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WAR vs VPX

Comparison between U.S. Global Technology and Aerospace & Defense ETF (WAR, ETF) and VARIANT PERCEPTION CYCLE AWARE US EQUITY ETF (VPX, ETF).

WAR vs VPX - Performance Comparison

Key Characteristics

Financial metrics and valuation ratios

Net Assets
WAR
$42M
Winner
VPX
$43M
Expense Ratio
Winner
WAR
0.60%
VPX
0.75%
Max Drawdown
WAR
13.13%
Winner
VPX
5.91%
Sharpe Ratio
WAR
-0.73
Winner
VPX
3.59
5Y Beta
WAR
3.05
Winner
VPX
1.10
P/E Ratio
WAR
333.42
Winner
VPX
28.25
Forward P/E
WAR
35.76
Winner
VPX
22.24
PEG Ratio
WAR
N/A
VPX
0.54
5Y EPS CAGR
WAR
N/A
VPX
25.04%
Debt to Equity
WAR
8.00%
VPX
N/A
P/S Ratio
WAR
12.70
Winner
VPX
3.19
P/B Ratio
WAR
16.51
Winner
VPX
5.72

WAR vs VPX - Holdings Comparison

WAR and VPX have 4 common holdings. Overlap is -0.41%

WAR's top 25 holdings weight is 109.42%. VPX's top 25 holdings weight is 82.22%.

RankWARVPX
#1
US DOLLARS (n/a) - 15.06%
VANGUARD TOTAL STOCK MARKET ETF (VTI) - 30.61%
#2
MICRON TECHNOLOGY INC (MU) - 7.53%
BROADCOM INC (AVGO) - 4.91%
#3
AXON ENTERPRISE INC (AXON) - 7.29%
NVIDIA CORP (NVDA) - 4.12%
#4
MILDEF GROUP AB ORDINARY SHARES (n/a) - 6.98%
STATE STREET®TECHSELSECTSPDR®ETF (XLK) - 4.07%
#5
ASTERA LABS INC (ALAB) - 6.66%
MICROSOFT CORP (MSFT) - 3.24%
#6
DRONESHIELD LTD (n/a) - 6.60%
APPLE INC (AAPL) - 2.67%
#7
INTUITIVE MACHINES INC ORDINARY SHARES CLASS A (LUNR) - 6.47%
BERKSHIRE HATHAWAY INC CLASS B (BRK-B) - 2.65%
#8
ELECTRO OPTIC SYSTEMS HLDGS LTD (n/a) - 4.83%
ELI LILLY AND CO (LLY) - 2.59%
#9
AMPRIUS TECHNOLOGIES INC (AMPX) - 4.10%
ORACLE CORP (ORCL) - 2.26%
#10
PALANTIR TECHNOLOGIES INC ORDINARY SHARES CLASS A (PLTR) - 3.97%
JPMORGAN CHASE & CO (JPM) - 2.19%
#11
NVIDIA CORP (NVDA) - 3.89%
MICRON TECHNOLOGY INC (MU) - 2.05%
#12
LATTICE SEMICONDUCTOR CORP (LSCC) - 3.84%
ADVANCED MICRO DEVICES INC (AMD) - 1.97%
#13
TERADYNE INC (TER) - 3.83%
AMAZON.COM INC (AMZN) - 1.89%
#14
BE SEMICONDUCTOR INDUSTRIES NV (n/a) - 3.71%
INVESCO S&P 500® EQUAL WEIGHT ETF (RSP) - 1.88%
#15
THEON INTERNATIONAL PLC (n/a) - 3.52%
TESLA INC (TSLA) - 1.83%
#16
ROLLS-ROYCE HOLDINGS PLC ADR (RYCEY) - 3.47%
VISA INC CLASS A (V) - 1.69%
#17
CROWDSTRIKE HOLDINGS INC CLASS A (CRWD) - 3.21%
ALPHABET INC CLASS A (GOOGL) - 1.53%
#18
KARMAN HOLDINGS INC (KRMN) - 3.11%
JOHNSON & JOHNSON (JNJ) - 1.51%
#19
JAPANESE YEN (n/a) - 2.72%
CHEVRON CORP (CVX) - 1.35%
#20
CLOUDFLARE INC (NET) - 2.23%
COSTCO WHOLESALE CORP (COST) - 1.28%
#21
SANDISK CORP ORDINARY SHARES (SNDK) - 1.96%
n/a (TSM) - 1.24%
#22
SUPER MICRO COMPUTER INC (SMCI) - 1.13%
ENTERPRISE PRODUCTS PARTNERS LP (EPD) - 1.23%
#23
LUMENTUM HOLDINGS INC (LITE) - 1.12%
APPLIED MATERIALS INC (AMAT) - 1.22%
#24
TENABLE HOLDINGS INC (TENB) - 1.11%
n/a (PLTR) - 1.17%
#25
NEBIUS GROUP NV SHS CLASS-A- (NBIS) - 1.08%
MASTERCARD INC CLASS A (MA) - 1.07%
Total Holdings34141

WAR vs VPX - Historical Returns

Returns include dividend reinvestment.

1M
WAR
N/A
VPX
+4.08%
3M
WAR
N/A
VPX
+17.98%
Max(CAGR)
WAR
-57.68%
Winner
VPX
+92.79%

WAR vs VPX - Annual Returns (2026 - 2026)

Returns include dividend reinvestment.

YearWARVPX
2026-3.92%+17.98%

WAR vs VPX Drawdown Comparison

The maximum drawdown for WAR was -13.13%, occurring on Jun 10, 2026. This drawdown has not yet recovered.

The maximum drawdown for VPX was -5.91%, occurring on Mar 30, 2026. Recovery took 15 trading sessions.

The current WAR drawdown is -8.22%. The current VPX drawdown is -1.14%.

RankWARVPX
#1-13.13%
Jun 2, 2026 - Jun 10, 2026
-5.91%
Mar 17, 2026 - Apr 8, 2026
#2-1.63%
May 28, 2026 - Jun 2, 2026
-3.62%
Jun 4, 2026 - Jun 10, 2026
#3-1.24%
May 26, 2026 - May 28, 2026
-2.55%
May 14, 2026 - May 22, 2026
#4N/A-0.79%
Apr 27, 2026 - Apr 30, 2026
#5N/A-0.78%
Apr 17, 2026 - Apr 22, 2026
#6N/A-0.74%
May 6, 2026 - May 8, 2026
#7N/A-0.64%
Apr 22, 2026 - Apr 24, 2026
#8N/A-0.54%
Mar 12, 2026 - Mar 16, 2026
#9N/A-0.23%
May 11, 2026 - May 13, 2026
#10N/A-0.19%
May 1, 2026 - May 5, 2026
#11N/A-0.04%
Jun 2, 2026 - Jun 4, 2026
#12N/A-0.01%
Apr 9, 2026 - Apr 13, 2026

Correlation

Correlation between WAR and VPX is -1.00 which considered as a very strong negative correlation - the stocks move almost identically in opposite directions.

-1.00
-101

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