WDAF vs. IDEF
WDAF (WisdomTree Asia Defense Fund) and IDEF (iShares Defense Industrials Active ETF) are both Aerospace & Defense funds. WDAF is passively managed, while IDEF is actively managed. Their 0.62 correlation means they have sometimes moved together and sometimes differently. WDAF charges 0.45%/yr vs 0.55%/yr for IDEF.
Performance
WDAF vs. IDEF - Performance Comparison
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Returns By Period
In the year-to-date period, WDAF achieves a 1.82% return, which is significantly lower than IDEF's 8.07% return.
WDAF
- 1D
- 1.89%
- 1M
- -7.97%
- 6M
- -12.60%
- YTD
- 1.82%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- —
IDEF
- 1D
- 2.66%
- 1M
- 0.76%
- 6M
- -2.87%
- YTD
- 8.07%
- 1Y
- 16.33%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- 25.44%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $16.02M | $18.41M | $29.29M | |
| $216.97K | $187.82K | $494.71K |
WDAF vs. IDEF - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
WDAF WisdomTree Asia Defense Fund | 1.82% | -7.71% |
IDEF iShares Defense Industrials Active ETF | 8.07% | 2.02% |
Correlation
The correlation between WDAF and IDEF is 0.62, 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 Sep 12, 2025 | 0.62 |
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Return for Risk
WDAF vs. IDEF — Risk / Return Rank
WDAF
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
IDEF
WDAF vs. IDEF - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for WisdomTree Asia Defense Fund (WDAF) 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.
| WDAF | IDEF | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | — | 1.13 | — |
| Calmar ratioReturn relative to maximum drawdown | — | 1.04 | — |
| Martin ratioReturn relative to average drawdown | — | 2.13 | — |
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Drawdowns
WDAF vs. IDEF - Drawdown Comparison
The maximum WDAF drawdown since its inception was -28.19%, which is greater than IDEF's maximum drawdown of -15.78%. Use the drawdown chart below to compare losses from any high point for WDAF and IDEF.
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Drawdown Indicators
| WDAF | IDEF | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -28.19% | -15.78% | -12.41% |
Max Drawdown (1Y)Largest decline over 1 year | — | -15.78% | — |
Current DrawdownCurrent decline from peak | -23.59% | -9.52% | -14.07% |
Average DrawdownAverage peak-to-trough decline | -8.53% | -5.13% | -3.40% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 7.69% | — |
Volatility
WDAF vs. IDEF - Volatility Comparison
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Volatility by Period
| WDAF | IDEF | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 7.02% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 18.98% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 33.45% | 23.00% | +10.45% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 33.45% | 21.74% | +11.71% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 33.45% | 21.74% | +11.71% |
WDAF vs. IDEF - Expense Ratio Comparison
WDAF has a 0.45% expense ratio, which is lower than IDEF's 0.55% expense ratio.
Dividends
WDAF vs. IDEF - Dividend Comparison
WDAF's dividend yield for the trailing twelve months is around 0.13%, less than IDEF's 0.32% yield.
| Position | TTM | 2025 |
|---|---|---|
IDEF iShares Defense Industrials Active ETF | 0.32% | 0.17% |
WDAF WisdomTree Asia Defense Fund | 0.13% | 0.13% |
Frequently Asked Questions
WDAF and IDEF have a correlation of 0.62, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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.
WDAF is cheaper with a 0.45% expense ratio, compared with 0.55% for IDEF.
IDEF has the higher dividend yield at 0.32%, compared with 0.13% for WDAF.
They also come from different issuers: WisdomTree and iShares. Their fees differ too: 0.45% for WDAF and 0.55% for IDEF.
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