DFEN.DE vs. ITA
Compare and contrast key facts about VanEck Defense UCITS ETF A (DFEN.DE) and iShares U.S. Aerospace & Defense ETF (ITA).
DFEN.DE and ITA 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. ITA is a passively managed fund by iShares that tracks the performance of the Dow Jones U.S. Select Aerospace & Defense Index. It was launched on May 5, 2006. Both DFEN.DE and ITA 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 ITA.
Key characteristics
| DFEN.DE | ITA | |
|---|---|---|
| YTD Return | 67.06% | 24.98% |
| 1Y Return | 67.06% | 39.32% |
| Sharpe Ratio | 3.98 | 2.77 |
| Sortino Ratio | 5.19 | 3.67 |
| Omega Ratio | 1.68 | 1.52 |
| Calmar Ratio | 8.74 | 5.68 |
| Martin Ratio | 38.03 | 18.13 |
| Ulcer Index | 1.71% | 2.25% |
| Daily Std Dev | 16.30% | 14.74% |
| Max Drawdown | -7.47% | -59.72% |
| Current Drawdown | 0.00% | 0.00% |
Correlation
The correlation between DFEN.DE and ITA is 0.51, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
DFEN.DE vs. ITA - Performance Comparison
In the year-to-date period, DFEN.DE achieves a 67.06% return, which is significantly higher than ITA's 24.98% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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DFEN.DE vs. ITA - Expense Ratio Comparison
DFEN.DE has a 0.55% expense ratio, which is higher than ITA's 0.42% expense ratio.
Risk-Adjusted Performance
DFEN.DE vs. ITA - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for VanEck Defense UCITS ETF A (DFEN.DE) and iShares U.S. Aerospace & Defense ETF (ITA). 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.
Dividends
DFEN.DE vs. ITA - Dividend Comparison
DFEN.DE has not paid dividends to shareholders, while ITA's dividend yield for the trailing twelve months is around 0.78%.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
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% |
ITA iShares U.S. Aerospace & Defense ETF | 0.78% | 0.93% | 0.95% | 0.82% | 1.07% | 1.54% | 1.13% | 0.91% | 1.07% | 1.04% | 1.21% | 1.13% |
Drawdowns
DFEN.DE vs. ITA - Drawdown Comparison
The maximum DFEN.DE drawdown since its inception was -7.47%, smaller than the maximum ITA drawdown of -59.72%. Use the drawdown chart below to compare losses from any high point for DFEN.DE and ITA. For additional features, visit the drawdowns tool.
Volatility
DFEN.DE vs. ITA - Volatility Comparison
The current volatility for VanEck Defense UCITS ETF A (DFEN.DE) is 6.21%, while iShares U.S. Aerospace & Defense ETF (ITA) has a volatility of 6.86%. This indicates that DFEN.DE experiences smaller price fluctuations and is considered to be less risky than ITA based on this measure. The chart below showcases a comparison of their rolling one-month volatility.