Data as of .
EUAD vs WDGF: which is really different?
EUAD and WDGF hold 21% of their weight in the same names, and WDGF returned more over the year.
ETFIQ Off-Index Score: EUAD 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
21% of the two portfolios are the same securities at the same weight.
What they hold in common
By the books each fund has filed, EUAD and WDGF hold 21% of their money in the same securities at the same weight.
| Holding | EUAD | WDGF |
|---|---|---|
| BAE Systems PLC | 8.96% | 5.04% |
| Rheinmetall AG | 7.53% | 4.27% |
| Thales SA | 6.92% | 3.35% |
| Leonardo SpA | 8.27% | 2.07% |
| Saab AB | 7.00% | 1.97% |
| Hensoldt AG | 4.90% | 0.68% |
| QinetiQ Group PLC | 2.02% | 0.22% |
| Chemring Group PLC | 1.33% | 0.16% |
| Only in EUAD | Only in WDGF |
|---|---|
| Airbus SE 14.86% | RTX CORP 5.46% |
| MTU Aero Engines AG 11.03% | GENERAL DYNAMICS CORP 5.19% |
| Rolls-Royce Holdings 8.43% | LOCKHEED MARTIN CORP 4.94% |
| Safran SA 7.56% | NORTHROP GRUMMAN CORP 4.92% |
| CLEARST. RYCEY SWAP 6.00% | PALANTIR TECHNOLOGIES INC 4.73% |
| Babcock Internationa 4.14% | L3HARRIS TECHNOLOGIES INC 3.33% |
| CLEARST. BAESY SWAP 0.89% | ROLLS-ROYCE HOLDINGS PLC 3.04% |
| CLEARST. LSIIF SWAP 0.10% | TRANSDIGM GROUP INC 2.75% |
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 | |||
|---|---|---|---|---|---|---|
| EUAD | WDGF | EUAD | WDGF | EUAD | WDGF | |
| 3 months | +1.0% | −2.8% | −1.3 pts | −5.1 pts | +3.5 pts | −0.3 pts |
| 6 months | +4.8% | −8.3% | −13.2 pts | −26.3 pts | −19.4 pts | −32.5 pts |
| 1 year | −4.4% | −0.4% | −21.0 pts | −17.0 pts | −26.2 pts | −22.2 pts |
| Since launch | +70.4% | +0.5% | +36.8 pts | −17.0 pts | +23.6 pts | −23.1 pts |
| EUAD Select STOXX Europe Aerospace & Defense ETF Holds 18 stocks in defense, 0% of its weight in S&P 500 companies | WDGF WisdomTree Global Defense Fund Holds 115 stocks in defense, 35% of its weight in S&P 500 companies | |
|---|---|---|
| Issuer | Tuttle | WisdomTree |
| Theme | Defense | Defense |
| In the S&P 500 | 0.0% | 34.9% |
| Active share vs the S&P 500 | 100.0% | 98.3% |
| In the Nasdaq-100 | 0.0% | 4.7% |
| Holdings | 18 | 115 |
| Top ten, share of the fund | 86.6% | 44.3% |
| Expense ratio | 0.50% | 0.45% |
| Fee for the differing part | 0.50% | 0.46% |
| Total return, 1 year | −4.4% | −0.4% |
| vs the S&P 500 | −21.0 pts | −17.0 pts |
| vs the Nasdaq-100 | −26.2 pts | −22.2 pts |
| Below its high | −11.6% | −14.8% |
| Net assets | $1.2bn | $5m |
EUAD in plain words
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 87% of the fund across 18 positions, as filed for May 31, 2026. Over the year to Sep 18, 2026 the fund returned −4.4% with distributions reinvested against +16.6% for the S&P 500, so a holder was behind by 21.0 pts. It sits 11.6% below its all-time high of Jan 13, 2026.
WDGF in plain words
By weight, 35% of WDGF'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 44% of the fund across 115 positions, as filed for Jun 30, 2026. Over the year to Sep 18, 2026 the fund returned −0.4% with distributions reinvested against +16.6% for the S&P 500, so a holder was behind by 17.0 pts. It sits 14.8% below its all-time high of Mar 9, 2026.
Questions people ask
- Do EUAD and WDGF hold the same stocks?
- By their latest filings, 21% of their books are the same securities at the same weight, which is a meaningful overlap. Overlap is the sum of the smaller weight of every security they share.
- Which is more different from the S&P 500, EUAD or WDGF?
- EUAD has 0% of its weight in S&P 500 names and WDGF has 35%, so EUAD differs more from the index.
- Which is cheaper, EUAD or WDGF?
- EUAD charges 0.50% a year and WDGF charges 0.45%, so WDGF 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, EUAD against WDGF, data as of Sep 18, 2026. https://etfiq.com/compare/themes/euad-vs-wdgf Free to use with attribution; the underlying files are at Open data.