ARMY vs WDEF
Tema ETF Trust Tema International Defense ETF against WisdomTree Europe Defense Fund: cost, size, returns, what they hold and how much of it is the same.
Overlap by weight
57%
21 shared positions
Fee gap
23 bp
WDEF is cheaper
1-year return gap
—
Larger fund
WDEF
$88M
Side by side
| ARMY | WDEF | |
|---|---|---|
| Fund | Tema ETF Trust Tema International Defense ETF | WisdomTree Europe Defense Fund |
| Issuer | Tema | WisdomTree |
| Category | Aerospace & Defense | Aerospace & Defense |
| Expense ratio | 0.68% | 0.45% |
| Assets | $4.8M | $88M |
| Average daily dollar volume | $144K | $756K |
| Listed | Sep 24, 2025 | Jul 15, 2025 |
| FrenzyCap score | 21 | 47 |
| 1-month return | −3.2% | −6.4% |
| 3-month return | −3.4% | −1.5% |
| Year to date | — | −7.2% |
| 1-year return | — | −19.2% |
| 30-day volatility | 17.0% | 17.0% |
| Worst drawdown, 1 year | −19.1% | −23.9% |
| Trailing 12-month yield | — | 0.08% |
| Holdings | 34 | 44 |
| Top 10 weight | 47.1% | 63.3% |
| Look-through P/E | — | — |
| Holdings vs fair value | — | — |
| Holdings above 200-day average | — | — |
| Net flow, latest 3 reported months | +$3.6M thru May 2026 | +$14M thru Jun 2026 |
| 30-day implied volatility | — | — |
| Holdings as of | as of May 31, 2026SEC filing | as of Jun 30, 2026SEC filing |
Returns are price returns and exclude distributions. Flows are each fund's own latest reported months and may not cover the same period.
Largest shared holdings
69% of ARMY · 84% of WDEF| Holding | ARMY | WDEF |
|---|---|---|
| Kongsberg Gruppen ASA | 5.14% | 4.56% |
| BAE Systems PLC | 4.27% | 10.11% |
| Hensoldt AG | 4.37% | 4.09% |
| Saab AB | 4.04% | 4.78% |
| Dassault Aviation SA | 3.98% | 4.10% |
| Leonardo SpA | 3.94% | 4.74% |
| Thales SA | 3.65% | 10.04% |
| Rolls-Royce Holdings PLC | 3.44% | 5.51% |
| Airbus SE | 3.27% | 5.29% |
| Babcock International Group PL | 3.21% | 3.07% |
| Indra Sistemas SA | 4.07% | 2.96% |
| Rheinmetall AG | 2.90% | 8.62% |
| Safran SA | 2.65% | 5.57% |
| RENK Group AG | 3.63% | 2.49% |
| Tkms AG& Co KGaA | 2.46% | 2.93% |
| QinetiQ Group PLC | 3.94% | 1.39% |
| CSG NV | 2.19% | 1.24% |
| Chemring Group PLC | 4.02% | 0.87% |
| Kongsberg Maritime AS | 0.90% | 0.77% |
| Avon Technologies PLC | 1.26% | 0.32% |
| Avio SpA | 1.25% | 0.29% |
Sector mix of the stock holdings
| Sector | ARMY | WDEF | Gap |
|---|---|---|---|
| Industrials | 18.3% | 0.0% | +18.3% |
| Technology | 2.2% | 0.0% | +2.2% |
More: full overlap table · ARMY holdings · WDEF holdings
Fund data comes from each fund's SEC filings and issuer disclosures and is shown with the date it is as of. SEC portfolio and flow filings become public about 60 days after the period they cover. Nothing here is investment advice; see Terms.