FITE vs. EUAD

Last updated Jul 14, 2026

FITE (SPDR S&P Kensho Future Security ETF) and EUAD (Select STOXX Europe Aerospace & Defense ETF) are both exchange-traded funds - FITE is a Technology Equities fund tracking the S&P Kensho Future Security Index, while EUAD is a Aerospace & Defense fund tracking the STOXX Europe Total Market Aerospace & Defense Index. Both are passively managed. Over the past year, FITE returned 43.87% vs -3.16% for EUAD. At a 0.44 correlation, their price movements are largely independent. FITE charges 0.45%/yr vs 0.50%/yr for EUAD.

Performance

FITE vs. EUAD - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in SPDR S&P Kensho Future Security ETF (FITE) and Select STOXX Europe Aerospace & Defense ETF (EUAD). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, FITE achieves a 27.21% return, which is significantly higher than EUAD's -1.21% return.

FITE

• 1D: -1.55%
• 1M: -0.04%
• 6M: 14.60%
• YTD: 27.21%
• 1Y: 43.87%
• 3Y*: 31.11%
• 5Y*: 16.60%
• 10Y*: —

EUAD

• 1D: -2.00%
• 1M: 1.19%
• 6M: -13.49%
• YTD: -1.21%
• 1Y: -3.16%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

FITE vs. EUAD - Yearly Performance Comparison

	2026 (YTD)	2025	2024
FITE SPDR S&P Kensho Future Security ETF	27.21%	27.73%	5.24%
EUAD Select STOXX Europe Aerospace & Defense ETF	-1.21%	74.51%	-6.86%

Correlation

The correlation between FITE and EUAD is 0.49, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.49
Correlation (All Time) Calculated using the full available price history since Oct 22, 2024	0.44

FITE vs. EUAD - Sectors Allocation Comparison

Sectors	FITE	EUAD
Technology	53.8%	-
Industrials	37.6%	99.5%
Communication Services	4.2%	-
Healthcare	2.6%	0.1%
Energy	1.9%	-
Basic Materials	-	-
Consumer Cyclical	-	-
Consumer Defensive	-	-
Financial Services	-	-
Real Estate	-	-
Utilities	-	-

Return for Risk

FITE vs. EUAD — Risk / Return Rank

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

FITE

FITE Risk / Return Rank: 61
FITE Sharpe Ratio Rank: 62
FITE Sortino Ratio Rank: 60
FITE Omega Ratio Rank: 54
FITE Calmar Ratio Rank: 72
FITE Martin Ratio Rank: 55

EUAD

EUAD Risk / Return Rank: 8
EUAD Sharpe Ratio Rank: 8
EUAD Sortino Ratio Rank: 8
EUAD Omega Ratio Rank: 8
EUAD Calmar Ratio Rank: 8
EUAD Martin Ratio Rank: 8

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.

FITE vs. EUAD - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for SPDR S&P Kensho Future Security ETF (FITE) and Select STOXX Europe Aerospace & Defense ETF (EUAD). 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.

	FITE	EUAD	Difference
Sharpe ratio: Return per unit of total volatility	1.64	-0.11	+1.74
Sortino ratio: Return per unit of downside risk	2.26	0.05	+2.20
Omega ratio: Gain probability vs. loss probability	1.27	1.01	+0.26
Calmar ratio: Return relative to maximum drawdown	2.87	-0.14	+3.02
Martin ratio: Return relative to average drawdown	7.49	-0.32	+7.80

FITE vs. EUAD - Sharpe Ratio Comparison

The current FITE Sharpe Ratio is 1.64, which is higher than the EUAD Sharpe Ratio of -0.11. The chart below compares the historical Sharpe Ratios of FITE and EUAD, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

FITE vs. EUAD - Drawdown Comparison

The maximum FITE drawdown since its inception was -36.90%, which is greater than EUAD's maximum drawdown of -22.04%. Use the drawdown chart below to compare losses from any high point for FITE and EUAD.

Drawdown Indicators

	FITE	EUAD	Difference
Max Drawdown Largest peak-to-trough decline	-36.90%	-22.04%	-14.86%
Max Drawdown (1Y) Largest decline over 1 year	-15.35%	-22.04%	+6.69%
Max Drawdown (3Y) Largest decline over 3 years	-22.07%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-27.14%	—	—
Current Drawdown Current decline from peak	-8.42%	-13.79%	+5.37%
Average Drawdown Average peak-to-trough decline	-7.40%	-6.16%	-1.24%
Ulcer Index Depth and duration of drawdowns from previous peaks	5.88%	9.94%	-4.06%

Volatility

FITE vs. EUAD - Volatility Comparison

SPDR S&P Kensho Future Security ETF (FITE) has a higher volatility of 9.08% compared to Select STOXX Europe Aerospace & Defense ETF (EUAD) at 8.24%. This indicates that FITE's price experiences larger fluctuations and is considered to be riskier than EUAD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	FITE	EUAD	Difference
Volatility (1M) Calculated over the trailing 1-month period	9.08%	8.24%	+0.84%
Volatility (6M) Calculated over the trailing 6-month period	21.71%	24.42%	-2.71%
Volatility (1Y) Calculated over the trailing 1-year period	27.01%	29.38%	-2.37%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	22.95%	29.74%	-6.79%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	23.24%	29.74%	-6.50%

FITE vs. EUAD - Expense Ratio Comparison

FITE has a 0.45% expense ratio, which is lower than EUAD's 0.50% expense ratio.

Dividends

FITE vs. EUAD - Dividend Comparison

FITE's dividend yield for the trailing twelve months is around 0.13%, less than EUAD's 0.41% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018
EUAD Select STOXX Europe Aerospace & Defense ETF	0.41%	0.40%	0.10%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
FITE SPDR S&P Kensho Future Security ETF	0.13%	0.23%	0.12%	0.13%	0.12%	0.92%	0.88%	0.44%	1.79%

Frequently Asked Questions

Can I hold both FITE and EUAD in my portfolio?

FITE and EUAD have a correlation of 0.49, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, FITE or EUAD?

FITE has higher volatility (9.08%) compared to EUAD (8.24%). In terms of maximum drawdown, FITE dropped -36.90% vs EUAD's -22.04%.

Which ETF is better, FITE or EUAD?

On 1-year performance, FITE leads with 43.87% vs -3.16% for EUAD. On fees, FITE is cheaper at 0.45% per year. On volatility, EUAD has been the lower-risk option at 8.24%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, FITE or EUAD?

Over the 1-year period, FITE has performed better with a 43.87% return vs -3.16%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, FITE or EUAD?

FITE is cheaper with a 0.45% expense ratio, compared with 0.50% for EUAD.

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

EUAD has the higher dividend yield at 0.41%, compared with 0.13% for FITE.

What is the main difference between FITE and EUAD?

FITE is categorized as Technology Equities, while EUAD is Aerospace & Defense. FITE tracks S&P Kensho Future Security Index, while EUAD tracks STOXX Europe Total Market Aerospace & Defense Index. They also come from different issuers: State Street and Select Funds. Their fees differ too: 0.45% for FITE and 0.50% for EUAD.

Which has better risk-adjusted returns?

FITE currently has the higher Sharpe Ratio (1.64 vs -0.11), 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.