Data as of Nov 4, 2026.
MISL vs WDEF: Holdings Overlap & Returns
Over the year to Nov 4, 2026, MISL returned −2.3% to WDEF's −5.6%; 0% of their weight is in the same names.
askIQ about this page
askIQ about MISL and WDEF
Net assets: $685m on Nov 3, 2026 for First Trust Indxx Aerospace & Defense ETF, and $88m on Jun 30, 2026 for WisdomTree Europe Defense Fund.
66% of MISL's weight is in S&P 500 companies and 34% is outside the index. Holdings as of Nov 3, 2026.
0% of WDEF's weight is in S&P 500 companies and 100% is outside the index. Holdings as of Jun 30, 2026.
Pair scorecard
WDEF costs 0.15 points a year less; their one-year returns differ by 3.3 points.
Points (pts) are percentage points.
| Measure | MISL | WDEF |
|---|---|---|
| Return | ||
| Total return, 1 year | −2.3% | −5.6% |
| Drawdown | ||
| Below its all-time high | 19.1%, high on Jan 16, 2026 | 17.3%, high on Jan 27, 2026 |
| Against its benchmark | ||
| What it tracks | Defense | Defense |
| Against the S&P 500, 1 year | behind by 17.1 pts | |
| Its benchmark, total return, 1 year | +14.8% | |
| Against its benchmark, 1 year | behind by 17.1 pts | |
| Cost and size | ||
| Expense ratio | 0.60% | 0.45% |
| Net assets, MISL as of Nov 3, 2026 and WDEF as of Jun 30, 2026 | $685m | $88m |
| Holdings | ||
| Holdings in common | 0% | |
What they share
By the books each fund has filed, MISL and WDEF hold 0% of their money in the same securities at the same weight. Holdings dated Jun 30, 2026 and Nov 3, 2026.
half
0% in common
Only in one fund ↓
Window by window
| Total return | vs its benchmark | |||
|---|---|---|---|---|
| Window | MISL | WDEF | MISL | WDEF |
| 3 months | −10.2% | −10.7% | −10.1 pts vs VOO | not measured |
| 6 months | −7.5% | −9.1% | −12.5 pts vs VOO | not measured |
| 1 year | −2.3% | −5.6% | −17.1 pts vs VOO | not measured |
| 3 years | +79.3% | – | −4.0 pts vs VOO | – |
| Since launchNot the same days: MISL Oct 2022 · WDEF Jul 2025 | +103.7% | −4.6% | −8.3 pts vs VOO | not measured |
– means no data for this window. Open this comparison in the app →
Side by side
As of Nov 4, 2026. Source: ETFIQ.
0% of the two portfolios are the same securities at the same weight.
MISL
By weight, 66% of MISL'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 60% of the fund across 44 positions, as published by its issuer for Nov 3, 2026. Over the year to Nov 4, 2026 the fund returned −2.3% with distributions reinvested against +14.8% for its benchmark, the S&P 500 Index, so a holder was behind by 17.1 pts. It sits 19.1% below its all-time high of Jan 16, 2026.
WDEF
By weight, 0% of WDEF'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 63% of the fund across 42 positions, as filed for Jun 30, 2026. Over the year to Nov 4, 2026 the fund returned −5.6% with distributions reinvested. It sits 17.3% below its all-time high of Jan 27, 2026.
Questions people ask
- Do MISL and WDEF 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.
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, MISL against WDEF, data as of Nov 4, 2026. https://etfiq.com/compare/themes/misl-vs-wdef
ETFIQ. (Nov 4, 2026). MISL against WDEF. Retrieved from https://etfiq.com/compare/themes/misl-vs-wdef
[MISL against WDEF (ETFIQ, Nov 4, 2026)](https://etfiq.com/compare/themes/misl-vs-wdef)
Free to use with attribution for data ETFIQ computes; issuer data stays under its owner's terms.