Do WDEF and WDGF hold the same stocks?

By their latest filings, 28% 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, WDEF or WDGF?

WDEF has 0% of its weight in S&P 500 names and WDGF has 35%, so WDEF differs more from the index.

Which is cheaper, WDEF or WDGF?

WDEF and WDGF both charge 0.45% a year, so neither is cheaper. Fees come from each fund's prospectus.

Data as of Nov 4, 2026.

Thematic ETFs

WDEF vs WDGF: Holdings Overlap & Returns

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Over the year to Nov 4, 2026, WDEF returned −5.6% to WDGF's −2.9%; 28% of their weight is in the same names.

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Net assets on Jun 30, 2026: $88m for WisdomTree Europe Defense Fund and $5.3m for WisdomTree Global Defense Fund.

WDEF on its own →WDGF on its own →

At a glance

0.0%

WDEF in the S&P 500

34.9%

WDGF in the S&P 500

−5.6%

WDEF total return, 1 year

−2.9%

WDGF total return, 1 year

WDEF · 1 year to Nov 4, 2026 100% of its weight is outside the S&P 500

0% of WDEF's weight is in S&P 500 companies and 100% 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

Both cost 0.45% a year; their one-year returns differ by 2.7 points; WDEF is 16.6 times larger.

WDEF vs WDGF: Holdings Overlap & Returns
Measure	WDEF	WDGF
Return
Measure	WDEF	WDGF
Total return, 1 year	−5.6%	−2.9%
Drawdown
Measure	WDEF	WDGF
Below its all-time high	17.3%, high on Jan 27, 2026	16.9%, high on Mar 9, 2026
Benchmark
Measure	WDEF	WDGF
What it tracks	Defense	Defense
Cost and size
Measure	WDEF	WDGF
Expense ratio	0.45%	0.45%
Net assets, as of Jun 30, 2026	$88m	$5.3m
Holdings
Measure	WDEF	WDGF
Holdings in common	28%

Method

What they share

28%

By the books each fund has filed, WDEF and WDGF hold 28% of their money in the same securities at the same weight. Holdings dated Jun 30, 2026.

50%

0 half 100%

half

28% in common

Positions both hold · largest shared weight first WDEF WDGF

BAE SYSTEMS PLC 10.11% 5.04%

RHEINMETALL AG 8.62% 4.27%

THALES SA 10.04% 3.35%

ROLLS-ROYCE HOLDINGS PLC 5.51% 3.04%

LEONARDO SPA 4.74% 2.07%

SAAB AB 4.78% 1.97%

DASSAULT AVIATION SA 4.10% 1.71%

KONGSBERG GRUPPEN ASA 4.56% 1.28%

CSG NV 1.24% 0.97%

HENSOLDT AG 4.09% 0.67%

TKMS AG & CO. KGAA 2.93% 0.46%

BABCOCK INTERNATIONAL GROUP PLC 3.07% 0.46%

Only in one fund ↓

Only in WDEF

SAFRAN SA 5.57%

KONGSBERG MARITIME ASA 0.77%

OHB SE 0.77%

EUTELSAT COMMUNICATIONS SA 0.67%

GOODWIN PLC 0.50%

SES SA 0.43%

KITRON ASA 0.39%

AVON TECHNOLOGIES PLC 0.32%

Only in WDGF

RTX CORP 5.46%

GENERAL DYNAMICS CORP 5.18%

LOCKHEED MARTIN CORP 4.93%

NORTHROP GRUMMAN CORP 4.92%

PALANTIR TECHNOLOGIES INC 4.72%

L3HARRIS TECHNOLOGIES INC 3.33%

TRANSDIGM GROUP INC 2.75%

BOEING COMPANY (THE) 2.55%

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Window by window

Window by window: WDEF vs WDGF: Holdings Overlap & Returns
	Total return
Window	WDEF	WDGF
3 months	−10.7%	−9.9%
6 months	−9.1%	−9.6%
1 year	−5.6%	−2.9%
Since launchNot the same days: WDEF Jul 2025 · WDGF Sep 2025	−4.6%	−2.1%

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Side by side

WDEF WisdomTree Europe Defense Fund · Holds 42 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% 7.1%

Holdings 42 115

Top ten, share of the fund 63.3% 44.2%

Expense ratio 0.45% 0.45%

Fee for the differing part 0.45% 0.46%

Total return, 1 year −5.6% −2.9%

vs its benchmark not measured not measured

Below its high −17.3% −16.9%

Net assets, as of Jun 30, 2026 $88m $5.3m

As of Nov 4, 2026. Source: ETFIQ.

28% of the two portfolios are the same securities at the same weight.

Alert

About each fund

WDEF

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 63% of the fund across 42 positions, as filed for Jun 30, 2026. Over the year to Nov 4, 2026 the fund returned −5.6% with distributions reinvested. It sits 17.3% below its all-time high of Jan 27, 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 WDEF and WDGF hold the same stocks?: By their latest filings, 28% 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, WDEF or WDGF?: WDEF has 0% of its weight in S&P 500 names and WDGF has 35%, so WDEF differs more from the index.
Which is cheaper, WDEF or WDGF?: WDEF and WDGF both charge 0.45% a year, so neither is cheaper. Fees come from each fund's prospectus.

Other comparisons

WDEF vs AMMO WDEF vs DUTY WDEF vs AV WDEF vs MISL WDGF vs EUAD WDGF vs IDEF WDGF vs AV WDGF vs ITA

Where to next

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

Sources and dates

WDEF and WDGF filings on SEC EDGAR ↗

WDEF and WDGF prospectus with the expense ratio (SEC) ↗

WisdomTree page for WDEF ↗

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.

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

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