ORBX vs. DUTY

Last updated Jul 17, 2026

ORBX (Global X Space Tech ETF) and DUTY (U.S. Defense ETF) are both Aerospace & Defense funds - ORBX tracks the Global X Space Tech Index while DUTY tracks the Solactive U.S. Defense Index. Both are passively managed. A 0.67 correlation means they provide meaningful diversification when combined. ORBX charges 0.50%/yr vs 0.45%/yr for DUTY.

Performance

ORBX vs. DUTY - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Global X Space Tech ETF (ORBX) and U.S. Defense ETF (DUTY). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

ORBX

• 1D: -6.52%
• 1M: -22.50%
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

DUTY

• 1D: -1.36%
• 1M: -0.80%
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

ORBX vs. DUTY - Yearly Performance Comparison

	2026 (YTD)
ORBX Global X Space Tech ETF	-19.05%
DUTY U.S. Defense ETF	6.12%

Correlation

The correlation between ORBX and DUTY is 0.67, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (All Time) Calculated using the full available price history since Apr 15, 2026	0.67

Return for Risk

ORBX vs. DUTY - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Global X Space Tech ETF (ORBX) and U.S. Defense ETF (DUTY). 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.

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

Drawdowns

ORBX vs. DUTY - Drawdown Comparison

The maximum ORBX drawdown since its inception was -46.74%, which is greater than DUTY's maximum drawdown of -13.42%. Use the drawdown chart below to compare losses from any high point for ORBX and DUTY.

Drawdown Indicators

	ORBX	DUTY	Difference
Max Drawdown Largest peak-to-trough decline	-46.74%	-13.42%	-33.32%
Current Drawdown Current decline from peak	-46.74%	-7.39%	-39.35%
Average Drawdown Average peak-to-trough decline	-17.85%	-4.65%	-13.20%

Volatility

Volatility by Period

	ORBX	DUTY	Difference
Volatility (1Y) Calculated over the trailing 1-year period	79.49%	27.11%	+52.38%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	79.49%	27.11%	+52.38%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	79.49%	27.11%	+52.38%

ORBX vs. DUTY - Expense Ratio Comparison

ORBX has a 0.50% expense ratio, which is higher than DUTY's 0.45% expense ratio.

Dividends

ORBX vs. DUTY - Dividend Comparison

Neither ORBX nor DUTY has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both ORBX and DUTY in my portfolio?

ORBX and DUTY have a correlation of 0.67, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, ORBX or DUTY?

On fees, DUTY is cheaper at 0.45% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, ORBX or DUTY?

DUTY is cheaper with a 0.45% expense ratio, compared with 0.50% for ORBX.

Which ETF pays a higher dividend yield, ORBX or DUTY?

ORBX and DUTY have nearly identical dividend yields, around 0.00%.

What is the main difference between ORBX and DUTY?

ORBX tracks Global X Space Tech Index, while DUTY tracks Solactive U.S. Defense Index. They also come from different issuers: Global X and Aura. Their fees differ too: 0.50% for ORBX and 0.45% for DUTY.