ED3F.DE vs. 5J50.DE

Last updated Apr 14, 2026

ED3F.DE (Global X Europe Focused Defence Tech UCITS ETF EUR Accumulating) and 5J50.DE (iShares Global Aerospace & Defence UCITS ETF USD (Acc)) are both Aerospace & Defense funds — ED3F.DE tracks the Mirae Asset Europe Defence Tech Index while 5J50.DE tracks the S&P Developed BMI Select Aerospace & Defense 35/20 Capped Index. Both are passively managed. A 0.76 correlation means they provide meaningful diversification when combined. ED3F.DE charges 0.40%/yr vs 0.35%/yr for 5J50.DE.

Performance

ED3F.DE vs. 5J50.DE - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in Global X Europe Focused Defence Tech UCITS ETF EUR Accumulating (ED3F.DE) and iShares Global Aerospace & Defence UCITS ETF USD (Acc) (5J50.DE). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, ED3F.DE achieves a 16.69% return, which is significantly higher than 5J50.DE's 8.32% return.

ED3F.DE

• 1D: -0.14%
• 1M: -2.24%
• YTD: 16.69%
• 6M: 4.92%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

5J50.DE

• 1D: 0.37%
• 1M: -1.88%
• YTD: 8.32%
• 6M: 8.17%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

ED3F.DE vs. 5J50.DE - Yearly Performance Comparison

	2026 (YTD)	2025
ED3F.DE Global X Europe Focused Defence Tech UCITS ETF EUR Accumulating	16.69%	4.82%
5J50.DE iShares Global Aerospace & Defence UCITS ETF USD (Acc)	8.32%	16.43%

Correlation

The correlation between ED3F.DE and 5J50.DE is 0.76, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (All Time) Calculated using the full available price history since May 23, 2025	0.76

Return for Risk

ED3F.DE vs. 5J50.DE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Global X Europe Focused Defence Tech UCITS ETF EUR Accumulating (ED3F.DE) and iShares Global Aerospace & Defence UCITS ETF USD (Acc) (5J50.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.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Sharpe Ratios by Period

	ED3F.DE	5J50.DE	Difference
Sharpe Ratio (All Time) Calculated using the full available price history	0.84	2.42	-1.58

Drawdowns

ED3F.DE vs. 5J50.DE - Drawdown Comparison

The maximum ED3F.DE drawdown since its inception was -20.72%, which is greater than 5J50.DE's maximum drawdown of -11.37%. Use the drawdown chart below to compare losses from any high point for ED3F.DE and 5J50.DE.

Drawdown Indicators

	ED3F.DE	5J50.DE	Difference
Max Drawdown Largest peak-to-trough decline	-20.72%	-11.37%	-9.35%
Current Drawdown Current decline from peak	-7.61%	-5.89%	-1.72%
Average Drawdown Average peak-to-trough decline	-7.11%	-2.68%	-4.43%

Volatility

Volatility by Period

	ED3F.DE	5J50.DE	Difference
Volatility (1Y) Calculated over the trailing 1-year period	30.14%	18.64%	+11.50%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	30.14%	18.64%	+11.50%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	30.14%	18.64%	+11.50%

ED3F.DE vs. 5J50.DE - Expense Ratio Comparison

ED3F.DE has a 0.40% expense ratio, which is higher than 5J50.DE's 0.35% expense ratio.

Dividends

ED3F.DE vs. 5J50.DE - Dividend Comparison

Neither ED3F.DE nor 5J50.DE has paid dividends to shareholders.

Tickers have no history of dividend payments