{
 "url": "https://etfiq.com/funds/wepn/holdings/",
 "section": "funds",
 "title": "WEPN Holdings: All 29 Positions (Jul 31, 2026) | ETFIQ",
 "description": "All 29 WEPN holdings with weights, as of Jul 31, 2026. The top 3 are PANW 9.96%, CRWD 8.97% and DBB 7.15%. Download the full list as a CSV.",
 "as_of": "Jul 31, 2026",
 "ticker": "WEPN",
 "fund": "Nicholas Defense and Rare Earth Income ETF",
 "fund_page": "https://etfiq.com/funds/wepn",
 "positions": 29,
 "positions_listed_on_page": 29,
 "lead": "WEPN held 29 positions as of Jul 31, 2026. Palo Alto Networks Inc is the largest at 9.96%; the top 10 are 57.4% of the fund.",
 "source": {
  "name": "Form N-PORT filed with the SEC",
  "url": "https://www.sec.gov/Archives/edgar/data/1924868/000200032426005278/primary_doc.xml",
  "document": "the fund’s SEC filing",
  "book_date": "2026-07-31",
  "file_date": null
 },
 "top_positions": [
  {
   "rank": 1,
   "holding": "Palo Alto Networks Inc",
   "ticker": "PANW",
   "weight_pct": 9.956,
   "page": "https://etfiq.com/holdings/panw/"
  },
  {
   "rank": 2,
   "holding": "Crowdstrike Holdings Inc",
   "ticker": "CRWD",
   "weight_pct": 8.967,
   "page": "https://etfiq.com/holdings/crwd/"
  },
  {
   "rank": 3,
   "holding": "Invesco DB Base Metals Fund",
   "ticker": "DBB",
   "weight_pct": 7.15,
   "page": null
  },
  {
   "rank": 4,
   "holding": "Space Exploration Technologies Corp",
   "ticker": "SPCX",
   "weight_pct": 6.323,
   "page": "https://etfiq.com/holdings/spcx/"
  },
  {
   "rank": 5,
   "holding": "VanEck Steel ETF",
   "ticker": "SLX",
   "weight_pct": 4.752,
   "page": null
  },
  {
   "rank": 6,
   "holding": "RTX Corp",
   "ticker": "RTX",
   "weight_pct": 4.585,
   "page": "https://etfiq.com/holdings/rtx/"
  },
  {
   "rank": 7,
   "holding": "Axon Enterprise Inc",
   "ticker": "AXON",
   "weight_pct": 4.167,
   "page": "https://etfiq.com/holdings/axon/"
  },
  {
   "rank": 8,
   "holding": "Lockheed Martin Corp",
   "ticker": "LMT",
   "weight_pct": 3.863,
   "page": "https://etfiq.com/holdings/lmt/"
  },
  {
   "rank": 9,
   "holding": "Palantir Technologies Inc",
   "ticker": "PLTR",
   "weight_pct": 3.844,
   "page": "https://etfiq.com/holdings/pltr/"
  },
  {
   "rank": 10,
   "holding": "abrdn Physical Platinum Shares ETF",
   "ticker": "PPLT",
   "weight_pct": 3.787,
   "page": null
  },
  {
   "rank": 11,
   "holding": "United States Copper Index Fund ETV",
   "ticker": "CPER",
   "weight_pct": 3.71,
   "page": null
  },
  {
   "rank": 12,
   "holding": "CACI International Inc",
   "ticker": "CACI",
   "weight_pct": 3.586,
   "page": "https://etfiq.com/holdings/caci/"
  },
  {
   "rank": 13,
   "holding": "BWX Technologies Inc",
   "ticker": "BWXT",
   "weight_pct": 3.513,
   "page": "https://etfiq.com/holdings/bwxt/"
  },
  {
   "rank": 14,
   "holding": "AeroVironment Inc",
   "ticker": "AVAV",
   "weight_pct": 3.376,
   "page": "https://etfiq.com/holdings/avav/"
  },
  {
   "rank": 15,
   "holding": "Ondas Inc",
   "ticker": "ONDS",
   "weight_pct": 3.266,
   "page": "https://etfiq.com/holdings/onds/"
  },
  {
   "rank": 16,
   "holding": "Huntington Ingalls Industries",
   "ticker": "HII",
   "weight_pct": 3.265,
   "page": "https://etfiq.com/holdings/hii/"
  },
  {
   "rank": 17,
   "holding": "Northrop Grumman Corp",
   "ticker": "NOC",
   "weight_pct": 3.204,
   "page": "https://etfiq.com/holdings/noc/"
  },
  {
   "rank": 18,
   "holding": "Global X Lithium & Battery Tech ETF",
   "ticker": "LIT",
   "weight_pct": 3.124,
   "page": null
  },
  {
   "rank": 19,
   "holding": "Global X Uranium ETF",
   "ticker": "URA",
   "weight_pct": 2.367,
   "page": null
  },
  {
   "rank": 20,
   "holding": "Kratos Defense & Security Solu",
   "ticker": "KTOS",
   "weight_pct": 2.354,
   "page": "https://etfiq.com/holdings/ktos/"
  },
  {
   "rank": 21,
   "holding": "Sociedad Quimica y Minera de Chile SA",
   "ticker": "SQM",
   "weight_pct": 2.012,
   "page": "https://etfiq.com/holdings/sqm/"
  },
  {
   "rank": 22,
   "holding": "USA Rare Earth Inc",
   "ticker": "USAR",
   "weight_pct": 1.629,
   "page": "https://etfiq.com/holdings/usar/"
  },
  {
   "rank": 23,
   "holding": "Alcoa Corp",
   "ticker": "AA",
   "weight_pct": 1.606,
   "page": "https://etfiq.com/holdings/aa/"
  },
  {
   "rank": 24,
   "holding": "Albemarle Corp",
   "ticker": "ALB",
   "weight_pct": 1.504,
   "page": "https://etfiq.com/holdings/alb/"
  },
  {
   "rank": 25,
   "holding": "MP Materials Corp",
   "ticker": "MP",
   "weight_pct": 1.48,
   "page": "https://etfiq.com/holdings/mp/"
  }
 ],
 "top_positions_shown": 25,
 "cash": [
  {
   "holding": "Cash and other net assets",
   "weight_pct": -1.365
  }
 ],
 "weights": "share of net assets, as the source states them",
 "csv": "https://etfiq.com/funds/wepn/holdings/wepn-holdings.csv",
 "json_book": "https://etfiq.com/data/books/wepn.json",
 "markdown": "https://etfiq.com/funds/wepn/holdings/index.md",
 "publisher": {
  "@id": "https://etfiq.com/#org",
  "name": "ETFIQ",
  "url": "https://etfiq.com"
 },
 "license": "https://etfiq.com/license/",
 "license_text": "Figures ETFIQ computes are free to use with attribution: ETFIQ (etfiq.com). Issuer data stays under its owner's terms.",
 "citation": "ETFIQ, Holdings of WEPN, data as of Jul 31, 2026. https://etfiq.com/funds/wepn/holdings/"
}