Do KDEF and WR hold the same stocks?

By their latest filings, 0% 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, KDEF or WR?

KDEF has 0% of its weight in S&P 500 names and WR has 68%, so KDEF differs more from the index.

Which is cheaper, KDEF or WR?

KDEF charges 0.65% a year and WR charges 0.35%, so WR is cheaper. Fees come from each fund's prospectus.

Data as of Nov 4, 2026.

Thematic ETFs

KDEF vs WR: Holdings Overlap & Returns

Share on X Download as PDF

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

askIQ about this page

askIQ about KDEF and WR

Net assets: $113m on Aug 31, 2026 for PLUS Korea Defense Industry Index ETF, and $932,169 on Nov 4, 2026 for Corgi U.S. War Machine ETF.

KDEF on its own →WR on its own →

At a glance

0.0%

KDEF in the S&P 500

68.0%

WR in the S&P 500

−28.3%

KDEF total return, 1 year

+6.4%

WR total return, 6 months

KDEF · 1 year to Nov 4, 2026 100% of its weight is outside the S&P 500

0% of KDEF's weight is in S&P 500 companies and 100% is outside the index. Holdings as of Aug 31, 2026.

WR · 6 months to Nov 4, 2026 32% of its weight is outside the S&P 500

68% of WR's weight is in S&P 500 companies and 32% is outside the index. Holdings as of Nov 4, 2026.

Pair scorecard

WR costs 0.30 points a year less.

KDEF vs WR: Holdings Overlap & Returns
Measure	KDEF	WR
Return
Measure	KDEF	WR
Total return, 1 year	−28.3%	not published
Drawdown
Measure	KDEF	WR
Below its all-time high	50.7%, high on May 5, 2026	7.2%, high on Oct 30, 2026
Benchmark
Measure	KDEF	WR
What it tracks	Defense	Defense
Cost and size
Measure	KDEF	WR
Expense ratio	0.65%	0.35%
Net assets, KDEF as of Aug 31, 2026 and WR as of Nov 4, 2026	$113m	$932,169
Holdings
Measure	KDEF	WR
Holdings in common	0%

Method

What they share

By the books each fund has filed, KDEF and WR hold 0% of their money in the same securities at the same weight. Holdings dated Aug 31, 2026 and Nov 4, 2026.

50%

0 half 100%

half

0% in common

Positions both hold · largest shared weight first KDEF WR

Only in one fund ↓

Only in KDEF

HANWHA AEROSPACE CO LTD 23.38%

HYUNDAI ROTEM COMPANY 7.63%

KOREA AEROSPACE INDUSTRIES LTD 6.71%

LIG DEFENSE & AEROSPACE CO LTD 6.67%

POONGSAN CORP 6.04%

SK OCEANPLANT CO LTD 4.33%

SNT MOTIV CO LTD 4.25%

SNT DYNAMICS CO LTD 3.94%

Only in WR

ExxonMobil Holdings Corp 9.02%

Chevron Corp 6.68%

Palantir Technologies Inc 5.54%

RTX Corp 5.22%

Marathon Petroleum Corp 4.13%

ConocoPhillips 4.11%

Lockheed Martin Corp 4.02%

Phillips 66 3.90%

Check overlap with more funds →

Window by window

Window by window: KDEF vs WR: Holdings Overlap & Returns
	Total return
Window	KDEF	WR
3 months	−22.9%	+2.8%
6 months	−49.1%	+6.4%
1 year	−28.3%	–
Since launchNot the same days: KDEF Feb 2025 · WR May 2026	+60.9%	+6.4%

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

Side by side

KDEF PLUS Korea Defense Industry Index ETF · Holds 20 stocks in defense, 0% of its weight in S&P 500 companies WR Corgi U.S. War Machine ETF · Holds 56 stocks in defense, 68% of its weight in S&P 500 companies

Issuer PLUS Corgi

Theme Defense Defense

In the S&P 500 0.0% 68.0%

Active share vs the S&P 500 100.0% 96.6%

In the Nasdaq-100 0.0% 9.9%

Holdings 20 56

Top ten, share of the fund 70.4% 49.5%

Expense ratio 0.65% 0.35%

Fee for the differing part 0.65% 0.36%

Total return, 1 year −28.3% +6.4% (since launch, May 6, 2026)

vs its benchmark not measured not measured

Below its high −50.7% −7.2%

Net assets, KDEF as of Aug 31, 2026 and WR as of Nov 4, 2026 $113m $932,169

As of Nov 4, 2026. Source: ETFIQ.

0% of the two portfolios are the same securities at the same weight.

Alert

About each fund

KDEF

By weight, 0% of KDEF'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 70% of the fund across 20 positions, as filed for Aug 31, 2026. Over the year to Nov 4, 2026 the fund returned −28.3% with distributions reinvested. It sits 50.7% below its all-time high of May 5, 2026.

By weight, 68% 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 50% of the fund across 56 positions, as published by its issuer for Nov 4, 2026. Since it first traded on May 6, 2026 the fund returned +6.4% with distributions reinvested. It sits 7.2% below its all-time high of Oct 30, 2026.

Questions people ask

Do KDEF and WR hold the same stocks?: By their latest filings, 0% 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, KDEF or WR?: KDEF has 0% of its weight in S&P 500 names and WR has 68%, so KDEF differs more from the index.
Which is cheaper, KDEF or WR?: KDEF charges 0.65% a year and WR charges 0.35%, so WR is cheaper. Fees come from each fund's prospectus.

Other comparisons

KDEF vs AV KDEF vs WDGF KDEF vs WDAF KDEF vs WAR WR vs NATO WR vs MISL WR vs ARMY WR vs XDEF

Where to next

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

Sources and dates

KDEF filings on SEC EDGAR ↗

KDEF prospectus with the expense ratio (SEC) ↗

PLUS website ↗

WR filings on SEC EDGAR ↗

WR prospectus with the expense ratio (SEC) ↗

Corgi website ↗

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, KDEF against WR, data as of Nov 4, 2026. https://etfiq.com/compare/themes/kdef-vs-wr

Open data →

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