Do ORBX and WARP hold the same stocks?

By their latest filings, 78% of their books are the same securities at the same weight, which is close to holding one of them twice. Overlap is the sum of the smaller weight of every security they share.

Which is more different from the S&P 500, ORBX or WARP?

ORBX has 0% of its weight in S&P 500 names and WARP has 5%, so ORBX differs more from the index.

Which is cheaper, ORBX or WARP?

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

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ORBX vs WARP: which is really different?

ORBX and WARP hold 78% of their weight in the same names. Global X Space Tech ETF and VanEck Space ETF.

0.0%

ORBX in the S&P 500

4.9%

WARP in the S&P 500

−19.6%

ORBX total return, since launch

−19.9%

WARP total return, since launch

ORBX · 3 months to Sep 30, 2026100% of its weight is outside the S&P 500

0% of ORBX's weight is in S&P 500 companies and 100% 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 · ORBX scores higherHow much of it is not the index it is sold as an alternative to?

ORBX 92

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, ORBX and WARP hold 78% 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 Sep 30, 2026.

50%

half

78% in common

Positions both hold, largest shared weight first

Holding ORBX WARP

SPACE EXPLORATION TECHN-CL A 22.74% 20.43%

ROCKET LAB CORP 10.37% 14.52%

AST SPACEMOBILE INC 9.60% 6.46%

IRIDIUM COMMUNICATIONS INC 4.64% 4.58%

MDA SPACE LTD 4.57% 4.62%

GLOBALSTAR INC 4.62% 4.57%

VIASAT INC 4.45% 4.86%

FIREFLY AEROSPACE INC 4.35% 4.46%

REDWIRE CORP 4.20% 4.38%

PLANET LABS PBC 3.48% 4.29%

INTUITIVE MACHINES INC 3.91% 3.44%

AVIO SPA 2.19% 2.22%

Only in ORBX

SES 2.63%

EUTELSAT COMMUNICATIONS 1.88%

BLACKSKY TECHNOLOGY INC 1.43%

YORK SPACE SYSTEMS INC 1.38%

GILAT SATELLITE NETWORKS LTD 1.16%

SATELLOGIC INC-A 1.13%

FILTRONIC PLC 1.00%

OHB SE 0.92%

Only in WARP

Echostar Corp 4.89%

Sky Perfect Jsat Holdings Inc 3.50%

Ses Sa 2.71%

Voyager Technologies Inc 2.61%

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.

78% 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	ORBX	WARP	ORBX	WARP	ORBX	WARP
3 months	−21.5%	−18.7%	−24.0 pts	−21.2 pts	−23.6 pts	−20.8 pts
Since launch ORBX Apr 2026 · WARP May 2026	−19.6%	−19.9%	−29.2 pts	−24.7 pts	−36.0 pts	−26.6 pts

ORBX 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

ORBX

Global X Space Tech ETF · Holds 38 stocks in space, 0% 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 Global X VanEck

Theme Space Space

In the S&P 500 0.0% 4.9%

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

In the Nasdaq-100 0.0% 0.0%

Holdings 38 20

Top ten, share of the fund 73.5% 73.8%

Expense ratio 0.50% 0.50%

Fee for the differing part 0.50% 0.50%

Total return, 1 year −19.6% (since launch on Apr 15, 2026) −19.9% (since launch on May 7, 2026)

vs the S&P 500 −29.2 pts −24.7 pts

vs the Nasdaq-100 −36.0 pts −26.6 pts

Below its high −46.4% −47.2%

Net assets $41m $43m

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

ORBX in plain words

By weight, 0% of ORBX'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 38 positions, as published by its issuer for Sep 30, 2026. Since it launched on Apr 15, 2026 the fund returned −19.6% with distributions reinvested against +9.5% for the S&P 500, so a holder was behind by 29.2 pts. It sits 46.4% below its all-time high of May 28, 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 ORBX and WARP hold the same stocks?: By their latest filings, 78% of their books are the same securities at the same weight, which is close to holding one of them twice. Overlap is the sum of the smaller weight of every security they share.
Which is more different from the S&P 500, ORBX or WARP?: ORBX has 0% of its weight in S&P 500 names and WARP has 5%, so ORBX differs more from the index.
Which is cheaper, ORBX or WARP?: ORBX charges 0.50% a year and WARP charges 0.50%, so ORBX is cheaper. Fees come from each fund's prospectus.

Other comparisons

ORBX vs UFO ORBX vs MARS ORBX vs ARKX ORBX vs DIPR WARP vs ARKX WARP vs MARS WARP vs DIPR WARP vs FSPC

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

Where these figures came from

ORBX filings on SEC EDGAR ↗ORBX prospectus with the expense ratio (SEC) ↗Global X page for ORBX ↗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, ORBX against WARP, data as of Sep 30, 2026. https://etfiq.com/compare/themes/orbx-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.