Do WR and XDEF hold the same stocks?

By their latest filings, 0% 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, WR or XDEF?

WR has 68% of its weight in S&P 500 names and XDEF has 0%, so XDEF differs more from the index.

Which is cheaper, WR or XDEF?

WR and XDEF both charge 0.35% a year, so neither is cheaper. Fees come from each fund's prospectus.

Data as of Nov 4, 2026.

Thematic ETFs

WR vs XDEF: Holdings Overlap & Returns

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

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Net assets: $932,169 on Nov 4, 2026 for Corgi U.S. War Machine ETF, and $4.3m on Nov 2, 2026 for Xtrackers Europe Defense Technologies ETF.

WR on its own →XDEF on its own →

At a glance

68.0%

WR in the S&P 500

0.0%

XDEF in the S&P 500

+6.4%

WR total return, 6 months

−12.4%

XDEF total return, since launch, Feb 19, 2026

WR · 6 months to Nov 4, 2026 32% of its weight is outside the S&P 500

68% of WR's weight is in S&P 500 companies and 32% is outside the index. Holdings as of Nov 4, 2026.

XDEF · 6 months to Nov 4, 2026 100% of its weight is outside the S&P 500

0% of XDEF's weight is in S&P 500 companies and 100% is outside the index. Holdings as of Aug 31, 2026.

Pair scorecard

Both cost 0.35% a year.

WR vs XDEF: Holdings Overlap & Returns
Measure	WR	XDEF
Drawdown
Measure	WR	XDEF
Below its all-time high	7.2%, high on Oct 30, 2026	13.0%, high on Feb 20, 2026
Benchmark
Measure	WR	XDEF
What it tracks	Defense	Defense
Cost and size
Measure	WR	XDEF
Expense ratio	0.35%	0.35%
Net assets, as of Nov 2, 2026	$978,348	$4.3m
Holdings
Measure	WR	XDEF
Holdings in common	0%

Method

What they share

By the books each fund has filed, WR and XDEF hold 0% of their money in the same securities at the same weight. Holdings dated Aug 31, 2026 and Nov 4, 2026.

50%

0 half 100%

half

0% in common

Positions both hold · largest shared weight first WR XDEF

Only in one fund ↓

Only in WR

ExxonMobil Holdings Corp 9.02%

Chevron Corp 6.68%

Palantir Technologies Inc 5.54%

RTX Corp 5.22%

Marathon Petroleum Corp 4.13%

ConocoPhillips 4.11%

Lockheed Martin Corp 4.02%

Phillips 66 3.90%

Only in XDEF

ROLLS-ROYCE HOLDINGS PLC 9.20%

SAFRAN SA 8.53%

AIRBUS SE 8.40%

BAE SYSTEMS PLC 7.93%

RHEINMETALL AG 6.81%

SAAB AB 4.90%

MTU AERO ENGINES AG 4.83%

MELROSE INDUSTRIES PLC 4.66%

Check overlap with more funds →

Window by window

Window by window: WR vs XDEF: Holdings Overlap & Returns
	Total return
Window	WR	XDEF
3 months	+2.8%	−9.7%
6 months	+6.4%	−5.7%
Since launchNot the same days: WR May 2026 · XDEF Feb 2026	+6.4%	−12.4%

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Side by side

WR Corgi U.S. War Machine ETF · Holds 56 stocks in defense, 68% of its weight in S&P 500 companies XDEF Xtrackers Europe Defense Technologies ETF · Holds 35 stocks in defense, 0% of its weight in S&P 500 companies

Issuer Corgi Xtrackers

Theme Defense Defense

In the S&P 500 68.0% 0.0%

Active share vs the S&P 500 96.6% 100.0%

In the Nasdaq-100 9.9% 0.0%

Holdings 56 35

Top ten, share of the fund 49.5% 64.0%

Expense ratio 0.35% 0.35%

Fee for the differing part 0.36% 0.35%

Total return, 1 year +6.4% (since launch, May 6, 2026) −12.4% (since launch, Feb 19, 2026)

vs its benchmark not measured not measured

Below its high −7.2% −13.0%

Net assets, WR as of Nov 4, 2026 and XDEF as of Nov 2, 2026 $932,169 $4.3m

As of Nov 4, 2026. Source: ETFIQ.

0% of the two portfolios are the same securities at the same weight.

Alert

About each fund

By weight, 68% 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 50% of the fund across 56 positions, as published by its issuer for Nov 4, 2026. Since it first traded on May 6, 2026 the fund returned +6.4% with distributions reinvested. It sits 7.2% below its all-time high of Oct 30, 2026.

XDEF

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 64% of the fund across 35 positions, as filed for Aug 31, 2026. Since it first traded on Feb 19, 2026 the fund returned −12.4% with distributions reinvested. It sits 13.0% below its all-time high of Feb 20, 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. 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 68% of its weight in S&P 500 names and XDEF has 0%, so XDEF differs more from the index.
Which is cheaper, WR or XDEF?: WR and XDEF both charge 0.35% a year, so neither is cheaper. Fees come from each fund's prospectus.

Other comparisons

WR vs TSSD WR vs AMMO WR vs DUTY WR vs ARMY XDEF vs EUAD XDEF vs IDEF XDEF vs SHLD XDEF vs PPA

Where to next

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

Sources and dates

WR filings on SEC EDGAR ↗

WR prospectus with the expense ratio (SEC) ↗

Corgi website ↗

XDEF filings on SEC EDGAR ↗

XDEF prospectus with the expense ratio (SEC) ↗

Xtrackers website ↗

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, WR against XDEF, data as of Nov 4, 2026. https://etfiq.com/compare/themes/wr-vs-xdef

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