ARMY vs. WDAF
ARMY (Tema International Defense ETF) and WDAF (WisdomTree Asia Defense Fund) are both Aerospace & Defense funds. ARMY is actively managed, while WDAF is passively managed. Their 0.52 correlation means they have sometimes moved together and sometimes differently. ARMY charges 0.68%/yr vs 0.45%/yr for WDAF.
Performance
ARMY vs. WDAF - Performance Comparison
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Returns By Period
ARMY
- 1D
- 0.13%
- 1M
- -0.13%
- 6M
- —
- YTD
- —
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- —
WDAF
- 1D
- -0.96%
- 1M
- -9.68%
- 6M
- -15.34%
- YTD
- -0.06%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- —
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $60.49K | $59.12K | $65.58K | |
| $206.13K | $199.18K | $502.59K |
ARMY vs. WDAF - Yearly Performance Comparison
| 2026 (YTD) | |
|---|---|
ARMY Tema International Defense ETF | 2.13% |
WDAF WisdomTree Asia Defense Fund | -7.42% |
Correlation
The correlation between ARMY and WDAF is 0.52, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Mar 31, 2026 | 0.52 |
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Return for Risk
ARMY vs. WDAF - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Tema International Defense ETF (ARMY) 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.
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.
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
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Drawdowns
ARMY vs. WDAF - Drawdown Comparison
The maximum ARMY drawdown since its inception was -16.37%, smaller than the maximum WDAF drawdown of -28.19%. Use the drawdown chart below to compare losses from any high point for ARMY and WDAF.
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Drawdown Indicators
| ARMY | WDAF | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -16.37% | -28.19% | +11.82% |
Current DrawdownCurrent decline from peak | -6.39% | -25.01% | +18.62% |
Average DrawdownAverage peak-to-trough decline | -7.53% | -8.46% | +0.93% |
Volatility
ARMY vs. WDAF - Volatility Comparison
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Volatility by Period
| ARMY | WDAF | Difference | |
|---|---|---|---|
Volatility (1Y)Calculated over the trailing 1-year period | 31.33% | 33.47% | -2.14% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 31.33% | 33.47% | -2.14% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 31.33% | 33.47% | -2.14% |
ARMY vs. WDAF - Expense Ratio Comparison
ARMY has a 0.68% expense ratio, which is higher than WDAF's 0.45% expense ratio.
Dividends
ARMY vs. WDAF - Dividend Comparison
ARMY has not paid dividends to shareholders, while WDAF's dividend yield for the trailing twelve months is around 0.13%.
| Position | TTM | 2025 |
|---|---|---|
ARMY Tema International Defense ETF | 0.00% | 0.00% |
WDAF WisdomTree Asia Defense Fund | 0.13% | 0.13% |
Frequently Asked Questions
ARMY and WDAF have a correlation of 0.52, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, WDAF is cheaper at 0.45% per year. The better choice depends on whether you care most about return, fees, risk, or income.
WDAF is cheaper with a 0.45% expense ratio, compared with 0.68% for ARMY.
WDAF has the higher dividend yield at 0.13%, compared with 0.00% for ARMY.
They also come from different issuers: Tema and WisdomTree. Their fees differ too: 0.68% for ARMY and 0.45% for WDAF.
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