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Data as of .

WDAF vs WR: which is really different?

WDAF and WR hold 0% of their weight in the same names.

WisdomTree Asia Defense Fund and Corgi U.S. War Machine ETF.

0.0%WDAF in the S&P 500
70.0%WR in the S&P 500
−1.4%WDAF total return, 1 year
+7.9%WR total return, 1 year

ETFIQ Off-Index Score: WDAF scores higher

How much of it is not the index it is sold as an alternative to?

WDAF 91.8WR 37.90.1, the lowest in this set91.8, the highest

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

WDAF100% of its weight is outside the S&P 500 · 1 year to Sep 18, 2026
0%100%0% of its weight in S&P 500 companiesof its weight outside the S&P 500active share 100% · top ten 62% of the fund · 61 holdings filed Jun 30, 2026 · Nasdaq-100: 0% in0%100%0% of its weight in S&P 500 companiesof its weight outside the S&P 500active share 100% · top ten 62% of the fund
WR30% of its weight is outside the S&P 500 · 3 months to Sep 18, 2026
70%30%of its weight in S&P 500 companiesof its weight outside the S&P 500active share 97% · top ten 49% of the fund · 57 holdings filed Sep 18, 2026 · Nasdaq-100: 9% in70%30%in the S&P 500outsideactive share 97% · top ten 49% of the fund

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 WR hold 0% of their money in the same securities at the same weight.

Only in each
Only in WDAFOnly in WR
HINDUSTAN AERONAUTICS LTD 8.01%ExxonMobil Holdings Corp 8.60%
BHARAT ELECTRONICS LTD 7.82%Chevron Corp 6.37%
KOREA AEROSPACE INDUSTRIES LTD 7.70%Palantir Technologies Inc 5.66%
HANWHA AEROSPACE CO LTD 7.32%RTX Corp 5.04%
LIG DEFENSE & AEROSPACE CO LTD 7.01%Marathon Petroleum Corp 4.41%
HYUNDAI ROTEM COMPANY 6.84%Valero Energy Corp 4.29%
IHI CORP 4.58%Phillips 66 4.04%
KAWASAKI HEAVY INDUSTRIES LTD 4.22%ConocoPhillips 3.90%

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 and Sep 18, 2026.

Performance, window by window

WDAF and WR over each window. Every figure is an ETFIQ calculation with distributions reinvested. Source: ETFIQ.
WindowTotal returnvs the S&P 500vs the Nasdaq-100
WDAFWRWDAFWRWDAFWR
3 months−8.2%+11.1%−10.5 pts+8.8 pts−5.8 pts+13.6 pts
6 months−4.9%not published−22.9 ptsnot published−29.1 ptsnot published
1 year−1.4%not published−17.9 ptsnot published−23.1 ptsnot published
Since launch−0.1%+7.9%−17.5 pts+3.6 pts−23.7 pts+4.1 pts
Open the live comparison on ETFIQ
WDAF and WR on the same fields, as of Sep 18, 2026. Source: ETFIQ.
WDAF
WisdomTree Asia Defense Fund
Holds 61 stocks in defense, 0% of its weight in S&P 500 companies
WR
Corgi U.S. War Machine ETF
Holds 57 stocks in defense, 70% of its weight in S&P 500 companies
IssuerWisdomTreeCorgi
ThemeDefenseDefense
In the S&P 5000.0%70.0%
Active share vs the S&P 500100.0%96.6%
In the Nasdaq-1000.0%9.2%
Holdings6157
Top ten, share of the fund61.6%48.7%
Expense ratio0.45%not published
Fee for the differing part0.45%not published
Total return, 1 year−1.4%+7.9% (since launch on May 6, 2026)
vs the S&P 500−17.9 pts+3.6 pts
vs the Nasdaq-100−23.1 pts+4.1 pts
Below its high−18.8%−3.9%
Net assets$12m$945,672

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.

WR in plain words

By weight, 70% of WR's portfolio is stocks that are also in the S&P 500; its active share against the S&P 500 is 97%. The top ten holdings are 49% of the fund across 57 positions, as published by its issuer for Sep 18, 2026. Since it launched on May 6, 2026 the fund returned +7.9% with distributions reinvested against +4.3% for the S&P 500, so a holder was ahead by 3.6 pts.

Questions people ask

Do WDAF and WR 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 WR?
WDAF has 0% of its weight in S&P 500 names and WR has 70%, so WDAF differs more from the index.

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.

WDAF against WR, ETFIQ, data as of Sep 18, 2026. Every figure is calculated from a named public source; the method is at etfiq.com/methodology. A comparison is not a recommendation.

Cite this page. ETFIQ, WDAF against WR, data as of Sep 18, 2026. https://etfiq.com/compare/themes/wdaf-vs-wr Free to use with attribution; the underlying files are at Open data.

How every figure is computed · Standards and sources