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FLDZ vs WDGF

TrueShares Patriot Defense ETF

FLDZBCboe

WisdomTree Global Defense Fund

WDGFBNasdaq

Overlap

27.5%by weight

Expense ratio

FLDZ −0.05pt a year

FLDZ0.40%WDGF0.45%

Avg volume · 30D

WDGF 9.3×the volume

FLDZ125WDGF1.17K

FLDZ vs WDGF Performance

Oct 31, 2025 – Nov 2, 2026

−6.8%FLDZ−2.0%WDGF

Oct 31, 2025 to Nov 2, 2026. FLDZ −6.8%. WDGF −2.0%. Use the arrow keys to read each point.5%10%15%20%Oct 2025May 2026Nov 2026
Expense ratio
FLDZ 0.40%, better
WDGF 0.45%
Fund size
FLDZ $7M
WDGF $5M
1Y total return
FLDZ −6.8%
WDGF −2.0%, better
Yield (12M)
FLDZ 1.67%
WDGF No data
Holdings
FLDZ 66
WDGF 138
Avg volume (30D)
FLDZ 125 sh
WDGF 1.17K sh, better
NAV per share
FLDZ $26.38
WDGF $30.76
52W range

ETF.net Grade

FLDZ: Cost 76, Risk 42, Mission 42, Tradability 36, Holdings 92, Durability 62. WDGF: Cost 66, Risk 60, Mission not scored, Tradability 29, Holdings 70, Durability 40.
Pillar letters and Scores for FLDZ, WDGF, with each pillar’s weight
PillarFLDZWDGF
Cost30% weightA76HigherB66
Mission25% weightC42Not scored
Risk15% weightC42B60Higher
Tradability15% weightD36HigherD29
Holdings10% weightA92HigherA70
Durability5% weightB62HigherC40

Rank among Defense & Aerospace funds

Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

Same Category. FLDZ and WDGF are both graded against the same 25 Defense & Aerospace funds, so their Grades compare head to head.

Defense & Aerospace⁠

Category · 25 funds
See all 25 ›

FLDZ ranks 3rd and WDGF 7th of 25 funds in the Defense & Aerospace Category.

  1. Rank 1AXARState Street SPDR S&P Aerospace & Defense ETFScore 78
  2. Rank 2AITAiShares U.S. Aerospace & Defense ETFScore 74
  3. Rank 3BFLDZTrueShares Patriot Defense ETFScore 62
  4. Rank 4BFOWFPacer Solactive Whitney Future of Warfare ETFScore 61
  5. Rank 6BIDEFiShares Defense Industrials ActScore 58
  6. Rank 7BWDGFWisdomTree Global Defense FundScore 56
  7. Rank 8BSHLDGlobal X Defense Tech ETFScore 55

Our read on each fund

ETF.net Research

FLDZBTrueShares Patriot Defense ETF

WDGFBWisdomTree Global Defense Fund

In short

FLDZ A defense-stock ETF with an unusual arrangement: the adviser's management fee, less fund expenses, goes to the Folds of Honor Foundation. Launched in 2021 as a patriot-themed core equity fund, it now runs an active, concentrated book of aerospace and defense names.

WDGF No data

Stated mandate

FLDZ The Fund seeks capital growth.

WDGF No data

Why people hold it

  • FLDZ The adviser's management fee, less fund operating expenses, goes to Folds of Honor, a charity funding scholarships for families of fallen or disabled service members and first responders.true-shares.comtrue-shares.com 2
  • Charges 0.40% a year, below the median for its actively managed US stock peers. The charitable angle does not arrive with a premium price tag attached.
  • The mandate is spelled out: at least 80% of net assets in aerospace and defense companies as classified by GICS, with a policy of concentrating in that industry. No guessing what you own.sec.gov

WDGF No data

Worth knowing

  • FLDZ The strategy was rewritten in 2026 from broad US-economy equities to defense companies, so the fund's older track record reflects a different portfolio.sec.govsec.gov 2
  • Non-diversified and concentrated in one industry, so a single contract award or budget headline moves it more than it would a broad market fund.sec.gov
  • A small fund that trades thinly, so bid-ask spreads tend to run wider than on heavily traded ETFs. Limit orders matter more here.

WDGF No data

Full FLDZ profile⁠

Full WDGF profile⁠

FLDZ vs WDGF Holdings

How FLDZ and WDGF differ

Overlap by weight

27.5%

Shared holdings make up 54.4% of FLDZ and 50.4% of WDGF.

Level by level

  • Holdings35 in both27.5%
  • Countryby domicile69.3%
  • Asset classEquity100%

Sector

No Sector split for WDGF.

