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. A 0.50 correlation means they provide meaningful diversification when combined. 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
- 2.80%
- 1M
- —
- YTD
- —
- 6M
- —
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
IDEF
- 1D
- -0.75%
- 1M
- -0.72%
- YTD
- 7.47%
- 6M
- 13.45%
- 1Y
- 26.48%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
WAR vs. IDEF - Yearly Performance Comparison
| 2026 (YTD) | |
|---|---|
WAR U.S. Global Technology and Aerospace & Defense ETF | 4.68% |
IDEF iShares Defense Industrials Active ETF | -1.63% |
Correlation
The correlation between WAR and IDEF is 0.50, 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 | 0.50 |
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Return for Risk
WAR vs. IDEF — Risk / Return Rank
WAR
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.
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
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Sharpe Ratios by Period
| WAR | IDEF | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | — | 1.27 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 23.32 | 1.50 | +21.82 |
Drawdowns
WAR vs. IDEF - Drawdown Comparison
The maximum WAR drawdown since its inception was -1.63%, smaller than the maximum IDEF drawdown of -14.63%. 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 | -1.63% | -14.63% | +13.00% |
Max Drawdown (1Y)Largest decline over 1 year | — | -14.63% | — |
Current DrawdownCurrent decline from peak | 0.00% | -10.02% | +10.02% |
Average DrawdownAverage peak-to-trough decline | -0.67% | -3.87% | +3.20% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 5.56% | — |
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 | — | 7.46% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 17.96% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 43.24% | 21.00% | +22.24% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 43.24% | 20.94% | +22.30% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 43.24% | 20.94% | +22.30% |
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 0.16%.
| Position | TTM | 2025 |
|---|---|---|
IDEF iShares Defense Industrials Active ETF | 0.16% | 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 0.50, 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 0.16%, 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.
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