ARMR.AX vs. DHHF.AX

Last updated Apr 1, 2026

Compare and contrast key facts about Betashares Global Defence ETF (ARMR.AX) and Betashares Diversified All Growth ETF (DHHF.AX).

ARMR.AX and DHHF.AX are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. ARMR.AX is a passively managed fund by BetaShares that tracks the performance of the VettaFi Global Defence Leaders Index. It was launched on Oct 2, 2024. DHHF.AX is an actively managed fund by BetaShares. It was launched on Dec 3, 2019.

Performance

ARMR.AX vs. DHHF.AX - Performance Comparison

The chart below illustrates the hypothetical performance of a A$10,000 investment in Betashares Global Defence ETF (ARMR.AX) and Betashares Diversified All Growth ETF (DHHF.AX). The values are adjusted to include any dividend payments, if applicable.

ARMR.AX vs. DHHF.AX - Yearly Performance Comparison

	2026 (YTD)	2025	2024
ARMR.AX Betashares Global Defence ETF	0.05%	47.73%	12.11%
DHHF.AX Betashares Diversified All Growth ETF	-3.89%	11.88%	6.40%

Returns By Period

In the year-to-date period, ARMR.AX achieves a 0.05% return, which is significantly higher than DHHF.AX's -3.89% return.

ARMR.AX

• 1D: -2.46%
• 1M: -10.55%
• YTD: 0.05%
• 6M: -5.99%
• 1Y: 27.40%
• 3Y*: —
• 5Y*: —
• 10Y*: —

DHHF.AX

• 1D: 0.98%
• 1M: -4.00%
• YTD: -3.89%
• 6M: -2.87%
• 1Y: 10.48%
• 3Y*: 13.37%
• 5Y*: 9.92%
• 10Y*: —

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

ARMR.AX vs. DHHF.AX - Expense Ratio Comparison

ARMR.AX has a 0.55% expense ratio, which is higher than DHHF.AX's 0.19% expense ratio.

ARMR.AX

Betashares Global Defence ETF

DHHF.AX

Betashares Diversified All Growth ETF

Return for Risk

ARMR.AX vs. DHHF.AX — Risk / Return Rank

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

ARMR.AX

ARMR.AX Risk / Return Rank: 62
ARMR.AX Sharpe Ratio Rank: 66
ARMR.AX Sortino Ratio Rank: 66
ARMR.AX Omega Ratio Rank: 56
ARMR.AX Calmar Ratio Rank: 72
ARMR.AX Martin Ratio Rank: 50

DHHF.AX

DHHF.AX Risk / Return Rank: 43
DHHF.AX Sharpe Ratio Rank: 42
DHHF.AX Sortino Ratio Rank: 41
DHHF.AX Omega Ratio Rank: 42
DHHF.AX Calmar Ratio Rank: 47
DHHF.AX Martin Ratio Rank: 45

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.

ARMR.AX vs. DHHF.AX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Betashares Global Defence ETF (ARMR.AX) and Betashares Diversified All Growth ETF (DHHF.AX). 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.

	ARMR.AX	DHHF.AX	Difference
Sharpe ratio Return per unit of total volatility	1.17	0.82	+0.35
Sortino ratio Return per unit of downside risk	1.68	1.21	+0.47
Omega ratio Gain probability vs. loss probability	1.21	1.17	+0.03
Calmar ratio Return relative to maximum drawdown	1.84	1.31	+0.53
Martin ratio Return relative to average drawdown	4.89	4.57	+0.31
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

ARMR.AX vs. DHHF.AX - Sharpe Ratio Comparison

The current ARMR.AX Sharpe Ratio is 1.17, which is higher than the DHHF.AX Sharpe Ratio of 0.82. The chart below compares the historical Sharpe Ratios of ARMR.AX and DHHF.AX, 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

	ARMR.AX	DHHF.AX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.17	0.82	+0.35
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.89	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.78	0.73	+1.05

Correlation

The correlation between ARMR.AX and DHHF.AX is 0.35, 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

ARMR.AX vs. DHHF.AX - Dividend Comparison

ARMR.AX's dividend yield for the trailing twelve months is around 2.31%, more than DHHF.AX's 1.97% yield.

	TTM	2025	2024	2023	2022	2021	2020
ARMR.AX Betashares Global Defence ETF	2.31%	2.18%	0.00%	0.00%	0.00%	0.00%	0.00%
DHHF.AX Betashares Diversified All Growth ETF	1.97%	2.13%	1.99%	2.38%	4.24%	1.28%	1.25%

Drawdowns

ARMR.AX vs. DHHF.AX - Drawdown Comparison

The maximum ARMR.AX drawdown since its inception was -14.86%, smaller than the maximum DHHF.AX drawdown of -28.54%. Use the drawdown chart below to compare losses from any high point for ARMR.AX and DHHF.AX.

Drawdown Indicators

	ARMR.AX	DHHF.AX	Difference
Max Drawdown Largest peak-to-trough decline	-14.86%	-28.54%	+13.68%
Max Drawdown (1Y) Largest decline over 1 year	-14.86%	-8.03%	-6.83%
Max Drawdown (5Y) Largest decline over 5 years	—	-17.30%	—
Current Drawdown Current decline from peak	-14.86%	-5.99%	-8.87%
Average Drawdown Average peak-to-trough decline	-3.25%	-4.25%	+1.00%
Ulcer Index Depth and duration of drawdowns from previous peaks	5.61%	2.30%	+3.31%

Volatility

ARMR.AX vs. DHHF.AX - Volatility Comparison

Betashares Global Defence ETF (ARMR.AX) has a higher volatility of 7.24% compared to Betashares Diversified All Growth ETF (DHHF.AX) at 5.09%. This indicates that ARMR.AX's price experiences larger fluctuations and is considered to be riskier than DHHF.AX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	ARMR.AX	DHHF.AX	Difference
Volatility (1M) Calculated over the trailing 1-month period	7.24%	5.09%	+2.15%
Volatility (6M) Calculated over the trailing 6-month period	18.10%	7.67%	+10.43%
Volatility (1Y) Calculated over the trailing 1-year period	24.05%	12.75%	+11.30%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	22.77%	11.16%	+11.61%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	22.77%	13.28%	+9.49%