ED3F.DE vs. SY7D.DE

Last updated Apr 14, 2026

ED3F.DE (Global X Europe Focused Defence Tech UCITS ETF EUR Accumulating) and SY7D.DE (Global X Euro Stoxx 50 Covered Call UCITS ETF EUR Distributing) are both exchange-traded funds — ED3F.DE is a Aerospace & Defense fund tracking the Mirae Asset Europe Defence Tech Index, while SY7D.DE is a Derivative Income fund tracking the EURO STOXX 50 Covered Call ATM Index. Both are passively managed. At 0.18, their price movements are largely independent. ED3F.DE charges 0.40%/yr vs 0.45%/yr for SY7D.DE.

Performance

ED3F.DE vs. SY7D.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 Global X Euro Stoxx 50 Covered Call UCITS ETF EUR Distributing (SY7D.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 SY7D.DE's -1.23% return.

ED3F.DE

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

SY7D.DE

• 1D: 0.05%
• 1M: 1.48%
• YTD: -1.23%
• 6M: 3.43%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

ED3F.DE vs. SY7D.DE - Yearly Performance Comparison

	2026 (YTD)	2025
ED3F.DE Global X Europe Focused Defence Tech UCITS ETF EUR Accumulating	16.69%	4.82%
SY7D.DE Global X Euro Stoxx 50 Covered Call UCITS ETF EUR Distributing	-1.23%	8.78%

Correlation

The correlation between ED3F.DE and SY7D.DE is 0.18, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (All Time) Calculated using the full available price history since May 23, 2025	0.18

Return for Risk

ED3F.DE vs. SY7D.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 Global X Euro Stoxx 50 Covered Call UCITS ETF EUR Distributing (SY7D.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	SY7D.DE	Difference
Sharpe Ratio (All Time) Calculated using the full available price history	0.84	0.79	+0.05

Drawdowns

ED3F.DE vs. SY7D.DE - Drawdown Comparison

The maximum ED3F.DE drawdown since its inception was -20.72%, which is greater than SY7D.DE's maximum drawdown of -9.48%. Use the drawdown chart below to compare losses from any high point for ED3F.DE and SY7D.DE.

Drawdown Indicators

	ED3F.DE	SY7D.DE	Difference
Max Drawdown Largest peak-to-trough decline	-20.72%	-9.48%	-11.24%
Current Drawdown Current decline from peak	-7.61%	-4.04%	-3.57%
Average Drawdown Average peak-to-trough decline	-7.11%	-1.33%	-5.78%

Volatility

Volatility by Period

	ED3F.DE	SY7D.DE	Difference
Volatility (1Y) Calculated over the trailing 1-year period	30.14%	11.13%	+19.01%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	30.14%	11.13%	+19.01%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	30.14%	11.13%	+19.01%

ED3F.DE vs. SY7D.DE - Expense Ratio Comparison

ED3F.DE has a 0.40% expense ratio, which is lower than SY7D.DE's 0.45% expense ratio.

Dividends

ED3F.DE vs. SY7D.DE - Dividend Comparison

ED3F.DE has not paid dividends to shareholders, while SY7D.DE's dividend yield for the trailing twelve months is around 10.02%.

	TTM	2025
ED3F.DE Global X Europe Focused Defence Tech UCITS ETF EUR Accumulating	0.00%	0.00%
SY7D.DE Global X Euro Stoxx 50 Covered Call UCITS ETF EUR Distributing	10.02%	6.10%