ARMY vs. FOWF

Last updated Jun 24, 2026

ARMY (HANetf Future of European Defence Screened UCITS ETF) and FOWF (Pacer Solactive Whitney Future of Warfare ETF) are both exchange-traded funds - ARMY is a Aerospace & Defense fund tracking the VettaFi European Future of Defence Screened Index, while FOWF is a Industrials Equities fund tracking the Solactive Whitney Future of Warfare Index. Both are passively managed. A 0.79 correlation means they provide meaningful diversification when combined. ARMY charges 0.39%/yr vs 0.49%/yr for FOWF.

Performance

ARMY vs. FOWF - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in HANetf Future of European Defence Screened UCITS ETF (ARMY) and Pacer Solactive Whitney Future of Warfare ETF (FOWF). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

ARMY is traded in EUR, while FOWF is traded in USD. To make them comparable, the FOWF values have been converted to EUR using the latest available exchange rates.

Returns By Period

ARMY

• 1D: -0.05%
• 1M: -6.35%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

FOWF

• 1D: 0.39%
• 1M: 0.73%
• YTD: 10.71%
• 6M: 10.10%
• 1Y: 20.61%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

ARMY vs. FOWF - Yearly Performance Comparison

	2026 (YTD)
ARMY HANetf Future of European Defence Screened UCITS ETF	-4.09%
FOWF Pacer Solactive Whitney Future of Warfare ETF	6.69%

Correlation

The correlation between ARMY and FOWF is 0.79, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (All Time) Calculated using the full available price history since Mar 31, 2026	0.79

Return for Risk

ARMY vs. FOWF — Risk / Return Rank

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

ARMY

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

FOWF

FOWF Risk / Return Rank: 39
FOWF Sharpe Ratio Rank: 39
FOWF Sortino Ratio Rank: 42
FOWF Omega Ratio Rank: 36
FOWF Calmar Ratio Rank: 40
FOWF Martin Ratio Rank: 39

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.

ARMY vs. FOWF - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for HANetf Future of European Defence Screened UCITS ETF (ARMY) and Pacer Solactive Whitney Future of Warfare ETF (FOWF). 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.

	ARMY	FOWF	Difference
Sharpe ratio: Return per unit of total volatility	—	1.48	—
Sortino ratio: Return per unit of downside risk	—	2.16	—
Omega ratio: Gain probability vs. loss probability	—	1.26	—
Calmar ratio: Return relative to maximum drawdown	—	2.50	—
Martin ratio: Return relative to average drawdown	—	6.54	—

Drawdowns

ARMY vs. FOWF - Drawdown Comparison

The maximum ARMY drawdown since its inception was -13.11%, smaller than the maximum FOWF drawdown of -15.18%. Use the drawdown chart below to compare losses from any high point for ARMY and FOWF.

Drawdown Indicators

	ARMY	FOWF	Difference
Max Drawdown Largest peak-to-trough decline	-13.11%	-15.18%	+2.07%
Max Drawdown (1Y) Largest decline over 1 year	—	-8.29%	—
Current Drawdown Current decline from peak	-12.09%	-2.18%	-9.91%
Average Drawdown Average peak-to-trough decline	-6.07%	-2.78%	-3.29%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	3.16%	—

Volatility

Volatility by Period

	ARMY	FOWF	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	4.62%	—
Volatility (6M) Calculated over the trailing 6-month period	—	11.44%	—
Volatility (1Y) Calculated over the trailing 1-year period	32.17%	13.97%	+18.20%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	32.17%	17.58%	+14.59%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	32.17%	17.58%	+14.59%

ARMY vs. FOWF - Expense Ratio Comparison

ARMY has a 0.39% expense ratio, which is lower than FOWF's 0.49% expense ratio.

Dividends

ARMY vs. FOWF - Dividend Comparison

ARMY has not paid dividends to shareholders, while FOWF's dividend yield for the trailing twelve months is around 0.77%.

Position	TTM	2025
ARMY HANetf Future of European Defence Screened UCITS ETF	0.00%	0.00%
FOWF Pacer Solactive Whitney Future of Warfare ETF	0.77%	0.79%

Frequently Asked Questions

Can I hold both ARMY and FOWF in my portfolio?

ARMY and FOWF have a correlation of 0.79, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, ARMY or FOWF?

On fees, ARMY is cheaper at 0.39% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, ARMY or FOWF?

ARMY is cheaper with a 0.39% expense ratio, compared with 0.49% for FOWF.

Which ETF pays a higher dividend yield, ARMY or FOWF?

FOWF has the higher dividend yield at 0.77%, compared with 0.00% for ARMY.

What is the main difference between ARMY and FOWF?

ARMY is categorized as Aerospace & Defense, while FOWF is Industrials Equities. ARMY tracks VettaFi European Future of Defence Screened Index, while FOWF tracks Solactive Whitney Future of Warfare Index. They also come from different issuers: HANetf and Pacer. Their fees differ too: 0.39% for ARMY and 0.49% for FOWF.