VanEck Defense UCITS ETF (DFNG.L) belongs to the Aerospace & Defense category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with DFNG.L. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to DFNG.L
DFNG.L charges 0.55% annually. There are 5 ETFs in the Aerospace & Defense category with lower expense ratios, going as low as 0.35%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| iShares Europe Defence UCITS ETF EUR Accumulating | 0.35% | — | May 2025 | DFNG.L vs DFEU.L | |
| Invesco Defence Innovation UCITS ETF Acc | 0.35% | 143.10M | Oct 2024 | DFNG.L vs IDFN.L | |
| WisdomTree Europe Defence UCITS ETF - EUR Acc EUR | 0.40% | 4.31B | Mar 2025 | DFNG.L vs WDEF.L | |
| HANetf Future of Defence UCITS ETF - Accumulating | 0.49% | — | Jul 2023 | DFNG.L vs NATO.L | |
| HANetf Future of Defence UCITS ETF Acc GBP | 0.49% | — | Jun 2023 | DFNG.L vs NATP.L |
Best Risk-Adjusted Alternatives to DFNG.L
DFNG.L has a PortfoliosLab risk / return rank of 10. There are 5 ETFs in the Aerospace & Defense category with higher risk-adjusted ranks, going as high as 48.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Invesco Defence Innovation UCITS ETF Acc | 48 | 143.10M | Oct 2024 | DFNG.L vs IDFN.L | |
| VanEck Defense UCITS ETF | 32 | — | Mar 2023 | DFNG.L vs DFNX.L | |
| HANetf Future of Defence UCITS ETF - Accumulating | 25 | — | Jul 2023 | DFNG.L vs NATO.L | |
| HANetf Future of Defence UCITS ETF Acc GBP | 18 | — | Jun 2023 | DFNG.L vs NATP.L | |
| VanEck Defense UCITS ETF | 11 | — | Mar 2023 | DFNG.L vs DFNS.L |
Top Performing DFNG.L Alternatives (YTD)
DFNG.L is at -5.39% YTD. There are 7 ETFs in the Aerospace & Defense category with higher YTD returns, going as high as 19.54%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| VanEck Defense UCITS ETF | 19.54% | — | Mar 2023 | DFNG.L vs DFNX.L | |
| Invesco Defence Innovation UCITS ETF Acc | 18.98% | 143.10M | Oct 2024 | DFNG.L vs IDFN.L | |
| HANetf Future of Defence UCITS ETF Acc GBP | 12.30% | — | Jun 2023 | DFNG.L vs NATP.L | |
| HANetf Future of Defence UCITS ETF - Accumulating | 11.73% | — | Jul 2023 | DFNG.L vs NATO.L | |
| WisdomTree Europe Defence UCITS ETF - EUR Acc EUR | -0.37% | 4.31B | Mar 2025 | DFNG.L vs WDEF.L |
Lowest Volatility Alternatives to DFNG.L
DFNG.L has 25.74% 1-year volatility. There is 1 ETF in the Aerospace & Defense category with lower 1-year volatility, going as low as 21.06%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| HANetf Future of Defence UCITS ETF - Accumulating | 21.06% | — | Jul 2023 | DFNG.L vs NATO.L | |
| VanEck Defense UCITS ETF | 25.92% | — | Mar 2023 | DFNG.L vs DFNS.L | |
| Invesco Defence Innovation UCITS ETF Acc | 27.33% | 143.10M | Oct 2024 | DFNG.L vs IDFN.L | |
| WisdomTree Europe Defence UCITS ETF - EUR Acc EUR | 28.91% | 4.31B | Mar 2025 | DFNG.L vs WDEF.L | |
| iShares Europe Defence UCITS ETF EUR Accumulating | 35.82% | — | May 2025 | DFNG.L vs DFEU.L |
Lowest Drawdown Alternatives to DFNG.L
DFNG.L has a 1-year max drawdown of -24.31%. There are 4 ETFs in the Aerospace & Defense category with shallower 1-year drawdowns, going as shallow as -12.79%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| HANetf Future of Defence UCITS ETF - Accumulating | -12.79% | — | Jul 2023 | DFNG.L vs NATO.L | |
| Invesco Defence Innovation UCITS ETF Acc | -16.91% | 143.10M | Oct 2024 | DFNG.L vs IDFN.L | |
| WisdomTree Europe Defence UCITS ETF - EUR Acc EUR | -19.53% | 4.31B | Mar 2025 | DFNG.L vs WDEF.L | |
| iShares Europe Defence UCITS ETF EUR Accumulating | -23.78% | — | May 2025 | DFNG.L vs DFEU.L | |
| VanEck Defense UCITS ETF | -25.29% | — | Mar 2023 | DFNG.L vs DFNS.L |
Other ETFs from VanEck
The 10 most viewed VanEck ETFs shown here include TDGB.L, SMGB.L, NUCG.L and span 12 categories. AUM among these funds goes as high as $7B.
Often Compared With DFNG.L
Investors most often compare DFNG.L with DFND, SHLD, ARMG. These 20 comparison targets span 14 categories, based on PortfoliosLab usage data.
Compare DFNG.L with Any Fund or Stock
Compare DFNG.L with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair DFNG.L with funds that move differently
VanEck Defense UCITS ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to DFNG.L.
Explore DFNG.L Diversifiers