Correlation
The correlation between DFEN.DE and EQAC.MI is 0.30, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
DFEN.DE vs. EQAC.MI
Compare and contrast key facts about VanEck Defense UCITS ETF A (DFEN.DE) and Invesco EQQQ NASDAQ-100 UCITS ETF Acc (EQAC.MI).
DFEN.DE and EQAC.MI are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. DFEN.DE is a passively managed fund by VanEck that tracks the performance of the MarketVector Global Defense Industry. It was launched on Mar 31, 2023. EQAC.MI is a passively managed fund by Invesco that tracks the performance of the NASDAQ-100 Index. It was launched on Sep 24, 2018. Both DFEN.DE and EQAC.MI are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: DFEN.DE or EQAC.MI.
Performance
DFEN.DE vs. EQAC.MI - Performance Comparison
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Key characteristics
DFEN.DE:
2.87
EQAC.MI:
0.12
DFEN.DE:
3.58
EQAC.MI:
0.31
DFEN.DE:
1.49
EQAC.MI:
1.04
DFEN.DE:
5.65
EQAC.MI:
0.10
DFEN.DE:
17.84
EQAC.MI:
0.28
DFEN.DE:
3.70%
EQAC.MI:
9.58%
DFEN.DE:
23.33%
EQAC.MI:
22.88%
DFEN.DE:
-11.67%
EQAC.MI:
-30.96%
DFEN.DE:
-0.87%
EQAC.MI:
-10.93%
Returns By Period
In the year-to-date period, DFEN.DE achieves a 38.59% return, which is significantly higher than EQAC.MI's -7.15% return.
DFEN.DE
38.59%
2.26%
37.89%
67.43%
N/A
N/A
N/A
EQAC.MI
-7.15%
-0.11%
-9.74%
2.65%
21.22%
16.45%
N/A
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DFEN.DE vs. EQAC.MI - Expense Ratio Comparison
DFEN.DE has a 0.55% expense ratio, which is higher than EQAC.MI's 0.30% expense ratio.
Risk-Adjusted Performance
DFEN.DE vs. EQAC.MI — Risk-Adjusted Performance Rank
DFEN.DE
EQAC.MI
DFEN.DE vs. EQAC.MI - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for VanEck Defense UCITS ETF A (DFEN.DE) and Invesco EQQQ NASDAQ-100 UCITS ETF Acc (EQAC.MI). 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.
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Dividends
DFEN.DE vs. EQAC.MI - Dividend Comparison
Neither DFEN.DE nor EQAC.MI has paid dividends to shareholders.
Drawdowns
DFEN.DE vs. EQAC.MI - Drawdown Comparison
The maximum DFEN.DE drawdown since its inception was -11.67%, smaller than the maximum EQAC.MI drawdown of -30.96%. Use the drawdown chart below to compare losses from any high point for DFEN.DE and EQAC.MI.
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Volatility
DFEN.DE vs. EQAC.MI - Volatility Comparison
VanEck Defense UCITS ETF A (DFEN.DE) has a higher volatility of 4.62% compared to Invesco EQQQ NASDAQ-100 UCITS ETF Acc (EQAC.MI) at 3.68%. This indicates that DFEN.DE's price experiences larger fluctuations and is considered to be riskier than EQAC.MI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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