ORBX vs. WAR

Last updated Jun 4, 2026

ORBX (Global X Space Tech ETF) and WAR (U.S. Global Technology and Aerospace & Defense ETF) are both Aerospace & Defense funds. ORBX is passively managed, while WAR is actively managed. At a 0.26 correlation, their price movements are largely independent. ORBX charges 0.50%/yr vs 0.60%/yr for WAR.

Performance

ORBX vs. WAR - Performance Comparison

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

Returns By Period

ORBX

• 1D: -7.31%
• 1M: 23.50%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

WAR

• 1D: -1.92%
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

ORBX vs. WAR - Yearly Performance Comparison

	2026 (YTD)
ORBX Global X Space Tech ETF	-15.08%
WAR U.S. Global Technology and Aerospace & Defense ETF	2.67%

Correlation

The correlation between ORBX and WAR is 0.26, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (All Time) Calculated using the full available price history since May 27, 2026	0.26

Return for Risk

ORBX vs. WAR - Risk-Adjusted Trends Comparison

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

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

Sharpe Ratios by Period

	ORBX	WAR	Difference
Sharpe Ratio (All Time) Calculated using the full available price history	4.31	5.18	-0.87

Drawdowns

ORBX vs. WAR - Drawdown Comparison

The maximum ORBX drawdown since its inception was -18.53%, which is greater than WAR's maximum drawdown of -1.92%. Use the drawdown chart below to compare losses from any high point for ORBX and WAR.

Drawdown Indicators

	ORBX	WAR	Difference
Max Drawdown Largest peak-to-trough decline	-18.53%	-1.92%	-16.61%
Current Drawdown Current decline from peak	-18.53%	-1.92%	-16.61%
Average Drawdown Average peak-to-trough decline	-5.01%	-0.88%	-4.13%

Volatility

Volatility by Period

	ORBX	WAR	Difference
Volatility (1Y) Calculated over the trailing 1-year period	79.41%	42.90%	+36.51%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	79.41%	42.90%	+36.51%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	79.41%	42.90%	+36.51%

ORBX vs. WAR - Expense Ratio Comparison

ORBX has a 0.50% expense ratio, which is lower than WAR's 0.60% expense ratio.

Dividends

ORBX vs. WAR - Dividend Comparison

Neither ORBX nor WAR has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both ORBX and WAR in my portfolio?

ORBX and WAR have a correlation of 0.26, 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 WAR?

On fees, ORBX is cheaper at 0.50% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, ORBX or WAR?

ORBX is cheaper with a 0.50% expense ratio, compared with 0.60% for WAR.

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

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

What is the main difference between ORBX and WAR?

They also come from different issuers: Global X and US Global. Their fees differ too: 0.50% for ORBX and 0.60% for WAR.