ARMY vs. XDEF

Last updated Jun 24, 2026

ARMY (HANetf Future of European Defence Screened UCITS ETF) and XDEF (Xtrackers Europe Defense Technologies ETF) are both Aerospace & Defense funds - ARMY tracks the VettaFi European Future of Defence Screened Index while XDEF tracks the STOXX Europe Total Market Defence, Space and Cybersecurity Innovation 50-25 Index. Both are passively managed. Their correlation of 0.90 suggests significant overlap in exposure. ARMY charges 0.39%/yr vs 0.35%/yr for XDEF.

Performance

ARMY vs. XDEF - 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 Xtrackers Europe Defense Technologies ETF (XDEF). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

ARMY is traded in EUR, while XDEF is traded in USD. To make them comparable, the XDEF 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*: —

XDEF

• 1D: 0.23%
• 1M: -0.45%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

ARMY vs. XDEF - Yearly Performance Comparison

	2026 (YTD)
ARMY HANetf Future of European Defence Screened UCITS ETF	-4.09%
XDEF Xtrackers Europe Defense Technologies ETF	2.37%

Correlation

The correlation between ARMY and XDEF is 0.90, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (All Time) Calculated using the full available price history since Mar 31, 2026	0.90

Return for Risk

ARMY vs. XDEF - 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 Xtrackers Europe Defense Technologies ETF (XDEF). 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.

Drawdowns

ARMY vs. XDEF - Drawdown Comparison

The maximum ARMY drawdown since its inception was -13.11%, smaller than the maximum XDEF drawdown of -99.30%. Use the drawdown chart below to compare losses from any high point for ARMY and XDEF.

Drawdown Indicators

	ARMY	XDEF	Difference
Max Drawdown Largest peak-to-trough decline	-13.11%	-99.30%	+86.19%
Current Drawdown Current decline from peak	-12.09%	-99.25%	+87.16%
Average Drawdown Average peak-to-trough decline	-6.07%	-73.38%	+67.31%

Volatility

Volatility by Period

	ARMY	XDEF	Difference
Volatility (1Y) Calculated over the trailing 1-year period	32.17%	147.94%	-115.77%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	32.17%	147.94%	-115.77%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	32.17%	147.94%	-115.77%

ARMY vs. XDEF - Expense Ratio Comparison

ARMY has a 0.39% expense ratio, which is higher than XDEF's 0.35% expense ratio.

Dividends

ARMY vs. XDEF - Dividend Comparison

ARMY has not paid dividends to shareholders, while XDEF's dividend yield for the trailing twelve months is around 1.52%.

Position	TTM
ARMY HANetf Future of European Defence Screened UCITS ETF	0.00%
XDEF Xtrackers Europe Defense Technologies ETF	1.52%

Frequently Asked Questions

Can I hold both ARMY and XDEF in my portfolio?

ARMY and XDEF have a correlation of 0.90, 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 XDEF?

On fees, XDEF is cheaper at 0.35% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, ARMY or XDEF?

XDEF is cheaper with a 0.35% expense ratio, compared with 0.39% for ARMY.

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

XDEF has the higher dividend yield at 1.52%, compared with 0.00% for ARMY.

What is the main difference between ARMY and XDEF?

ARMY tracks VettaFi European Future of Defence Screened Index, while XDEF tracks STOXX Europe Total Market Defence, Space and Cybersecurity Innovation 50-25 Index. They also come from different issuers: HANetf and Xtrackers. Their fees differ too: 0.39% for ARMY and 0.35% for XDEF.