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WAR vs. JETS
Performance
Return for Risk
Dividends
Drawdowns
Volatility

WAR vs. JETS

Last updated Apr 1, 2026

Compare and contrast key facts about U.S. Global Technology and Aerospace & Defense ETF (WAR) and U.S. Global Jets ETF (JETS).

WAR and JETS are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. WAR is an actively managed fund by US Global. It was launched on Dec 30, 2024. JETS is a passively managed fund by US Global that tracks the performance of the U.S. Global Jets Index. It was launched on Apr 28, 2015.

Performance

WAR vs. JETS - 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 U.S. Global Jets ETF (JETS). The values are adjusted to include any dividend payments, if applicable.

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WAR vs. JETS - Yearly Performance Comparison

2026 (YTD)20252024
WAR
U.S. Global Technology and Aerospace & Defense ETF		3.55%31.17%-0.16%
JETS
U.S. Global Jets ETF		-12.26%11.64%-0.35%

Returns By Period

In the year-to-date period, WAR achieves a 3.55% return, which is significantly higher than JETS's -12.26% return.

WAR

1D
6.32%
1M
-4.44%
YTD
3.55%
6M
3.05%
1Y
38.72%
3Y*
—
5Y*
—
10Y*
—

JETS

1D
4.19%
1M
-13.43%
YTD
-12.26%
6M
0.74%
1Y
19.56%
3Y*
10.05%
5Y*
-1.57%
10Y*
0.33%
*Multi-year figures are annualized to reflect compound growth (CAGR)

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

U.S. Global Technology and Aerospace & Defense ETF

U.S. Global Jets ETF

Often compared with WAR:
WAR vs. WDAFWAR vs. XDEFWAR vs. EUADWAR vs. IDEFWAR vs. PPAWAR vs. XARWAR vs. GOAU
Often compared with JETS:
JETS vs. PEJJETS vs. AWAYJETS vs. SPYJETS vs. VOOJETS vs. VJETS vs. IWMJETS vs. JEPQ

WAR vs. JETS - Expense Ratio Comparison

Both WAR and JETS have an expense ratio of 0.60%.

WAR
U.S. Global Technology and Aerospace & Defense ETF
JETS
U.S. Global Jets ETF

Return for Risk

WAR vs. JETS — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
WAR
WAR Risk / Return Rank: 7777
Overall Rank
WAR Sharpe Ratio Rank: 7676
Sharpe Ratio Rank
WAR Sortino Ratio Rank: 7474
Sortino Ratio Rank
WAR Omega Ratio Rank: 6969
Omega Ratio Rank
WAR Calmar Ratio Rank: 8787
Calmar Ratio Rank
WAR Martin Ratio Rank: 8181
Martin Ratio Rank
JETS
JETS Risk / Return Rank: 3232
Overall Rank
JETS Sharpe Ratio Rank: 3030
Sharpe Ratio Rank
JETS Sortino Ratio Rank: 3838
Sortino Ratio Rank
JETS Omega Ratio Rank: 3333
Omega Ratio Rank
JETS Calmar Ratio Rank: 3131
Calmar Ratio Rank
JETS Martin Ratio Rank: 2929
Martin Ratio Rank
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. JETS - 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 U.S. Global Jets ETF (JETS). 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.

WARJETSDifference

Sharpe ratio

Return per unit of total volatility

1.42

0.52

+0.90

Sortino ratio

Return per unit of downside risk

1.94

1.04

+0.89

Omega ratio

Gain probability vs. loss probability

1.26

1.13

+0.13

Calmar ratio

Return relative to maximum drawdown

2.75

0.73

+2.03

Martin ratio

Return relative to average drawdown

9.24

2.36

+6.89

Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

WAR vs. JETS - Sharpe Ratio Comparison

The current WAR Sharpe Ratio is 1.42, which is higher than the JETS Sharpe Ratio of 0.52. The chart below compares the historical Sharpe Ratios of WAR and JETS, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

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Sharpe Ratios by Period

WARJETSDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

1.42

0.52

+0.90

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

—

-0.05

—

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

—

0.01

—

Sharpe Ratio (All Time)

Calculated using the full available price history

1.05

0.02

+1.03

Correlation

The correlation between WAR and JETS is 0.49, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.

Dividends

WAR vs. JETS - Dividend Comparison

WAR's dividend yield for the trailing twelve months is around 12.35%, more than JETS's 0.95% yield.

TTM20252024202320222021202020192018201720162015
WAR
U.S. Global Technology and Aerospace & Defense ETF		12.35%12.79%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
JETS
U.S. Global Jets ETF		0.95%0.83%0.00%0.00%0.00%0.67%0.04%1.24%0.09%1.57%0.58%0.17%

Drawdowns

WAR vs. JETS - Drawdown Comparison

The maximum WAR drawdown since its inception was -19.13%, smaller than the maximum JETS drawdown of -64.92%. Use the drawdown chart below to compare losses from any high point for WAR and JETS.

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Drawdown Indicators

WARJETSDifference

Max Drawdown

Largest peak-to-trough decline

-19.13%

-64.92%

+45.79%

Max Drawdown (1Y)

Largest decline over 1 year

-14.06%

-24.13%

+10.07%

Max Drawdown (5Y)

Largest decline over 5 years

—

-46.70%

—

Max Drawdown (10Y)

Largest decline over 10 years

—

-64.92%

—

Current Drawdown

Current decline from peak

-8.63%

-26.90%

+18.27%

Average Drawdown

Average peak-to-trough decline

-4.07%

-25.26%

+21.19%

Ulcer Index

Depth and duration of drawdowns from previous peaks

4.19%

7.43%

-3.24%

Volatility

WAR vs. JETS - Volatility Comparison

U.S. Global Technology and Aerospace & Defense ETF (WAR) has a higher volatility of 12.70% compared to U.S. Global Jets ETF (JETS) at 11.03%. This indicates that WAR's price experiences larger fluctuations and is considered to be riskier than JETS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

WARJETSDifference

Volatility (1M)

Calculated over the trailing 1-month period

12.70%

11.03%

+1.67%

Volatility (6M)

Calculated over the trailing 6-month period

20.73%

22.19%

-1.46%

Volatility (1Y)

Calculated over the trailing 1-year period

27.27%

37.76%

-10.49%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

26.51%

31.80%

-5.29%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

26.51%

33.88%

-7.37%