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VanEck Defense UCITS ETF (DFNS.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 DFNS.L. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.

Cheapest Alternatives to DFNS.L

DFNS.L charges 0.55% annually. There are 5 ETFs in the Aerospace & Defense category with lower expense ratios, going as low as 0.35%.


Best Risk-Adjusted Alternatives to DFNS.L

DFNS.L has a PortfoliosLab risk / return rank of 19. There are 5 ETFs in the Aerospace & Defense category with higher risk-adjusted ranks, going as high as 87.


Top Performing DFNS.L Alternatives (YTD)

DFNS.L is at 2.88% YTD. There are 5 ETFs in the Aerospace & Defense category with higher YTD returns, going as high as 34.91%.


Lowest Volatility Alternatives to DFNS.L

DFNS.L has 24.88% 1-year volatility. There are 4 ETFs in the Aerospace & Defense category with lower 1-year volatility, going as low as 19.35%.


Lowest Drawdown Alternatives to DFNS.L

DFNS.L has a 1-year max drawdown of -18.72%. There are 5 ETFs in the Aerospace & Defense category with shallower 1-year drawdowns, going as shallow as -11.55%.


Other ETFs from VanEck

The 10 most viewed VanEck ETFs shown here include TDGB.L, SMGB.L, NUCG.L and span 9 categories. AUM among these funds goes as high as $7B.


Often Compared With DFNS.L

Investors most often compare DFNS.L with DFEN.DE, DFND.AS, PPA. These 20 comparison targets span 8 categories, based on PortfoliosLab usage data.


SymbolNameCategoryRisk / Return RankYTD ReturnAUMInception
VanEck Defense UCITS ETF AAerospace & Defense
17
3.71%
—Mar 2023DFNS.L vs DFEN.DE
iShares Global Aerospace & Defence UCITS ETFIndustrials Equities———Feb 2024DFNS.L vs DFND.AS
Invesco Aerospace & Defense ETFIndustrials Equities, Aerospace & Defense
37
8.54%
8.37BOct 2005DFNS.L vs PPA
Vanguard S&P 500 ETFS&P 500
70
10.91%
1.60TSep 2010DFNS.L vs VOO
Iberdrola S.A.
84
7.09%
——DFNS.L vs IBE.MC
Lockheed Martin Corporation
49
7.12%
——DFNS.L vs LMT
Betashares Global Defence ETFAerospace & Defense
12
-3.08%
—Oct 2024DFNS.L vs ARMR.AX
iShares S&P 500 Information Technology Sector UCIT...Technology Equities, S&P 500
67
26.93%
—Nov 2015DFNS.L vs QDVE.DE
Global X Defense Tech ETFAerospace & Defense
15
-2.28%
7.99BSep 2023DFNS.L vs SHLD
L&G Gold Mining UCITS ETFPrecious Metals
40
-1.27%
630.36MNov 2008DFNS.L vs AUCP.L
L&G Artificial Intelligence UCITS ETFTechnology Equities
82
42.58%
1.28BJun 2019DFNS.L vs AIAG.L
Amundi MSCI Semiconductors ESG Screened UCITS ETFSemiconductors, Technology Equities
95
69.50%
—Jul 2020DFNS.L vs LSMC.DE
WisdomTree Europe Defence UCITS ETF - EUR AccAerospace & Defense
7
1.28%
—Mar 2025DFNS.L vs EUDF.DE
REX Drone ETFAerospace & Defense—
24.77%
101.41MOct 2025DFNS.L vs DRNZ
VanEck Vectors Video Gaming and eSports ETFLarge Cap Growth Equities, Technology Equities, Gaming
4
-13.31%
241.26MOct 2018DFNS.L vs ESPO
Defiance Drone & Modern Warfare ETFAerospace & Defense—
52.32%
171.74MSep 2025DFNS.L vs JEDI
iShares Europe Defence UCITS ETF EUR AccAerospace & Defense
7
2.92%
—May 2025DFNS.L vs DFNC.DE
SPDR S&P Aerospace & Defense ETFIndustrials Equities, Aerospace & Defense
43
13.40%
6.50BSep 2011DFNS.L vs XAR
iShares U.S. Aerospace & Defense ETFAerospace & Defense, Industrials Equities
32
4.82%
14.33BMay 2006DFNS.L vs ITA
HANetf Future of Defence UCITS ETF Acc EURAerospace & Defense
28
14.82%
—Jul 2023DFNS.L vs ASWC.DE

Compare DFNS.L with Any Fund or Stock

Compare DFNS.L with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.


 

Diversifiers

Pair DFNS.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 DFNS.L.

Explore DFNS.L Diversifiers