ASWC.DE vs. 4MMR.DE

Last updated Apr 2, 2026

Compare and contrast key facts about HANetf Future of Defence UCITS ETF Acc EUR (ASWC.DE) and Global X Defence Tech UCITS ETF USD Accumulating (4MMR.DE).

ASWC.DE and 4MMR.DE are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. ASWC.DE is a passively managed fund by HANetf that tracks the performance of the EQM Future of Defence Index. It was launched on Jul 3, 2023. 4MMR.DE is managed by Global X.

Performance

ASWC.DE vs. 4MMR.DE - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in HANetf Future of Defence UCITS ETF Acc EUR (ASWC.DE) and Global X Defence Tech UCITS ETF USD Accumulating (4MMR.DE). The values are adjusted to include any dividend payments, if applicable.

ASWC.DE vs. 4MMR.DE - Yearly Performance Comparison

	2026 (YTD)	2025	2024
ASWC.DE HANetf Future of Defence UCITS ETF Acc EUR	3.89%	38.30%	13.42%
4MMR.DE Global X Defence Tech UCITS ETF USD Accumulating	14.51%	58.75%	13.11%

Returns By Period

In the year-to-date period, ASWC.DE achieves a 3.89% return, which is significantly lower than 4MMR.DE's 14.51% return.

ASWC.DE

• 1D: 0.43%
• 1M: -6.18%
• YTD: 3.89%
• 6M: -2.22%
• 1Y: 22.07%
• 3Y*: —
• 5Y*: —
• 10Y*: —

4MMR.DE

• 1D: 4.32%
• 1M: -2.93%
• YTD: 14.51%
• 6M: 7.98%
• 1Y: 47.59%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

ASWC.DE vs. 4MMR.DE - Expense Ratio Comparison

ASWC.DE

HANetf Future of Defence UCITS ETF Acc EUR

Return for Risk

ASWC.DE vs. 4MMR.DE — Risk / Return Rank

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

ASWC.DE

ASWC.DE Risk / Return Rank: 56
ASWC.DE Sharpe Ratio Rank: 59
ASWC.DE Sortino Ratio Rank: 61
ASWC.DE Omega Ratio Rank: 51
ASWC.DE Calmar Ratio Rank: 65
ASWC.DE Martin Ratio Rank: 45

4MMR.DE

4MMR.DE Risk / Return Rank: 87
4MMR.DE Sharpe Ratio Rank: 88
4MMR.DE Sortino Ratio Rank: 90
4MMR.DE Omega Ratio Rank: 82
4MMR.DE Calmar Ratio Rank: 92
4MMR.DE Martin Ratio Rank: 81

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.

ASWC.DE vs. 4MMR.DE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for HANetf Future of Defence UCITS ETF Acc EUR (ASWC.DE) and Global X Defence Tech UCITS ETF USD Accumulating (4MMR.DE). 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.

	ASWC.DE	4MMR.DE	Difference
Sharpe ratio Return per unit of total volatility	1.08	1.93	-0.85
Sortino ratio Return per unit of downside risk	1.62	2.70	-1.08
Omega ratio Gain probability vs. loss probability	1.20	1.33	-0.13
Calmar ratio Return relative to maximum drawdown	1.75	3.68	-1.93
Martin ratio Return relative to average drawdown	4.51	9.83	-5.32
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

ASWC.DE vs. 4MMR.DE - Sharpe Ratio Comparison

The current ASWC.DE Sharpe Ratio is 1.08, which is lower than the 4MMR.DE Sharpe Ratio of 1.93. The chart below compares the historical Sharpe Ratios of ASWC.DE and 4MMR.DE, 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

	ASWC.DE	4MMR.DE	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.08	1.93	-0.85
Sharpe Ratio (All Time) Calculated using the full available price history	1.85	2.38	-0.53

Correlation

The correlation between ASWC.DE and 4MMR.DE is 0.87, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.

Dividends

ASWC.DE vs. 4MMR.DE - Dividend Comparison

Neither ASWC.DE nor 4MMR.DE has paid dividends to shareholders.

Tickers have no history of dividend payments

Drawdowns

ASWC.DE vs. 4MMR.DE - Drawdown Comparison

The maximum ASWC.DE drawdown since its inception was -12.58%, smaller than the maximum 4MMR.DE drawdown of -13.28%. Use the drawdown chart below to compare losses from any high point for ASWC.DE and 4MMR.DE.

Drawdown Indicators

	ASWC.DE	4MMR.DE	Difference
Max Drawdown Largest peak-to-trough decline	-12.58%	-13.28%	+0.70%
Max Drawdown (1Y) Largest decline over 1 year	-12.58%	-13.28%	+0.70%
Current Drawdown Current decline from peak	-9.16%	-5.28%	-3.88%
Average Drawdown Average peak-to-trough decline	-2.26%	-3.18%	+0.92%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.90%	4.98%	-0.08%

Volatility

ASWC.DE vs. 4MMR.DE - Volatility Comparison

The current volatility for HANetf Future of Defence UCITS ETF Acc EUR (ASWC.DE) is 6.29%, while Global X Defence Tech UCITS ETF USD Accumulating (4MMR.DE) has a volatility of 7.80%. This indicates that ASWC.DE experiences smaller price fluctuations and is considered to be less risky than 4MMR.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	ASWC.DE	4MMR.DE	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.29%	7.80%	-1.51%
Volatility (6M) Calculated over the trailing 6-month period	15.47%	16.91%	-1.44%
Volatility (1Y) Calculated over the trailing 1-year period	22.59%	24.63%	-2.04%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	18.91%	24.84%	-5.93%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.91%	24.84%	-5.93%