4MMR.DE vs. WDAF

Last updated Jun 4, 2026

4MMR.DE (Global X Defence Tech UCITS ETF USD Accumulating) and WDAF (WisdomTree Asia Defense Fund) are both Aerospace & Defense funds. At a 0.48 correlation, their price movements are largely independent.

Performance

4MMR.DE vs. WDAF - 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 WisdomTree Asia Defense Fund (WDAF). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

4MMR.DE is traded in EUR, while WDAF is traded in USD. To make them comparable, the WDAF 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 -1.10% return, which is significantly lower than WDAF's 13.19% return.

4MMR.DE

• 1D: -0.74%
• 1M: -5.29%
• YTD: -1.10%
• 6M: 4.17%
• 1Y: 9.19%
• 3Y*: —
• 5Y*: —
• 10Y*: —

WDAF

• 1D: -1.35%
• 1M: -12.70%
• YTD: 13.19%
• 6M: 16.79%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

4MMR.DE vs. WDAF - Yearly Performance Comparison

	2026 (YTD)	2025
4MMR.DE Global X Defence Tech UCITS ETF USD Accumulating	-1.10%	0.71%
WDAF WisdomTree Asia Defense Fund	13.19%	-7.77%

Correlation

The correlation between 4MMR.DE and WDAF is 0.48, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (All Time) Calculated using the full available price history since Sep 15, 2025	0.48

Return for Risk

4MMR.DE vs. WDAF — 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: 15
4MMR.DE Sharpe Ratio Rank: 15
4MMR.DE Sortino Ratio Rank: 15
4MMR.DE Omega Ratio Rank: 15
4MMR.DE Calmar Ratio Rank: 14
4MMR.DE Martin Ratio Rank: 15

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. WDAF - 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 WisdomTree Asia Defense Fund (WDAF). 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	WDAF	Difference
Sharpe ratio: Return per unit of total volatility	0.41	—	—
Sortino ratio: Return per unit of downside risk	0.74	—	—
Omega ratio: Gain probability vs. loss probability	1.09	—	—
Calmar ratio: Return relative to maximum drawdown	0.46	—	—
Martin ratio: Return relative to average drawdown	1.20	—	—
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	WDAF	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.41	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.61	0.19	+1.42

Drawdowns

4MMR.DE vs. WDAF - Drawdown Comparison

The maximum 4MMR.DE drawdown since its inception was -19.79%, which is greater than WDAF's maximum drawdown of -17.48%. Use the drawdown chart below to compare losses from any high point for 4MMR.DE and WDAF.

Drawdown Indicators

	4MMR.DE	WDAF	Difference
Max Drawdown Largest peak-to-trough decline	-19.79%	-17.48%	-2.31%
Max Drawdown (1Y) Largest decline over 1 year	-19.79%	—	—
Current Drawdown Current decline from peak	-18.19%	-15.46%	-2.73%
Average Drawdown Average peak-to-trough decline	-4.18%	-6.12%	+1.94%
Ulcer Index Depth and duration of drawdowns from previous peaks	7.62%	—	—

Volatility

Volatility by Period

	4MMR.DE	WDAF	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.27%	—	—
Volatility (6M) Calculated over the trailing 6-month period	17.08%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	22.33%	31.80%	-9.47%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	24.62%	31.80%	-7.18%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	24.62%	31.80%	-7.18%

Dividends

4MMR.DE vs. WDAF - Dividend Comparison

4MMR.DE has not paid dividends to shareholders, while WDAF's dividend yield for the trailing twelve months is around 0.12%.

Position	TTM	2025
4MMR.DE Global X Defence Tech UCITS ETF USD Accumulating	0.00%	0.00%
WDAF WisdomTree Asia Defense Fund	0.12%	0.13%

Frequently Asked Questions

Can I hold both 4MMR.DE and WDAF in my portfolio?

4MMR.DE and WDAF have a correlation of 0.48, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

What is the main difference between 4MMR.DE and WDAF?

They also come from different issuers: Global X and WisdomTree.