JETS vs. WAR

Last updated Aug 4, 2026

JETS (U.S. Global Jets ETF) and WAR (U.S. Global Technology and Aerospace & Defense ETF) are both exchange-traded funds - JETS is a Industrials Equities fund tracking the U.S. Global Jets Index, while WAR is a Aerospace & Defense fund actively managed by US Global. JETS is passively managed, while WAR is actively managed. Their 0.24 correlation means their historical movements had little consistent relationship. Both charge a 0.60% expense ratio.

Performance

JETS vs. WAR - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in U.S. Global Jets ETF (JETS) and U.S. Global Technology and Aerospace & Defense ETF (WAR). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

JETS

• 1D: 4.44%
• 1M: -1.60%
• 6M: 12.93%
• YTD: 16.39%
• 1Y: 42.46%
• 3Y*: 17.53%
• 5Y*: 8.32%
• 10Y*: 4.40%
• ALL TIME*: 3.06%

WAR

• 1D: 4.26%
• 1M: -8.09%
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: —

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
JETS U.S. Global Jets ETF	$91.26M	$93.79M	$96.86M
WAR U.S. Global Technology and Aerospace & Defense ETF	$405.22K	$567.92K	$797.30K

JETS vs. WAR - Yearly Performance Comparison

	2026 (YTD)
JETS U.S. Global Jets ETF	20.42%
WAR U.S. Global Technology and Aerospace & Defense ETF	-10.87%

Correlation

The correlation between JETS and WAR is 0.24, which is low. Their historical price movements had little consistent relationship.

	Correlation
Correlation (All Time) Calculated using the full available price history since May 26, 2026	0.24

Return for Risk

JETS vs. WAR — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

JETS

JETS Risk / Return Rank: 49
JETS Sharpe Ratio Rank: 51
JETS Sortino Ratio Rank: 57
JETS Omega Ratio Rank: 48
JETS Calmar Ratio Rank: 48
JETS Martin Ratio Rank: 41

WAR

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

JETS vs. WAR - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for U.S. Global Jets ETF (JETS) and U.S. Global Technology and Aerospace & Defense ETF (WAR). 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.

	JETS	WAR	Difference
Sharpe ratio: Return per unit of total volatility	1.29	—	—
Sortino ratio: Return per unit of downside risk	2.04	—	—
Omega ratio: Gain probability vs. loss probability	1.23	—	—
Calmar ratio: Return relative to maximum drawdown	1.77	—	—
Martin ratio: Return relative to average drawdown	4.47	—	—

Drawdowns

JETS vs. WAR - Drawdown Comparison

The maximum JETS drawdown since its inception was -64.92%, which is greater than WAR's maximum drawdown of -25.04%. Use the drawdown chart below to compare losses from any high point for JETS and WAR.

Drawdown Indicators

	JETS	WAR	Difference
Max Drawdown Largest peak-to-trough decline	-64.92%	-25.04%	-39.88%
Max Drawdown (1Y) Largest decline over 1 year	-24.13%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-35.21%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-40.38%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-64.92%	—	—
Current Drawdown Current decline from peak	-3.04%	-16.46%	+13.42%
Average Drawdown Average peak-to-trough decline	-24.93%	-10.74%	-14.19%
Ulcer Index Depth and duration of drawdowns from previous peaks	9.52%	—	—

Volatility

Volatility by Period

	JETS	WAR	Difference
Volatility (1M) Calculated over the trailing 1-month period	10.19%	—	—
Volatility (6M) Calculated over the trailing 6-month period	26.90%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	33.05%	50.42%	-17.37%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	32.57%	50.42%	-17.85%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	34.23%	50.42%	-16.19%

JETS vs. WAR - Expense Ratio Comparison

Both JETS and WAR have an expense ratio of 0.60%.

Dividends

JETS vs. WAR - Dividend Comparison

JETS's dividend yield for the trailing twelve months is around 0.71%, while WAR has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
JETS U.S. Global Jets ETF	0.71%	0.83%	0.00%	0.00%	0.00%	0.67%	0.04%	1.24%	0.09%	1.57%	0.58%	0.17%
WAR U.S. Global Technology and Aerospace & Defense ETF	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both JETS and WAR in my portfolio?

JETS and WAR have a correlation of 0.24, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, JETS or WAR?

Both ETFs have the same 0.60% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, JETS or WAR?

JETS and WAR have the same expense ratio: 0.60% per year.

Which ETF pays a higher dividend yield, JETS or WAR?

JETS has the higher dividend yield at 0.71%, compared with 0.00% for WAR.

What is the main difference between JETS and WAR?

JETS is categorized as Industrials Equities, while WAR is Aerospace & Defense.