WDAF vs. DUTY

Last updated Jul 18, 2026

WDAF (WisdomTree Asia Defense Fund) and DUTY (U.S. Defense ETF) are both Aerospace & Defense funds - WDAF tracks the WisdomTree Asia Defense Index while DUTY tracks the Solactive U.S. Defense Index. Both are passively managed. At a 0.25 correlation, their price movements are largely independent. Both charge a 0.45% expense ratio.

Performance

WDAF vs. DUTY - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in WisdomTree Asia Defense Fund (WDAF) and U.S. Defense ETF (DUTY). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

WDAF

• 1D: -0.30%
• 1M: -13.50%
• 6M: -11.31%
• YTD: 2.91%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

DUTY

• 1D: 0.06%
• 1M: 0.05%
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

WDAF vs. DUTY - Yearly Performance Comparison

	2026 (YTD)
WDAF WisdomTree Asia Defense Fund	-14.59%
DUTY U.S. Defense ETF	2.19%

Correlation

The correlation between WDAF and DUTY is 0.25, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (All Time) Calculated using the full available price history since Apr 8, 2026	0.25

Return for Risk

WDAF vs. DUTY - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for WisdomTree Asia Defense Fund (WDAF) and U.S. Defense ETF (DUTY). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Drawdowns

WDAF vs. DUTY - Drawdown Comparison

The maximum WDAF drawdown since its inception was -22.77%, which is greater than DUTY's maximum drawdown of -13.42%. Use the drawdown chart below to compare losses from any high point for WDAF and DUTY.

Drawdown Indicators

	WDAF	DUTY	Difference
Max Drawdown Largest peak-to-trough decline	-22.77%	-13.42%	-9.35%
Current Drawdown Current decline from peak	-22.77%	-7.34%	-15.43%
Average Drawdown Average peak-to-trough decline	-7.74%	-4.69%	-3.05%

Volatility

Volatility by Period

	WDAF	DUTY	Difference
Volatility (1Y) Calculated over the trailing 1-year period	32.78%	26.91%	+5.87%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	32.78%	26.91%	+5.87%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	32.78%	26.91%	+5.87%

WDAF vs. DUTY - Expense Ratio Comparison

Both WDAF and DUTY have an expense ratio of 0.45%.

Dividends

WDAF vs. DUTY - Dividend Comparison

WDAF's dividend yield for the trailing twelve months is around 0.13%, while DUTY has not paid dividends to shareholders.

Position	TTM	2025
DUTY U.S. Defense ETF	0.00%	0.00%
WDAF WisdomTree Asia Defense Fund	0.13%	0.13%

Frequently Asked Questions

Can I hold both WDAF and DUTY in my portfolio?

WDAF and DUTY have a correlation of 0.25, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, WDAF or DUTY?

Both ETFs have the same 0.45% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, WDAF or DUTY?

WDAF and DUTY have the same expense ratio: 0.45% per year.

Which ETF pays a higher dividend yield, WDAF or DUTY?

WDAF has the higher dividend yield at 0.13%, compared with 0.00% for DUTY.

What is the main difference between WDAF and DUTY?

WDAF tracks WisdomTree Asia Defense Index, while DUTY tracks Solactive U.S. Defense Index. They also come from different issuers: WisdomTree and Aura.