Data as of .
WDAF vs WDGF: which is really different?
WDAF and WDGF hold 14% of their weight in the same names, and WDGF 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
14% 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 WDGF hold 14% of their money in the same securities at the same weight.
| Holding | WDAF | WDGF |
|---|---|---|
| HANWHA AEROSPACE CO LTD | 7.32% | 2.51% |
| HINDUSTAN AERONAUTICS LTD | 8.01% | 2.09% |
| BHARAT ELECTRONICS LTD | 7.82% | 2.06% |
| SINGAPORE TECHNOLOGIES ENGINEERING LTD | 3.96% | 1.10% |
| HYUNDAI ROTEM COMPANY | 6.84% | 0.87% |
| LIG DEFENSE & AEROSPACE CO LTD | 7.01% | 0.73% |
| MAZAGON DOCK SHIPBUILDERS LTD | 1.83% | 0.72% |
| KOREA AEROSPACE INDUSTRIES LTD | 7.70% | 0.70% |
| HANWHA SYSTEMS CO LTD | 3.66% | 0.68% |
| BHARAT DYNAMICS LTD | 1.26% | 0.40% |
| GARDEN REACH SHIPBUILDERS & ENGINEERS LT | 0.78% | 0.23% |
| DATA PATTERNS (INDIA) LTD | 1.11% | 0.18% |
| Only in WDAF | Only in WDGF |
|---|---|
| IHI CORP 4.58% | RTX CORP 5.46% |
| KAWASAKI HEAVY INDUSTRIES LTD 4.22% | GENERAL DYNAMICS CORP 5.19% |
| MITSUBISHI HEAVY INDUSTRIES LTD 4.17% | BAE SYSTEMS PLC 5.04% |
| HD HYUNDAI HEAVY INDUSTRIES CO LTD 3.64% | LOCKHEED MARTIN CORP 4.94% |
| HANWHA OCEAN CO LTD 2.98% | NORTHROP GRUMMAN CORP 4.92% |
| BHARAT FORGE LTD 1.75% | PALANTIR TECHNOLOGIES INC 4.73% |
| CODAN LTD 1.59% | RHEINMETALL AG 4.27% |
| SOLAR INDUSTRIES INDIA LTD 1.52% | THALES SA 3.35% |
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 | WDGF | WDAF | WDGF | WDAF | WDGF | |
| 3 months | −8.2% | −2.8% | −10.5 pts | −5.1 pts | −5.8 pts | −0.3 pts |
| 6 months | −4.9% | −8.3% | −22.9 pts | −26.3 pts | −29.1 pts | −32.5 pts |
| 1 year | −1.4% | −0.4% | −17.9 pts | −17.0 pts | −23.1 pts | −22.2 pts |
| Since launch | −0.1% | +0.5% | −17.5 pts | −17.0 pts | −23.7 pts | −23.1 pts |
| WDAF WisdomTree Asia Defense Fund Holds 61 stocks in defense, 0% 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 | WisdomTree | WisdomTree |
| Theme | Defense | Defense |
| In the S&P 500 | 0.0% | 34.9% |
| Active share vs the S&P 500 | 100.0% | 98.3% |
| In the Nasdaq-100 | 0.0% | 4.7% |
| Holdings | 61 | 115 |
| Top ten, share of the fund | 61.6% | 44.3% |
| Expense ratio | 0.45% | 0.45% |
| Fee for the differing part | 0.45% | 0.46% |
| Total return, 1 year | −1.4% | −0.4% |
| vs the S&P 500 | −17.9 pts | −17.0 pts |
| vs the Nasdaq-100 | −23.1 pts | −22.2 pts |
| Below its high | −18.8% | −14.8% |
| Net assets | $12m | $5m |
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.
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 WDAF and WDGF hold the same stocks?
- By their latest filings, 14% 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 WDGF?
- WDAF has 0% of its weight in S&P 500 names and WDGF has 35%, so WDAF differs more from the index.
- Which is cheaper, WDAF or WDGF?
- WDAF charges 0.45% a year and WDGF 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 WDGF, data as of Sep 18, 2026. https://etfiq.com/compare/themes/wdaf-vs-wdgf Free to use with attribution; the underlying files are at Open data.