DFEN.DE vs. 5J50.DE
DFEN.DE (VanEck Defense UCITS ETF A) and 5J50.DE (iShares Global Aerospace & Defence UCITS ETF USD (Acc)) are both Aerospace & Defense funds - DFEN.DE tracks the MarketVector Global Defense Industry Index while 5J50.DE tracks the S&P Developed BMI Select Aerospace & Defense 35/20 Capped Index. Both are passively managed. Over the past year, DFEN.DE returned 14.03% vs 16.51% for 5J50.DE. Their correlation of 0.81 suggests significant overlap in exposure. DFEN.DE charges 0.55%/yr vs 0.35%/yr for 5J50.DE.
Performance
DFEN.DE vs. 5J50.DE - Performance Comparison
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Returns By Period
In the year-to-date period, DFEN.DE achieves a 4.02% return, which is significantly lower than 5J50.DE's 4.72% return.
DFEN.DE
- 1D
- 0.30%
- 1M
- -3.33%
- YTD
- 4.02%
- 6M
- 6.91%
- 1Y
- 14.03%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
5J50.DE
- 1D
- 0.60%
- 1M
- 2.49%
- YTD
- 4.72%
- 6M
- 9.57%
- 1Y
- 16.51%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
DFEN.DE vs. 5J50.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
DFEN.DE VanEck Defense UCITS ETF A | 4.02% | 23.16% |
5J50.DE iShares Global Aerospace & Defence UCITS ETF USD (Acc) | 4.72% | 32.25% |
Correlation
The correlation between DFEN.DE and 5J50.DE is 0.81, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.81 |
Correlation (All Time) Calculated using the full available price history since Apr 25, 2025 | 0.81 |
The correlation between DFEN.DE and 5J50.DE has been stable across timeframes, ranging from 0.81 to 0.81 - a consistent structural relationship.
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Return for Risk
DFEN.DE vs. 5J50.DE — Risk / Return Rank
DFEN.DE
5J50.DE
DFEN.DE vs. 5J50.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for VanEck Defense UCITS ETF A (DFEN.DE) and iShares Global Aerospace & Defence UCITS ETF USD (Acc) (5J50.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.
| DFEN.DE | 5J50.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.28 | ||
| Sortino ratioReturn per unit of downside risk | -0.32 | ||
| Omega ratioGain probability vs. loss probability | 1.11 | 1.16 | -0.04 |
| Calmar ratioReturn relative to maximum drawdown | 0.75 | 1.21 | -0.46 |
| Martin ratioReturn relative to average drawdown | 1.81 | 3.05 | -1.24 |
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
| DFEN.DE | 5J50.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.56 | 0.85 | -0.28 |
Sharpe Ratio (All Time)Calculated using the full available price history | 1.75 | 1.76 | -0.01 |
Drawdowns
DFEN.DE vs. 5J50.DE - Drawdown Comparison
The maximum DFEN.DE drawdown since its inception was -18.60%, which is greater than 5J50.DE's maximum drawdown of -13.56%. Use the drawdown chart below to compare losses from any high point for DFEN.DE and 5J50.DE.
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Drawdown Indicators
| DFEN.DE | 5J50.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -18.60% | -13.56% | -5.04% |
Max Drawdown (1Y)Largest decline over 1 year | -18.60% | -13.56% | -5.04% |
Current DrawdownCurrent decline from peak | -15.21% | -9.03% | -6.18% |
Average DrawdownAverage peak-to-trough decline | -3.27% | -3.60% | +0.33% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 7.72% | 5.39% | +2.33% |
Volatility
DFEN.DE vs. 5J50.DE - Volatility Comparison
VanEck Defense UCITS ETF A (DFEN.DE) has a higher volatility of 7.38% compared to iShares Global Aerospace & Defence UCITS ETF USD (Acc) (5J50.DE) at 5.85%. This indicates that DFEN.DE's price experiences larger fluctuations and is considered to be riskier than 5J50.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| DFEN.DE | 5J50.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.38% | 5.85% | +1.53% |
Volatility (6M)Calculated over the trailing 6-month period | 19.16% | 15.67% | +3.49% |
Volatility (1Y)Calculated over the trailing 1-year period | 24.79% | 19.44% | +5.35% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 21.47% | 19.31% | +2.16% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 21.47% | 19.31% | +2.16% |
DFEN.DE vs. 5J50.DE - Expense Ratio Comparison
DFEN.DE has a 0.55% expense ratio, which is higher than 5J50.DE's 0.35% expense ratio.
Dividends
DFEN.DE vs. 5J50.DE - Dividend Comparison
Neither DFEN.DE nor 5J50.DE has paid dividends to shareholders.
Frequently Asked Questions
DFEN.DE and 5J50.DE have a correlation of 0.81, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, 5J50.DE is cheaper at 0.35% per year. The better choice depends on whether you care most about return, fees, risk, or income.
5J50.DE is cheaper with a 0.35% expense ratio, compared with 0.55% for DFEN.DE.
DFEN.DE tracks MarketVector Global Defense Industry Index, while 5J50.DE tracks S&P Developed BMI Select Aerospace & Defense 35/20 Capped Index. They also come from different issuers: VanEck and iShares. Their fees differ too: 0.55% for DFEN.DE and 0.35% for 5J50.DE.
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