Data as of .
WR vs XDEF: which is really different?
WR and XDEF hold 0% of their weight in the same names.
ETFIQ Off-Index Score: XDEF 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, WR and XDEF hold 0% of their money in the same securities at the same weight.
| Only in WR | Only in XDEF |
|---|---|
| ExxonMobil Holdings Corp 8.60% | AIRBUS SE 8.69% |
| Chevron Corp 6.37% | ROLLS-ROYCE HOLDINGS PLC 8.64% |
| Palantir Technologies Inc 5.66% | SAFRAN SA 8.26% |
| RTX Corp 5.04% | BAE SYSTEMS PLC 7.30% |
| Marathon Petroleum Corp 4.41% | RHEINMETALL AG 6.95% |
| Valero Energy Corp 4.29% | DSV A/S 4.70% |
| Phillips 66 4.04% | THALES SA 4.40% |
| ConocoPhillips 3.90% | MTU AERO ENGINES AG 4.29% |
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 May 31, 2026 and Sep 18, 2026.
Performance, window by window
| Window | Total return | vs the S&P 500 | vs the Nasdaq-100 | |||
|---|---|---|---|---|---|---|
| WR | XDEF | WR | XDEF | WR | XDEF | |
| 3 months | +11.1% | +1.8% | +8.8 pts | −0.5 pts | +13.6 pts | +4.3 pts |
| 6 months | not published | −0.4% | not published | −18.5 pts | not published | −24.7 pts |
| Since launch | +7.9% | −99.1% | +3.6 pts | −111.5 pts | +4.1 pts | −117.1 pts |
| WR Corgi U.S. War Machine ETF Holds 57 stocks in defense, 70% of its weight in S&P 500 companies | XDEF Xtrackers Europe Defense Technologies ETF Holds 30 stocks in defense, 0% of its weight in S&P 500 companies | |
|---|---|---|
| Issuer | Corgi | Xtrackers |
| Theme | Defense | Defense |
| In the S&P 500 | 70.0% | 0.0% |
| Active share vs the S&P 500 | 96.6% | 100.0% |
| In the Nasdaq-100 | 9.2% | 0.0% |
| Holdings | 57 | 30 |
| Top ten, share of the fund | 48.7% | 61.5% |
| Expense ratio | not published | 0.35% |
| Fee for the differing part | not published | 0.35% |
| Total return, 1 year | +7.9% (since launch on May 6, 2026) | −99.1% (since launch on Jan 2, 2026) |
| vs the S&P 500 | +3.6 pts | −111.5 pts |
| vs the Nasdaq-100 | +4.1 pts | −117.1 pts |
| Below its high | −3.9% | −99.2% |
| Net assets | $945,672 | $4m |
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.
XDEF in plain words
By weight, 0% of XDEF'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 30 positions, as filed for May 31, 2026. Since it launched on Jan 2, 2026 the fund returned −99.1% with distributions reinvested against +12.4% for the S&P 500, so a holder was behind by 111.5 pts. It sits 99.2% below its all-time high of Jan 16, 2026.
Questions people ask
- Do WR and XDEF 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, WR or XDEF?
- WR has 70% of its weight in S&P 500 names and XDEF has 0%, so XDEF 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.
Cite this page. ETFIQ, WR against XDEF, data as of Sep 18, 2026. https://etfiq.com/compare/themes/wr-vs-xdef Free to use with attribution; the underlying files are at Open data.