4MMR.DE vs. ITA
4MMR.DE (Global X Defence Tech UCITS ETF USD Accumulating) and ITA (iShares U.S. Aerospace & Defense ETF) are both Aerospace & Defense funds. Over the past year, 4MMR.DE returned 4.63% vs 34.41% for ITA. At a 0.46 correlation, their price movements are largely independent.
Performance
4MMR.DE vs. ITA - Performance Comparison
Loading charts...
Different Trading Currencies
4MMR.DE is traded in EUR, while ITA is traded in USD. To make them comparable, the ITA 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 -6.44% return, which is significantly lower than ITA's 14.43% return.
4MMR.DE
- 1D
- 0.00%
- 1M
- -8.42%
- YTD
- -6.44%
- 6M
- -6.87%
- 1Y
- 4.63%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
ITA
- 1D
- 0.44%
- 1M
- 5.92%
- YTD
- 14.43%
- 6M
- 11.86%
- 1Y
- 34.41%
- 3Y*
- 27.07%
- 5Y*
- 18.29%
- 10Y*
- 15.64%
4MMR.DE vs. ITA - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
4MMR.DE Global X Defence Tech UCITS ETF USD Accumulating | -6.44% | 58.75% | 12.12% |
ITA iShares U.S. Aerospace & Defense ETF | 14.43% | 31.00% | 7.41% |
Correlation
The correlation between 4MMR.DE and ITA is 0.52, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.52 |
Correlation (All Time) Calculated using the full available price history since Sep 16, 2024 | 0.46 |
The correlation between 4MMR.DE and ITA has been stable across timeframes, ranging from 0.46 to 0.52 - a consistent structural relationship.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
4MMR.DE vs. ITA — Risk / Return Rank
4MMR.DE
ITA
4MMR.DE vs. ITA - 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 U.S. Aerospace & Defense ETF (ITA). 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.
| 4MMR.DE | ITA | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.39 | ||
| Sortino ratioReturn per unit of downside risk | -1.81 | ||
| Omega ratioGain probability vs. loss probability | 1.05 | 1.27 | -0.22 |
| Calmar ratioReturn relative to maximum drawdown | 0.21 | 2.34 | -2.14 |
| Martin ratioReturn relative to average drawdown | 0.51 | 5.72 | -5.21 |
Loading charts...
Drawdowns
4MMR.DE vs. ITA - Drawdown Comparison
The maximum 4MMR.DE drawdown since its inception was -22.61%, smaller than the maximum ITA drawdown of -54.92%. Use the drawdown chart below to compare losses from any high point for 4MMR.DE and ITA.
Loading charts...
Drawdown Indicators
| 4MMR.DE | ITA | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -22.61% | -54.92% | +32.31% |
Max Drawdown (1Y)Largest decline over 1 year | -22.61% | -14.75% | -7.86% |
Max Drawdown (3Y)Largest decline over 3 years | — | -18.93% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -18.93% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -50.33% | — |
Current DrawdownCurrent decline from peak | -22.61% | -2.43% | -20.18% |
Average DrawdownAverage peak-to-trough decline | -4.74% | -10.45% | +5.71% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 9.04% | 6.03% | +3.01% |
Volatility
4MMR.DE vs. ITA - Volatility Comparison
The current volatility for Global X Defence Tech UCITS ETF USD Accumulating (4MMR.DE) is 7.03%, while iShares U.S. Aerospace & Defense ETF (ITA) has a volatility of 7.82%. This indicates that 4MMR.DE experiences smaller price fluctuations and is considered to be less risky than ITA based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| 4MMR.DE | ITA | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.03% | 7.82% | -0.79% |
Volatility (6M)Calculated over the trailing 6-month period | 17.51% | 17.47% | +0.04% |
Volatility (1Y)Calculated over the trailing 1-year period | 22.75% | 21.71% | +1.04% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 24.70% | 20.44% | +4.26% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 24.70% | 23.64% | +1.06% |
Dividends
4MMR.DE vs. ITA - Dividend Comparison
4MMR.DE has not paid dividends to shareholders, while ITA's dividend yield for the trailing twelve months is around 0.45%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
4MMR.DE Global X Defence Tech UCITS ETF USD Accumulating | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
ITA iShares U.S. Aerospace & Defense ETF | 0.45% | 0.55% | 0.85% | 0.93% | 0.95% | 0.82% | 1.07% | 1.54% | 1.13% | 0.91% | 1.07% | 1.04% |
Frequently Asked Questions
4MMR.DE and ITA have a correlation of 0.52, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
They also come from different issuers: Global X and iShares.
Find the right allocation for 4MMR.DE and ITA
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer