Do GALX and WARP hold the same stocks?

By their latest filings, 24% 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, GALX or WARP?

GALX has 14% of its weight in S&P 500 names and WARP has 5%, so WARP differs more from the index.

Which is cheaper, GALX or WARP?

GALX charges 0.75% a year and WARP charges 0.50%, so WARP is cheaper. Fees come from each fund's prospectus.

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GALX vs WARP: which is really different?

GALX and WARP hold 24% of their weight in the same names. VistaShares Space Supercycle ETF and VanEck Space ETF.

13.5%

GALX in the S&P 500

4.9%

WARP in the S&P 500

−1.9%

GALX total return, since launch

−19.9%

WARP total return, since launch

GALX · since launch to Sep 30, 202687% of its weight is outside the S&P 500

14% of GALX's weight is in S&P 500 companies and 87% is outside the index

WARP · 3 months to Sep 30, 202695% of its weight is outside the S&P 500

5% of WARP's weight is in S&P 500 companies and 95% is outside the index

ETFIQ Off-Index Score · WARP scores higherHow much of it is not the index it is sold as an alternative to?

GALX 62.3

WARP 92

0.1, the lowest in this set92.0, the highest

A percentile among the 375 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 →

What they hold in common

By the books each fund has filed, GALX and WARP hold 24% of their money in the same securities at the same weight. Above 50%, holding both is close to holding one of them twice. Holdings dated Oct 1, 2026 and Sep 30, 2026.

50%

half

24% in common

Positions both hold, largest shared weight first

Holding GALX WARP

Rocket Lab Corp 4.25% 14.52%

MDA Space Ltd 3.87% 4.62%

AST SpaceMobile Inc 2.98% 6.46%

Space Exploration Technologies Corp 2.83% 20.43%

Firefly Aerospace Inc 2.24% 4.46%

Avio SpA 3.33% 2.22%

Redwire Corp 1.15% 4.38%

Viasat Inc 1.07% 4.86%

Intuitive Machines Inc 1.02% 3.44%

EchoStar Corp 1.01% 4.89%

Astroscale Holdings Inc 1.00% 1.76%

Voyager Technologies Inc 0.80% 2.61%

Only in GALX

MACOM Technology Solutions Holdings Inc 4.35%

AMETEK Inc 4.00%

Moog Inc 3.66%

Frequency Electronics Inc 3.50%

Teledyne Technologies Inc 3.18%

Kongsberg Gruppen ASA 3.03%

5N Plus Inc 3.01%

Filtronic PLC 2.99%

Only in WARP

Iridium Communications Inc 4.58%

Globalstar Inc 4.57%

Planet Labs Pbc 4.29%

Sky Perfect Jsat Holdings Inc 3.50%

Ses Sa 2.71%

Nextnav Inc 2.35%

Hawkeye 360 Inc 2.00%

Eutelsat Communications Sa 1.35%

Weight overlap is an ETFIQ calculation: for every security both funds hold, the smaller of the two weights, summed.

24% of the two portfolios are the same securities at the same weight.

Performance, window by window

	Total return		vs the S&P 500		vs the Nasdaq-100
Window	GALX	WARP	GALX	WARP	GALX	WARP
3 months	not published	−18.7%	not published	−21.2 pts	not published	−20.8 pts
Since launch GALX Jul 2026 · WARP May 2026	−1.9%	−19.9%	−3.7 pts	−24.7 pts	−6.8 pts	−26.6 pts

GALX and WARP over each window. Every figure is an ETFIQ calculation with distributions reinvested. Source: ETFIQ. Open the live comparison on ETFIQ →

On the same fields

GALX

VistaShares Space Supercycle ETF · Holds 59 stocks in space, 14% of its weight in S&P 500 companies

WARP

VanEck Space ETF · Holds 20 stocks in space, 5% of its weight in S&P 500 companies

Issuer VistaShares VanEck

Theme Space Space

In the S&P 500 13.5% 4.9%

Active share vs the S&P 500 99.0% 100.0%

In the Nasdaq-100 0.0% 0.0%

Holdings 59 20

Top ten, share of the fund 36.2% 73.8%

Expense ratio 0.75% 0.50%

Fee for the differing part 0.76% 0.50%

Total return, 1 year −1.9% (since launch on Jul 16, 2026) −19.9% (since launch on May 7, 2026)

vs the S&P 500 −3.7 pts −24.7 pts

vs the Nasdaq-100 −6.8 pts −26.6 pts

Below its high −13.0% −47.2%

Net assets $3m $43m

GALX and WARP on the same fields, as of Sep 30, 2026. Source: ETFIQ.

GALX in plain words

By weight, 14% of GALX's portfolio is stocks that are also in the S&P 500; its active share against the S&P 500 is 99%. The top ten holdings are 36% of the fund across 59 positions, as published by its issuer for Oct 1, 2026. Since it launched on Jul 16, 2026 the fund returned −1.9% with distributions reinvested against +1.8% for the S&P 500, so a holder was behind by 3.7 pts. It sits 13.0% below its all-time high of Aug 12, 2026.

WARP in plain words

By weight, 5% of WARP'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 74% of the fund across 20 positions, as published by its issuer for Sep 30, 2026. Since it launched on May 7, 2026 the fund returned −19.9% with distributions reinvested against +4.8% for the S&P 500, so a holder was behind by 24.7 pts. It sits 47.2% below its all-time high of May 28, 2026.

Questions people ask

Do GALX and WARP hold the same stocks?: By their latest filings, 24% 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, GALX or WARP?: GALX has 14% of its weight in S&P 500 names and WARP has 5%, so WARP differs more from the index.
Which is cheaper, GALX or WARP?: GALX charges 0.75% a year and WARP charges 0.50%, so WARP is cheaper. Fees come from each fund's prospectus.

Other comparisons

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GALX on its own →WARP on its own →How every figure is computed →Standards and sources →

Where these figures came from

GALX filings on SEC EDGAR ↗GALX prospectus with the expense ratio (SEC) ↗VistaShares page for GALX ↗WARP filings on SEC EDGAR ↗WARP prospectus with the expense ratio (SEC) ↗VanEck website ↗

ETFIQ links to the documents behind every figure. It is not affiliated with any issuer, and a link is not an endorsement. A comparison is not a recommendation.

Cite this page

ETFIQ, GALX against WARP, data as of Sep 30, 2026. https://etfiq.com/compare/themes/galx-vs-warp

Open data

Free to use with attribution. Every figure is calculated from a named public source; the method is at etfiq.com/methodology.