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Data as of .

EUAD vs WR: which is really different?

EUAD and WR hold 0% of their weight in the same names.

Select STOXX Europe Aerospace & Defense ETF and Corgi U.S. War Machine ETF.

0.0%EUAD in the S&P 500
70.0%WR in the S&P 500
−4.4%EUAD total return, 1 year
+7.9%WR total return, 1 year

ETFIQ Off-Index Score: EUAD scores higher

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

EUAD 91.8WR 37.90.1, 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

EUAD100% 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 87% of the fund · 18 holdings filed May 31, 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 87% of the fund
WR30% of its weight is outside the S&P 500 · 3 months to Sep 18, 2026
70%30%of its weight in S&P 500 companiesof its weight outside the S&P 500active share 97% · top ten 49% of the fund · 57 holdings filed Sep 18, 2026 · Nasdaq-100: 9% in70%30%in the S&P 500outsideactive share 97% · top ten 49% 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, EUAD and WR hold 0% of their money in the same securities at the same weight.

Only in each
Only in EUADOnly in WR
Airbus SE 14.86%ExxonMobil Holdings Corp 8.60%
MTU Aero Engines AG 11.03%Chevron Corp 6.37%
BAE Systems PLC 8.96%Palantir Technologies Inc 5.66%
Rolls-Royce Holdings 8.43%RTX Corp 5.04%
Leonardo SpA 8.27%Marathon Petroleum Corp 4.41%
Safran SA 7.56%Valero Energy Corp 4.29%
Rheinmetall AG 7.53%Phillips 66 4.04%
Saab AB 7.00%ConocoPhillips 3.90%

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 May 31, 2026 and Sep 18, 2026.

Performance, window by window

EUAD and WR over each window. Every figure is an ETFIQ calculation with distributions reinvested. Source: ETFIQ.
WindowTotal returnvs the S&P 500vs the Nasdaq-100
EUADWREUADWREUADWR
3 months+1.0%+11.1%−1.3 pts+8.8 pts+3.5 pts+13.6 pts
6 months+4.8%not published−13.2 ptsnot published−19.4 ptsnot published
1 year−4.4%not published−21.0 ptsnot published−26.2 ptsnot published
Since launch+70.4%+7.9%+36.8 pts+3.6 pts+23.6 pts+4.1 pts
Open the live comparison on ETFIQ
EUAD and WR on the same fields, as of Sep 18, 2026. Source: ETFIQ.
EUAD
Select STOXX Europe Aerospace & Defense ETF
Holds 18 stocks in defense, 0% of its weight in S&P 500 companies
WR
Corgi U.S. War Machine ETF
Holds 57 stocks in defense, 70% of its weight in S&P 500 companies
IssuerTuttleCorgi
ThemeDefenseDefense
In the S&P 5000.0%70.0%
Active share vs the S&P 500100.0%96.6%
In the Nasdaq-1000.0%9.2%
Holdings1857
Top ten, share of the fund86.6%48.7%
Expense ratio0.50%not published
Fee for the differing part0.50%not published
Total return, 1 year−4.4%+7.9% (since launch on May 6, 2026)
vs the S&P 500−21.0 pts+3.6 pts
vs the Nasdaq-100−26.2 pts+4.1 pts
Below its high−11.6%−3.9%
Net assets$1.2bn$945,672

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.

WR in plain words

By weight, 70% of WR's portfolio is stocks that are also in the S&P 500; its active share against the S&P 500 is 97%. The top ten holdings are 49% of the fund across 57 positions, as published by its issuer for Sep 18, 2026. Since it launched on May 6, 2026 the fund returned +7.9% with distributions reinvested against +4.3% for the S&P 500, so a holder was ahead by 3.6 pts.

Questions people ask

Do EUAD and WR 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, EUAD or WR?
EUAD has 0% of its weight in S&P 500 names and WR has 70%, so EUAD differs more from the index.

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.

EUAD against WR, 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, EUAD against WR, data as of Sep 18, 2026. https://etfiq.com/compare/themes/euad-vs-wr Free to use with attribution; the underlying files are at Open data.

How every figure is computed · Standards and sources