Do EUAD and WDGF hold the same stocks?

By their latest filings, 13% 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 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.

Data as of Nov 4, 2026.

Thematic ETFs

EUAD vs WDGF: Holdings Overlap & Returns

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Over the year to Nov 4, 2026, EUAD returned −8.0% to WDGF's −2.9%; 13% 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 $5.3m on Jun 30, 2026 for WisdomTree Global Defense Fund.

EUAD on its own →WDGF on its own →

At a glance

0.0%

EUAD in the S&P 500

34.9%

WDGF in the S&P 500

−8.0%

EUAD total return, 1 year

−2.9%

WDGF 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.

WDGF · 1 year to Nov 4, 2026 65% of its weight is outside the S&P 500

35% of WDGF's weight is in S&P 500 companies and 65% is outside the index. Holdings as of Jun 30, 2026.

Pair scorecard

WDGF costs 0.05 points a year less; their one-year returns differ by 5.1 points.

EUAD vs WDGF: Holdings Overlap & Returns
Measure	EUAD	WDGF
Return
Measure	EUAD	WDGF
Total return, 1 year	−8.0%	−2.9%
Drawdown
Measure	EUAD	WDGF
Below its all-time high	16.7%, high on Jan 13, 2026	16.9%, high on Mar 9, 2026
Benchmark
Measure	EUAD	WDGF
What it tracks	Defense	Defense
Cost and size
Measure	EUAD	WDGF
Expense ratio	0.50%	0.45%
Net assets, EUAD as of Aug 31, 2026 and WDGF as of Jun 30, 2026	$1.1bn	$5.3m
Holdings
Measure	EUAD	WDGF
Holdings in common	13%

Method

Risk and return

Sep 19, 2025 to Oct 30, 2026 · 58 weekly returns

EUAD WDGF

Return

Total return edge WDGF −11.6% −0.7%

Annualized edge WDGF −10.5% −0.6%

Price return edge WDGF −12.0% −0.7%

Risk

Volatility edge WDGF 31.1% 26.4%

Max drawdown edge WDGF −21.4% −18.2%

Risk-adjusted

Sharpe edge WDGF −0.33 −0.04

Sortino edge WDGF −0.45 −0.06

Calmar edge WDGF −0.49 −0.03

Reading

From Sep 2025 to Oct 2026, WDGF returned more: −0.7% to −11.6%. WDGF swung less: 26.4% to 31.1%. WDGF fell less at its worst: −18.2% to −21.4%.

Full scorecard

9 measures, with how each is measured Open ↓

Risk and return: EUAD vs WDGF: Holdings Overlap & Returns
Measure	EUAD	WDGF	Edge	How it is measured
Return
Total return	−11.6%	−0.7%	WDGF	Price change plus distributions, reinvested.
Annualized	−10.5%	−0.6%	WDGF	Total return as a yearly rate.
Price return	−12.0%	−0.7%	WDGF	Price change alone, distributions left out.
Risk
Volatility	31.1%	26.4%	WDGF	Spread of weekly returns, annualized. Lower is steadier.
Downside deviation	22.7%	17.5%	WDGF	Like volatility, counting only weeks below the Treasury bill rate.
Max drawdown	−21.4%	−18.2%	WDGF	Deepest fall from a high to the low after it.
Risk-adjusted
Sharpe	−0.33	−0.04	WDGF	Return above Treasury bills per unit of volatility.
Sortino	−0.45	−0.06	WDGF	Return above Treasury bills per unit of downside deviation.
Calmar	−0.49	−0.03	WDGF	Annualized return divided by the max drawdown.

Computed by ETFIQ from Tiingo daily prices and ETFIQ's distribution records, 58 weekly returns. Cash rate: the 13-week Treasury bill.

What they share

13%

By the books each fund has filed, EUAD and WDGF hold 13% 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

13% in common

Positions both hold · largest shared weight first EUAD WDGF

Thales SA 2.49% 3.35%

BAE Systems PLC 2.38% 5.04%

Leonardo SpA 2.82% 2.07%

Saab AB 2.75% 1.97%

Rheinmetall AG 1.72% 4.27%

Rolls-Royce Holdings PLC 1.11% 3.04%

Hensoldt AG 1.77% 0.67%

Babcock International Group PLC 1.50% 0.46%

QinetiQ Group PLC 0.77% 0.22%

Chemring Group PLC 0.51% 0.16%

Only in one fund ↓

Only in EUAD

MTU Aero Engines AG 4.63%

Airbus SE 4.58%

Safran SA 0.96%

Only in WDGF

RTX CORP 5.46%

GENERAL DYNAMICS CORP 5.18%

LOCKHEED MARTIN CORP 4.93%

NORTHROP GRUMMAN CORP 4.92%

PALANTIR TECHNOLOGIES INC 4.72%

L3HARRIS TECHNOLOGIES INC 3.33%

TRANSDIGM GROUP INC 2.75%

BOEING COMPANY (THE) 2.55%

Check overlap with more funds →

Window by window

Window by window: EUAD vs WDGF: Holdings Overlap & Returns
	Total return
Window	EUAD	WDGF
3 months	−14.6%	−9.9%
6 months	−7.2%	−9.6%
1 year	−8.0%	−2.9%
Since launchNot the same days: EUAD Oct 2024 · WDGF Sep 2025	+60.5%	−2.1%

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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 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% 7.1%

Holdings 13 115

Top ten, share of the fund 25.8% 44.2%

Expense ratio 0.50% 0.45%

Fee for the differing part 0.50% 0.46%

Total return, 1 year −8.0% −2.9%

vs its benchmark not measured not measured

Below its high −16.7% −16.9%

Net assets, EUAD as of Aug 31, 2026 and WDGF as of Jun 30, 2026 $1.1bn $5.3m

As of Nov 4, 2026. Source: ETFIQ.

13% of the two portfolios are the same securities at the same weight.

Client brief:

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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.

WDGF

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 Nov 4, 2026 the fund returned −2.9% with distributions reinvested. It sits 16.9% below its all-time high of Mar 9, 2026.

Questions people ask

Do EUAD and WDGF hold the same stocks?: By their latest filings, 13% 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 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

EUAD vs XDEF EUAD vs TSSD EUAD vs AMMO EUAD vs ARMY WDGF vs MISL WDGF vs IDEF WDGF vs XAR WDGF 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 →WDGF on its own →EUAD dividend history →EUAD holdings →WDGF dividend history →WDGF holdings →Method →Standards and sources →

Sources and dates

EUAD filings on SEC EDGAR ↗

EUAD prospectus with the expense ratio (SEC) ↗

Tuttle website ↗

WDGF filings on SEC EDGAR ↗

WDGF prospectus with the expense ratio (SEC) ↗

WisdomTree page for WDGF ↗

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 WDGF, data as of Nov 4, 2026. https://etfiq.com/compare/themes/euad-vs-wdgf

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