Data as of .
WAR vs WDGF: which is really different?
WAR and WDGF hold 7% of their weight in the same names.
ETFIQ Off-Index Score: WDGF 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
7% of the two portfolios are the same securities at the same weight.
What they hold in common
By the books each fund has filed, WAR and WDGF hold 7% of their money in the same securities at the same weight.
| Holding | WAR | WDGF |
|---|---|---|
| Palantir Technologies Inc | 3.19% | 4.73% |
| Rolls-Royce Holdings PLC | 4.09% | 3.04% |
| Karman Holdings Inc | 3.71% | 0.50% |
| Theon International PLC | 3.52% | 0.19% |
| DroneShield Ltd | 5.04% | 0.14% |
| Electro Optic Systems Holdings | 4.11% | 0.10% |
| Mildef Group AB | 7.21% | 0.07% |
| Only in WAR | Only in WDGF |
|---|---|
| Astera Labs Inc 9.50% | RTX CORP 5.46% |
| Axon Enterprise Inc 8.76% | GENERAL DYNAMICS CORP 5.19% |
| Micron Technology Inc 8.59% | BAE SYSTEMS PLC 5.04% |
| Intuitive Machines Inc 4.98% | LOCKHEED MARTIN CORP 4.94% |
| Teradyne Inc 4.96% | NORTHROP GRUMMAN CORP 4.92% |
| Lattice Semiconductor Corp 4.08% | RHEINMETALL AG 4.27% |
| BE Semiconductor Industries NV 3.84% | THALES SA 3.35% |
| NVIDIA Corp 3.67% | L3HARRIS TECHNOLOGIES INC 3.33% |
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 Jun 30, 2026.
Performance, window by window
| Window | Total return | vs the S&P 500 | vs the Nasdaq-100 | |||
|---|---|---|---|---|---|---|
| WAR | WDGF | WAR | WDGF | WAR | WDGF | |
| 3 months | −7.9% | −2.8% | −10.2 pts | −5.1 pts | −5.4 pts | −0.3 pts |
| 6 months | not published | −8.3% | not published | −26.3 pts | not published | −32.5 pts |
| 1 year | not published | −0.4% | not published | −17.0 pts | not published | −22.2 pts |
| Since launch | −9.7% | +0.5% | −11.7 pts | −17.0 pts | −8.6 pts | −23.1 pts |
| WAR U.S. Global Technology and Aerospace & Defense ETF Holds 28 stocks in defense, 38% of its weight in S&P 500 companies | WDGF WisdomTree Global Defense Fund Holds 115 stocks in defense, 35% of its weight in S&P 500 companies | |
|---|---|---|
| Issuer | U.S. Global | WisdomTree |
| Theme | Defense | Defense |
| In the S&P 500 | 38.3% | 34.9% |
| Active share vs the S&P 500 | 92.4% | 98.3% |
| In the Nasdaq-100 | 31.5% | 4.7% |
| Holdings | 28 | 115 |
| Top ten, share of the fund | 61.3% | 44.3% |
| Expense ratio | 0.60% | 0.45% |
| Fee for the differing part | 0.65% | 0.46% |
| Total return, 1 year | −9.7% (since launch on May 26, 2026) | −0.4% |
| vs the S&P 500 | −11.7 pts | −17.0 pts |
| vs the Nasdaq-100 | −8.6 pts | −22.2 pts |
| Below its high | −13.8% | −14.8% |
| Net assets | $41m | $5m |
WAR in plain words
By weight, 38% of WAR's portfolio is stocks that are also in the S&P 500; its active share against the S&P 500 is 92%. The top ten holdings are 61% of the fund across 28 positions, as filed for Jun 30, 2026. Since it launched on May 26, 2026 the fund returned −9.7% with distributions reinvested against +2.0% for the S&P 500, so a holder was behind by 11.7 pts. It sits 13.8% below its all-time high of Jun 2, 2026.
WDGF in plain words
By weight, 35% of WDGF's portfolio is stocks that are also in the S&P 500; its active share against the S&P 500 is 98%. The top ten holdings are 44% of the fund across 115 positions, as filed for Jun 30, 2026. Over the year to Sep 18, 2026 the fund returned −0.4% with distributions reinvested against +16.6% for the S&P 500, so a holder was behind by 17.0 pts. It sits 14.8% below its all-time high of Mar 9, 2026.
Questions people ask
- Do WAR and WDGF hold the same stocks?
- By their latest filings, 7% of their books are the same securities at the same weight, which is mostly different names. Overlap is the sum of the smaller weight of every security they share.
- Which is more different from the S&P 500, WAR or WDGF?
- WAR has 38% of its weight in S&P 500 names and WDGF has 35%, so WDGF differs more from the index.
- Which is cheaper, WAR or WDGF?
- WAR charges 0.60% a year and WDGF charges 0.45%, so WDGF 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, WAR against WDGF, data as of Sep 18, 2026. https://etfiq.com/compare/themes/war-vs-wdgf Free to use with attribution; the underlying files are at Open data.