AW1T.DE vs. ED3F.DE
AW1T.DE (UBS ETF (LU) MSCI EMU Value UCITS ETF (EUR) Acc) and ED3F.DE (Global X Europe Focused Defence Tech UCITS ETF EUR Accumulating) are both exchange-traded funds - AW1T.DE is a Europe Equities fund tracking the MSCI EMU Value, while ED3F.DE is a Aerospace & Defense fund tracking the Mirae Asset Europe Defence Tech Index. Both are passively managed. Over the past year, AW1T.DE returned 21.61% vs -1.88% for ED3F.DE. At a 0.21 correlation, their price movements are largely independent. AW1T.DE charges 0.25%/yr vs 0.40%/yr for ED3F.DE.
Performance
AW1T.DE vs. ED3F.DE - Performance Comparison
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Returns By Period
In the year-to-date period, AW1T.DE achieves a 7.24% return, which is significantly higher than ED3F.DE's 0.02% return.
AW1T.DE
- 1D
- 0.20%
- 1M
- 2.46%
- YTD
- 7.24%
- 6M
- 10.70%
- 1Y
- 21.61%
- 3Y*
- 20.19%
- 5Y*
- —
- 10Y*
- —
ED3F.DE
- 1D
- -0.42%
- 1M
- -8.21%
- YTD
- 0.02%
- 6M
- 4.46%
- 1Y
- -1.88%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
AW1T.DE vs. ED3F.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
AW1T.DE UBS ETF (LU) MSCI EMU Value UCITS ETF (EUR) Acc | 7.24% | 12.65% |
ED3F.DE Global X Europe Focused Defence Tech UCITS ETF EUR Accumulating | 0.02% | 4.82% |
Correlation
The correlation between AW1T.DE and ED3F.DE is 0.21, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.21 |
Correlation (All Time) Calculated using the full available price history since May 23, 2025 | 0.21 |
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Return for Risk
AW1T.DE vs. ED3F.DE — Risk / Return Rank
AW1T.DE
ED3F.DE
AW1T.DE vs. ED3F.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for UBS ETF (LU) MSCI EMU Value UCITS ETF (EUR) Acc (AW1T.DE) and Global X Europe Focused Defence Tech UCITS ETF EUR Accumulating (ED3F.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.
| AW1T.DE | ED3F.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.71 | ||
| Sortino ratioReturn per unit of downside risk | +2.15 | ||
| Omega ratioGain probability vs. loss probability | 1.30 | 1.01 | +0.28 |
| Calmar ratioReturn relative to maximum drawdown | 2.42 | -0.08 | +2.50 |
| Martin ratioReturn relative to average drawdown | 8.19 | -0.18 | +8.37 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| AW1T.DE | ED3F.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.65 | -0.06 | +1.71 |
Sharpe Ratio (All Time)Calculated using the full available price history | 1.50 | 0.15 | +1.35 |
Drawdowns
AW1T.DE vs. ED3F.DE - Drawdown Comparison
The maximum AW1T.DE drawdown since its inception was -14.81%, smaller than the maximum ED3F.DE drawdown of -23.91%. Use the drawdown chart below to compare losses from any high point for AW1T.DE and ED3F.DE.
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Drawdown Indicators
| AW1T.DE | ED3F.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -14.81% | -23.91% | +9.10% |
Max Drawdown (1Y)Largest decline over 1 year | -8.88% | -23.91% | +15.03% |
Max Drawdown (3Y)Largest decline over 3 years | -14.81% | — | — |
Current DrawdownCurrent decline from peak | -1.45% | -20.80% | +19.35% |
Average DrawdownAverage peak-to-trough decline | -2.14% | -8.37% | +6.23% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.63% | 10.25% | -7.62% |
Volatility
AW1T.DE vs. ED3F.DE - Volatility Comparison
The current volatility for UBS ETF (LU) MSCI EMU Value UCITS ETF (EUR) Acc (AW1T.DE) is 3.45%, while Global X Europe Focused Defence Tech UCITS ETF EUR Accumulating (ED3F.DE) has a volatility of 10.58%. This indicates that AW1T.DE experiences smaller price fluctuations and is considered to be less risky than ED3F.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| AW1T.DE | ED3F.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.45% | 10.58% | -7.13% |
Volatility (6M)Calculated over the trailing 6-month period | 10.46% | 22.80% | -12.34% |
Volatility (1Y)Calculated over the trailing 1-year period | 13.06% | 30.60% | -17.54% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 13.79% | 30.42% | -16.63% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 13.79% | 30.42% | -16.63% |
AW1T.DE vs. ED3F.DE - Expense Ratio Comparison
AW1T.DE has a 0.25% expense ratio, which is lower than ED3F.DE's 0.40% expense ratio.
Dividends
AW1T.DE vs. ED3F.DE - Dividend Comparison
Neither AW1T.DE nor ED3F.DE has paid dividends to shareholders.
Frequently Asked Questions
AW1T.DE and ED3F.DE have a correlation of 0.21, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, AW1T.DE is cheaper at 0.25% per year. The better choice depends on whether you care most about return, fees, risk, or income.
AW1T.DE is cheaper with a 0.25% expense ratio, compared with 0.40% for ED3F.DE.
AW1T.DE is categorized as Europe Equities, while ED3F.DE is Aerospace & Defense. AW1T.DE tracks MSCI EMU Value, while ED3F.DE tracks Mirae Asset Europe Defence Tech Index. They also come from different issuers: UBS and Global X. Their fees differ too: 0.25% for AW1T.DE and 0.40% for ED3F.DE.
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