WAR vs. 4MMR.DE

Last updated Jun 4, 2026

WAR (U.S. Global Technology and Aerospace & Defense ETF) and 4MMR.DE (Global X Defence Tech UCITS ETF USD Accumulating) are both Aerospace & Defense funds. At a 0.31 correlation, their price movements are largely independent.

Performance

WAR vs. 4MMR.DE - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in U.S. Global Technology and Aerospace & Defense ETF (WAR) and Global X Defence Tech UCITS ETF USD Accumulating (4MMR.DE). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

WAR is traded in USD, while 4MMR.DE is traded in EUR. To make them comparable, the 4MMR.DE values have been converted to USD using the latest available exchange rates.

Returns By Period

WAR

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

4MMR.DE

• 1D: -1.00%
• 1M: -5.99%
• YTD: -2.30%
• 6M: 3.59%
• 1Y: 11.46%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

WAR vs. 4MMR.DE - Yearly Performance Comparison

	2026 (YTD)
WAR U.S. Global Technology and Aerospace & Defense ETF	2.67%
4MMR.DE Global X Defence Tech UCITS ETF USD Accumulating	-3.41%

Correlation

The correlation between WAR and 4MMR.DE is 0.31, 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	0.31

Return for Risk

WAR vs. 4MMR.DE — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

4MMR.DE

4MMR.DE Risk / Return Rank: 15
4MMR.DE Sharpe Ratio Rank: 15
4MMR.DE Sortino Ratio Rank: 15
4MMR.DE Omega Ratio Rank: 15
4MMR.DE Calmar Ratio Rank: 14
4MMR.DE Martin Ratio Rank: 15

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

WAR vs. 4MMR.DE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for U.S. Global Technology and Aerospace & Defense ETF (WAR) and Global X Defence Tech UCITS ETF USD Accumulating (4MMR.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.

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

Sharpe Ratios by Period

	WAR	4MMR.DE	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	0.51	—
Sharpe Ratio (All Time) Calculated using the full available price history	5.18	1.75	+3.43

Drawdowns

WAR vs. 4MMR.DE - Drawdown Comparison

The maximum WAR drawdown since its inception was -1.92%, smaller than the maximum 4MMR.DE drawdown of -19.88%. Use the drawdown chart below to compare losses from any high point for WAR and 4MMR.DE.

Drawdown Indicators

	WAR	4MMR.DE	Difference
Max Drawdown Largest peak-to-trough decline	-1.92%	-19.88%	+17.96%
Max Drawdown (1Y) Largest decline over 1 year	—	-19.88%	—
Current Drawdown Current decline from peak	-1.92%	-18.41%	+16.49%
Average Drawdown Average peak-to-trough decline	-0.88%	-4.25%	+3.37%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	7.42%	—

Volatility

Volatility by Period

	WAR	4MMR.DE	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	6.31%	—
Volatility (6M) Calculated over the trailing 6-month period	—	17.25%	—
Volatility (1Y) Calculated over the trailing 1-year period	42.90%	22.39%	+20.51%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	42.90%	24.96%	+17.94%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	42.90%	24.96%	+17.94%

Dividends

WAR vs. 4MMR.DE - Dividend Comparison

Neither WAR nor 4MMR.DE has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both WAR and 4MMR.DE in my portfolio?

WAR and 4MMR.DE have a correlation of 0.31, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

What is the main difference between WAR and 4MMR.DE?

They also come from different issuers: US Global and Global X.