EXW3.DE vs. ED3F.DE
EXW3.DE (iShares STOXX Europe 50 UCITS ETF (DE)) and ED3F.DE (Global X Europe Focused Defence Tech UCITS ETF EUR Accumulating) are both exchange-traded funds - EXW3.DE is a Europe Equities fund tracking the STOXX® Europe 50, while ED3F.DE is a Aerospace & Defense fund tracking the Mirae Asset Europe Defence Tech Index. Both are passively managed. Over the past year, EXW3.DE returned 20.00% vs -1.88% for ED3F.DE. At a 0.28 correlation, their price movements are largely independent. EXW3.DE charges 0.52%/yr vs 0.40%/yr for ED3F.DE.
Performance
EXW3.DE vs. ED3F.DE - Performance Comparison
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Returns By Period
In the year-to-date period, EXW3.DE achieves a 10.62% return, which is significantly higher than ED3F.DE's 0.02% return.
EXW3.DE
- 1D
- 0.65%
- 1M
- 4.48%
- YTD
- 10.62%
- 6M
- 13.23%
- 1Y
- 20.00%
- 3Y*
- 13.15%
- 5Y*
- 11.77%
- 10Y*
- 9.47%
ED3F.DE
- 1D
- -0.42%
- 1M
- -8.21%
- YTD
- 0.02%
- 6M
- 4.46%
- 1Y
- -1.88%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
EXW3.DE vs. ED3F.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
EXW3.DE iShares STOXX Europe 50 UCITS ETF (DE) | 10.62% | 8.83% |
ED3F.DE Global X Europe Focused Defence Tech UCITS ETF EUR Accumulating | 0.02% | 4.82% |
Correlation
The correlation between EXW3.DE and ED3F.DE is 0.28, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.28 |
Correlation (All Time) Calculated using the full available price history since May 23, 2025 | 0.28 |
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Return for Risk
EXW3.DE vs. ED3F.DE — Risk / Return Rank
EXW3.DE
ED3F.DE
EXW3.DE vs. ED3F.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares STOXX Europe 50 UCITS ETF (DE) (EXW3.DE) and Global X Europe Focused Defence Tech UCITS ETF EUR Accumulating (ED3F.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.
| EXW3.DE | ED3F.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.49 | ||
| Sortino ratioReturn per unit of downside risk | +2.00 | ||
| Omega ratioGain probability vs. loss probability | 1.26 | 1.01 | +0.25 |
| Calmar ratioReturn relative to maximum drawdown | 2.09 | -0.08 | +2.17 |
| Martin ratioReturn relative to average drawdown | 7.39 | -0.18 | +7.57 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| EXW3.DE | ED3F.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.43 | -0.06 | +1.49 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.83 | — | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.62 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.19 | 0.15 | +0.04 |
Drawdowns
EXW3.DE vs. ED3F.DE - Drawdown Comparison
The maximum EXW3.DE drawdown since its inception was -57.98%, which is greater than ED3F.DE's maximum drawdown of -23.91%. Use the drawdown chart below to compare losses from any high point for EXW3.DE and ED3F.DE.
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Drawdown Indicators
| EXW3.DE | ED3F.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -57.98% | -23.91% | -34.07% |
Max Drawdown (1Y)Largest decline over 1 year | -9.51% | -23.91% | +14.40% |
Max Drawdown (3Y)Largest decline over 3 years | -17.30% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -17.30% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -32.27% | — | — |
Current DrawdownCurrent decline from peak | -1.20% | -20.80% | +19.60% |
Average DrawdownAverage peak-to-trough decline | -17.07% | -8.37% | -8.70% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.70% | 10.25% | -7.55% |
Volatility
EXW3.DE vs. ED3F.DE - Volatility Comparison
The current volatility for iShares STOXX Europe 50 UCITS ETF (DE) (EXW3.DE) is 4.77%, while Global X Europe Focused Defence Tech UCITS ETF EUR Accumulating (ED3F.DE) has a volatility of 10.58%. This indicates that EXW3.DE experiences smaller price fluctuations and is considered to be less risky than ED3F.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| EXW3.DE | ED3F.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.77% | 10.58% | -5.81% |
Volatility (6M)Calculated over the trailing 6-month period | 11.59% | 22.80% | -11.21% |
Volatility (1Y)Calculated over the trailing 1-year period | 13.90% | 30.60% | -16.70% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.17% | 30.42% | -16.25% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 15.44% | 30.42% | -14.98% |
EXW3.DE vs. ED3F.DE - Expense Ratio Comparison
EXW3.DE has a 0.52% expense ratio, which is higher than ED3F.DE's 0.40% expense ratio.
Dividends
EXW3.DE vs. ED3F.DE - Dividend Comparison
EXW3.DE's dividend yield for the trailing twelve months is around 2.12%, while ED3F.DE has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ED3F.DE Global X Europe Focused Defence Tech UCITS ETF EUR Accumulating | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
EXW3.DE iShares STOXX Europe 50 UCITS ETF (DE) | 2.12% | 2.22% | 2.44% | 2.10% | 2.52% | 2.05% | 2.16% | 2.79% | 2.96% | 5.17% | 4.31% | 3.43% |
Frequently Asked Questions
EXW3.DE and ED3F.DE have a correlation of 0.28, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, ED3F.DE is cheaper at 0.40% per year. The better choice depends on whether you care most about return, fees, risk, or income.
ED3F.DE is cheaper with a 0.40% expense ratio, compared with 0.52% for EXW3.DE.
EXW3.DE is categorized as Europe Equities, while ED3F.DE is Aerospace & Defense. EXW3.DE tracks STOXX® Europe 50, while ED3F.DE tracks Mirae Asset Europe Defence Tech Index. They also come from different issuers: iShares and Global X. Their fees differ too: 0.52% for EXW3.DE and 0.40% for ED3F.DE.
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