Data as of .
SETM vs WDIG: which is really different?
SETM and WDIG hold 35% of their weight in the same names.
ETFIQ Off-Index Score: SETM scores higher
How much of it is not the index it is sold as an alternative to?
A percentile among the 379 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
35% of the two portfolios are the same securities at the same weight.
What they hold in common
By the books each fund has filed, SETM and WDIG hold 35% of their money in the same securities at the same weight.
| Holding | SETM | WDIG |
|---|---|---|
| Lynas Rare Earths Ltd. | 4.73% | 3.77% |
| MP Materials Corp. | 3.01% | 2.92% |
| Southern Copper Corp. | 2.17% | 2.67% |
| Freeport-McMoRan Inc. | 5.00% | 2.14% |
| Albemarle Corp. | 3.37% | 1.64% |
| Antofagasta PLC | 2.39% | 1.55% |
| PLS Group Ltd. | 4.05% | 1.51% |
| Sociedad Quimica y Minera de Chile SA | 3.19% | 1.23% |
| First Quantum Minerals Ltd. | 2.45% | 1.22% |
| Teck Resources Ltd. | 3.20% | 1.15% |
| Lundin Mining Corp. | 1.98% | 1.13% |
| Energy Fuels Inc. | 1.12% | 2.87% |
| Only in SETM | Only in WDIG |
|---|---|
| Cameco Corp. 4.91% | ATI INC 3.98% |
| NAC Kazatomprom JSC 3.57% | MATERION CORP 3.29% |
| Uranium Energy Corp. 3.27% | 5N PLUS INC 2.65% |
| Paladin Energy Ltd. 2.80% | USA RARE EARTH INC 2.17% |
| NexGen Energy Ltd. 2.58% | GRUPO MEXICO SAB DE CV 2.06% |
| Denison Mines Corp. 2.26% | ALMONTY INDUSTRIES INC 1.88% |
| CGN Mining Co. Ltd. 0.90% | GLENCORE PLC 1.75% |
| Ganfeng Lithium Group Co. Ltd. 0.77% | WHEATON PRECIOUS METALS CORP 1.65% |
Weight overlap is an ETFIQ calculation: for every security both funds hold, the smaller of the two weights, summed. Above 50%, holding both is close to holding one of them twice. Holdings dated May 31, 2026 and Sep 18, 2026.
Performance, window by window
| Window | Total return | vs the S&P 500 | vs the Nasdaq-100 | |||
|---|---|---|---|---|---|---|
| SETM | WDIG | SETM | WDIG | SETM | WDIG | |
| 3 months | −9.0% | −9.8% | −11.3 pts | −12.0 pts | −6.5 pts | −7.3 pts |
| 6 months | +5.4% | not published | −12.6 pts | not published | −18.8 pts | not published |
| 1 year | +37.9% | not published | +21.4 pts | not published | +16.2 pts | not published |
| 3 years | +82.1% | not published | +3.7 pts | not published | −16.1 pts | not published |
| Since launch | +61.6% | −17.2% | −30.1 pts | −21.8 pts | −74.6 pts | −21.1 pts |
| SETM Sprott Critical Materials ETF Holds 156 stocks in rare earth and critical materials, 8% of its weight in S&P 500 companies | WDIG WisdomTree Efficient Rare Earth Plus Strategic Metals Fund Holds 101 stocks in rare earth and critical materials, 4% of its weight in S&P 500 companies | |
|---|---|---|
| Issuer | Sprott | WisdomTree |
| Theme | Rare earth and critical materials | Rare earth and critical materials |
| In the S&P 500 | 8.4% | 3.8% |
| Active share vs the S&P 500 | 99.8% | 99.8% |
| In the Nasdaq-100 | 0.0% | 0.0% |
| Holdings | 156 | 101 |
| Top ten, share of the fund | 39.0% | 29.4% |
| Expense ratio | 0.65% | 0.55% |
| Fee for the differing part | 0.65% | 0.55% |
| Total return, 1 year | +37.9% | −17.2% (since launch on May 7, 2026) |
| vs the S&P 500 | +21.4 pts | −21.8 pts |
| vs the Nasdaq-100 | +16.2 pts | −21.1 pts |
| Below its high | −21.8% | −22.6% |
| Net assets | $568m | $5m |
SETM in plain words
By weight, 8% of SETM'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 39% of the fund across 156 positions, as published by its issuer for Sep 18, 2026. Over the year to Sep 18, 2026 the fund returned +37.9% with distributions reinvested against +16.6% for the S&P 500, so a holder was ahead by 21.4 pts. It sits 21.8% below its all-time high of Jan 28, 2026.
WDIG in plain words
By weight, 4% of WDIG'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 29% of the fund across 101 positions, as filed for May 31, 2026. Since it launched on May 7, 2026 the fund returned −17.2% with distributions reinvested against +4.6% for the S&P 500, so a holder was behind by 21.8 pts. It sits 22.6% below its all-time high of May 13, 2026.
Questions people ask
- Do SETM and WDIG hold the same stocks?
- By their latest filings, 35% 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, SETM or WDIG?
- SETM has 8% of its weight in S&P 500 names and WDIG has 4%, so SETM differs more from the index.
- Which is cheaper, SETM or WDIG?
- SETM charges 0.65% a year and WDIG charges 0.55%, so WDIG is cheaper. Fees come from each fund's prospectus.
Other comparisons
Where these figures came from
ETFIQ links to the documents behind every figure. It is not affiliated with any issuer, and a link is not an endorsement.
Cite this page. ETFIQ, SETM against WDIG, data as of Sep 18, 2026. https://etfiq.com/compare/themes/setm-vs-wdig Free to use with attribution; the underlying files are at Open data.