XDEF vs. ARMY

Last updated Jun 4, 2026

XDEF (Xtrackers Europe Defense Technologies ETF) and ARMY (HANetf Future of European Defence Screened UCITS ETF) are both Aerospace & Defense funds - XDEF tracks the STOXX Europe Total Market Defence, Space and Cybersecurity Innovation 50-25 Index while ARMY tracks the VettaFi European Future of Defence Screened Index. Both are passively managed. Their correlation of 0.93 suggests significant overlap in exposure. XDEF charges 0.35%/yr vs 0.39%/yr for ARMY.

Performance

XDEF vs. ARMY - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Xtrackers Europe Defense Technologies ETF (XDEF) and HANetf Future of European Defence Screened UCITS ETF (ARMY). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

XDEF is traded in USD, while ARMY is traded in EUR. To make them comparable, the ARMY 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*: —

ARMY

• 1D: -2.73%
• 1M: -1.37%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

XDEF vs. ARMY - Yearly Performance Comparison

	2026 (YTD)
XDEF Xtrackers Europe Defense Technologies ETF	-3.14%
ARMY HANetf Future of European Defence Screened UCITS ETF	-1.93%

Correlation

The correlation between XDEF and ARMY is 0.93, 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 Apr 1, 2026	0.93

Return for Risk

XDEF vs. ARMY - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Xtrackers Europe Defense Technologies ETF (XDEF) and HANetf Future of European Defence Screened UCITS ETF (ARMY). 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	ARMY	Difference
Sharpe Ratio (All Time) Calculated using the full available price history	-0.64	-0.31	-0.33

Drawdowns

XDEF vs. ARMY - Drawdown Comparison

The maximum XDEF drawdown since its inception was -99.30%, which is greater than ARMY's maximum drawdown of -14.11%. Use the drawdown chart below to compare losses from any high point for XDEF and ARMY.

Drawdown Indicators

	XDEF	ARMY	Difference
Max Drawdown Largest peak-to-trough decline	-99.30%	-14.11%	-85.19%
Current Drawdown Current decline from peak	-99.26%	-9.85%	-89.41%
Average Drawdown Average peak-to-trough decline	-70.45%	-5.71%	-64.74%

Volatility

Volatility by Period

	XDEF	ARMY	Difference
Volatility (1Y) Calculated over the trailing 1-year period	157.63%	34.74%	+122.89%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	157.63%	34.74%	+122.89%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	157.63%	34.74%	+122.89%

XDEF vs. ARMY - Expense Ratio Comparison

XDEF has a 0.35% expense ratio, which is lower than ARMY's 0.39% expense ratio.

Dividends

XDEF vs. ARMY - Dividend Comparison

Neither XDEF nor ARMY has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both XDEF and ARMY in my portfolio?

With a correlation of 0.93, XDEF and ARMY move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Which ETF is better, XDEF or ARMY?

On fees, XDEF is cheaper at 0.35% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, XDEF or ARMY?

XDEF is cheaper with a 0.35% expense ratio, compared with 0.39% for ARMY.

Which ETF pays a higher dividend yield, XDEF or ARMY?

XDEF and ARMY have nearly identical dividend yields, around 0.00%.

What is the main difference between XDEF and ARMY?

XDEF tracks STOXX Europe Total Market Defence, Space and Cybersecurity Innovation 50-25 Index, while ARMY tracks VettaFi European Future of Defence Screened Index. They also come from different issuers: Xtrackers and HANetf. Their fees differ too: 0.35% for XDEF and 0.39% for ARMY.