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%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Invesco Defence Innovation UCITS ETF Acc | 0.35% | 143.10M | Oct 2024 | DFNS.L vs IDFN.L | |
| iShares Europe Defence UCITS ETF EUR Accumulating | 0.35% | — | May 2025 | DFNS.L vs DFEU.L | |
| WisdomTree Europe Defence UCITS ETF - EUR Acc EUR | 0.40% | 4.43B | Mar 2025 | DFNS.L vs WDEF.L | |
| HANetf Future of Defence UCITS ETF - Accumulating | 0.49% | — | Jul 2023 | DFNS.L vs NATO.L | |
| HANetf Future of Defence UCITS ETF Acc GBP | 0.49% | — | Jun 2023 | DFNS.L vs NATP.L |
Best Risk-Adjusted Alternatives to DFNS.L
DFNS.L has a PortfoliosLab risk / return rank of 12. There are 5 ETFs in the Aerospace & Defense category with higher risk-adjusted ranks, going as high as 69.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Invesco Defence Innovation UCITS ETF Acc | 69 | 143.10M | Oct 2024 | DFNS.L vs IDFN.L | |
| VanEck Defense UCITS ETF | 42 | — | Mar 2023 | DFNS.L vs DFNX.L | |
| HANetf Future of Defence UCITS ETF - Accumulating | 20 | — | Jul 2023 | DFNS.L vs NATO.L | |
| HANetf Future of Defence UCITS ETF Acc GBP | 17 | — | Jun 2023 | DFNS.L vs NATP.L | |
| VanEck Defense ETF A USD Acc GBP | 14 | — | Mar 2023 | DFNS.L vs DFNG.L |
Top Performing DFNS.L Alternatives (YTD)
DFNS.L is at -4.20% YTD. There are 7 ETFs in the Aerospace & Defense category with higher YTD returns, going as high as 25.15%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| VanEck Defense UCITS ETF | 25.15% | — | Mar 2023 | DFNS.L vs DFNX.L | |
| Invesco Defence Innovation UCITS ETF Acc | 23.03% | 143.10M | Oct 2024 | DFNS.L vs IDFN.L | |
| HANetf Future of Defence UCITS ETF Acc GBP | 9.49% | — | Jun 2023 | DFNS.L vs NATP.L | |
| HANetf Future of Defence UCITS ETF - Accumulating | 7.49% | — | Jul 2023 | DFNS.L vs NATO.L | |
| WisdomTree Europe Defence UCITS ETF - EUR Acc EUR | 2.01% | 4.43B | Mar 2025 | DFNS.L vs WDEF.L |
Lowest Volatility Alternatives to DFNS.L
DFNS.L has 25.42% 1-year volatility. There are 2 ETFs in the Aerospace & Defense category with lower 1-year volatility, going as low as 20.44%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| HANetf Future of Defence UCITS ETF - Accumulating | 20.44% | — | Jul 2023 | DFNS.L vs NATO.L | |
| VanEck Defense ETF A USD Acc GBP | 25.01% | — | Mar 2023 | DFNS.L vs DFNG.L | |
| Invesco Defence Innovation UCITS ETF Acc | 26.73% | 143.10M | Oct 2024 | DFNS.L vs IDFN.L | |
| WisdomTree Europe Defence UCITS ETF - EUR Acc EUR | 28.63% | 4.43B | Mar 2025 | DFNS.L vs WDEF.L | |
| iShares Europe Defence UCITS ETF EUR Accumulating | 38.40% | — | May 2025 | DFNS.L vs DFEU.L |
Lowest Drawdown Alternatives to DFNS.L
DFNS.L has a 1-year max drawdown of -21.65%. 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 | DFNS.L vs NATO.L | |
| Invesco Defence Innovation UCITS ETF Acc | -13.39% | 143.10M | Oct 2024 | DFNS.L vs IDFN.L | |
| WisdomTree Europe Defence UCITS ETF - EUR Acc EUR | -19.53% | 4.43B | Mar 2025 | DFNS.L vs WDEF.L | |
| VanEck Defense ETF A USD Acc GBP | -20.36% | — | Mar 2023 | DFNS.L vs DFNG.L | |
| VanEck Defense UCITS ETF | -31.65% | — | Mar 2023 | DFNS.L vs DFNX.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 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.
Compare DFNS.L with Any Fund or Stock
Compare DFNS.L with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
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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