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DFEN.DE vs. FLXI.DE
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between DFEN.DE and FLXI.DE is 0.20, 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. FLXI.DE

Last updated Jun 24, 2025

Compare and contrast key facts about VanEck Defense UCITS ETF A (DFEN.DE) and Franklin FTSE India UCITS ETF (FLXI.DE).

DFEN.DE and FLXI.DE 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. FLXI.DE is a passively managed fund by Franklin Templeton that tracks the performance of the FTSE India 30/18 Capped. It was launched on Jun 25, 2019. Both DFEN.DE and FLXI.DE 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 FLXI.DE.

Performance

DFEN.DE vs. FLXI.DE - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in VanEck Defense UCITS ETF A (DFEN.DE) and Franklin FTSE India UCITS ETF (FLXI.DE). The values are adjusted to include any dividend payments, if applicable.

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Key characteristics

Sharpe Ratio

DFEN.DE:

2.78

FLXI.DE:

-0.53

Sortino Ratio

DFEN.DE:

3.48

FLXI.DE:

-0.71

Omega Ratio

DFEN.DE:

1.48

FLXI.DE:

0.92

Calmar Ratio

DFEN.DE:

5.45

FLXI.DE:

-0.52

Martin Ratio

DFEN.DE:

17.20

FLXI.DE:

-1.11

Ulcer Index

DFEN.DE:

3.70%

FLXI.DE:

7.95%

Daily Std Dev

DFEN.DE:

23.34%

FLXI.DE:

15.71%

Max Drawdown

DFEN.DE:

-11.67%

FLXI.DE:

-40.58%

Current Drawdown

DFEN.DE:

-1.91%

FLXI.DE:

-12.02%

Returns By Period

In the year-to-date period, DFEN.DE achieves a 37.13% return, which is significantly higher than FLXI.DE's -7.52% return.

DFEN.DE

YTD

37.13%

1M

2.76%

6M

36.46%

1Y

65.21%

3Y*

N/A

5Y*

N/A

10Y*

N/A

FLXI.DE

YTD

-7.52%

1M

-2.72%

6M

-8.51%

1Y

-8.37%

3Y*

10.04%

5Y*

15.73%

10Y*

N/A

*Annualized

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VanEck Defense UCITS ETF A

Franklin FTSE India UCITS ETF

DFEN.DE vs. FLXI.DE - Expense Ratio Comparison

DFEN.DE has a 0.55% expense ratio, which is higher than FLXI.DE's 0.19% expense ratio.

DFEN.DE
VanEck Defense UCITS ETF A
FLXI.DE
Franklin FTSE India UCITS ETF
Go deeper with the Portfolio Analysis tool — backtest performance, assess risk, compare to benchmarks, and more

Risk-Adjusted Performance

DFEN.DE vs. FLXI.DE — Risk-Adjusted Performance Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
DFEN.DE
The Risk-Adjusted Performance Rank of DFEN.DE is 9797
Overall Rank
The Sharpe Ratio Rank of DFEN.DE is 9797
Sharpe Ratio Rank
The Sortino Ratio Rank of DFEN.DE is 9696
Sortino Ratio Rank
The Omega Ratio Rank of DFEN.DE is 9696
Omega Ratio Rank
The Calmar Ratio Rank of DFEN.DE is 9898
Calmar Ratio Rank
The Martin Ratio Rank of DFEN.DE is 9797
Martin Ratio Rank
FLXI.DE
The Risk-Adjusted Performance Rank of FLXI.DE is 22
Overall Rank
The Sharpe Ratio Rank of FLXI.DE is 33
Sharpe Ratio Rank
The Sortino Ratio Rank of FLXI.DE is 22
Sortino Ratio Rank
The Omega Ratio Rank of FLXI.DE is 33
Omega Ratio Rank
The Calmar Ratio Rank of FLXI.DE is 11
Calmar Ratio Rank
The Martin Ratio Rank of FLXI.DE is 22
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

DFEN.DE vs. FLXI.DE - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for VanEck Defense UCITS ETF A (DFEN.DE) and Franklin FTSE India UCITS ETF (FLXI.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.

The current DFEN.DE Sharpe Ratio is 2.78, which is higher than the FLXI.DE Sharpe Ratio of -0.53. The chart below compares the historical Sharpe Ratios of DFEN.DE and FLXI.DE, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

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Go to the full Sharpe Ratio tool to analyze any stock or portfolio. Customize time frames, set your own risk-free rate, and more

Dividends

DFEN.DE vs. FLXI.DE - Dividend Comparison

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

Tickers have no history of dividend payments

Drawdowns

DFEN.DE vs. FLXI.DE - Drawdown Comparison

The maximum DFEN.DE drawdown since its inception was -11.67%, smaller than the maximum FLXI.DE drawdown of -40.58%. Use the drawdown chart below to compare losses from any high point for DFEN.DE and FLXI.DE.

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Go to the full Drawdowns tool for more analysis options, including inflation-adjusted drawdowns, and more

Volatility

DFEN.DE vs. FLXI.DE - Volatility Comparison

VanEck Defense UCITS ETF A (DFEN.DE) has a higher volatility of 4.50% compared to Franklin FTSE India UCITS ETF (FLXI.DE) at 3.42%. This indicates that DFEN.DE's price experiences larger fluctuations and is considered to be riskier than FLXI.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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