Do EUAD and WDEF hold the same stocks?

By their latest filings, 23% of their books are the same securities at the same weight. Overlap is the sum of the smaller weight of every security they share.

Which is more different from the S&P 500, EUAD or WDEF?

EUAD has 0% of its weight in S&P 500 names and WDEF has 0%, so EUAD differs more from the index.

Which is cheaper, EUAD or WDEF?

EUAD charges 0.50% a year and WDEF charges 0.45%, so WDEF is cheaper. Fees come from each fund's prospectus.

Data as of Nov 4, 2026.

Thematic ETFs

EUAD vs WDEF: Holdings Overlap & Returns

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Over the year to Nov 4, 2026, EUAD returned −8.0% to WDEF's −5.6%; 23% of their weight is in the same names.

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Net assets: $1.1bn on Aug 31, 2026 for Select STOXX Europe Aerospace & Defense ETF, and $88m on Jun 30, 2026 for WisdomTree Europe Defense Fund.

EUAD on its own →WDEF on its own →

At a glance

0.0%

EUAD in the S&P 500

0.0%

WDEF in the S&P 500

−8.0%

EUAD total return, 1 year

−5.6%

WDEF total return, 1 year

EUAD · 1 year to Nov 4, 2026 13 positions, 28% of its net assets

EUAD holds 13 positions, 28% of its net assets. Holdings as of Aug 31, 2026.

WDEF · 1 year to Nov 4, 2026 100% of its weight is outside the S&P 500

0% of WDEF's weight is in S&P 500 companies and 100% is outside the index. Holdings as of Jun 30, 2026.

Pair scorecard

WDEF costs 0.05 points a year less; their one-year returns differ by 2.4 points.

EUAD vs WDEF: Holdings Overlap & Returns
Measure	EUAD	WDEF
Return
Measure	EUAD	WDEF
Total return, 1 year	−8.0%	−5.6%
Drawdown
Measure	EUAD	WDEF
Below its all-time high	16.7%, high on Jan 13, 2026	17.3%, high on Jan 27, 2026
Benchmark
Measure	EUAD	WDEF
What it tracks	Defense	Defense
Cost and size
Measure	EUAD	WDEF
Expense ratio	0.50%	0.45%
Net assets, EUAD as of Aug 31, 2026 and WDEF as of Jun 30, 2026	$1.1bn	$88m
Holdings
Measure	EUAD	WDEF
Holdings in common	23%

Method

What they share

23%

By the books each fund has filed, EUAD and WDEF hold 23% of their money in the same securities at the same weight. Holdings dated Jun 30, 2026 and Aug 31, 2026.

50%

0 half 100%

half

23% in common

Positions both hold · largest shared weight first EUAD WDEF

Airbus SE 4.58% 5.29%

Leonardo SpA 2.82% 4.74%

Saab AB 2.75% 4.78%

Thales SA 2.49% 10.04%

BAE Systems PLC 2.38% 10.11%

Hensoldt AG 1.77% 4.09%

Rheinmetall AG 1.72% 8.62%

Babcock International Group PLC 1.50% 3.07%

Rolls-Royce Holdings PLC 1.11% 5.51%

Safran SA 0.96% 5.57%

QinetiQ Group PLC 0.77% 1.39%

Chemring Group PLC 0.51% 0.87%

Only in one fund ↓

Only in EUAD

MTU Aero Engines AG 4.63%

Only in WDEF

KONGSBERG GRUPPEN ASA 4.56%

DASSAULT AVIATION SA 4.10%

INDRA SISTEMAS SA 2.96%

TKMS AG & CO. KGAA 2.93%

MELROSE INDUSTRIES PLC 2.52%

RENK GROUP AG 2.49%

EXOSENS SA 1.68%

EXAIL TECHNOLOGIES SA 1.32%

Check overlap with more funds →

Window by window

Window by window: EUAD vs WDEF: Holdings Overlap & Returns
	Total return
Window	EUAD	WDEF
3 months	−14.6%	−10.7%
6 months	−7.2%	−9.1%
1 year	−8.0%	−5.6%
Since launchNot the same days: EUAD Oct 2024 · WDEF Jul 2025	+60.5%	−4.6%

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Side by side

EUAD Select STOXX Europe Aerospace & Defense ETF · Holds 13 stocks in defense, 0% 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

Issuer Tuttle WisdomTree

Theme Defense Defense

In the S&P 500 0.0% 0.0%

Active share vs the S&P 500 100.0% 100.0%

In the Nasdaq-100 0.0% 0.0%

Holdings 13 42

Top ten, share of the fund 25.8% 63.3%

Expense ratio 0.50% 0.45%

Fee for the differing part 0.50% 0.45%

Total return, 1 year −8.0% −5.6%

vs its benchmark not measured not measured

Below its high −16.7% −17.3%

Net assets, EUAD as of Aug 31, 2026 and WDEF as of Jun 30, 2026 $1.1bn $88m

As of Nov 4, 2026. Source: ETFIQ.

23% of the two portfolios are the same securities at the same weight.

Alert

About each fund

EUAD

By weight, 0% of EUAD'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 26% of the fund across 13 positions, as filed for Aug 31, 2026. Over the year to Nov 4, 2026 the fund returned −8.0% with distributions reinvested. It sits 16.7% below its all-time high of Jan 13, 2026.

WDEF

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 63% of the fund across 42 positions, as filed for Jun 30, 2026. Over the year to Nov 4, 2026 the fund returned −5.6% with distributions reinvested. It sits 17.3% below its all-time high of Jan 27, 2026.

Questions people ask

Do EUAD and WDEF hold the same stocks?: By their latest filings, 23% of their books are the same securities at the same weight. Overlap is the sum of the smaller weight of every security they share.
Which is more different from the S&P 500, EUAD or WDEF?: EUAD has 0% of its weight in S&P 500 names and WDEF has 0%, so EUAD differs more from the index.
Which is cheaper, EUAD or WDEF?: EUAD charges 0.50% a year and WDEF charges 0.45%, so WDEF is cheaper. Fees come from each fund's prospectus.

Other comparisons

EUAD vs SHLD EUAD vs PPA EUAD vs ITA EUAD vs NATO WDEF vs IDEF WDEF vs MISL WDEF vs XAR WDEF vs SHLD

Where to next

All thematic ETFs ranked by the S&P 500 Difference Score →How the scores are computed →EUAD on its own →WDEF on its own →EUAD dividend history →EUAD holdings →WDEF dividend history →WDEF holdings →Method →Standards and sources →

Sources and dates

EUAD filings on SEC EDGAR ↗

EUAD prospectus with the expense ratio (SEC) ↗

Tuttle website ↗

WDEF filings on SEC EDGAR ↗

WDEF prospectus with the expense ratio (SEC) ↗

WisdomTree page for WDEF ↗

Links are sources, not endorsements. A comparison is not a recommendation.

How this is computed

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, EUAD against WDEF, data as of Nov 4, 2026. https://etfiq.com/compare/themes/euad-vs-wdef

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Free to use with attribution for data ETFIQ computes; issuer data stays under its owner's terms.