HANetf Future of Defence UCITS ETF - Accumulating (NATO.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 NATO.L. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to NATO.L
NATO.L charges 0.49% annually. There are 3 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 | NATO.L vs DFEU.L | |
| Invesco Defence Innovation UCITS ETF Acc | 0.35% | 143.10M | Oct 2024 | NATO.L vs IDFN.L | |
| WisdomTree Europe Defence UCITS ETF - EUR Acc EUR | 0.40% | 4.43B | Mar 2025 | NATO.L vs WDEF.L | |
| HANetf Future of Defence UCITS ETF Acc GBP | 0.49% | — | Jun 2023 | NATO.L vs NATP.L | |
| VanEck Defense ETF A USD Acc GBP | 0.55% | — | Mar 2023 | NATO.L vs DFNG.L |
Best Risk-Adjusted Alternatives to NATO.L
NATO.L has a PortfoliosLab risk / return rank of 19. There are 2 ETFs in the Aerospace & Defense category with higher risk-adjusted ranks, going as high as 62.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Invesco Defence Innovation UCITS ETF Acc | 62 | 143.10M | Oct 2024 | NATO.L vs IDFN.L | |
| VanEck Defense UCITS ETF | 40 | — | Mar 2023 | NATO.L vs DFNX.L | |
| HANetf Future of Defence UCITS ETF Acc GBP | 17 | — | Jun 2023 | NATO.L vs NATP.L | |
| VanEck Defense ETF A USD Acc GBP | 13 | — | Mar 2023 | NATO.L vs DFNG.L | |
| VanEck Defense UCITS ETF | 11 | — | Mar 2023 | NATO.L vs DFNS.L |
Top Performing NATO.L Alternatives (YTD)
NATO.L is at 6.14% YTD. There are 3 ETFs in the Aerospace & Defense category with higher YTD returns, going as high as 22.54%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| VanEck Defense UCITS ETF | 22.54% | — | Mar 2023 | NATO.L vs DFNX.L | |
| Invesco Defence Innovation UCITS ETF Acc | 19.77% | 143.10M | Oct 2024 | NATO.L vs IDFN.L | |
| HANetf Future of Defence UCITS ETF Acc GBP | 8.42% | — | Jun 2023 | NATO.L vs NATP.L | |
| iShares Europe Defence UCITS ETF EUR Accumulating | -1.96% | — | May 2025 | NATO.L vs DFEU.L | |
| WisdomTree Europe Defence UCITS ETF - EUR Acc EUR | -2.25% | 4.43B | Mar 2025 | NATO.L vs WDEF.L |
Lowest Volatility Alternatives to NATO.L
NATO.L has 20.47% 1-year volatility. No ETFs in the Aerospace & Defense category have lower 1-year volatility; the lowest-volatility alternatives shown here go as low as 24.95%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| VanEck Defense ETF A USD Acc GBP | 24.95% | — | Mar 2023 | NATO.L vs DFNG.L | |
| VanEck Defense UCITS ETF | 25.41% | — | Mar 2023 | NATO.L vs DFNS.L | |
| Invesco Defence Innovation UCITS ETF Acc | 26.81% | 143.10M | Oct 2024 | NATO.L vs IDFN.L | |
| WisdomTree Europe Defence UCITS ETF - EUR Acc EUR | 28.72% | 4.43B | Mar 2025 | NATO.L vs WDEF.L | |
| iShares Europe Defence UCITS ETF EUR Accumulating | 38.46% | — | May 2025 | NATO.L vs DFEU.L |
Lowest Drawdown Alternatives to NATO.L
NATO.L has a 1-year max drawdown of -12.79%. No ETFs in the Aerospace & Defense category have shallower 1-year drawdowns; the lowest-drawdown alternatives shown here go as shallow as -15.43%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Invesco Defence Innovation UCITS ETF Acc | -15.43% | 143.10M | Oct 2024 | NATO.L vs IDFN.L | |
| WisdomTree Europe Defence UCITS ETF - EUR Acc EUR | -19.53% | 4.43B | Mar 2025 | NATO.L vs WDEF.L | |
| VanEck Defense ETF A USD Acc GBP | -21.94% | — | Mar 2023 | NATO.L vs DFNG.L | |
| VanEck Defense UCITS ETF | -23.18% | — | Mar 2023 | NATO.L vs DFNS.L | |
| VanEck Defense UCITS ETF | -31.65% | — | Mar 2023 | NATO.L vs DFNX.L |
Other ETFs from HANetf
The 10 most viewed HANetf ETFs shown here include URNP.L, RMAU.L, PMLP.L and span 8 categories. AUM among these funds goes as high as $2B.
Often Compared With NATO.L
Investors most often compare NATO.L with SHLD, EUAD, DFND.AS. These 20 comparison targets span 10 categories, based on PortfoliosLab usage data.
Compare NATO.L with Any Fund or Stock
Compare NATO.L with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair NATO.L with funds that move differently
HANetf Future of Defence UCITS ETF - Accumulating alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to NATO.L.
Explore NATO.L Diversifiers