DFEN.DE vs. AG1.DE

Last updated Jun 13, 2026

DFEN.DE (VanEck Defense UCITS ETF A) is Aerospace & Defense fund tracking the MarketVector Global Defense Industry Index, while AG1.DE (AUTO1 Group SE) is a stock. Over the past 3 years, DFEN.DE returned 37.43%/yr vs 41.22%/yr for AG1.DE. At a 0.23 correlation, their price movements are largely independent.

Performance

DFEN.DE vs. AG1.DE - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in VanEck Defense UCITS ETF A (DFEN.DE) and AUTO1 Group SE (AG1.DE). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, DFEN.DE achieves a 3.04% return, which is significantly higher than AG1.DE's -14.58% return.

DFEN.DE

• 1D: 0.60%
• 1M: 2.28%
• YTD: 3.04%
• 6M: 4.46%
• 1Y: 14.07%
• 3Y*: 37.43%
• 5Y*: —
• 10Y*: —

AG1.DE

• 1D: 4.01%
• 1M: 12.88%
• YTD: -14.58%
• 6M: -13.44%
• 1Y: -5.43%
• 3Y*: 41.22%
• 5Y*: -9.63%
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

DFEN.DE vs. AG1.DE - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
DFEN.DE VanEck Defense UCITS ETF A	3.04%	50.76%	51.97%	22.65%
AG1.DE AUTO1 Group SE	-14.58%	75.00%	140.37%	-2.84%

Correlation

The correlation between DFEN.DE and AG1.DE is 0.27, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.27
Correlation (3Y) Calculated over the trailing 3-year period	0.24
Correlation (All Time) Calculated using the full available price history since Apr 5, 2023	0.23

Return for Risk

DFEN.DE vs. AG1.DE — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

DFEN.DE

DFEN.DE Risk / Return Rank: 19
DFEN.DE Sharpe Ratio Rank: 19
DFEN.DE Sortino Ratio Rank: 20
DFEN.DE Omega Ratio Rank: 19
DFEN.DE Calmar Ratio Rank: 20
DFEN.DE Martin Ratio Rank: 18

AG1.DE

AG1.DE Risk / Return Rank: 39
AG1.DE Sharpe Ratio Rank: 38
AG1.DE Sortino Ratio Rank: 38
AG1.DE Omega Ratio Rank: 38
AG1.DE Calmar Ratio Rank: 39
AG1.DE Martin Ratio Rank: 39

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

DFEN.DE vs. AG1.DE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for VanEck Defense UCITS ETF A (DFEN.DE) and AUTO1 Group SE (AG1.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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	DFEN.DE	AG1.DE	Difference
Sharpe ratio: Return per unit of total volatility	0.56	-0.10	+0.66
Sortino ratio: Return per unit of downside risk	0.97	0.26	+0.71
Omega ratio: Gain probability vs. loss probability	1.11	1.03	+0.08
Calmar ratio: Return relative to maximum drawdown	0.74	-0.10	+0.84
Martin ratio: Return relative to average drawdown	1.72	-0.21	+1.93

DFEN.DE vs. AG1.DE - Sharpe Ratio Comparison

The current DFEN.DE Sharpe Ratio is 0.56, which is higher than the AG1.DE Sharpe Ratio of -0.10. The chart below compares the historical Sharpe Ratios of DFEN.DE and AG1.DE, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

DFEN.DE vs. AG1.DE - Drawdown Comparison

The maximum DFEN.DE drawdown since its inception was -18.88%, smaller than the maximum AG1.DE drawdown of -93.91%. Use the drawdown chart below to compare losses from any high point for DFEN.DE and AG1.DE.

Drawdown Indicators

	DFEN.DE	AG1.DE	Difference
Max Drawdown Largest peak-to-trough decline	-18.88%	-93.91%	+75.03%
Max Drawdown (1Y) Largest decline over 1 year	-18.88%	-53.17%	+34.29%
Max Drawdown (3Y) Largest decline over 3 years	-18.88%	-65.82%	+46.94%
Max Drawdown (5Y) Largest decline over 5 years	—	-92.00%	—
Current Drawdown Current decline from peak	-16.01%	-57.60%	+41.59%
Average Drawdown Average peak-to-trough decline	-3.25%	-68.55%	+65.30%
Ulcer Index Depth and duration of drawdowns from previous peaks	8.15%	25.51%	-17.36%

Volatility

DFEN.DE vs. AG1.DE - Volatility Comparison

The current volatility for VanEck Defense UCITS ETF A (DFEN.DE) is 7.34%, while AUTO1 Group SE (AG1.DE) has a volatility of 12.29%. This indicates that DFEN.DE experiences smaller price fluctuations and is considered to be less risky than AG1.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	DFEN.DE	AG1.DE	Difference
Volatility (1M) Calculated over the trailing 1-month period	7.34%	12.29%	-4.95%
Volatility (6M) Calculated over the trailing 6-month period	19.34%	48.93%	-29.59%
Volatility (1Y) Calculated over the trailing 1-year period	25.01%	56.31%	-31.30%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	21.22%	59.40%	-38.18%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	21.22%	58.51%	-37.29%

Dividends

DFEN.DE vs. AG1.DE - Dividend Comparison

Neither DFEN.DE nor AG1.DE has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both DFEN.DE and AG1.DE in my portfolio?

DFEN.DE and AG1.DE have a correlation of 0.27, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.