4MMR.DE vs. L0CK.DE

Last updated Apr 2, 2026

Compare and contrast key facts about Global X Defence Tech UCITS ETF USD Accumulating (4MMR.DE) and iShares Digital Security UCITS ETF USD (Acc) (L0CK.DE).

4MMR.DE and L0CK.DE 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. L0CK.DE is a passively managed fund by iShares that tracks the performance of the STOXX® Global Digital Security. It was launched on Sep 7, 2018.

Performance

4MMR.DE vs. L0CK.DE - 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 Digital Security UCITS ETF USD (Acc) (L0CK.DE). The values are adjusted to include any dividend payments, if applicable.

4MMR.DE vs. L0CK.DE - Yearly Performance Comparison

	2026 (YTD)	2025	2024
4MMR.DE Global X Defence Tech UCITS ETF USD Accumulating	14.51%	58.75%	13.11%
L0CK.DE iShares Digital Security UCITS ETF USD (Acc)	-2.50%	-0.03%	14.47%

Returns By Period

In the year-to-date period, 4MMR.DE achieves a 14.51% return, which is significantly higher than L0CK.DE's -2.50% return.

4MMR.DE

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

L0CK.DE

• 1D: 3.54%
• 1M: 2.01%
• YTD: -2.50%
• 6M: -3.82%
• 1Y: 5.41%
• 3Y*: 12.57%
• 5Y*: 6.83%
• 10Y*: —

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

4MMR.DE vs. L0CK.DE - Expense Ratio Comparison

L0CK.DE

iShares Digital Security UCITS ETF USD (Acc)

Return for Risk

4MMR.DE vs. L0CK.DE — 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

L0CK.DE

L0CK.DE Risk / Return Rank: 18
L0CK.DE Sharpe Ratio Rank: 18
L0CK.DE Sortino Ratio Rank: 18
L0CK.DE Omega Ratio Rank: 17
L0CK.DE Calmar Ratio Rank: 20
L0CK.DE Martin Ratio Rank: 19

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. L0CK.DE - 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 Digital Security UCITS ETF USD (Acc) (L0CK.DE). 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	L0CK.DE	Difference
Sharpe ratio Return per unit of total volatility	1.93	0.25	+1.68
Sortino ratio Return per unit of downside risk	2.70	0.48	+2.22
Omega ratio Gain probability vs. loss probability	1.33	1.06	+0.27
Calmar ratio Return relative to maximum drawdown	3.68	0.41	+3.28
Martin ratio Return relative to average drawdown	9.83	1.00	+8.83
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

4MMR.DE vs. L0CK.DE - Sharpe Ratio Comparison

The current 4MMR.DE Sharpe Ratio is 1.93, which is higher than the L0CK.DE Sharpe Ratio of 0.25. The chart below compares the historical Sharpe Ratios of 4MMR.DE and L0CK.DE, 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	L0CK.DE	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.93	0.25	+1.68
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.35	—
Sharpe Ratio (All Time) Calculated using the full available price history	2.38	0.47	+1.91

Correlation

The correlation between 4MMR.DE and L0CK.DE is 0.49, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.

Dividends

4MMR.DE vs. L0CK.DE - Dividend Comparison

Neither 4MMR.DE nor L0CK.DE has paid dividends to shareholders.

Tickers have no history of dividend payments

Drawdowns

4MMR.DE vs. L0CK.DE - Drawdown Comparison

The maximum 4MMR.DE drawdown since its inception was -13.28%, smaller than the maximum L0CK.DE drawdown of -32.50%. Use the drawdown chart below to compare losses from any high point for 4MMR.DE and L0CK.DE.

Drawdown Indicators

	4MMR.DE	L0CK.DE	Difference
Max Drawdown Largest peak-to-trough decline	-13.28%	-32.50%	+19.22%
Max Drawdown (1Y) Largest decline over 1 year	-13.28%	-13.53%	+0.25%
Max Drawdown (5Y) Largest decline over 5 years	—	-28.54%	—
Current Drawdown Current decline from peak	-5.28%	-11.39%	+6.11%
Average Drawdown Average peak-to-trough decline	-3.18%	-9.14%	+5.96%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.98%	5.05%	-0.07%

Volatility

4MMR.DE vs. L0CK.DE - Volatility Comparison

Global X Defence Tech UCITS ETF USD Accumulating (4MMR.DE) has a higher volatility of 7.80% compared to iShares Digital Security UCITS ETF USD (Acc) (L0CK.DE) at 6.45%. This indicates that 4MMR.DE's price experiences larger fluctuations and is considered to be riskier than L0CK.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	4MMR.DE	L0CK.DE	Difference
Volatility (1M) Calculated over the trailing 1-month period	7.80%	6.45%	+1.35%
Volatility (6M) Calculated over the trailing 6-month period	16.91%	14.76%	+2.15%
Volatility (1Y) Calculated over the trailing 1-year period	24.63%	21.85%	+2.78%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	24.84%	19.46%	+5.38%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	24.84%	20.02%	+4.82%