WAR vs. ARMY

Last updated Jun 4, 2026

WAR (U.S. Global Technology and Aerospace & Defense ETF) and ARMY (HANetf Future of European Defence Screened UCITS ETF) are both Aerospace & Defense funds. WAR is actively managed, while ARMY is passively managed. A 0.60 correlation means they provide meaningful diversification when combined. WAR charges 0.60%/yr vs 0.39%/yr for ARMY.

Performance

WAR vs. ARMY - 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 HANetf Future of European Defence Screened UCITS ETF (ARMY). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

WAR is traded in USD, while ARMY is traded in EUR. To make them comparable, the ARMY 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*: —

ARMY

• 1D: -2.73%
• 1M: -1.37%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

WAR vs. ARMY - Yearly Performance Comparison

	2026 (YTD)
WAR U.S. Global Technology and Aerospace & Defense ETF	2.67%
ARMY HANetf Future of European Defence Screened UCITS ETF	-5.35%

Correlation

The correlation between WAR and ARMY is 0.60, 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 May 27, 2026	0.60

Return for Risk

WAR vs. ARMY - 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 HANetf Future of European Defence Screened UCITS ETF (ARMY). 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	ARMY	Difference
Sharpe Ratio (All Time) Calculated using the full available price history	5.18	-0.31	+5.49

Drawdowns

WAR vs. ARMY - Drawdown Comparison

The maximum WAR drawdown since its inception was -1.92%, smaller than the maximum ARMY drawdown of -14.11%. Use the drawdown chart below to compare losses from any high point for WAR and ARMY.

Drawdown Indicators

	WAR	ARMY	Difference
Max Drawdown Largest peak-to-trough decline	-1.92%	-14.11%	+12.19%
Current Drawdown Current decline from peak	-1.92%	-9.85%	+7.93%
Average Drawdown Average peak-to-trough decline	-0.88%	-5.71%	+4.83%

Volatility

Volatility by Period

	WAR	ARMY	Difference
Volatility (1Y) Calculated over the trailing 1-year period	42.90%	34.74%	+8.16%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	42.90%	34.74%	+8.16%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	42.90%	34.74%	+8.16%

WAR vs. ARMY - Expense Ratio Comparison

WAR has a 0.60% expense ratio, which is higher than ARMY's 0.39% expense ratio.

Dividends

WAR vs. ARMY - Dividend Comparison

Neither WAR nor ARMY has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both WAR and ARMY in my portfolio?

WAR and ARMY have a correlation of 0.60, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, WAR or ARMY?

On fees, ARMY is cheaper at 0.39% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, WAR or ARMY?

ARMY is cheaper with a 0.39% expense ratio, compared with 0.60% for WAR.

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

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

What is the main difference between WAR and ARMY?

They also come from different issuers: US Global and HANetf. Their fees differ too: 0.60% for WAR and 0.39% for ARMY.