DFND.AS vs. TI5A.AS
DFND.AS (iShares Global Aerospace & Defence UCITS ETF) and TI5A.AS (iShares USD TIPS 0-5 UCITS ETF USD Accumulating) are both exchange-traded funds - DFND.AS is a Industrials Equities fund tracking the S&P Developed BMI Select Aerospace & Defense 35/20 Capped Index NR, while TI5A.AS is a Inflation-Protected Bonds fund tracking the ICE US Treasury Inflation-Linked Bond 0-5 Years. Both are passively managed. Over the past year, DFND.AS returned 62.00% vs 3.59% for TI5A.AS. At a 0.02 correlation, their price movements are largely independent. DFND.AS charges 0.35%/yr vs 0.10%/yr for TI5A.AS.
Performance
DFND.AS vs. TI5A.AS - Performance Comparison
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Returns By Period
In the year-to-date period, DFND.AS achieves a 62.00% return, which is significantly higher than TI5A.AS's 1.41% return.
DFND.AS
- 1D
- -0.20%
- 1M
- 2.48%
- YTD
- 62.00%
- 6M
- 62.00%
- 1Y
- 62.00%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
TI5A.AS
- 1D
- -0.04%
- 1M
- -0.31%
- YTD
- 1.41%
- 6M
- 1.40%
- 1Y
- 3.59%
- 3Y*
- 5.01%
- 5Y*
- —
- 10Y*
- —
DFND.AS vs. TI5A.AS - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
DFND.AS iShares Global Aerospace & Defence UCITS ETF | 62.00% | -0.00% | 16.29% |
TI5A.AS iShares USD TIPS 0-5 UCITS ETF USD Accumulating | 1.41% | 5.25% | 5.36% |
Correlation
The correlation between DFND.AS and TI5A.AS is -0.01, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.01 |
Correlation (All Time) Calculated using the full available price history since Feb 16, 2024 | 0.02 |
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Return for Risk
DFND.AS vs. TI5A.AS — Risk / Return Rank
DFND.AS
TI5A.AS
DFND.AS vs. TI5A.AS - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Global Aerospace & Defence UCITS ETF (DFND.AS) and iShares USD TIPS 0-5 UCITS ETF USD Accumulating (TI5A.AS). 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.
| DFND.AS | TI5A.AS | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.93 | ||
| Sortino ratioReturn per unit of downside risk | +0.02 | ||
| Omega ratioGain probability vs. loss probability | 1.93 | 1.33 | +0.60 |
| Calmar ratioReturn relative to maximum drawdown | 1.79 | 3.89 | -2.10 |
| Martin ratioReturn relative to average drawdown | 3.27 | 14.42 | -11.14 |
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Drawdowns
DFND.AS vs. TI5A.AS - Drawdown Comparison
The maximum DFND.AS drawdown since its inception was -35.42%, which is greater than TI5A.AS's maximum drawdown of -4.17%. Use the drawdown chart below to compare losses from any high point for DFND.AS and TI5A.AS.
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Drawdown Indicators
| DFND.AS | TI5A.AS | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -35.42% | -4.17% | -31.25% |
Max Drawdown (1Y)Largest decline over 1 year | -35.42% | -0.91% | -34.51% |
Max Drawdown (3Y)Largest decline over 3 years | — | -1.28% | — |
Current DrawdownCurrent decline from peak | -7.88% | -0.70% | -7.18% |
Average DrawdownAverage peak-to-trough decline | -7.83% | -0.70% | -7.13% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 19.17% | 0.25% | +18.92% |
Volatility
DFND.AS vs. TI5A.AS - Volatility Comparison
iShares Global Aerospace & Defence UCITS ETF (DFND.AS) has a higher volatility of 6.41% compared to iShares USD TIPS 0-5 UCITS ETF USD Accumulating (TI5A.AS) at 0.59%. This indicates that DFND.AS's price experiences larger fluctuations and is considered to be riskier than TI5A.AS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| DFND.AS | TI5A.AS | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.41% | 0.59% | +5.82% |
Volatility (6M)Calculated over the trailing 6-month period | 54.51% | 1.77% | +52.74% |
Volatility (1Y)Calculated over the trailing 1-year period | 96.62% | 2.24% | +94.38% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 63.20% | 3.06% | +60.14% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 63.20% | 3.06% | +60.14% |
DFND.AS vs. TI5A.AS - Expense Ratio Comparison
DFND.AS has a 0.35% expense ratio, which is higher than TI5A.AS's 0.10% expense ratio.
Dividends
DFND.AS vs. TI5A.AS - Dividend Comparison
Neither DFND.AS nor TI5A.AS has paid dividends to shareholders.
Frequently Asked Questions
DFND.AS and TI5A.AS have a correlation of -0.01, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, TI5A.AS is cheaper at 0.10% per year. The better choice depends on whether you care most about return, fees, risk, or income.
TI5A.AS is cheaper with a 0.10% expense ratio, compared with 0.35% for DFND.AS.
DFND.AS is categorized as Industrials Equities, while TI5A.AS is Inflation-Protected Bonds. DFND.AS tracks S&P Developed BMI Select Aerospace & Defense 35/20 Capped Index NR, while TI5A.AS tracks ICE US Treasury Inflation-Linked Bond 0-5 Years. Their fees differ too: 0.35% for DFND.AS and 0.10% for TI5A.AS.
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