Do GCAD and WDGF hold the same stocks?

By their latest filings, 33% 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, GCAD or WDGF?

GCAD has 40% of its weight in S&P 500 names and WDGF has 35%, so WDGF differs more from the index.

Which is cheaper, GCAD or WDGF?

GCAD charges 0.10% a year and WDGF charges 0.45%, so GCAD is cheaper. Fees come from each fund's prospectus.

Data as of Nov 4, 2026.

Thematic ETFs

GCAD vs WDGF: Holdings Overlap & Returns

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Over the year to Nov 4, 2026, GCAD returned +9.4% to WDGF's −2.9%; 33% of their weight is in the same names.

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Net assets on Jun 30, 2026: $44m for Gabelli Commercial Aerospace and Defense ETF and $5.3m for WisdomTree Global Defense Fund.

GCAD on its own →WDGF on its own →

At a glance

40.1%

GCAD in the S&P 500

34.9%

WDGF in the S&P 500

+9.4%

GCAD total return, 1 year

−2.9%

WDGF total return, 1 year

GCAD · 1 year to Nov 4, 2026 60% of its weight is outside the S&P 500

40% of GCAD's weight is in S&P 500 companies and 60% is outside the index. Holdings as of Jun 30, 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

GCAD costs 0.35 points a year less; their one-year returns differ by 12.3 points; GCAD is 8.3 times larger.

GCAD vs WDGF: Holdings Overlap & Returns
Measure	GCAD	WDGF
Return
Measure	GCAD	WDGF
Total return, 1 year	+9.4%	−2.9%
Drawdown
Measure	GCAD	WDGF
Below its all-time high	15.6%, high on Aug 14, 2026	16.9%, high on Mar 9, 2026
Benchmark
Measure	GCAD	WDGF
What it tracks	Defense	Defense
Cost and size
Measure	GCAD	WDGF
Expense ratio	0.10%	0.45%
Net assets, as of Jun 30, 2026	$44m	$5.3m
Holdings
Measure	GCAD	WDGF
Holdings in common	33%

Method

What they share

33%

By the books each fund has filed, GCAD and WDGF hold 33% of their money in the same securities at the same weight. Holdings dated Jun 30, 2026.

50%

0 half 100%

half

33% in common

Positions both hold · largest shared weight first GCAD WDGF

RTX CORP 4.14% 5.46%

LOCKHEED MARTIN CORP 3.97% 4.93%

NORTHROP GRUMMAN CORP 3.48% 4.92%

L3HARRIS TECHNOLOGIES INC 4.01% 3.33%

BOEING COMPANY (THE) 5.20% 2.55%

GENERAL DYNAMICS CORP 2.39% 5.18%

TRANSDIGM GROUP INC 2.03% 2.75%

CURTISS-WRIGHT CORP 2.44% 1.80%

HEICO CORP 1.29% 2.04%

WOODWARD INC 2.10% 1.07%

LEONARDO DRS INC 0.88% 0.72%

HUNTINGTON INGALLS INDUSTRIES INC 0.66% 0.61%

Only in one fund ↓

Only in GCAD

ALBANY INTERNATIONAL CORP 6.84%

HEXCEL CORP 4.57%

TEXTRON INC 3.87%

CRANE COMPANY 3.06%

HOWMET AEROSPACE INC 2.60%

ATI INC 2.29%

ASTRONICS CORP 2.29%

HONEYWELL INTERNATIONAL INC 2.01%

Only in WDGF

BAE SYSTEMS PLC 5.04%

THALES SA 3.35%

ROLLS-ROYCE HOLDINGS PLC 3.04%

HANWHA AEROSPACE CO LTD 2.51%

ROCKET LAB CORP 2.33%

HINDUSTAN AERONAUTICS LTD 2.09%

LEONARDO SPA 2.07%

BHARAT ELECTRONICS LTD 2.05%

Check overlap with more funds →

Window by window

Window by window: GCAD vs WDGF: Holdings Overlap & Returns
	Total return
Window	GCAD	WDGF
3 months	−14.0%	−9.9%
6 months	−7.1%	−9.6%
1 year	+9.4%	−2.9%
3 years	+105.6%	–
Since launchNot the same days: GCAD Jan 2023 · WDGF Sep 2025	+117.4%	−2.1%

– means no data for this window. Open this comparison in the app →

Side by side

GCAD Gabelli Commercial Aerospace and Defense ETF · Holds 51 stocks in defense, 40% 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 Gabelli WisdomTree

Theme Defense Defense

In the S&P 500 40.1% 34.9%

Active share vs the S&P 500 97.2% 98.3%

In the Nasdaq-100 4.4% 7.1%

Holdings 51 115

Top ten, share of the fund 47.5% 44.2%

Expense ratio 0.10% 0.45%

Fee for the differing part 0.10% 0.46%

Total return, 1 year +9.4% −2.9%

vs its benchmark not measured not measured

Below its high −15.6% −16.9%

Net assets, as of Jun 30, 2026 $44m $5.3m

As of Nov 4, 2026. Source: ETFIQ.

33% of the two portfolios are the same securities at the same weight.

Alert

About each fund

GCAD

By weight, 40% of GCAD'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 48% of the fund across 51 positions, as filed for Jun 30, 2026. Over the year to Nov 4, 2026 the fund returned +9.4% with distributions reinvested. It sits 15.6% below its all-time high of Aug 14, 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 GCAD and WDGF hold the same stocks?: By their latest filings, 33% 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, GCAD or WDGF?: GCAD has 40% of its weight in S&P 500 names and WDGF has 35%, so WDGF differs more from the index.
Which is cheaper, GCAD or WDGF?: GCAD charges 0.10% a year and WDGF charges 0.45%, so GCAD is cheaper. Fees come from each fund's prospectus.

Other comparisons

GCAD vs XDEF GCAD vs TSSD GCAD vs AMMO GCAD vs ARMY WDGF vs KDEF WDGF vs MISL WDGF vs WR WDGF vs IDEF

Where to next

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

Sources and dates

GCAD filings on SEC EDGAR ↗

GCAD prospectus with the expense ratio (SEC) ↗

Gabelli 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, GCAD against WDGF, data as of Nov 4, 2026. https://etfiq.com/compare/themes/gcad-vs-wdgf

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