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Data as of .

DUTY vs WDEF: which is really different?

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

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

61.8%DUTY in the S&P 500
0.0%WDEF in the S&P 500
+6.9%DUTY total return, 1 year
−7.6%WDEF total return, 1 year

ETFIQ Off-Index Score: WDEF scores higher

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

DUTY 51.7WDEF 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
WDEF100% 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 64% of the fund · 42 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 64% 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 WDEF hold 0% of their money in the same securities at the same weight.

Only in each
Only in DUTYOnly in WDEF
General Dynamics Corp 7.57%BAE SYSTEMS PLC 10.21%
Lockheed Martin Corp 7.34%THALES SA 10.14%
L3Harris Technologies Inc 6.85%RHEINMETALL AG 8.70%
Northrop Grumman Corp 6.62%SAFRAN SA 5.62%
Palantir Technologies Inc 5.98%ROLLS-ROYCE HOLDINGS PLC 5.57%
Rocket Lab Corp 5.35%AIRBUS SE 5.34%
Palo Alto Networks Inc 5.21%SAAB AB 4.83%
Fortinet Inc 4.92%LEONARDO SPA 4.79%

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 WDEF over each window. Every figure is an ETFIQ calculation with distributions reinvested. Source: ETFIQ.
WindowTotal returnvs the S&P 500vs the Nasdaq-100
DUTYWDEFDUTYWDEFDUTYWDEF
3 months+5.7%+2.9%+3.5 pts+0.7 pts+8.2 pts+5.4 pts
6 monthsnot published−6.0%not published−24.1 ptsnot published−30.3 pts
1 yearnot published−7.6%not published−24.1 ptsnot published−29.4 pts
Since launch+6.9%−2.7%−6.3 pts−25.7 pts−12.3 pts−31.8 pts
Open the live comparison on ETFIQ
DUTY and WDEF 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
WDEF
WisdomTree Europe Defense Fund
Holds 42 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%
Holdings5042
Top ten, share of the fund59.1%63.9%
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)−7.6%
vs the S&P 500−6.3 pts−24.1 pts
vs the Nasdaq-100−12.3 pts−29.4 pts
Below its high−9.2%−15.7%
Net assets$2m$83m

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.

WDEF in plain words

By weight, 0% of WDEF'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 64% of the fund across 42 positions, as filed for Jun 30, 2026. Over the year to Sep 18, 2026 the fund returned −7.6% with distributions reinvested against +16.6% for the S&P 500, so a holder was behind by 24.1 pts. It sits 15.7% below its all-time high of Jan 27, 2026.

Questions people ask

Do DUTY and WDEF 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 WDEF?
DUTY has 62% of its weight in S&P 500 names and WDEF has 0%, so WDEF differs more from the index.
Which is cheaper, DUTY or WDEF?
DUTY charges 0.45% a year and WDEF 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 WDEF, 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 WDEF, data as of Sep 18, 2026. https://etfiq.com/compare/themes/duty-vs-wdef Free to use with attribution; the underlying files are at Open data.

How every figure is computed · Standards and sources