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Data as of .

DUTY vs WDAF: which is really different?

DUTY and WDAF hold 0% of their weight in the same names.

U.S. Defense ETF and WisdomTree Asia Defense Fund.

61.8%DUTY in the S&P 500
0.0%WDAF in the S&P 500
+6.9%DUTY total return, 1 year
−1.4%WDAF total return, 1 year

ETFIQ Off-Index Score: WDAF scores higher

How much of it is not the index it is sold as an alternative to?

DUTY 51.7WDAF 91.80.1, the lowest in this set91.8, the highest

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

DUTY38% of its weight is outside the S&P 500 · 3 months to Sep 18, 2026
62%38%of its weight in S&P 500 companiesof its weight outside the S&P 500active share 98% · top ten 59% of the fund · 50 holdings filed Jun 30, 2026 · Nasdaq-100: 24% in62%38%in the S&P 500outsideactive share 98% · top ten 59% of the fund
WDAF100% of its weight is outside the S&P 500 · 1 year to Sep 18, 2026
0%100%0% of its weight in S&P 500 companiesof its weight outside the S&P 500active share 100% · top ten 62% of the fund · 61 holdings filed Jun 30, 2026 · Nasdaq-100: 0% in0%100%0% of its weight in S&P 500 companiesof its weight outside the S&P 500active share 100% · top ten 62% of the fund

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 WDAF hold 0% of their money in the same securities at the same weight.

Only in each
Only in DUTYOnly in WDAF
General Dynamics Corp 7.57%HINDUSTAN AERONAUTICS LTD 8.01%
Lockheed Martin Corp 7.34%BHARAT ELECTRONICS LTD 7.82%
L3Harris Technologies Inc 6.85%KOREA AEROSPACE INDUSTRIES LTD 7.70%
Northrop Grumman Corp 6.62%HANWHA AEROSPACE CO LTD 7.32%
Palantir Technologies Inc 5.98%LIG DEFENSE & AEROSPACE CO LTD 7.01%
Rocket Lab Corp 5.35%HYUNDAI ROTEM COMPANY 6.84%
Palo Alto Networks Inc 5.21%IHI CORP 4.58%
Fortinet Inc 4.92%KAWASAKI HEAVY INDUSTRIES LTD 4.22%

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.

Performance, window by window

DUTY and WDAF over each window. Every figure is an ETFIQ calculation with distributions reinvested. Source: ETFIQ.
WindowTotal returnvs the S&P 500vs the Nasdaq-100
DUTYWDAFDUTYWDAFDUTYWDAF
3 months+5.7%−8.2%+3.5 pts−10.5 pts+8.2 pts−5.8 pts
6 monthsnot published−4.9%not published−22.9 ptsnot published−29.1 pts
1 yearnot published−1.4%not published−17.9 ptsnot published−23.1 pts
Since launch+6.9%−0.1%−6.3 pts−17.5 pts−12.3 pts−23.7 pts
Open the live comparison on ETFIQ
DUTY and WDAF on the same fields, as of Sep 18, 2026. Source: ETFIQ.
DUTY
U.S. Defense ETF
Holds 50 stocks in defense, 62% of its weight in S&P 500 companies
WDAF
WisdomTree Asia Defense Fund
Holds 61 stocks in defense, 0% of its weight in S&P 500 companies
IssuerAuraWisdomTree
ThemeDefenseDefense
In the S&P 50061.8%0.0%
Active share vs the S&P 50098.1%100.0%
In the Nasdaq-10023.5%0.0%
Holdings5061
Top ten, share of the fund59.1%61.6%
Expense ratio0.45%0.45%
Fee for the differing part0.46%0.45%
Total return, 1 year+6.9% (since launch on Apr 8, 2026)−1.4%
vs the S&P 500−6.3 pts−17.9 pts
vs the Nasdaq-100−12.3 pts−23.1 pts
Below its high−9.2%−18.8%
Net assets$2m$12m

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.

WDAF in plain words

By weight, 0% of WDAF'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 62% of the fund across 61 positions, as filed for Jun 30, 2026. Over the year to Sep 18, 2026 the fund returned −1.4% with distributions reinvested against +16.6% for the S&P 500, so a holder was behind by 17.9 pts. It sits 18.8% below its all-time high of May 5, 2026.

Questions people ask

Do DUTY and WDAF 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 WDAF?
DUTY has 62% of its weight in S&P 500 names and WDAF has 0%, so WDAF differs more from the index.
Which is cheaper, DUTY or WDAF?
DUTY charges 0.45% a year and WDAF charges 0.45%, 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.

DUTY against WDAF, ETFIQ, data as of Sep 18, 2026. Every figure is calculated from a named public source; the method is at etfiq.com/methodology. A comparison is not a recommendation.

Cite this page. ETFIQ, DUTY against WDAF, data as of Sep 18, 2026. https://etfiq.com/compare/themes/duty-vs-wdaf Free to use with attribution; the underlying files are at Open data.

How every figure is computed · Standards and sources