DFEN.DE vs. AIG
DFEN.DE (VanEck Defense UCITS ETF A) is Aerospace & Defense fund tracking the MarketVector Global Defense Industry Index, while AIG (American International Group, Inc.) is a stock. Over the past 3 years, DFEN.DE returned 37.43%/yr vs 10.04%/yr for AIG. At a 0.18 correlation, their price movements are largely independent.
Performance
DFEN.DE vs. AIG - Performance Comparison
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Different Trading Currencies
DFEN.DE is traded in EUR, while AIG is traded in USD. To make them comparable, the AIG values have been converted to EUR using the latest available exchange rates.
Returns By Period
In the year-to-date period, DFEN.DE achieves a 3.04% return, which is significantly higher than AIG's -9.57% return.
DFEN.DE
- 1D
- 0.60%
- 1M
- 2.28%
- YTD
- 3.04%
- 6M
- 4.46%
- 1Y
- 14.07%
- 3Y*
- 37.43%
- 5Y*
- —
- 10Y*
- —
AIG
- 1D
- 0.64%
- 1M
- 1.21%
- YTD
- -9.57%
- 6M
- -8.46%
- 1Y
- -9.58%
- 3Y*
- 10.04%
- 5Y*
- 11.28%
- 10Y*
- 5.67%
DFEN.DE vs. AIG - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
DFEN.DE VanEck Defense UCITS ETF A | 3.04% | 50.76% | 51.97% | 22.65% |
AIG American International Group, Inc. | -9.57% | 5.78% | 17.00% | 37.28% |
Correlation
The correlation between DFEN.DE and AIG is 0.05, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.05 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.16 |
Correlation (All Time) Calculated using the full available price history since Apr 5, 2023 | 0.18 |
The correlation between DFEN.DE and AIG shifts across timeframes, from 0.05 (1 year) to 0.18 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
DFEN.DE vs. AIG — Risk / Return Rank
DFEN.DE
AIG
DFEN.DE vs. AIG - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for VanEck Defense UCITS ETF A (DFEN.DE) and American International Group, Inc. (AIG). 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 | AIG | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.96 | ||
| Sortino ratioReturn per unit of downside risk | +1.38 | ||
| Omega ratioGain probability vs. loss probability | 1.11 | 0.95 | +0.17 |
| Calmar ratioReturn relative to maximum drawdown | 0.74 | -0.57 | +1.31 |
| Martin ratioReturn relative to average drawdown | 1.72 | -1.03 | +2.75 |
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Drawdowns
DFEN.DE vs. AIG - Drawdown Comparison
The maximum DFEN.DE drawdown since its inception was -18.88%, smaller than the maximum AIG drawdown of -99.43%. Use the drawdown chart below to compare losses from any high point for DFEN.DE and AIG.
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Drawdown Indicators
| DFEN.DE | AIG | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -18.88% | -99.43% | +80.55% |
Max Drawdown (1Y)Largest decline over 1 year | -18.88% | -16.84% | -2.04% |
Max Drawdown (3Y)Largest decline over 3 years | -18.88% | -23.28% | +4.40% |
Max Drawdown (5Y)Largest decline over 5 years | — | -27.73% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -70.78% | — |
Current DrawdownCurrent decline from peak | -16.01% | -89.31% | +73.30% |
Average DrawdownAverage peak-to-trough decline | -3.25% | -90.86% | +87.61% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 8.15% | 9.36% | -1.21% |
Volatility
DFEN.DE vs. AIG - Volatility Comparison
VanEck Defense UCITS ETF A (DFEN.DE) has a higher volatility of 7.34% compared to American International Group, Inc. (AIG) at 6.80%. This indicates that DFEN.DE's price experiences larger fluctuations and is considered to be riskier than AIG 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 | AIG | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.34% | 6.80% | +0.54% |
Volatility (6M)Calculated over the trailing 6-month period | 19.34% | 17.80% | +1.54% |
Volatility (1Y)Calculated over the trailing 1-year period | 25.01% | 24.02% | +0.99% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 21.22% | 26.42% | -5.20% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 21.22% | 32.74% | -11.52% |
Dividends
DFEN.DE vs. AIG - Dividend Comparison
DFEN.DE has not paid dividends to shareholders, while AIG's dividend yield for the trailing twelve months is around 2.38%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AIG American International Group, Inc. | 2.38% | 2.05% | 2.14% | 2.07% | 2.02% | 2.25% | 3.38% | 2.49% | 3.25% | 2.15% | 1.96% | 1.31% |
DFEN.DE VanEck Defense UCITS ETF A | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
DFEN.DE and AIG have a correlation of 0.05, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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