DAGB.L vs. DFNG.L
DAGB.L (VanEck Digital Assets Equity UCITS ETF A USD Acc) and DFNG.L (VanEck Defense ETF A USD Acc GBP) are both exchange-traded funds - DAGB.L is a Technology Equities fund tracking the MSCI World/Information Tech NR USD, while DFNG.L is a Aerospace & Defense fund tracking the MarketVector Global Defense Industry index. Both are passively managed. Over the past 3 years, DAGB.L returned 52.74%/yr vs 39.23%/yr for DFNG.L. At a 0.37 correlation, their price movements are largely independent. DAGB.L charges 0.65%/yr vs 0.55%/yr for DFNG.L.
Performance
DAGB.L vs. DFNG.L - Performance Comparison
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Returns By Period
In the year-to-date period, DAGB.L achieves a 29.14% return, which is significantly higher than DFNG.L's 3.59% return.
DAGB.L
- 1D
- -3.10%
- 1M
- 0.20%
- YTD
- 29.14%
- 6M
- 12.28%
- 1Y
- 47.75%
- 3Y*
- 52.74%
- 5Y*
- -1.09%
- 10Y*
- —
DFNG.L
- 1D
- 0.47%
- 1M
- -2.66%
- YTD
- 3.59%
- 6M
- 7.13%
- 1Y
- 15.22%
- 3Y*
- 39.23%
- 5Y*
- —
- 10Y*
- —
DAGB.L vs. DFNG.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
DAGB.L VanEck Digital Assets Equity UCITS ETF A USD Acc | 29.14% | 2.77% | 31.18% | 164.37% |
DFNG.L VanEck Defense ETF A USD Acc GBP | 3.59% | 56.54% | 46.20% | 22.89% |
Correlation
The correlation between DAGB.L and DFNG.L is 0.45, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.45 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.38 |
Correlation (All Time) Calculated using the full available price history since Apr 6, 2023 | 0.37 |
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Return for Risk
DAGB.L vs. DFNG.L — Risk / Return Rank
DAGB.L
DFNG.L
DAGB.L vs. DFNG.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for VanEck Digital Assets Equity UCITS ETF A USD Acc (DAGB.L) and VanEck Defense ETF A USD Acc GBP (DFNG.L). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
| DAGB.L | DFNG.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.19 | ||
| Sortino ratioReturn per unit of downside risk | +0.32 | ||
| Omega ratioGain probability vs. loss probability | 1.17 | 1.14 | +0.04 |
| Calmar ratioReturn relative to maximum drawdown | 1.13 | 0.92 | +0.20 |
| Martin ratioReturn relative to average drawdown | 2.03 | 2.28 | -0.24 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| DAGB.L | DFNG.L | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.89 | 0.70 | +0.19 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.02 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | -0.05 | 1.97 | -2.02 |
Drawdowns
DAGB.L vs. DFNG.L - Drawdown Comparison
The maximum DAGB.L drawdown since its inception was -91.23%, which is greater than DFNG.L's maximum drawdown of -18.38%. Use the drawdown chart below to compare losses from any high point for DAGB.L and DFNG.L.
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Drawdown Indicators
| DAGB.L | DFNG.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -91.23% | -18.38% | -72.85% |
Max Drawdown (1Y)Largest decline over 1 year | -45.63% | -18.38% | -27.25% |
Max Drawdown (3Y)Largest decline over 3 years | -58.45% | -18.38% | -40.07% |
Max Drawdown (5Y)Largest decline over 5 years | -91.23% | — | — |
Current DrawdownCurrent decline from peak | -33.56% | -15.37% | -18.19% |
Average DrawdownAverage peak-to-trough decline | -57.60% | -3.13% | -54.47% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 25.31% | 7.46% | +17.85% |
Volatility
DAGB.L vs. DFNG.L - Volatility Comparison
VanEck Digital Assets Equity UCITS ETF A USD Acc (DAGB.L) has a higher volatility of 16.79% compared to VanEck Defense ETF A USD Acc GBP (DFNG.L) at 7.88%. This indicates that DAGB.L's price experiences larger fluctuations and is considered to be riskier than DFNG.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| DAGB.L | DFNG.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 16.79% | 7.88% | +8.91% |
Volatility (6M)Calculated over the trailing 6-month period | 40.07% | 18.71% | +21.36% |
Volatility (1Y)Calculated over the trailing 1-year period | 57.84% | 24.17% | +33.67% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 71.95% | 20.38% | +51.57% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 71.78% | 20.38% | +51.40% |
DAGB.L vs. DFNG.L - Expense Ratio Comparison
DAGB.L has a 0.65% expense ratio, which is higher than DFNG.L's 0.55% expense ratio.
Dividends
DAGB.L vs. DFNG.L - Dividend Comparison
Neither DAGB.L nor DFNG.L has paid dividends to shareholders.
Frequently Asked Questions
DAGB.L and DFNG.L have a correlation of 0.45, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, DFNG.L is cheaper at 0.55% per year. The better choice depends on whether you care most about return, fees, risk, or income.
DFNG.L is cheaper with a 0.55% expense ratio, compared with 0.65% for DAGB.L.
DAGB.L is categorized as Technology Equities, while DFNG.L is Aerospace & Defense. DAGB.L tracks MSCI World/Information Tech NR USD, while DFNG.L tracks MarketVector Global Defense Industry index. Their fees differ too: 0.65% for DAGB.L and 0.55% for DFNG.L.
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