WAR vs. WDAF

Last updated Jun 4, 2026

WAR (U.S. Global Technology and Aerospace & Defense ETF) and WDAF (WisdomTree Asia Defense Fund) are both Aerospace & Defense funds. WAR is actively managed, while WDAF is passively managed. At a correlation of -0.09, they often move in opposite directions. WAR charges 0.60%/yr vs 0.45%/yr for WDAF.

Performance

WAR vs. WDAF - 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 WisdomTree Asia Defense Fund (WDAF). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

WAR

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

WDAF

• 1D: -1.56%
• 1M: -13.31%
• YTD: 11.85%
• 6M: 16.15%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

WAR vs. WDAF - Yearly Performance Comparison

	2026 (YTD)
WAR U.S. Global Technology and Aerospace & Defense ETF	2.67%
WDAF WisdomTree Asia Defense Fund	-10.38%

Correlation

The correlation between WAR and WDAF is -0.09, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (All Time) Calculated using the full available price history since May 27, 2026	-0.09

Return for Risk

WAR vs. WDAF - 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 WisdomTree Asia Defense Fund (WDAF). 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	WDAF	Difference
Sharpe Ratio (All Time) Calculated using the full available price history	5.18	0.15	+5.03

Drawdowns

WAR vs. WDAF - Drawdown Comparison

The maximum WAR drawdown since its inception was -1.92%, smaller than the maximum WDAF drawdown of -18.21%. Use the drawdown chart below to compare losses from any high point for WAR and WDAF.

Drawdown Indicators

	WAR	WDAF	Difference
Max Drawdown Largest peak-to-trough decline	-1.92%	-18.21%	+16.29%
Current Drawdown Current decline from peak	-1.92%	-16.06%	+14.14%
Average Drawdown Average peak-to-trough decline	-0.88%	-6.09%	+5.21%

Volatility

Volatility by Period

	WAR	WDAF	Difference
Volatility (1Y) Calculated over the trailing 1-year period	42.90%	32.10%	+10.80%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	42.90%	32.10%	+10.80%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	42.90%	32.10%	+10.80%

WAR vs. WDAF - Expense Ratio Comparison

WAR has a 0.60% expense ratio, which is higher than WDAF's 0.45% expense ratio.

Dividends

WAR vs. WDAF - Dividend Comparison

WAR has not paid dividends to shareholders, while WDAF's dividend yield for the trailing twelve months is around 0.12%.

Position	TTM	2025
WAR U.S. Global Technology and Aerospace & Defense ETF	0.00%	0.00%
WDAF WisdomTree Asia Defense Fund	0.12%	0.13%

Frequently Asked Questions

Can I hold both WAR and WDAF in my portfolio?

WAR and WDAF have a correlation of -0.09, 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 WDAF?

On fees, WDAF is cheaper at 0.45% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, WAR or WDAF?

WDAF is cheaper with a 0.45% expense ratio, compared with 0.60% for WAR.

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

WDAF has the higher dividend yield at 0.12%, compared with 0.00% for WAR.

What is the main difference between WAR and WDAF?

They also come from different issuers: US Global and WisdomTree. Their fees differ too: 0.60% for WAR and 0.45% for WDAF.