U.S. Global Technology and Aerospace… (WAR) Performance
WAR total return
Distributions reinvested · as of Oct 23, 2026- YTD
- +20.6% since Dec 31, 2025
- 1 year
- +21.8% total return
- Since first price
- +57.9% since 2024
WAR trailing returns vs SPY, QQQ, AGG
| Period | WAR total return | Price only | S&P 500 (SPY) | Nasdaq-100 (QQQ) | U.S. bonds (AGG) |
|---|---|---|---|---|---|
| 1 month | −12.3% | −12.3% | −1.0% | −5.0% | +0.9% |
| 3 months | −8.2% | −8.2% | +3.2% | +1.9% | −0.4% |
| 6 months | −5.1% | −5.1% | +7.8% | +8.4% | −1.5% |
| YTD | +20.6% | +20.6% | +12.3% | +15.1% | −1.0% |
| 1 year | +21.8% | +8.1% | +14.4% | +15.9% | −1.1% |
| Since inceptionDec 30, 2024 | +57.9% | +40.3% | — | — | — |
Total return from adjusted closes (distributions reinvested, before tax). Periods of 3 years or more are also shown annualized. Price only excludes distributions.
Growth of $10,000: WAR vs SPY
From Dec 30, 2024: WAR grew to $15,791, SPY to $13,174.
Year-end values with distributions reinvested, no taxes or trading costs. Start: first common trading day of both funds.
WAR returns by calendar year
1 of 1 full years positive. Best 2025 (+31.2%), worst 2025 (+31.2%). 2026 is year to date.
WAR annual returns table
| Year | WAR | Largest drop | SPY | QQQ | AGG |
|---|---|---|---|---|---|
| 2026YTD | +20.6% | −25.0% | +12.3% | +15.1% | −1.0% |
| 2025 | +31.2% | −19.1% | +17.7% | +20.8% | +7.2% |
Largest drop = deepest fall from a high within that calendar year.
Calendar-year return vs largest drop within the year
Most years include a sizable fall at some point even when the year ends higher.
WAR largest drawdowns
Now 22.7% below the high| Peak | Decline | Bottom | Recovered | Fall | Underwater |
|---|---|---|---|---|---|
| Jun 2, 2026 | −25.0% | Jul 29, 2026 | not yet | 57 days | 5 months so far |
| Jan 22, 2025 | −19.1% | Apr 8, 2025 | May 15, 2025 | 2 months | 4 months |
| Mar 16, 2026 | −14.1% | Mar 30, 2026 | Apr 13, 2026 | 14 days | 28 days |
| Oct 6, 2025 | −13.9% | Nov 20, 2025 | Jan 6, 2026 | 45 days | 3 months |
Declines from a closing high (distributions reinvested) of 10% or more. Underwater = time from the peak until the old high was regained.
WAR risk statistics
| Statistic | Since 2024 |
|---|---|
| Annualized return | +39.3% |
| Volatility (annualized) | 30.8% |
| Sharpe ratio | 1.11 |
| Sortino ratio | 2.39 |
| Best month | +24.6% |
| Worst month | −16.3% |
| Best 12 months | +78.5% |
| Worst 12 months | +31.2% |
| Positive months | 52% |
| Beta vs S&P 500 | — |
| Correlation with S&P 500 | — |
From monthly total returns. Sharpe and Sortino use 1–3 month T-bills (BIL) as the risk-free rate, so they need history from 2007 on.
WAR rolling returns
| Holding period | Periods | Worst | Median | Best | Positive |
|---|---|---|---|---|---|
| 1-year | 11 | +20.9% | +38.7% | +78.5% | 100% |
Every holding period starting at a month-end since 2024. Returns for 3 years and longer are annualized.
WAR performance overview
U.S. Global Technology and Aerospace… (WAR) returned +21.8% over the past year, with distributions reinvested. Since its first recorded price on Dec 30, 2024 it has returned +57.9%. Over the same year S&P 500 (SPY) returned +14.4%.
The deepest decline was −25.0%, from Jun 2, 2026 to Jul 29, 2026; the fund has not yet regained that high. Volatility has been 30.8% a year.
Related: WAR chart, WAR holdings, WAR dividends, WAR valuation. See the WAR overview for the latest quote and fund facts.
WAR performance FAQ
What is the WAR return over the past year?
WAR returned +21.8% over the 12 months to October 23, 2026, including reinvested distributions. On price alone it rose 8.1%.
How much would $10,000 invested in WAR be worth?
$10,000 invested in WAR at its first recorded close on December 30, 2024 would be worth about $15,791 on October 23, 2026 with distributions reinvested.
What is the biggest drawdown of WAR?
The largest peak-to-trough decline was −25.0% between June 2, 2026 and July 29, 2026. It has not yet recovered to that high; it is 22.7% below its peak.
How volatile is WAR?
Over the past history WAR had an annualized volatility of 30.8% and a Sharpe ratio of 1.11 (excess return over 1–3 month T-bills per unit of risk).