Data as of .
WDAF vs WDEF: which is really different?
WDAF and WDEF hold 0% of their weight in the same names, and WDAF returned more over the year.
ETFIQ Off-Index Score: WDAF 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
0% of the two portfolios are the same securities at the same weight.
What they hold in common
By the books each fund has filed, WDAF and WDEF hold 0% of their money in the same securities at the same weight.
| Only in WDAF | Only in WDEF |
|---|---|
| HINDUSTAN AERONAUTICS LTD 8.01% | BAE SYSTEMS PLC 10.21% |
| BHARAT ELECTRONICS LTD 7.82% | THALES SA 10.14% |
| KOREA AEROSPACE INDUSTRIES LTD 7.70% | RHEINMETALL AG 8.70% |
| HANWHA AEROSPACE CO LTD 7.32% | SAFRAN SA 5.62% |
| LIG DEFENSE & AEROSPACE CO LTD 7.01% | ROLLS-ROYCE HOLDINGS PLC 5.57% |
| HYUNDAI ROTEM COMPANY 6.84% | AIRBUS SE 5.34% |
| IHI CORP 4.58% | SAAB AB 4.83% |
| KAWASAKI HEAVY INDUSTRIES LTD 4.22% | LEONARDO SPA 4.79% |
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 | |||
|---|---|---|---|---|---|---|
| WDAF | WDEF | WDAF | WDEF | WDAF | WDEF | |
| 3 months | −8.2% | +2.9% | −10.5 pts | +0.7 pts | −5.8 pts | +5.4 pts |
| 6 months | −4.9% | −6.0% | −22.9 pts | −24.1 pts | −29.1 pts | −30.3 pts |
| 1 year | −1.4% | −7.6% | −17.9 pts | −24.1 pts | −23.1 pts | −29.4 pts |
| Since launch | −0.1% | −2.7% | −17.5 pts | −25.7 pts | −23.7 pts | −31.8 pts |
| WDAF WisdomTree Asia Defense Fund Holds 61 stocks in defense, 0% of its weight in S&P 500 companies | WDEF WisdomTree Europe Defense Fund Holds 42 stocks in defense, 0% of its weight in S&P 500 companies | |
|---|---|---|
| Issuer | WisdomTree | WisdomTree |
| Theme | Defense | Defense |
| In the S&P 500 | 0.0% | 0.0% |
| Active share vs the S&P 500 | 100.0% | 100.0% |
| In the Nasdaq-100 | 0.0% | 0.0% |
| Holdings | 61 | 42 |
| Top ten, share of the fund | 61.6% | 63.9% |
| Expense ratio | 0.45% | 0.45% |
| Fee for the differing part | 0.45% | 0.45% |
| Total return, 1 year | −1.4% | −7.6% |
| vs the S&P 500 | −17.9 pts | −24.1 pts |
| vs the Nasdaq-100 | −23.1 pts | −29.4 pts |
| Below its high | −18.8% | −15.7% |
| Net assets | $12m | $83m |
WDAF in plain words
By weight, 0% of WDAF'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 62% of the fund across 61 positions, as filed for Jun 30, 2026. Over the year to Sep 18, 2026 the fund returned −1.4% with distributions reinvested against +16.6% for the S&P 500, so a holder was behind by 17.9 pts. It sits 18.8% below its all-time high of May 5, 2026.
WDEF in plain words
By weight, 0% of WDEF'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 64% of the fund across 42 positions, as filed for Jun 30, 2026. Over the year to Sep 18, 2026 the fund returned −7.6% with distributions reinvested against +16.6% for the S&P 500, so a holder was behind by 24.1 pts. It sits 15.7% below its all-time high of Jan 27, 2026.
Questions people ask
- Do WDAF and WDEF hold the same stocks?
- By their latest filings, 0% 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, WDAF or WDEF?
- WDAF has 0% of its weight in S&P 500 names and WDEF has 0%, so WDAF differs more from the index.
- Which is cheaper, WDAF or WDEF?
- WDAF charges 0.45% a year and WDEF charges 0.45%, so WDAF 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, WDAF against WDEF, data as of Sep 18, 2026. https://etfiq.com/compare/themes/wdaf-vs-wdef Free to use with attribution; the underlying files are at Open data.