DFEN.DE vs. DAVV.DE
DFEN.DE (VanEck Defense UCITS ETF A) and DAVV.DE (VanEck Crypto and Blockchain Innovators UCITS ETF) are both exchange-traded funds - DFEN.DE is a Aerospace & Defense fund tracking the MarketVector Global Defense Industry Index, while DAVV.DE is a Technology Equities fund tracking the MVIS Global Digital Assets Equity. Both are passively managed. Over the past year, DFEN.DE returned 14.03% vs 47.23% for DAVV.DE. At a 0.38 correlation, their price movements are largely independent. DFEN.DE charges 0.55%/yr vs 0.65%/yr for DAVV.DE.
Performance
DFEN.DE vs. DAVV.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 DAVV.DE's 27.16% return.
DFEN.DE
- 1D
- 0.30%
- 1M
- -3.33%
- YTD
- 4.02%
- 6M
- 6.91%
- 1Y
- 14.03%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
DAVV.DE
- 1D
- -3.80%
- 1M
- 6.15%
- YTD
- 27.16%
- 6M
- 10.24%
- 1Y
- 47.23%
- 3Y*
- 52.28%
- 5Y*
- -1.30%
- 10Y*
- —
DFEN.DE vs. DAVV.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
DFEN.DE VanEck Defense UCITS ETF A | 4.02% | 50.76% | 51.97% | 8.67% |
DAVV.DE VanEck Crypto and Blockchain Innovators UCITS ETF | 27.16% | -0.68% | 37.42% | 102.02% |
Correlation
The correlation between DFEN.DE and DAVV.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
DFEN.DE vs. DAVV.DE — Risk / Return Rank
DFEN.DE
DAVV.DE
DFEN.DE vs. DAVV.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for VanEck Defense UCITS ETF A (DFEN.DE) and VanEck Crypto and Blockchain Innovators UCITS ETF (DAVV.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 | DAVV.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 | 1.11 | 1.16 | -0.05 |
| Calmar ratioReturn relative to maximum drawdown | 0.75 | 1.03 | -0.28 |
| Martin ratioReturn relative to average drawdown | 1.81 | 1.90 | -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
| DFEN.DE | DAVV.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.56 | 0.81 | -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 | 1.75 | -0.05 | +1.80 |
Drawdowns
DFEN.DE vs. DAVV.DE - Drawdown Comparison
The maximum DFEN.DE drawdown since its inception was -18.60%, smaller than the maximum DAVV.DE drawdown of -91.53%. Use the drawdown chart below to compare losses from any high point for DFEN.DE and DAVV.DE.
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Drawdown Indicators
| DFEN.DE | DAVV.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -18.60% | -91.53% | +72.93% |
Max Drawdown (1Y)Largest decline over 1 year | -18.60% | -45.68% | +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 | -15.21% | -34.58% | +19.37% |
Average DrawdownAverage peak-to-trough decline | -3.27% | -57.66% | +54.39% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 7.72% | 24.79% | -17.07% |
Volatility
DFEN.DE vs. DAVV.DE - Volatility Comparison
The current volatility for VanEck Defense UCITS ETF A (DFEN.DE) is 7.38%, while VanEck Crypto and Blockchain Innovators UCITS ETF (DAVV.DE) has a volatility of 14.56%. This indicates that DFEN.DE experiences smaller price fluctuations and is considered to be less risky than DAVV.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 | DAVV.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.38% | 14.56% | -7.18% |
Volatility (6M)Calculated over the trailing 6-month period | 19.16% | 40.57% | -21.41% |
Volatility (1Y)Calculated over the trailing 1-year period | 24.79% | 58.12% | -33.33% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 21.47% | 70.78% | -49.31% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 21.47% | 70.57% | -49.10% |
DFEN.DE vs. DAVV.DE - Expense Ratio Comparison
DFEN.DE has a 0.55% expense ratio, which is lower than DAVV.DE's 0.65% expense ratio.
Dividends
DFEN.DE vs. DAVV.DE - Dividend Comparison
Neither DFEN.DE nor DAVV.DE has paid dividends to shareholders.
Frequently Asked Questions
DFEN.DE and DAVV.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.
DFEN.DE is categorized as Aerospace & Defense, while DAVV.DE is Technology Equities. DFEN.DE tracks MarketVector Global Defense Industry Index, while DAVV.DE tracks MVIS Global Digital Assets Equity. Their fees differ too: 0.55% for DFEN.DE and 0.65% for DAVV.DE.
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