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BELT vs IDEF

iShares U.S. Select Equity Active ETF vs iShares Defense Industrials Act

BELT

iShares U.S. Select Equity Active ETF

BlackRock

Annual cost

0.75%

Fund size

$9M

IDEF

iShares Defense Industrials Act

BlackRock

Annual cost

0.55%

Fund size

$3.5B

Key differences

  • IDEF costs 0.20% less per year.
  • IDEF is significantly larger than BELT — larger funds tend to be more liquid and less likely to close.
  • BELT covers north america markets; IDEF covers global.
  • BELT follows a index enhanced strategy; IDEF uses index tracking.

Side-by-side comparison

BELTIDEF
Annual cost (TER)0.75%0.55%
Fund size (AUM)$9M$3.5B
Since20242025
Dividend yield0.00%
Asset classequityequity
Regionnorth americaglobal
Strategyindex enhancedindex tracking
CAGR 1Y+30.3%+32.7%
CAGR 3YN/AN/A
CAGR 5YN/AN/A
Sharpe 3YN/AN/A
Volatility 1Y17.21%20.81%
Max drawdown-23.05%-14.63%

Green dot indicates the better value for that metric. Performance data is historical and does not predict future results.

Similar to BELT and IDEF