XDEF vs. 4MMR.DE

Last updated Jun 4, 2026

XDEF (Xtrackers Europe Defense Technologies ETF) and 4MMR.DE (Global X Defence Tech UCITS ETF USD Accumulating) are both Aerospace & Defense funds. A 0.70 correlation means they provide meaningful diversification when combined.

Performance

XDEF vs. 4MMR.DE - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Xtrackers Europe Defense Technologies ETF (XDEF) and Global X Defence Tech UCITS ETF USD Accumulating (4MMR.DE). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

XDEF is traded in USD, while 4MMR.DE is traded in EUR. To make them comparable, the 4MMR.DE values have been converted to USD using the latest available exchange rates.

Returns By Period

XDEF

• 1D: -2.06%
• 1M: -2.01%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

4MMR.DE

• 1D: -1.00%
• 1M: -5.99%
• YTD: -2.30%
• 6M: 3.59%
• 1Y: 11.46%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

XDEF vs. 4MMR.DE - Yearly Performance Comparison

	2026 (YTD)
XDEF Xtrackers Europe Defense Technologies ETF	-99.17%
4MMR.DE Global X Defence Tech UCITS ETF USD Accumulating	-2.84%

Correlation

The correlation between XDEF and 4MMR.DE is 0.70, 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 Jan 5, 2026	0.70

Return for Risk

XDEF vs. 4MMR.DE — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

4MMR.DE

4MMR.DE Risk / Return Rank: 15
4MMR.DE Sharpe Ratio Rank: 15
4MMR.DE Sortino Ratio Rank: 15
4MMR.DE Omega Ratio Rank: 15
4MMR.DE Calmar Ratio Rank: 14
4MMR.DE Martin Ratio Rank: 15

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.

XDEF vs. 4MMR.DE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Xtrackers Europe Defense Technologies ETF (XDEF) and Global X Defence Tech UCITS ETF USD Accumulating (4MMR.DE). 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

	XDEF	4MMR.DE	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	0.51	—
Sharpe Ratio (All Time) Calculated using the full available price history	-0.64	1.75	-2.38

Drawdowns

XDEF vs. 4MMR.DE - Drawdown Comparison

The maximum XDEF drawdown since its inception was -99.30%, which is greater than 4MMR.DE's maximum drawdown of -19.88%. Use the drawdown chart below to compare losses from any high point for XDEF and 4MMR.DE.

Drawdown Indicators

	XDEF	4MMR.DE	Difference
Max Drawdown Largest peak-to-trough decline	-99.30%	-19.88%	-79.42%
Max Drawdown (1Y) Largest decline over 1 year	—	-19.88%	—
Current Drawdown Current decline from peak	-99.26%	-18.41%	-80.85%
Average Drawdown Average peak-to-trough decline	-70.45%	-4.25%	-66.20%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	7.42%	—

Volatility

Volatility by Period

	XDEF	4MMR.DE	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	6.31%	—
Volatility (6M) Calculated over the trailing 6-month period	—	17.25%	—
Volatility (1Y) Calculated over the trailing 1-year period	157.63%	22.39%	+135.24%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	157.63%	24.96%	+132.67%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	157.63%	24.96%	+132.67%

Dividends

XDEF vs. 4MMR.DE - Dividend Comparison

Neither XDEF nor 4MMR.DE has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both XDEF and 4MMR.DE in my portfolio?

XDEF and 4MMR.DE have a correlation of 0.70, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

What is the main difference between XDEF and 4MMR.DE?

They also come from different issuers: Xtrackers and Global X.