4MMR.DE vs. IDEF

Last updated Apr 2, 2026

Compare and contrast key facts about Global X Defence Tech UCITS ETF USD Accumulating (4MMR.DE) and iShares Defense Industrials Active ETF (IDEF).

4MMR.DE and IDEF are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. 4MMR.DE is managed by Global X. IDEF is an actively managed fund by iShares. It was launched on May 19, 2025.

Performance

4MMR.DE vs. IDEF - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in Global X Defence Tech UCITS ETF USD Accumulating (4MMR.DE) and iShares Defense Industrials Active ETF (IDEF). The values are adjusted to include any dividend payments, if applicable.

4MMR.DE vs. IDEF - Yearly Performance Comparison

	2026 (YTD)	2025
4MMR.DE Global X Defence Tech UCITS ETF USD Accumulating	14.51%	14.24%
IDEF iShares Defense Industrials Active ETF	11.03%	18.68%

Different Trading Currencies

4MMR.DE is traded in EUR, while IDEF is traded in USD. To make them comparable, the IDEF values have been converted to EUR using the latest available exchange rates.

Returns By Period

In the year-to-date period, 4MMR.DE achieves a 14.51% return, which is significantly higher than IDEF's 11.03% return.

4MMR.DE

• 1D: 4.32%
• 1M: -2.93%
• YTD: 14.51%
• 6M: 7.98%
• 1Y: 47.59%
• 3Y*: —
• 5Y*: —
• 10Y*: —

IDEF

• 1D: 2.86%
• 1M: -7.48%
• YTD: 11.03%
• 6M: 7.50%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

4MMR.DE vs. IDEF - Expense Ratio Comparison

IDEF

iShares Defense Industrials Active ETF

Return for Risk

4MMR.DE vs. IDEF — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

4MMR.DE

4MMR.DE Risk / Return Rank: 87
4MMR.DE Sharpe Ratio Rank: 88
4MMR.DE Sortino Ratio Rank: 90
4MMR.DE Omega Ratio Rank: 82
4MMR.DE Calmar Ratio Rank: 92
4MMR.DE Martin Ratio Rank: 81

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

4MMR.DE vs. IDEF - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Global X Defence Tech UCITS ETF USD Accumulating (4MMR.DE) and iShares Defense Industrials Active ETF (IDEF). 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.

	4MMR.DE	IDEF	Difference
Sharpe ratio Return per unit of total volatility	1.93	—	—
Sortino ratio Return per unit of downside risk	2.70	—	—
Omega ratio Gain probability vs. loss probability	1.33	—	—
Calmar ratio Return relative to maximum drawdown	3.68	—	—
Martin ratio Return relative to average drawdown	9.83	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	4MMR.DE	IDEF	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.93	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	2.38	1.89	+0.49

Correlation

The correlation between 4MMR.DE and IDEF is 0.71, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.

Dividends

4MMR.DE vs. IDEF - Dividend Comparison

4MMR.DE has not paid dividends to shareholders, while IDEF's dividend yield for the trailing twelve months is around 0.16%.

	TTM	2025
4MMR.DE Global X Defence Tech UCITS ETF USD Accumulating	0.00%	0.00%
IDEF iShares Defense Industrials Active ETF	0.16%	0.17%

Drawdowns

4MMR.DE vs. IDEF - Drawdown Comparison

The maximum 4MMR.DE drawdown since its inception was -13.28%, roughly equal to the maximum IDEF drawdown of -12.93%. Use the drawdown chart below to compare losses from any high point for 4MMR.DE and IDEF.

Drawdown Indicators

	4MMR.DE	IDEF	Difference
Max Drawdown Largest peak-to-trough decline	-13.28%	-14.63%	+1.35%
Max Drawdown (1Y) Largest decline over 1 year	-13.28%	—	—
Current Drawdown Current decline from peak	-5.28%	-8.45%	+3.17%
Average Drawdown Average peak-to-trough decline	-3.18%	-2.90%	-0.28%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.98%	—	—

Volatility

Volatility by Period

	4MMR.DE	IDEF	Difference
Volatility (1M) Calculated over the trailing 1-month period	7.80%	—	—
Volatility (6M) Calculated over the trailing 6-month period	16.91%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	24.63%	20.11%	+4.52%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	24.84%	20.11%	+4.73%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	24.84%	20.11%	+4.73%