Country, concentration and asset class

Country by domicile

Country weights in FLDZ and WDGF, widest gap first
CountryMore in FLDZMore in WDGF
United StatesFLDZ +29.0 points
IndiaWDGF +6.2 points
South KoreaWDGF +5.7 points
United KingdomWDGF +4.7 points
GermanyWDGF +2.9 points
IsraelWDGF +2.8 points
FranceWDGF +2.5 points
NetherlandsFLDZ +1.6 points
Other countries (11)WDGF +5.9 points

Outside the US: WDGF 64% developed, 36% emerging.

Concentration

Weight in the 10 largest Holdings

  • FLDZ18.7%
  • WDGF48.7%

Securities held

  • FLDZ66
  • WDGF124

Asset class

FLDZ
Equity
WDGF
Equity

Holdings

  • Only in FLDZ31
  • In both35
  • Only in WDGF89

Only in FLDZ

31 securities, 45.6% of FLDZ by weight

  • Cadre Holdings Inc1.88%
  • V2X Inc1.80%
  • Saab AB1.79%

Only in WDGF

89 securities, 49.4% of WDGF by weight

  • BAE Systems PLC5.22%
  • Thales SA4.98%
  • Rheinmetall AG4.86%

Weight gaps

All 35 Holdings in both funds, largest gap first.

Holding weights in FLDZ and WDGF, widest gap first
HoldingMore in FLDZMore in WDGF
Palantir Technologies IncPLTRWDGF +3.90 points
Lockheed Martin CorpLMTWDGF +3.88 points
Northrop Grumman CorpNOCWDGF +3.55 points
General Dynamics CorpGDWDGF +3.41 points
Rtx CorporationRTXWDGF +3.27 points
L3Harris Technologies IncLHXWDGF +1.96 points
National Presto Industries IncNPKFLDZ +1.61 points
Karman Holdings IncKRMNFLDZ +1.51 points

All 66 FLDZ holdings⁠All WDGF holdings⁠

How we measure overlap

Each holding counts at its smaller weight in the two funds, summed over the full Holdings. Sector, country and asset class use the same rule on each fund’s split. Cash, FX and derivative lines stay out of the counts. Two bond funds get no overlap figure.

FLDZ vs WDGF Cost

Overpaying WDGF vs FLDZ

$951

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

  • FLDZ 0.40%

    $8,090

  • WDGF 0.45%

    $9,041

$10,000
30 years

Cost over time

  • FLDZ 0.40%
  • WDGF 0.45%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$2K$4K$6K$8K$10K051015202530WDGF $9,041FLDZ $8,090

Year by year

YearFLDZWDGFOverpaying
10$723$812$89
20$2,793$3,128$335
30$8,090$9,041$951

Expense ratio

  • 0.40%FLDZ, cheaper
  • 0.45%WDGF
  • Middle half of Defense & Aerospace funds
  • Median 0.50%

FLDZ 6th cheapest of 25 funds

WDGF 7th cheapest of 25 funds

FLDZ vs WDGF Dividends

Last 12 months to Nov 2, 2026
Yield (12M)
FLDZ 1.67%
WDGF No data
Payout (12M)
FLDZ $0.45
WDGF No data
Last payment
FLDZ $0.45
WDGF $0.02
Ex-dividend
FLDZ Dec 24, 2025
WDGF Dec 26, 2025
Paid on
FLDZ Dec 26, 2025
WDGF Dec 30, 2025
Frequency
FLDZ Annual
WDGF Irregular

Distribution history

Per share, 2022 to 2026, same scale for both

FLDZAnnual · 4 paymentsAll FLDZ payments⁠
One bar per payment. 4 payments from 2022 to 2026 YTD. Dec 29, 2022 $0.33; Dec 27, 2023 $0.33; Dec 27, 2024 $0.32; Dec 24, 2025 $0.45. Use the arrow keys to read each point.$0$0.5020232026YTD
WDGFIrregular · 1 paymentAll WDGF payments⁠
One bar per payment. 1 payment from 2022 to 2026 YTD. Dec 26, 2025 $0.02. Use the arrow keys to read each point.$0$0.5020232026YTD

FLDZ vs WDGF Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years
FLDZ 14.5%WDGF 22.3%since Oct 2025
Return per unit of riskSharpe ratio, 3 years
FLDZ 0.35WDGF −0.26since Oct 2025
Worst fallMax drawdown, 5 years
FLDZ −25.1%since Jan 2022WDGF −19.9%since Sep 2025
Market sensitivityBeta, 5 years
FLDZ 0.77WDGF 0.43

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