NATO vs. BESIY
NATO (Themes Transatlantic Defense ETF) is Aerospace & Defense fund tracking the Solactive Transatlantic Aerospace and Defense Index, while BESIY (BE Semiconductor Industries NV ADR) is a stock. Over the past year, NATO returned 19.28% vs 152.49% for BESIY. At a 0.27 correlation, their price movements are largely independent.
Performance
NATO vs. BESIY - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, NATO achieves a 5.66% return, which is significantly lower than BESIY's 134.97% return.
NATO
- 1D
- 1.51%
- 1M
- 7.55%
- YTD
- 5.66%
- 6M
- 8.79%
- 1Y
- 19.28%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
BESIY
- 1D
- 0.08%
- 1M
- 20.68%
- YTD
- 134.97%
- 6M
- 137.27%
- 1Y
- 152.49%
- 3Y*
- 51.67%
- 5Y*
- 37.25%
- 10Y*
- 43.80%
NATO vs. BESIY - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
NATO Themes Transatlantic Defense ETF | 5.66% | 50.95% | 0.51% |
BESIY BE Semiconductor Industries NV ADR | 134.97% | 17.03% | 15.37% |
Correlation
The correlation between NATO and BESIY is 0.33, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.33 |
Correlation (All Time) Calculated using the full available price history since Oct 11, 2024 | 0.27 |
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
NATO vs. BESIY — Risk / Return Rank
NATO
BESIY
NATO vs. BESIY - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Themes Transatlantic Defense ETF (NATO) and BE Semiconductor Industries NV ADR (BESIY). 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.
| NATO | BESIY | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.95 | ||
| Sortino ratioReturn per unit of downside risk | -1.76 | ||
| Omega ratioGain probability vs. loss probability | 1.17 | 1.45 | -0.29 |
| Calmar ratioReturn relative to maximum drawdown | 1.21 | 6.56 | -5.34 |
| Martin ratioReturn relative to average drawdown | 2.99 | 20.44 | -17.45 |
Loading charts...
Drawdowns
NATO vs. BESIY - Drawdown Comparison
The maximum NATO drawdown since its inception was -15.99%, smaller than the maximum BESIY drawdown of -78.79%. Use the drawdown chart below to compare losses from any high point for NATO and BESIY.
Loading charts...
Drawdown Indicators
| NATO | BESIY | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -15.99% | -78.79% | +62.80% |
Max Drawdown (1Y)Largest decline over 1 year | -15.99% | -23.40% | +7.41% |
Max Drawdown (3Y)Largest decline over 3 years | — | -52.59% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -56.12% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -64.02% | — |
Current DrawdownCurrent decline from peak | -8.61% | -0.72% | -7.89% |
Average DrawdownAverage peak-to-trough decline | -3.84% | -22.32% | +18.48% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 6.46% | 7.49% | -1.03% |
Volatility
NATO vs. BESIY - Volatility Comparison
The current volatility for Themes Transatlantic Defense ETF (NATO) is 8.59%, while BE Semiconductor Industries NV ADR (BESIY) has a volatility of 18.04%. This indicates that NATO experiences smaller price fluctuations and is considered to be less risky than BESIY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| NATO | BESIY | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 8.59% | 18.04% | -9.45% |
Volatility (6M)Calculated over the trailing 6-month period | 18.36% | 43.64% | -25.28% |
Volatility (1Y)Calculated over the trailing 1-year period | 21.45% | 53.87% | -32.42% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 22.80% | 53.01% | -30.21% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 22.80% | 49.15% | -26.35% |
Dividends
NATO vs. BESIY - Dividend Comparison
NATO's dividend yield for the trailing twelve months is around 0.43%, less than BESIY's 0.51% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BESIY BE Semiconductor Industries NV ADR | 0.51% | 1.59% | 1.67% | 2.07% | 6.00% | 2.44% | 1.66% | 4.12% | 13.32% | 2.37% | 1.42% | 7.74% |
NATO Themes Transatlantic Defense ETF | 0.43% | 0.45% | 0.08% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
NATO and BESIY have a correlation of 0.33, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
BESIY has higher volatility (18.04%) compared to NATO (8.59%). In terms of maximum drawdown, NATO dropped -15.99% vs BESIY's -78.79%.
BESIY currently has the higher Sharpe Ratio (2.85 vs 0.90), 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.
Find the right allocation for NATO and BESIY
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