ASWC.DE vs. APG

Last updated Jun 5, 2026

ASWC.DE (HANetf Future of Defence UCITS ETF Acc EUR) is Aerospace & Defense fund tracking the EQM Future of Defence Index, while APG (APi Group Corporation) is a stock. Over the past year, ASWC.DE returned 18.25% vs 31.97% for APG. At a 0.29 correlation, their price movements are largely independent.

Performance

ASWC.DE vs. APG - 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 APi Group Corporation (APG). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

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

Returns By Period

In the year-to-date period, ASWC.DE achieves a 13.04% return, which is significantly higher than APG's 12.37% return.

ASWC.DE

• 1D: -0.80%
• 1M: 8.50%
• YTD: 13.04%
• 6M: 13.30%
• 1Y: 18.25%
• 3Y*: —
• 5Y*: —
• 10Y*: —

APG

• 1D: -0.67%
• 1M: -0.89%
• YTD: 12.37%
• 6M: 8.34%
• 1Y: 31.97%
• 3Y*: 32.44%
• 5Y*: 24.36%
• 10Y*: —

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

ASWC.DE vs. APG - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
ASWC.DE HANetf Future of Defence UCITS ETF Acc EUR	13.04%	38.30%	39.36%	14.37%
APG APi Group Corporation	12.37%	40.62%	10.82%	25.82%

Correlation

The correlation between ASWC.DE and APG is 0.28, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.28
Correlation (All Time) Calculated using the full available price history since Jul 4, 2023	0.29

Return for Risk

ASWC.DE vs. APG — 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: 25
ASWC.DE Sharpe Ratio Rank: 25
ASWC.DE Sortino Ratio Rank: 25
ASWC.DE Omega Ratio Rank: 24
ASWC.DE Calmar Ratio Rank: 29
ASWC.DE Martin Ratio Rank: 24

APG

APG Risk / Return Rank: 74
APG Sharpe Ratio Rank: 76
APG Sortino Ratio Rank: 71
APG Omega Ratio Rank: 70
APG Calmar Ratio Rank: 74
APG Martin Ratio Rank: 78

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. APG - 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 APi Group Corporation (APG). 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.

	ASWC.DE	APG	Difference
Sharpe ratio: Return per unit of total volatility	0.84	1.13	-0.29
Sortino ratio: Return per unit of downside risk	1.30	1.69	-0.39
Omega ratio: Gain probability vs. loss probability	1.16	1.21	-0.05
Calmar ratio: Return relative to maximum drawdown	1.36	1.86	-0.51
Martin ratio: Return relative to average drawdown	3.10	5.40	-2.30

ASWC.DE vs. APG - Sharpe Ratio Comparison

The current ASWC.DE Sharpe Ratio is 0.84, which is comparable to the APG Sharpe Ratio of 1.13. The chart below compares the historical Sharpe Ratios of ASWC.DE and APG, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

ASWC.DE vs. APG - Drawdown Comparison

The maximum ASWC.DE drawdown since its inception was -12.58%, smaller than the maximum APG drawdown of -42.00%. Use the drawdown chart below to compare losses from any high point for ASWC.DE and APG.

Drawdown Indicators

	ASWC.DE	APG	Difference
Max Drawdown Largest peak-to-trough decline	-12.58%	-42.00%	+29.42%
Max Drawdown (1Y) Largest decline over 1 year	-12.58%	-17.24%	+4.66%
Max Drawdown (3Y) Largest decline over 3 years	—	-24.79%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-42.00%	—
Current Drawdown Current decline from peak	-2.83%	-13.18%	+10.35%
Average Drawdown Average peak-to-trough decline	-2.47%	-9.30%	+6.83%
Ulcer Index Depth and duration of drawdowns from previous peaks	5.51%	5.94%	-0.43%

Volatility

ASWC.DE vs. APG - Volatility Comparison

The current volatility for HANetf Future of Defence UCITS ETF Acc EUR (ASWC.DE) is 5.89%, while APi Group Corporation (APG) has a volatility of 9.90%. This indicates that ASWC.DE experiences smaller price fluctuations and is considered to be less risky than APG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	ASWC.DE	APG	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.89%	9.90%	-4.01%
Volatility (6M) Calculated over the trailing 6-month period	15.89%	21.80%	-5.91%
Volatility (1Y) Calculated over the trailing 1-year period	20.35%	28.36%	-8.01%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	19.11%	32.17%	-13.06%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	19.11%	32.75%	-13.64%

Dividends

ASWC.DE vs. APG - Dividend Comparison

Neither ASWC.DE nor APG has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both ASWC.DE and APG in my portfolio?

ASWC.DE and APG have a correlation of 0.28, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.