WAR vs. IDEF
WAR (U.S. Global Technology and Aerospace & Defense ETF) and IDEF (iShares Defense Industrials Active ETF) are both Aerospace & Defense funds. Both are actively managed. Their 0.51 correlation means they have sometimes moved together and sometimes differently. WAR charges 0.60%/yr vs 0.55%/yr for IDEF.
Performance
WAR vs. IDEF - Performance Comparison
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Returns By Period
WAR
- 1D
- 0.10%
- 1M
- -11.85%
- 6M
- —
- YTD
- —
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- —
IDEF
- 1D
- 0.33%
- 1M
- -1.85%
- 6M
- -6.23%
- YTD
- 5.28%
- 1Y
- 13.32%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- 22.90%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $16.78M | $18.59M | $29.23M | |
| $393.99K | $600.52K | $802.98K |
WAR vs. IDEF - Yearly Performance Comparison
| 2026 (YTD) | |
|---|---|
WAR U.S. Global Technology and Aerospace & Defense ETF | -14.51% |
IDEF iShares Defense Industrials Active ETF | -1.17% |
Correlation
The correlation between WAR and IDEF is 0.51, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since May 26, 2026 | 0.51 |
WAR vs. IDEF - Sectors Allocation Comparison
Sectors
WAR
IDEF
Technology
Industrials
Financial Services
Communication Services
Basic Materials
-
Consumer Cyclical
-
-
Consumer Defensive
-
-
Energy
-
Healthcare
-
-
Real Estate
-
-
Utilities
-
Technology
WAR
IDEF
Industrials
WAR
IDEF
Financial Services
WAR
IDEF
Communication Services
WAR
IDEF
Basic Materials
WAR
-
IDEF
Consumer Cyclical
WAR
-
IDEF
-
Consumer Defensive
WAR
-
IDEF
-
Energy
WAR
-
IDEF
Healthcare
WAR
-
IDEF
-
Real Estate
WAR
-
IDEF
-
Utilities
WAR
-
IDEF
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Return for Risk
WAR vs. IDEF — Risk / Return Rank
WAR
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
IDEF
WAR vs. IDEF - 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 iShares Defense Industrials Active ETF (IDEF). 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.
| WAR | IDEF | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | — | 1.11 | — |
| Calmar ratioReturn relative to maximum drawdown | — | 0.80 | — |
| Martin ratioReturn relative to average drawdown | — | 1.65 | — |
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Drawdowns
WAR vs. IDEF - Drawdown Comparison
The maximum WAR drawdown since its inception was -25.04%, which is greater than IDEF's maximum drawdown of -15.78%. Use the drawdown chart below to compare losses from any high point for WAR and IDEF.
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Drawdown Indicators
| WAR | IDEF | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -25.04% | -15.78% | -9.26% |
Max Drawdown (1Y)Largest decline over 1 year | — | -15.78% | — |
Current DrawdownCurrent decline from peak | -19.88% | -11.86% | -8.02% |
Average DrawdownAverage peak-to-trough decline | -10.62% | -5.11% | -5.51% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 7.67% | — |
Volatility
WAR vs. IDEF - Volatility Comparison
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Volatility by Period
| WAR | IDEF | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 7.10% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 18.86% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 49.86% | 22.81% | +27.05% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 49.86% | 21.65% | +28.21% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 49.86% | 21.65% | +28.21% |
WAR vs. IDEF - Expense Ratio Comparison
WAR has a 0.60% expense ratio, which is higher than IDEF's 0.55% expense ratio.
Dividends
WAR vs. IDEF - Dividend Comparison
WAR has not paid dividends to shareholders, while IDEF's dividend yield for the trailing twelve months is around 0.33%.
| Position | TTM | 2025 |
|---|---|---|
IDEF iShares Defense Industrials Active ETF | 0.33% | 0.17% |
WAR U.S. Global Technology and Aerospace & Defense ETF | 0.00% | 0.00% |
Frequently Asked Questions
WAR and IDEF have a correlation of 0.51, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, IDEF is cheaper at 0.55% per year. The better choice depends on whether you care most about return, fees, risk, or income.
IDEF is cheaper with a 0.55% expense ratio, compared with 0.60% for WAR.
IDEF has the higher dividend yield at 0.33%, compared with 0.00% for WAR.
They also come from different issuers: US Global and iShares. Their fees differ too: 0.60% for WAR and 0.55% for IDEF.
Find the right allocation for WAR and IDEF
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