XAR vs. WDGF
XAR (SPDR S&P Aerospace & Defense ETF) and WDGF (WisdomTree Global Defense Fund) are both Aerospace & Defense funds - XAR tracks the S&P Aerospace & Defense Select Industry Index while WDGF tracks the WisdomTree Global Defense Index. Both are passively managed. Their correlation of 0.85 suggests significant overlap in exposure. XAR charges 0.35%/yr vs 0.45%/yr for WDGF.
Performance
XAR vs. WDGF - Performance Comparison
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Returns By Period
In the year-to-date period, XAR achieves a 13.40% return, which is significantly higher than WDGF's 3.03% return.
XAR
- 1D
- -2.08%
- 1M
- 7.34%
- YTD
- 13.40%
- 6M
- 20.10%
- 1Y
- 41.33%
- 3Y*
- 34.11%
- 5Y*
- 16.26%
- 10Y*
- 18.01%
WDGF
- 1D
- -1.45%
- 1M
- -3.36%
- YTD
- 3.03%
- 6M
- 8.65%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
XAR vs. WDGF - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
XAR SPDR S&P Aerospace & Defense ETF | 13.40% | 9.30% |
WDGF WisdomTree Global Defense Fund | 3.03% | -0.25% |
Correlation
The correlation between XAR and WDGF is 0.85, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Sep 15, 2025 | 0.85 |
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Return for Risk
XAR vs. WDGF — Risk / Return Rank
XAR
WDGF
XAR vs. WDGF - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for SPDR S&P Aerospace & Defense ETF (XAR) and WisdomTree Global Defense Fund (WDGF). 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.
| XAR | WDGF | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | 1.26 | — | — |
| Calmar ratioReturn relative to maximum drawdown | 2.41 | — | — |
| Martin ratioReturn relative to average drawdown | 6.85 | — | — |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| XAR | WDGF | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.55 | — | — |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.70 | — | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.73 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.85 | 0.17 | +0.67 |
Drawdowns
XAR vs. WDGF - Drawdown Comparison
The maximum XAR drawdown since its inception was -46.37%, which is greater than WDGF's maximum drawdown of -14.36%. Use the drawdown chart below to compare losses from any high point for XAR and WDGF.
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Drawdown Indicators
| XAR | WDGF | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -46.37% | -14.36% | -32.01% |
Max Drawdown (1Y)Largest decline over 1 year | -17.22% | — | — |
Max Drawdown (3Y)Largest decline over 3 years | -19.73% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -32.40% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -46.37% | — | — |
Current DrawdownCurrent decline from peak | -6.55% | -12.77% | +6.22% |
Average DrawdownAverage peak-to-trough decline | -6.79% | -5.46% | -1.33% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 6.05% | — | — |
Volatility
XAR vs. WDGF - Volatility Comparison
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Volatility by Period
| XAR | WDGF | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 9.52% | — | — |
Volatility (6M)Calculated over the trailing 6-month period | 22.39% | — | — |
Volatility (1Y)Calculated over the trailing 1-year period | 26.81% | 22.41% | +4.40% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 23.41% | 22.41% | +1.00% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 24.62% | 22.41% | +2.21% |
XAR vs. WDGF - Expense Ratio Comparison
XAR has a 0.35% expense ratio, which is lower than WDGF's 0.45% expense ratio.
Dividends
XAR vs. WDGF - Dividend Comparison
XAR's dividend yield for the trailing twelve months is around 0.32%, more than WDGF's 0.05% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
WDGF WisdomTree Global Defense Fund | 0.05% | 0.05% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
XAR SPDR S&P Aerospace & Defense ETF | 0.32% | 0.40% | 0.66% | 0.54% | 0.50% | 0.83% | 0.63% | 0.75% | 1.19% | 0.76% | 1.09% | 2.31% |
Frequently Asked Questions
XAR and WDGF have a correlation of 0.85, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, XAR is cheaper at 0.35% per year. The better choice depends on whether you care most about return, fees, risk, or income.
XAR is cheaper with a 0.35% expense ratio, compared with 0.45% for WDGF.
XAR has the higher dividend yield at 0.32%, compared with 0.05% for WDGF.
XAR tracks S&P Aerospace & Defense Select Industry Index, while WDGF tracks WisdomTree Global Defense Index. They also come from different issuers: State Street and WisdomTree. Their fees differ too: 0.35% for XAR and 0.45% for WDGF.
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