ETHI.AX vs. ARMR.AX
ETHI.AX (Betashares Global Sustainability Leaders ETF) and ARMR.AX (Betashares Global Defence ETF) are both exchange-traded funds - ETHI.AX is a Global Equities fund tracking the Nasdaq Future Global Sustainability Leaders Index, while ARMR.AX is a Aerospace & Defense fund tracking the VettaFi Global Defence Leaders Index. Both are passively managed. Over the past year, ETHI.AX returned 9.57% vs -3.36% for ARMR.AX. At a 0.29 correlation, their price movements are largely independent. ETHI.AX charges 0.59%/yr vs 0.55%/yr for ARMR.AX.
Performance
ETHI.AX vs. ARMR.AX - Performance Comparison
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Returns By Period
In the year-to-date period, ETHI.AX achieves a 3.99% return, which is significantly higher than ARMR.AX's -6.62% return.
ETHI.AX
- 1D
- -0.24%
- 1M
- 3.31%
- 6M
- 4.06%
- YTD
- 3.99%
- 1Y
- 9.57%
- 3Y*
- 13.69%
- 5Y*
- 9.58%
- 10Y*
- —
ARMR.AX
- 1D
- 0.45%
- 1M
- -3.73%
- 6M
- -19.26%
- YTD
- -6.62%
- 1Y
- -3.36%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
ETHI.AX vs. ARMR.AX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
ETHI.AX Betashares Global Sustainability Leaders ETF | 3.99% | 4.56% | 10.35% |
ARMR.AX Betashares Global Defence ETF | -6.62% | 47.73% | 12.11% |
Correlation
The correlation between ETHI.AX and ARMR.AX is 0.23, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.23 |
Correlation (All Time) Calculated using the full available price history since Oct 4, 2024 | 0.29 |
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Return for Risk
ETHI.AX vs. ARMR.AX — Risk / Return Rank
ETHI.AX
ARMR.AX
ETHI.AX vs. ARMR.AX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Betashares Global Sustainability Leaders ETF (ETHI.AX) and Betashares Global Defence ETF (ARMR.AX). 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.
| ETHI.AX | ARMR.AX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.95 | ||
| Sortino ratioReturn per unit of downside risk | +1.23 | ||
| Omega ratioGain probability vs. loss probability | 1.17 | 1.01 | +0.16 |
| Calmar ratioReturn relative to maximum drawdown | 0.68 | -0.09 | +0.76 |
| Martin ratioReturn relative to average drawdown | 1.60 | -0.18 | +1.79 |
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Drawdowns
ETHI.AX vs. ARMR.AX - Drawdown Comparison
The maximum ETHI.AX drawdown since its inception was -25.44%, which is greater than ARMR.AX's maximum drawdown of -22.93%. Use the drawdown chart below to compare losses from any high point for ETHI.AX and ARMR.AX.
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Drawdown Indicators
| ETHI.AX | ARMR.AX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -25.44% | -22.93% | -2.51% |
Max Drawdown (1Y)Largest decline over 1 year | -14.99% | -22.93% | +7.94% |
Max Drawdown (3Y)Largest decline over 3 years | -15.65% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -25.44% | — | — |
Current DrawdownCurrent decline from peak | -1.00% | -20.43% | +19.43% |
Average DrawdownAverage peak-to-trough decline | -4.63% | -5.62% | +0.99% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 6.42% | 10.96% | -4.54% |
Volatility
ETHI.AX vs. ARMR.AX - Volatility Comparison
The current volatility for Betashares Global Sustainability Leaders ETF (ETHI.AX) is 2.80%, while Betashares Global Defence ETF (ARMR.AX) has a volatility of 8.91%. This indicates that ETHI.AX experiences smaller price fluctuations and is considered to be less risky than ARMR.AX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| ETHI.AX | ARMR.AX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.80% | 8.91% | -6.11% |
Volatility (6M)Calculated over the trailing 6-month period | 9.74% | 19.25% | -9.51% |
Volatility (1Y)Calculated over the trailing 1-year period | 11.68% | 23.85% | -12.17% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.05% | 23.54% | -9.49% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 14.73% | 23.54% | -8.81% |
ETHI.AX vs. ARMR.AX - Expense Ratio Comparison
ETHI.AX has a 0.59% expense ratio, which is higher than ARMR.AX's 0.55% expense ratio.
Dividends
ETHI.AX vs. ARMR.AX - Dividend Comparison
ETHI.AX's dividend yield for the trailing twelve months is around 1.55%, less than ARMR.AX's 2.08% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
ARMR.AX Betashares Global Defence ETF | 2.08% | 2.18% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
ETHI.AX Betashares Global Sustainability Leaders ETF | 1.55% | 1.86% | 2.11% | 4.40% | 2.43% | 5.04% | 10.20% | 3.90% | 1.69% | 1.13% |
Frequently Asked Questions
ETHI.AX and ARMR.AX have a correlation of 0.23, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, ARMR.AX is cheaper at 0.55% per year. The better choice depends on whether you care most about return, fees, risk, or income.
ARMR.AX is cheaper with a 0.55% expense ratio, compared with 0.59% for ETHI.AX.
ETHI.AX is categorized as Global Equities, while ARMR.AX is Aerospace & Defense. ETHI.AX tracks Nasdaq Future Global Sustainability Leaders Index, while ARMR.AX tracks VettaFi Global Defence Leaders Index. Their fees differ too: 0.59% for ETHI.AX and 0.55% for ARMR.AX.
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