{"url":"https://etfiq.com/compare/themes/war-vs-wr","section":"compare","title":"WAR vs WR: Holdings Overlap & Returns | ETFIQ","description":"38.1% of WAR and 68.0% of WR is already in the S&P 500 by weight, as filed, and 4% of the two books are the same names at the same weight.","as_of":"Nov 5, 2026","structured_data":[{"@type":"FAQPage","mainEntity":[{"@type":"Question","name":"Do WAR and WR hold the same stocks?","acceptedAnswer":{"@type":"Answer","text":"By their latest filings, 4% of their books are the same securities at the same weight. 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, WAR or WR?","acceptedAnswer":{"@type":"Answer","text":"WAR has 38% of its weight in S&P 500 names and WR has 68%, so WR differs more from the index."}},{"@type":"Question","name":"Which is cheaper, WAR or WR?","acceptedAnswer":{"@type":"Answer","text":"WAR charges 0.60% a year and WR charges 0.35%, so WR 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":"Compare ETFs","item":"https://etfiq.com/compare/"},{"@type":"ListItem","position":4,"name":"WAR vs WR","item":"https://etfiq.com/compare/themes/war-vs-wr"}]},{"@type":"WebPage","name":"WAR vs WR: Holdings Overlap & Returns","description":"38.1% of WAR and 68.0% of WR is already in the S&P 500 by weight, as filed, and 4% of the two books are the same names at the same weight.","url":"https://etfiq.com/compare/themes/war-vs-wr","dateModified":"2026-11-05","abstract":"WAR and WR hold 4% of their weight in the same names.","publisher":{"@id":"https://etfiq.com/#org"},"isPartOf":{"@id":"https://etfiq.com/#website"},"speakable":{"@type":"SpeakableSpecification","cssSelector":[".verdict",".faq"]}},{"@type":"Dataset","name":"ETFIQ comparison of WAR and WR","description":"38.1% of WAR and 68.0% of WR is already in the S&P 500 by weight, as filed, and 4% of the two books are the same names at the same weight.","dateModified":"2026-11-05","creator":{"@id":"https://etfiq.com/#org"},"isAccessibleForFree":true,"url":"https://etfiq.com/compare/themes/war-vs-wr","license":"https://etfiq.com/license/","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":6043,"truncated":true,"content":"ETFIQ / Thematic ETFs / Compare ETFs / WAR vs WR \n ETFIQ etfiq.com \u00b7 independent ETF data \n\n Data as of Nov 5, 2026 .\n\n WAR vs WR: Holdings Overlap & Returns\n\n WAR and WR hold 4% of their weight in the same names.\n Copy this for sharing \n \n WR costs 0.25 points a year less.\n WAR and WR at a glance. As of Nov 5, 2026. Source: ETFIQ. WAR WR \n Expense ratio 0.60% 0.35% \n Net assets, WAR as of Jun 30, 2026 and WR as of Nov 5, 2026 $41m $897,292 \n What it tracks Defense Defense \n Holdings in common 4% \n Holdings in common uses holdings dated Jun 30, 2026 and Nov 5, 2026.\n\n Net assets: $41m on Jun 3","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/","license_text":"Data ETFIQ computes is free to use with attribution: ETFIQ (etfiq.com). Issuer data stays under its owner's terms.","citation":"ETFIQ, WAR against WR, data as of Nov 5, 2026. https://etfiq.com/compare/themes/war-vs-wr","a":{"ticker":"WAR","name":"U.S. Global Technology and Aerospace & Defense ETF","issuer":"U.S. Global","desk":"themes","as_of":"2026-11-05","verdict":"Between Jun 30, 2026 and Oct 12, 2026, WAR lost 13.5%, against \u221214.5% for its own holdings.","url":"https://etfiq.com/funds/war","key_facts":[{"label":"Already in the S&P 500","value":"38.1%","as_of":"2026-06-30","source":"its SEC filing (Form N-PORT)"},{"label":"Active share vs the S&P 500","value":"92.5%","as_of":"2026-06-30","source":"ETFIQ"},{"label":"Top ten holdings","value":"61.0%","as_of":"2026-06-30","source":"its SEC filing (Form N-PORT)"},{"label":"Net assets","value":"$41m","as_of":"2026-06-30","source":"SEC filing, whole fund, as filed for Jun 30, 2026"},{"label":"Expense ratio","value":"0.60%","as_of":"2026-04-24","source":"485BPOS XBRL, Apr 24, 2026"},{"label":"Benchmark","value":"Its own holdings, as of Jun 30, 2026; its prospectus names no index it tracks","as_of":"2026-11-05","source":"ETFIQ, from its filings"}]},"b":{"ticker":"WR","name":"Corgi U.S. War Machine ETF","issuer":"Corgi","desk":"themes","as_of":"2026-11-05","verdict":"From its May 6, 2026 launch to Nov 5, 2026, WR returned 2.4%.","url":"https://etfiq.com/funds/wr","key_facts":[{"label":"Already in the S&P 500","value":"68.0%","as_of":"2026-11-05","source":"the issuer\u2019s daily holdings file"},{"label":"Active share vs the S&P 500","value":"96.6%","as_of":"2026-11-05","source":"ETFIQ"},{"label":"Top ten holdings","value":"49.6%","as_of":"2026-11-05","source":"the issuer\u2019s daily holdings file"},{"label":"Total return, since launch","value":"+2.4%","as_of":"2026-11-05","source":"computed by ETFIQ from Tiingo daily prices"},{"label":"Net assets","value":"$897,292","as_of":"2026-11-05","source":"the issuer\u2019s own daily fund list, as of Nov 5, 2026"},{"label":"Expense ratio","value":"0.35%","as_of":"2026-04-30","source":"485BPOS XBRL, Apr 30, 2026"}]},"overlap_pct":4,"full_text_at":"https://etfiq.com/compare/themes/war-vs-wr"}