DAVV.DE vs. DFEN.DE
DAVV.DE (VanEck Crypto and Blockchain Innovators UCITS ETF) and DFEN.DE (VanEck Defense UCITS ETF A) are both exchange-traded funds - DAVV.DE is a Technology Equities fund tracking the MVIS Global Digital Assets Equity, while DFEN.DE is a Aerospace & Defense fund tracking the MarketVector Global Defense Industry Index. Both are passively managed. Over the past year, DAVV.DE returned 43.77% vs 12.18% for DFEN.DE. At a 0.38 correlation, their price movements are largely independent. DAVV.DE charges 0.65%/yr vs 0.55%/yr for DFEN.DE.
Performance
DAVV.DE vs. DFEN.DE - Performance Comparison
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Returns By Period
In the year-to-date period, DAVV.DE achieves a 27.16% return, which is significantly higher than DFEN.DE's 4.02% return.
DAVV.DE
- 1D
- -3.80%
- 1M
- -0.05%
- YTD
- 27.16%
- 6M
- 13.79%
- 1Y
- 43.77%
- 3Y*
- 52.28%
- 5Y*
- -1.30%
- 10Y*
- —
DFEN.DE
- 1D
- 0.30%
- 1M
- -2.84%
- YTD
- 4.02%
- 6M
- 8.12%
- 1Y
- 12.18%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
DAVV.DE vs. DFEN.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
DAVV.DE VanEck Crypto and Blockchain Innovators UCITS ETF | 27.16% | -0.68% | 37.42% | 102.02% |
DFEN.DE VanEck Defense UCITS ETF A | 4.02% | 50.76% | 51.97% | 8.67% |
Correlation
The correlation between DAVV.DE and DFEN.DE is 0.46, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.46 |
Correlation (All Time) Calculated using the full available price history since Jun 20, 2023 | 0.38 |
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Return for Risk
DAVV.DE vs. DFEN.DE — Risk / Return Rank
DAVV.DE
DFEN.DE
DAVV.DE vs. DFEN.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for VanEck Crypto and Blockchain Innovators UCITS ETF (DAVV.DE) and VanEck Defense UCITS ETF A (DFEN.DE). 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.
| DAVV.DE | DFEN.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.25 | ||
| Sortino ratioReturn per unit of downside risk | +0.42 | ||
| Omega ratioGain probability vs. loss probability | 1.16 | 1.11 | +0.05 |
| Calmar ratioReturn relative to maximum drawdown | 1.03 | 0.75 | +0.28 |
| Martin ratioReturn relative to average drawdown | 1.90 | 1.81 | +0.09 |
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
| DAVV.DE | DFEN.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.81 | 0.56 | +0.25 |
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 | 1.75 | -1.80 |
Drawdowns
DAVV.DE vs. DFEN.DE - Drawdown Comparison
The maximum DAVV.DE drawdown since its inception was -91.53%, which is greater than DFEN.DE's maximum drawdown of -18.60%. Use the drawdown chart below to compare losses from any high point for DAVV.DE and DFEN.DE.
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Drawdown Indicators
| DAVV.DE | DFEN.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -91.53% | -18.60% | -72.93% |
Max Drawdown (1Y)Largest decline over 1 year | -45.68% | -18.60% | -27.08% |
Max Drawdown (3Y)Largest decline over 3 years | -60.00% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -91.53% | — | — |
Current DrawdownCurrent decline from peak | -34.58% | -15.21% | -19.37% |
Average DrawdownAverage peak-to-trough decline | -57.66% | -3.27% | -54.39% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 24.79% | 7.72% | +17.07% |
Volatility
DAVV.DE vs. DFEN.DE - Volatility Comparison
VanEck Crypto and Blockchain Innovators UCITS ETF (DAVV.DE) has a higher volatility of 14.56% compared to VanEck Defense UCITS ETF A (DFEN.DE) at 7.38%. This indicates that DAVV.DE's price experiences larger fluctuations and is considered to be riskier than DFEN.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| DAVV.DE | DFEN.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 14.56% | 7.38% | +7.18% |
Volatility (6M)Calculated over the trailing 6-month period | 40.57% | 19.16% | +21.41% |
Volatility (1Y)Calculated over the trailing 1-year period | 58.12% | 24.79% | +33.33% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 70.78% | 21.47% | +49.31% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 70.57% | 21.47% | +49.10% |
DAVV.DE vs. DFEN.DE - Expense Ratio Comparison
DAVV.DE has a 0.65% expense ratio, which is higher than DFEN.DE's 0.55% expense ratio.
Dividends
DAVV.DE vs. DFEN.DE - Dividend Comparison
Neither DAVV.DE nor DFEN.DE has paid dividends to shareholders.
Frequently Asked Questions
DAVV.DE and DFEN.DE have a correlation of 0.46, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, DFEN.DE is cheaper at 0.55% per year. The better choice depends on whether you care most about return, fees, risk, or income.
DFEN.DE is cheaper with a 0.55% expense ratio, compared with 0.65% for DAVV.DE.
DAVV.DE is categorized as Technology Equities, while DFEN.DE is Aerospace & Defense. DAVV.DE tracks MVIS Global Digital Assets Equity, while DFEN.DE tracks MarketVector Global Defense Industry Index. Their fees differ too: 0.65% for DAVV.DE and 0.55% for DFEN.DE.
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