Sep 18, 2026 the fund returned −8.0% with distributions reinvested against +16.6% for the S&P 500, so a holder was behind by 24.5 pts. It sits 34.6% below its all-time high of May 5, 2026.
Questions people ask
- Do DUTY and KDEF hold the same stocks?
- By their latest filings, 0% of their books are the same securities at the same weight, which is mostly different names. Overlap is the sum of the smaller weight of every security they share.
- Which is more different from the S&P 500, DUTY or KDEF?
- DUTY has 62% of its weight in S&P 500 names and KDEF has 0%, so KDEF differs more from the index.
- Which is cheaper, DUTY or KDEF?
- DUTY charges 0.45% a year and KDEF charges 0.65%, so DUTY is cheaper. Fees come from each fund's prospectus.
Other comparisons
Where these figures came from
ETFIQ links to the documents behind every figure. It is not affiliated with any issuer, and a link is not an endorsement.
Cite this page. ETFIQ, DUTY against KDEF, data as of Sep 18, 2026. https://etfiq.com/compare/themes/duty-vs-kdef Free to use with attribution; the underlying files are at Open data.