Do WAR and WDGF hold the same stocks?

By their latest filings, 7% of their books are the same securities at the same weight. 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.

Data as of Nov 4, 2026.

Thematic ETFs

WAR vs WDGF: Holdings Overlap & Returns

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WAR and WDGF hold 7% of their weight in the same names.

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Net assets on Jun 30, 2026: $41m for U.S. Global Technology and Aerospace & Defense ETF and $5.3m for WisdomTree Global Defense Fund.

WAR on its own →WDGF on its own →

At a glance

WAR · 3 months to Nov 4, 2026 62% of its weight is outside the S&P 500

38% of WAR's weight is in S&P 500 companies and 62% is outside the index. Holdings as of Jun 30, 2026.

WDGF · 1 year to Nov 4, 2026 65% of its weight is outside the S&P 500

35% of WDGF's weight is in S&P 500 companies and 65% is outside the index. Holdings as of Jun 30, 2026.

Pair scorecard

WDGF costs 0.15 points a year less; WAR is 7.7 times larger.

WAR vs WDGF: Holdings Overlap & Returns
Measure	WAR	WDGF
Return
Measure	WAR	WDGF
Total return, 1 year	not published	−2.9%
Drawdown
Measure	WAR	WDGF
Below its all-time high	27.7%, high on Jun 2, 2026	16.9%, high on Mar 9, 2026
Benchmark
Measure	WAR	WDGF
What it tracks	Defense	Defense
Cost and size
Measure	WAR	WDGF
Expense ratio	0.60%	0.45%
Net assets, as of Jun 30, 2026	$41m	$5.3m
Active share vs the S&P 500	92%	98%
Holdings
Measure	WAR	WDGF
Holdings in common	7%

Method

What they share

By the books each fund has filed, WAR and WDGF hold 7% of their money in the same securities at the same weight. Holdings dated Jun 30, 2026.

50%

0 half 100%

half

7% in common

Positions both hold · largest shared weight first WAR WDGF

Palantir Technologies Inc 3.18% 4.72%

Rolls-Royce Holdings PLC 4.06% 3.04%

Karman Holdings Inc 3.69% 0.50%

Theon International PLC 3.50% 0.19%

DroneShield Ltd 5.01% 0.13%

Electro Optic Systems Holdings 4.09% 0.10%

Mildef Group AB 7.17% 0.07%

Only in one fund ↓

Only in WAR

Astera Labs Inc 9.45%

Axon Enterprise Inc 8.71%

Micron Technology Inc 8.54%

Intuitive Machines Inc 4.95%

Teradyne Inc 4.93%

Lattice Semiconductor Corp 4.05%

BE Semiconductor Industries NV 3.82%

NVIDIA Corp 3.64%

Only in WDGF

RTX CORP 5.46%

GENERAL DYNAMICS CORP 5.18%

BAE SYSTEMS PLC 5.04%

LOCKHEED MARTIN CORP 4.93%

NORTHROP GRUMMAN CORP 4.92%

RHEINMETALL AG 4.27%

THALES SA 3.35%

L3HARRIS TECHNOLOGIES INC 3.33%

Check overlap with more funds →

Window by window

Window by window: WAR vs WDGF: Holdings Overlap & Returns
	Total return
Window	WAR	WDGF
3 months	−18.5%	−9.9%
6 months	–	−9.6%
1 year	–	−2.9%
Since launch	–	−2.1%

– means no data for this window. Open this comparison in the app →

Side by side

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 38.1% 34.9%

Active share vs the S&P 500 92.5% 98.3%

In the Nasdaq-100 48.1% 7.1%

Holdings 28 115

Top ten, share of the fund 61.0% 44.2%

Expense ratio 0.60% 0.45%

Fee for the differing part 0.65% 0.46%

Total return, 1 year not available −2.9%

vs its benchmark not available not measured

Below its high −27.7% −16.9%

Net assets, as of Jun 30, 2026 $41m $5.3m

As of Nov 4, 2026. Source: ETFIQ.

7% of the two portfolios are the same securities at the same weight.

Alert

About each fund

WAR

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. It sits 27.7% below its all-time high of Jun 2, 2026.

WDGF

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 Nov 4, 2026 the fund returned −2.9% with distributions reinvested. It sits 16.9% 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. 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

WAR vs XDEF WAR vs AMMO WAR vs ARMY WAR vs DUTY WDGF vs GCAD WDGF vs FOWF WDGF vs ARMY WDGF vs AMMO

Where to next

All thematic ETFs ranked by the S&P 500 Difference Score →How the scores are computed →WAR on its own →WDGF on its own →WAR holdings →WDGF dividend history →WDGF holdings →Method →Standards and sources →

Sources and dates

WAR filings on SEC EDGAR ↗

WAR prospectus with the expense ratio (SEC) ↗

U.S. Global website ↗

WDGF filings on SEC EDGAR ↗

WDGF prospectus with the expense ratio (SEC) ↗

WisdomTree page for WDGF ↗

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, WAR against WDGF, data as of Nov 4, 2026. https://etfiq.com/compare/themes/war-vs-wdgf

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Free to use with attribution for data ETFIQ computes; issuer data stays under its owner's terms.