{"url":"https://etfiq.com/compare/themes/spam-vs-wcbr","section":"compare","title":"SPAM vs WCBR: which is really different? | ETFIQ","description":"26.4% of SPAM and 34.0% of WCBR is already in the S&P 500 by weight, as filed, and 65% of the two books are the same names at the same weight.","as_of":"Sep 30, 2026","structured_data":[{"@type":"FAQPage","mainEntity":[{"@type":"Question","name":"Do SPAM and WCBR hold the same stocks?","acceptedAnswer":{"@type":"Answer","text":"By their latest filings, 65% 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."}},{"@type":"Question","name":"Which is more different from the S&P 500, SPAM or WCBR?","acceptedAnswer":{"@type":"Answer","text":"SPAM has 26% of its weight in S&P 500 names and WCBR has 34%, so SPAM differs more from the index."}},{"@type":"Question","name":"Which is cheaper, SPAM or WCBR?","acceptedAnswer":{"@type":"Answer","text":"SPAM charges 0.35% a year and WCBR charges 0.45%, so SPAM is cheaper. Fees come from each fund's prospectus."}}]},{"@type":"BreadcrumbList","itemListElement":[{"@type":"ListItem","position":1,"name":"ETFIQ","item":"https://etfiq.com/"},{"@type":"ListItem","position":2,"name":"Thematic ETFs","item":"https://etfiq.com/themes/"},{"@type":"ListItem","position":3,"name":"SPAM vs WCBR","item":"https://etfiq.com/compare/themes/spam-vs-wcbr"}]},{"@type":"WebPage","name":"SPAM vs WCBR: which is really different?","description":"26.4% of SPAM and 34.0% of WCBR is already in the S&P 500 by weight, as filed, and 65% of the two books are the same names at the same weight. Returns and overlap to Sep 30, 2026.","url":"https://etfiq.com/compare/themes/spam-vs-wcbr","dateModified":"2026-09-30","abstract":"SPAM and WCBR hold 65% of their weight in the same names, and WCBR returned +45.9% over the year.","publisher":{"@id":"https://etfiq.com/#org"},"isPartOf":{"@id":"https://etfiq.com/#website"},"speakable":{"@type":"SpeakableSpecification","cssSelector":[".verdict",".faq"]}},{"@type":"Dataset","name":"ETFIQ comparison of SPAM and WCBR","description":"26.4% of SPAM and 34.0% of WCBR is already in the S&P 500 by weight, as filed, and 65% of the two books are the same names at the same weight. Returns and overlap to Sep 30, 2026.","dateModified":"2026-09-30","creator":{"@id":"https://etfiq.com/#org"},"isAccessibleForFree":true,"url":"https://etfiq.com/compare/themes/spam-vs-wcbr","license":"https://etfiq.com/standards/","publisher":{"@id":"https://etfiq.com/#org"},"inLanguage":"en","creativeWorkStatus":"Published","distribution":[{"@type":"DataDownload","encodingFormat":"application/json","contentUrl":"https://etfiq.com/data/thematic.json"}],"variableMeasured":["Weight overlap with the S&P 500","Active share","Holdings","Top ten share of the fund","Total return","Fee for the differing part","Expense ratio"],"keywords":["exchange-traded funds","ETF","Thematic ETFs","fund data","SEC filings"]}],"characters":6767,"truncated":true,"content":"ETFIQ / Thematic ETFs / Head to head / SPAM vs WCBR \n ETFIQ etfiq.com \u00b7 independent ETF data \n\n Data as of Sep 30, 2026 .\n\n SPAM vs WCBR: which is really different?\n\n SPAM and WCBR hold 65% of their weight in the same names, and WCBR returned +45.9% over the year.\n Copy this for sharing \n \n Themes Cybersecurity ETF and WisdomTree Cybersecurity Fund.\n\n Download as PDF \n\n 26.4% SPAM in the S&P 500 \n 34.0% WCBR in the S&P 500 \n +35.1% SPAM total return, 1 year \n +45.9% WCBR total return, 1 year \n\n ETFIQ Off-Index Score: SPAM scores higher\n How much of it is not the index it is sold as an alternat","source":"ETFIQ, independent ETF data. Recomputed nightly from public filings and prices.","publisher":{"@id":"https://etfiq.com/#org","name":"ETFIQ","url":"https://etfiq.com"},"license":"https://etfiq.com/license/","citation":"ETFIQ, as of Sep 30, 2026. https://etfiq.com/compare/themes/spam-vs-wcbr","a":{"ticker":"SPAM","name":"Themes Cybersecurity ETF","issuer":"Themes","desk":"themes","as_of":"2026-09-30","verdict":"SPAM holds 35 stocks, and 74% of its weight is outside the S&P 500.","url":"https://etfiq.com/funds/spam","key_facts":[{"label":"Already in the S&P 500","value":"26.4%","as_of":"2026-09-30","source":null},{"label":"Active share vs the S&P 500","value":"99.1%","as_of":"2026-09-30","source":null},{"label":"Top ten holdings","value":"54.4%","as_of":"2026-09-30","source":null},{"label":"Total return, 1 year","value":"+35.1%","as_of":"2026-09-30","source":null},{"label":"Net assets","value":"$7m","as_of":"2026-09-30","source":"issuer page, as of Sep 18, 2026"},{"label":"Expense ratio","value":"0.35%","as_of":"2026-09-30","source":"485BPOS XBRL, Jan 27, 2026"}]},"b":{"ticker":"WCBR","name":"WisdomTree Cybersecurity Fund","issuer":"WisdomTree","desk":"themes","as_of":"2026-09-30","verdict":"WCBR holds 25 stocks, and 66% of its weight is outside the S&P 500.","url":"https://etfiq.com/funds/wcbr","key_facts":[{"label":"Already in the S&P 500","value":"34.0%","as_of":"2026-09-30","source":null},{"label":"Active share vs the S&P 500","value":"98.9%","as_of":"2026-09-30","source":null},{"label":"Top ten holdings","value":"58.7%","as_of":"2026-09-30","source":null},{"label":"Total return, 1 year","value":"+45.9%","as_of":"2026-09-30","source":null},{"label":"Net assets","value":"$134m","as_of":"2026-09-30","source":"issuer page, as of Sep 11, 2026"},{"label":"Expense ratio","value":"0.45%","as_of":"2026-09-30","source":"485BPOS XBRL, Oct 28, 2025"}]},"overlap_pct":65,"full_text_at":"https://etfiq.com/compare/themes/spam-vs-wcbr"}