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HWAY vs IDEF

Themes US Infrastructure ETF vs iShares Defense Industrials Act

HWAY

Themes US Infrastructure ETF

Themes ETF Trust

Annual cost

0.29%

Fund size

$3M

IDEF

iShares Defense Industrials Act

BlackRock

Annual cost

0.55%

Fund size

$3.5B

Key differences

  • HWAY costs 0.26% less per year.
  • IDEF is significantly larger than HWAY — larger funds tend to be more liquid and less likely to close.
  • HWAY covers north america markets; IDEF covers global.

Side-by-side comparison

HWAYIDEF
Annual cost (TER)0.29%0.55%
Fund size (AUM)$3M$3.5B
Since20242025
Dividend yield1.07%
Asset classequityequity
Regionnorth americaglobal
Strategyindex trackingindex tracking
CAGR 1Y+43.7%+32.7%
CAGR 3YN/AN/A
CAGR 5YN/AN/A
Sharpe 3YN/AN/A
Volatility 1Y19.77%20.81%
Max drawdown-25.96%-14.63%

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

Similar to HWAY and IDEF