XDEF vs. IDEF
XDEF (Xtrackers Europe Defense Technologies ETF) and IDEF (iShares Defense Industrials Active ETF) are both Aerospace & Defense funds. XDEF is passively managed, while IDEF is actively managed. A 0.77 correlation means they provide meaningful diversification when combined. XDEF charges 0.35%/yr vs 0.55%/yr for IDEF.
Performance
XDEF vs. IDEF - Performance Comparison
Loading charts...
Returns By Period
XDEF
- 1D
- -1.04%
- 1M
- -3.42%
- 6M
- -99.26%
- YTD
- —
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
IDEF
- 1D
- -1.39%
- 1M
- -5.21%
- 6M
- -12.66%
- YTD
- 1.15%
- 1Y
- 8.87%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
XDEF vs. IDEF - Yearly Performance Comparison
| 2026 (YTD) | |
|---|---|
XDEF Xtrackers Europe Defense Technologies ETF | -99.18% |
IDEF iShares Defense Industrials Active ETF | 1.15% |
Correlation
The correlation between XDEF and IDEF is 0.77, 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 2, 2026 | 0.77 |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
XDEF vs. IDEF — Risk / Return Rank
XDEF
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
IDEF
XDEF vs. IDEF - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Xtrackers Europe Defense Technologies ETF (XDEF) 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.
| XDEF | IDEF | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | — | 1.08 | — |
| Calmar ratioReturn relative to maximum drawdown | — | 0.57 | — |
| Martin ratioReturn relative to average drawdown | — | 1.24 | — |
Loading charts...
Drawdowns
XDEF vs. IDEF - Drawdown Comparison
The maximum XDEF drawdown since its inception was -99.30%, which is greater than IDEF's maximum drawdown of -15.69%. Use the drawdown chart below to compare losses from any high point for XDEF and IDEF.
Loading charts...
Drawdown Indicators
| XDEF | IDEF | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -99.30% | -15.69% | -83.61% |
Max Drawdown (1Y)Largest decline over 1 year | — | -15.69% | — |
Current DrawdownCurrent decline from peak | -99.27% | -15.32% | -83.95% |
Average DrawdownAverage peak-to-trough decline | -76.16% | -4.80% | -71.36% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 7.14% | — |
Volatility
XDEF vs. IDEF - Volatility Comparison
Loading charts...
Volatility by Period
| XDEF | IDEF | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 6.25% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 18.56% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 139.53% | 22.47% | +117.06% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 139.53% | 21.61% | +117.92% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 139.53% | 21.61% | +117.92% |
XDEF vs. IDEF - Expense Ratio Comparison
XDEF has a 0.35% expense ratio, which is lower than IDEF's 0.55% expense ratio.
Dividends
XDEF vs. IDEF - Dividend Comparison
XDEF's dividend yield for the trailing twelve months is around 1.54%, more than IDEF's 0.34% yield.
| Position | TTM | 2025 |
|---|---|---|
IDEF iShares Defense Industrials Active ETF | 0.34% | 0.17% |
XDEF Xtrackers Europe Defense Technologies ETF | 1.54% | 0.00% |
Frequently Asked Questions
XDEF and IDEF have a correlation of 0.77, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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.
XDEF is cheaper with a 0.35% expense ratio, compared with 0.55% for IDEF.
XDEF has the higher dividend yield at 1.54%, compared with 0.34% for IDEF.
They also come from different issuers: Xtrackers and iShares. Their fees differ too: 0.35% for XDEF and 0.55% for IDEF.
Find the right allocation for XDEF and IDEF
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer