4MMR.DE vs. KDEF

Last updated Apr 2, 2026

Compare and contrast key facts about Global X Defence Tech UCITS ETF USD Accumulating (4MMR.DE) and PLUS Korea Defense Industry Index ETF (KDEF).

4MMR.DE and KDEF 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. KDEF is a passively managed fund by PLUS that tracks the performance of the The Korea Defence Industry Index. It was launched on Feb 5, 2025.

Performance

4MMR.DE vs. KDEF - 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 PLUS Korea Defense Industry Index ETF (KDEF). The values are adjusted to include any dividend payments, if applicable.

4MMR.DE vs. KDEF - Yearly Performance Comparison

	2026 (YTD)	2025
4MMR.DE Global X Defence Tech UCITS ETF USD Accumulating	14.51%	46.02%
KDEF PLUS Korea Defense Industry Index ETF	30.94%	92.31%

Different Trading Currencies

4MMR.DE is traded in EUR, while KDEF is traded in USD. To make them comparable, the KDEF 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 lower than KDEF's 30.94% return.

4MMR.DE

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

KDEF

• 1D: 7.20%
• 1M: -9.82%
• YTD: 30.94%
• 6M: 20.63%
• 1Y: 116.41%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

4MMR.DE vs. KDEF - Expense Ratio Comparison

KDEF

PLUS Korea Defense Industry Index ETF

Return for Risk

4MMR.DE vs. KDEF — 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

KDEF

KDEF Risk / Return Rank: 95
KDEF Sharpe Ratio Rank: 97
KDEF Sortino Ratio Rank: 96
KDEF Omega Ratio Rank: 91
KDEF Calmar Ratio Rank: 98
KDEF Martin Ratio Rank: 95

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. KDEF - 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 PLUS Korea Defense Industry Index ETF (KDEF). 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	KDEF	Difference
Sharpe ratio Return per unit of total volatility	1.93	2.67	-0.74
Sortino ratio Return per unit of downside risk	2.70	3.11	-0.41
Omega ratio Gain probability vs. loss probability	1.33	1.37	-0.04
Calmar ratio Return relative to maximum drawdown	3.68	5.76	-2.08
Martin ratio Return relative to average drawdown	9.83	15.88	-6.04
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

4MMR.DE vs. KDEF - Sharpe Ratio Comparison

The current 4MMR.DE Sharpe Ratio is 1.93, which is comparable to the KDEF Sharpe Ratio of 2.67. The chart below compares the historical Sharpe Ratios of 4MMR.DE and KDEF, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	4MMR.DE	KDEF	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.93	2.67	-0.74
Sharpe Ratio (All Time) Calculated using the full available price history	2.38	2.76	-0.38

Correlation

The correlation between 4MMR.DE and KDEF is 0.32, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.

Dividends

4MMR.DE vs. KDEF - Dividend Comparison

4MMR.DE has not paid dividends to shareholders, while KDEF's dividend yield for the trailing twelve months is around 4.51%.

	TTM	2025
4MMR.DE Global X Defence Tech UCITS ETF USD Accumulating	0.00%	0.00%
KDEF PLUS Korea Defense Industry Index ETF	4.51%	5.06%

Drawdowns

4MMR.DE vs. KDEF - Drawdown Comparison

The maximum 4MMR.DE drawdown since its inception was -13.28%, smaller than the maximum KDEF drawdown of -21.30%. Use the drawdown chart below to compare losses from any high point for 4MMR.DE and KDEF.

Drawdown Indicators

	4MMR.DE	KDEF	Difference
Max Drawdown Largest peak-to-trough decline	-13.28%	-22.51%	+9.23%
Max Drawdown (1Y) Largest decline over 1 year	-13.28%	-22.51%	+9.23%
Current Drawdown Current decline from peak	-5.28%	-12.41%	+7.13%
Average Drawdown Average peak-to-trough decline	-3.18%	-5.85%	+2.67%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.98%	8.11%	-3.13%

Volatility

4MMR.DE vs. KDEF - Volatility Comparison

The current volatility for Global X Defence Tech UCITS ETF USD Accumulating (4MMR.DE) is 7.80%, while PLUS Korea Defense Industry Index ETF (KDEF) has a volatility of 20.00%. This indicates that 4MMR.DE experiences smaller price fluctuations and is considered to be less risky than KDEF based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	4MMR.DE	KDEF	Difference
Volatility (1M) Calculated over the trailing 1-month period	7.80%	20.00%	-12.20%
Volatility (6M) Calculated over the trailing 6-month period	16.91%	33.51%	-16.60%
Volatility (1Y) Calculated over the trailing 1-year period	24.63%	43.95%	-19.32%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	24.84%	44.87%	-20.03%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	24.84%	44.87%	-20.03%