WisdomTree Asia Defense Fund
$28.31+0.02 (+0.06%)
- 0.45%
- $10M
- −7.0%
- 0M sh
- $28.64
- low $26.67high $38.62
The ETF.net WDAF Grade
C
Score 47 out of 100
- 12 of 26
Score 47 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 100Rank 8 of 26Mission
Whether the fund did what it promised, tested against its stated mandate.Risk
How the fund held up when markets fell: downside volatility, drawdowns and tail loss.D29 out of 100Rank 21 of 26Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.D32 out of 100Rank 22 of 26Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.C40 out of 100Rank 17 of 26Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.C50 out of 100Rank 16 of 26
Our read on WDAF
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.
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 Holdings
- Stocks
- 72
- 60%
- HAL.BO
Geography
- Korea (the Republic of)41.24%
- India29.69%
- Japan14.67%
- Australia7.93%
- Singapore4.36%
- Taiwan (Province of China)2.11%
Developed 27% · Emerging 73%
WDAF Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
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WDAF$9,298
Returns run to the Oct 12, 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.
| Period | WDAF |
|---|---|
| Year to date | −0.8% |
| 1 month | −9.0% |
| 3 months | −7.5% |
| 1 year | −7.0% |
| 3 years | — |
| 5 years | — |
| 10 years | — |
Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.
| Year | Return bar | WDAF |
|---|---|---|
| 2026 YTD | −0.8% | |
| 2025 | −7.6% |
WDAF in the news
WDAF Dividends
- $0.04 per share
- Irregular
Distribution data unavailable.
Distribution history
WDAF Risk
- 34.8%
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.
- −0.06
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.
- −28.2%
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.
- 1.24
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
WDAF Cost
0.45%
WDAF0.45%
- The middle half of Defense & Aerospace funds
- Median 0.50%
6 of the 25 Defense & Aerospace funds charge less.
Other funds in Defense & Aerospace
- CMISLFirst Trust Indxx Aerospace & Defense ETFExpense ratio 0.60%1 year return −0.2%
- CEUADSelect STOXX Europe Aerospace & Defense ETFExpense ratio 0.50%1 year return −10.6%
- CWDEFWisdomTree Europe Defense FundExpense ratio 0.45%1 year return −14.8%
- CTSSDTruth Social American Security & Defense ETFExpense ratio 0.65%1 year return —
- CWARU.S. Global Technology and Aerospace & Defense ETFExpense ratio 0.60%1 year return +31.8%