EUAD vs. TTEQ

Last updated Jun 4, 2026

EUAD (Select STOXX Europe Aerospace & Defense ETF) and TTEQ (T. Rowe Price Technology ETF) are both exchange-traded funds - EUAD is a Aerospace & Defense fund tracking the STOXX Europe Total Market Aerospace & Defense Index, while TTEQ is a Technology Equities fund actively managed by T. Rowe Price. EUAD is passively managed, while TTEQ is actively managed. Over the past year, EUAD returned -3.68% vs 66.44% for TTEQ. At a 0.33 correlation, their price movements are largely independent. EUAD charges 0.50%/yr vs 0.63%/yr for TTEQ.

Performance

EUAD vs. TTEQ - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Select STOXX Europe Aerospace & Defense ETF (EUAD) and T. Rowe Price Technology ETF (TTEQ). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, EUAD achieves a -5.41% return, which is significantly lower than TTEQ's 38.44% return.

EUAD

• 1D: -1.53%
• 1M: -1.14%
• YTD: -5.41%
• 6M: -1.74%
• 1Y: -3.68%
• 3Y*: —
• 5Y*: —
• 10Y*: —

TTEQ

• 1D: -0.82%
• 1M: 18.60%
• YTD: 38.44%
• 6M: 35.90%
• 1Y: 66.44%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

EUAD vs. TTEQ - Yearly Performance Comparison

	2026 (YTD)	2025	2024
EUAD Select STOXX Europe Aerospace & Defense ETF	-5.41%	74.51%	-2.82%
TTEQ T. Rowe Price Technology ETF	38.44%	24.25%	3.92%

Correlation

The correlation between EUAD and TTEQ is 0.35, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.35
Correlation (All Time) Calculated using the full available price history since Oct 25, 2024	0.33

EUAD vs. TTEQ - Sectors Allocation Comparison

Sectors	EUAD	TTEQ
Industrials	99.4%	0.7%
Healthcare	0.1%	-
Basic Materials	-	0.5%
Communication Services	-	8.4%
Consumer Cyclical	-	5.7%
Consumer Defensive	-	-
Energy	-	-
Financial Services	-	3.4%
Real Estate	-	-
Technology	-	72.4%
Utilities	-	-

Return for Risk

EUAD vs. TTEQ — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

EUAD

EUAD Risk / Return Rank: 7
EUAD Sharpe Ratio Rank: 7
EUAD Sortino Ratio Rank: 7
EUAD Omega Ratio Rank: 7
EUAD Calmar Ratio Rank: 7
EUAD Martin Ratio Rank: 7

TTEQ

TTEQ Risk / Return Rank: 78
TTEQ Sharpe Ratio Rank: 86
TTEQ Sortino Ratio Rank: 79
TTEQ Omega Ratio Rank: 79
TTEQ Calmar Ratio Rank: 77
TTEQ Martin Ratio Rank: 68

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

EUAD vs. TTEQ - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Select STOXX Europe Aerospace & Defense ETF (EUAD) and T. Rowe Price Technology ETF (TTEQ). 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.

	EUAD	TTEQ	Difference
Sharpe ratio: Return per unit of total volatility	-0.13	2.87	-2.99
Sortino ratio: Return per unit of downside risk	0.02	3.53	-3.51
Omega ratio: Gain probability vs. loss probability	1.00	1.47	-0.47
Calmar ratio: Return relative to maximum drawdown	-0.17	3.86	-4.03
Martin ratio: Return relative to average drawdown	-0.41	12.43	-12.84
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

EUAD vs. TTEQ - Sharpe Ratio Comparison

The current EUAD Sharpe Ratio is -0.13, which is lower than the TTEQ Sharpe Ratio of 2.87. The chart below compares the historical Sharpe Ratios of EUAD and TTEQ, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	EUAD	TTEQ	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.13	2.87	-2.99
Sharpe Ratio (All Time) Calculated using the full available price history	1.13	1.62	-0.49

Drawdowns

EUAD vs. TTEQ - Drawdown Comparison

The maximum EUAD drawdown since its inception was -22.04%, smaller than the maximum TTEQ drawdown of -26.97%. Use the drawdown chart below to compare losses from any high point for EUAD and TTEQ.

Drawdown Indicators

	EUAD	TTEQ	Difference
Max Drawdown Largest peak-to-trough decline	-22.04%	-26.97%	+4.93%
Max Drawdown (1Y) Largest decline over 1 year	-22.04%	-17.31%	-4.73%
Current Drawdown Current decline from peak	-17.46%	-0.82%	-16.64%
Average Drawdown Average peak-to-trough decline	-5.62%	-4.76%	-0.86%
Ulcer Index Depth and duration of drawdowns from previous peaks	8.99%	5.36%	+3.63%

Volatility

EUAD vs. TTEQ - Volatility Comparison

Select STOXX Europe Aerospace & Defense ETF (EUAD) has a higher volatility of 11.32% compared to T. Rowe Price Technology ETF (TTEQ) at 7.97%. This indicates that EUAD's price experiences larger fluctuations and is considered to be riskier than TTEQ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	EUAD	TTEQ	Difference
Volatility (1M) Calculated over the trailing 1-month period	11.32%	7.97%	+3.35%
Volatility (6M) Calculated over the trailing 6-month period	24.20%	18.88%	+5.32%
Volatility (1Y) Calculated over the trailing 1-year period	29.14%	23.30%	+5.84%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	29.84%	27.30%	+2.54%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	29.84%	27.30%	+2.54%

EUAD vs. TTEQ - Expense Ratio Comparison

EUAD has a 0.50% expense ratio, which is lower than TTEQ's 0.63% expense ratio.

Dividends

EUAD vs. TTEQ - Dividend Comparison

EUAD's dividend yield for the trailing twelve months is around 0.42%, while TTEQ has not paid dividends to shareholders.

Position	TTM	2025	2024
EUAD Select STOXX Europe Aerospace & Defense ETF	0.42%	0.40%	0.10%
TTEQ T. Rowe Price Technology ETF	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both EUAD and TTEQ in my portfolio?

EUAD and TTEQ have a correlation of 0.35, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, EUAD or TTEQ?

EUAD has higher volatility (11.32%) compared to TTEQ (7.97%). In terms of maximum drawdown, EUAD dropped -22.04% vs TTEQ's -26.97%.

Which ETF is better, EUAD or TTEQ?

On 1-year performance, TTEQ leads with 66.44% vs -3.68% for EUAD. On fees, EUAD is cheaper at 0.50% per year. On volatility, TTEQ has been the lower-risk option at 7.97%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, EUAD or TTEQ?

Over the 1-year period, TTEQ has performed better with a 66.44% return vs -3.68%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, EUAD or TTEQ?

EUAD is cheaper with a 0.50% expense ratio, compared with 0.63% for TTEQ.

Which ETF pays a higher dividend yield, EUAD or TTEQ?

EUAD has the higher dividend yield at 0.42%, compared with 0.00% for TTEQ.

What is the main difference between EUAD and TTEQ?

EUAD is categorized as Aerospace & Defense, while TTEQ is Technology Equities. They also come from different issuers: Select Funds and T. Rowe Price. Their fees differ too: 0.50% for EUAD and 0.63% for TTEQ.

Which has better risk-adjusted returns?

TTEQ currently has the higher Sharpe Ratio (2.87 vs -0.13), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.