IDEF vs. WDAF
IDEF (iShares Defense Industrials Active ETF) and WDAF (WisdomTree Asia Defense Fund) are both Aerospace & Defense funds. IDEF is actively managed, while WDAF is passively managed. Their 0.62 correlation means they have sometimes moved together and sometimes differently. IDEF charges 0.55%/yr vs 0.45%/yr for WDAF.
Performance
IDEF vs. WDAF - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, IDEF achieves a 5.28% return, which is significantly higher than WDAF's -0.06% return.
IDEF
- 1D
- 0.33%
- 1M
- -1.85%
- 6M
- -6.23%
- YTD
- 5.28%
- 1Y
- 13.32%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- 22.90%
WDAF
- 1D
- -0.96%
- 1M
- -9.68%
- 6M
- -15.34%
- YTD
- -0.06%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- —
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $16.78M | $18.59M | $29.23M | |
| $206.13K | $199.18K | $502.59K |
IDEF vs. WDAF - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
IDEF iShares Defense Industrials Active ETF | 5.28% | 2.02% |
WDAF WisdomTree Asia Defense Fund | -0.06% | -7.71% |
Correlation
The correlation between IDEF and WDAF is 0.62, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Sep 12, 2025 | 0.62 |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
IDEF vs. WDAF — Risk / Return Rank
IDEF
WDAF
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
IDEF vs. WDAF - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Defense Industrials Active ETF (IDEF) and WisdomTree Asia Defense Fund (WDAF). 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.
| IDEF | WDAF | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | 1.11 | — | — |
| Calmar ratioReturn relative to maximum drawdown | 0.80 | — | — |
| Martin ratioReturn relative to average drawdown | 1.65 | — | — |
Loading charts...
Drawdowns
IDEF vs. WDAF - Drawdown Comparison
The maximum IDEF drawdown since its inception was -15.78%, smaller than the maximum WDAF drawdown of -28.19%. Use the drawdown chart below to compare losses from any high point for IDEF and WDAF.
Loading charts...
Drawdown Indicators
| IDEF | WDAF | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -15.78% | -28.19% | +12.41% |
Max Drawdown (1Y)Largest decline over 1 year | -15.78% | — | — |
Current DrawdownCurrent decline from peak | -11.86% | -25.01% | +13.15% |
Average DrawdownAverage peak-to-trough decline | -5.11% | -8.46% | +3.35% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 7.67% | — | — |
Volatility
IDEF vs. WDAF - Volatility Comparison
Loading charts...
Volatility by Period
| IDEF | WDAF | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.10% | — | — |
Volatility (6M)Calculated over the trailing 6-month period | 18.86% | — | — |
Volatility (1Y)Calculated over the trailing 1-year period | 22.81% | 33.47% | -10.66% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 21.65% | 33.47% | -11.82% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 21.65% | 33.47% | -11.82% |
IDEF vs. WDAF - Expense Ratio Comparison
IDEF has a 0.55% expense ratio, which is higher than WDAF's 0.45% expense ratio.
Dividends
IDEF vs. WDAF - Dividend Comparison
IDEF's dividend yield for the trailing twelve months is around 0.33%, more than WDAF's 0.13% yield.
| Position | TTM | 2025 |
|---|---|---|
IDEF iShares Defense Industrials Active ETF | 0.33% | 0.17% |
WDAF WisdomTree Asia Defense Fund | 0.13% | 0.13% |
Frequently Asked Questions
IDEF and WDAF have a correlation of 0.62, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, WDAF is cheaper at 0.45% per year. The better choice depends on whether you care most about return, fees, risk, or income.
WDAF is cheaper with a 0.45% expense ratio, compared with 0.55% for IDEF.
IDEF has the higher dividend yield at 0.33%, compared with 0.13% for WDAF.
They also come from different issuers: iShares and WisdomTree. Their fees differ too: 0.55% for IDEF and 0.45% for WDAF.
Find the right allocation for IDEF and WDAF
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer