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NATO vs IDEF

Themes Transatlantic Defense ETF vs iShares Defense Industrials Act

NATO

Themes Transatlantic Defense ETF

Themes ETF Trust

Annual cost

0.35%

Fund size

$99M

IDEF

iShares Defense Industrials Act

BlackRock

Annual cost

0.55%

Fund size

$3.5B

Key differences

  • NATO costs 0.20% less per year.
  • IDEF is significantly larger than NATO — larger funds tend to be more liquid and less likely to close.

Side-by-side comparison

NATOIDEF
Annual cost (TER)0.35%0.55%
Fund size (AUM)$99M$3.5B
Since20242025
Dividend yield0.45%
Asset classequityequity
Regionglobal
Strategyindex trackingindex tracking
CAGR 1Y+23.3%+32.7%
CAGR 3YN/AN/A
CAGR 5YN/AN/A
Sharpe 3YN/AN/A
Volatility 1Y20.70%20.81%
Max drawdown-15.99%-14.63%

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

Similar to NATO and IDEF