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Launched

WisdomTree Asia Defense Fund

WDAFNasdaqWisdomTreeC

$25.24+0.39 (+1.56%)

At close: Nov 2, 2026, 4:00 PM ET

C44/ 100

Rank 13 of 26 in Defense & Aerospace

C44/100Rank 13 of 26inDefense & Aerospace
Intraday session: up, 79 prints from 24.85 to 25.24. Range 25.22 to 25.58. Use the arrow keys to read each point.25.0025.4025.6010 AM12 PM2 PM4 PM
Expense ratio
0.45%
Fund size
$9M
1Y total return
−20.5%
Yield · Last 12 months
No data
Holdings
71
Avg volume · 30D
7.68K sh
52W range
low $24.70high $38.62
Launched

The ETF.net WDAF Grade

Based on 5 of 6 pillars

C

Score 44 out of 100

Category
Defense & Aerospace⁠
Rank
13 of 26
Six-pillar profile for WDAF. Scores out of 100: Cost 66, Risk 14, Mission not scored, Tradability 30, Holdings 42, Durability 47. Strongest: Cost (66). Weakest: Risk (14). Based on 5 of 6 pillars.

Score 44 of 100 falls in the C band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25.

  • Cost

    The fund’s net expense ratio, ranked against its category.
    B66 out of 100
    Rank 8 of 26

  • Mission

    Whether the fund did what it promised, tested against its stated mandate.
    Not scored

  • Risk

    How the fund held up when markets fell: downside volatility, drawdowns and tail loss.
    F14 out of 100
    Rank 26 of 26

  • Tradability

    How easy the fund is to trade: daily volume, and how far its price strays from net asset value.
    D30 out of 100
    Rank 23 of 26

  • Holdings

    How concentrated the fund is, and how complete and current its disclosed holdings are.
    C42 out of 100
    Rank 18 of 26

  • Durability

    Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.
    C47 out of 100
    Rank 17 of 26

Our read on WDAF

ETF.net Research

In short

CMost defense ETFs are a story about the US primes. WDAF flips the map: a rules-based basket of Asia-Pacific defense names, weighted toward the companies that earn the biggest share of their revenue from defense.

Stated mandate

The Fund seeks to follow the pre-fee price and yield performance of the WisdomTree Asia Defense Index. It uses passive indexing with representative sampling and normally invests at least 80% of net assets in index constituents or economically similar investments.

Why people hold it

  • Pure-play Indo-Pacific defense: Japan, South Korea, India, Taiwan, Australia and neighbors. The best-known funds in its peer group lean US (XAR, ITA) or transatlantic (NATO).wisdomtree.com
  • 0.45% a year, below the median fee for defense-theme ETFs.
  • Weighting is not just size. Each name's market cap is scaled by how much revenue comes from defense, then capped at 7.5% for the purest plays and 4% for everyone else.wisdomtree.com
  • Clear rules: at least 10% defense revenue, $200M free float and $1M average daily volume to qualify, with the roster rebuilt each March and September.wisdomtree.comsec.gov

Worth knowing

  • Launched in 2025 and still small, so it trades thinly next to the long-established US defense funds and bid-ask spreads can be wider.
  • If fewer than 20 companies clear the screen, the index loosens the revenue bar in 1% steps down to a 5% floor, so some holdings can be light on actual defense work.wisdomtree.com
  • One sector, one region. WisdomTree notes that sector-focused funds are more exposed to any single economic or regulatory development, and the index holds as few as 20 names.wisdomtree.comsec.gov

WDAF Performance

Launched Sep 12, 2025

Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.

Not enough history yet.Not enough history yet.Not enough history yet.
WDAF$7,952
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$11,199
Oct 31, 2025 to Oct 30, 2026. WDAF $7,952. SPY $11,199. Use the arrow keys to read each point.$8,000$10,000$12,000Oct 2025May 2026Oct 2026

Oct 31, 2025 – Oct 30, 2026

Returns run to the Oct 30, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.

Trailing total return for WDAF. Periods over one year show the average yearly return.
PeriodWDAF
Year to date−12.8%
1 month−17.3%
3 months−12.8%
1 year−20.5%
3 yearsFund is under 3 years oldper yearNo data
5 yearsFund is under 5 years oldper yearNo data
10 yearsFund is under 10 years oldper yearNo data

With distributions reinvested.

Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.

Annual total returns for WDAF
YearReturn barWDAF
2026 YTD−12.8%
2025−7.6%

Since listing, Sep 12, 2025

WDAF in the news

Filtered to WDAF · Defense & Aerospace

WDAF Dividends

Last payment
$0.04 per share
Paid on
Shares bought on or after this date do not qualify for this distribution.
Frequency
Irregular

Distribution data unavailable.

Distribution history

2025–2026

One bar per payment. 1 payment from 2025 to 2026 YTD. Dec 26, 2025 $0.04. Use the arrow keys to read each point.20252026YTD
Ex-datePay dateAmount per share
Dec 26, 2025Dec 30, 2025$0.04

$10,000 in WDAF 1 year ago paid $12.14 in dividends.

WDAF Risk

Risk pillarF14 out of 100Rank 26 of 26 in Defense & Aerospace
How much the fund’s monthly returns vary, scaled to a year.
37.3%
Annualised · 13 months to Oct 2026
How it’s calculated: standard deviation

The sample standard deviation of monthly total returns, multiplied by the square root of 12.

Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.

Return above 3-month US Treasury bills per unit of volatility.
−0.49
vs 3-month T-bills · 13 months to Oct 2026
How it’s calculated: Sharpe ratio

Subtract each month’s Treasury-bill return from the fund’s monthly total return.

Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.

Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.

The largest fall from a peak to the low that followed.
−34.6%
13 months · trough Oct 2026
How it’s calculated: maximum drawdown

The largest percentage decline from an earlier peak, using total returns with reinvested distributions.

Uses up to five years through the last close, with at least 12 months required.

How strongly the fund’s returns move with its asset-class index.
1.24
vs its asset-class index
How it’s calculated: beta

The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.

FMP measures it over up to five years of monthly returns.

WDAF Cost

Compare WDAF and XAR

Overpaying vs XAR, tied cheapest in Defense & Aerospace

$1,915

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

  • WDAF 0.45%

    $9,041

  • XAR 0.35% Tied cheapest

    $7,126

$10,000
30 years

Cost over time

  • WDAF 0.45%
  • XAR 0.35%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$2K$4K$6K$8K$10K051015202530WDAF $9,041XAR $7,126

Year by year

YearWDAFXAROverpaying
10$812$634$178
20$3,128$2,454$674
30$9,041$7,126$1,915

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