SXR3.DE vs. ED3F.DE
SXR3.DE (iShares MSCI UK UCITS ETF (Acc)) and ED3F.DE (Global X Europe Focused Defence Tech UCITS ETF EUR Accumulating) are both exchange-traded funds - SXR3.DE is a Europe Equities fund tracking the MSCI UK, while ED3F.DE is a Aerospace & Defense fund tracking the Mirae Asset Europe Defence Tech Index. Both are passively managed. Over the past year, SXR3.DE returned 6.37% vs -4.47% for ED3F.DE. At a 0.12 correlation, their price movements are largely independent. SXR3.DE charges 0.33%/yr vs 0.40%/yr for ED3F.DE.
Performance
SXR3.DE vs. ED3F.DE - Performance Comparison
Loading charts...
Returns By Period
SXR3.DE
- 1D
- 0.00%
- 1M
- 0.00%
- YTD
- -0.00%
- 6M
- -0.00%
- 1Y
- 6.37%
- 3Y*
- 10.41%
- 5Y*
- 9.64%
- 10Y*
- 6.68%
ED3F.DE
- 1D
- -0.42%
- 1M
- -8.46%
- YTD
- 0.02%
- 6M
- 4.71%
- 1Y
- -4.47%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
SXR3.DE vs. ED3F.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
SXR3.DE iShares MSCI UK UCITS ETF (Acc) | -0.00% | 7.05% |
ED3F.DE Global X Europe Focused Defence Tech UCITS ETF EUR Accumulating | 0.02% | 4.82% |
Correlation
The correlation between SXR3.DE and ED3F.DE is 0.12, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.12 |
Correlation (All Time) Calculated using the full available price history since May 23, 2025 | 0.12 |
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
SXR3.DE vs. ED3F.DE — Risk / Return Rank
SXR3.DE
ED3F.DE
SXR3.DE vs. ED3F.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares MSCI UK UCITS ETF (Acc) (SXR3.DE) and Global X Europe Focused Defence Tech UCITS ETF EUR Accumulating (ED3F.DE). 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.
| SXR3.DE | ED3F.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.49 | ||
| Sortino ratioReturn per unit of downside risk | +0.62 | ||
| Omega ratioGain probability vs. loss probability | 1.24 | 1.01 | +0.23 |
| Calmar ratioReturn relative to maximum drawdown | 0.64 | -0.08 | +0.72 |
| Martin ratioReturn relative to average drawdown | 1.32 | -0.18 | +1.50 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| SXR3.DE | ED3F.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.43 | -0.06 | +0.49 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.66 | — | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.39 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.44 | 0.15 | +0.28 |
Drawdowns
SXR3.DE vs. ED3F.DE - Drawdown Comparison
The maximum SXR3.DE drawdown since its inception was -40.36%, which is greater than ED3F.DE's maximum drawdown of -23.91%. Use the drawdown chart below to compare losses from any high point for SXR3.DE and ED3F.DE.
Loading charts...
Drawdown Indicators
| SXR3.DE | ED3F.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -40.36% | -23.91% | -16.45% |
Max Drawdown (1Y)Largest decline over 1 year | -10.13% | -23.91% | +13.78% |
Max Drawdown (3Y)Largest decline over 3 years | -16.69% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -16.69% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -40.36% | — | — |
Current DrawdownCurrent decline from peak | -10.13% | -20.80% | +10.67% |
Average DrawdownAverage peak-to-trough decline | -6.29% | -8.37% | +2.08% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.95% | 10.25% | -5.30% |
Volatility
SXR3.DE vs. ED3F.DE - Volatility Comparison
The current volatility for iShares MSCI UK UCITS ETF (Acc) (SXR3.DE) is 0.00%, while Global X Europe Focused Defence Tech UCITS ETF EUR Accumulating (ED3F.DE) has a volatility of 10.58%. This indicates that SXR3.DE experiences smaller price fluctuations and is considered to be less risky than ED3F.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| SXR3.DE | ED3F.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.00% | 10.58% | -10.58% |
Volatility (6M)Calculated over the trailing 6-month period | 14.03% | 22.80% | -8.77% |
Volatility (1Y)Calculated over the trailing 1-year period | 15.13% | 30.60% | -15.47% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.49% | 30.42% | -15.93% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.96% | 30.42% | -13.46% |
SXR3.DE vs. ED3F.DE - Expense Ratio Comparison
SXR3.DE has a 0.33% expense ratio, which is lower than ED3F.DE's 0.40% expense ratio.
Dividends
SXR3.DE vs. ED3F.DE - Dividend Comparison
Neither SXR3.DE nor ED3F.DE has paid dividends to shareholders.
Frequently Asked Questions
SXR3.DE and ED3F.DE have a correlation of 0.12, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, SXR3.DE is cheaper at 0.33% per year. The better choice depends on whether you care most about return, fees, risk, or income.
SXR3.DE is cheaper with a 0.33% expense ratio, compared with 0.40% for ED3F.DE.
SXR3.DE is categorized as Europe Equities, while ED3F.DE is Aerospace & Defense. SXR3.DE tracks MSCI UK, while ED3F.DE tracks Mirae Asset Europe Defence Tech Index. They also come from different issuers: iShares and Global X. Their fees differ too: 0.33% for SXR3.DE and 0.40% for ED3F.DE.
Find the right allocation for SXR3.DE and ED3F.DE
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